Senior Investment Officer

Summary

Manages assigned fee revenue producing investment accounts ranging from moderately sized to large and sensitive personal trust and individual relationships. With fiduciary accounts, operates within the framework of the underlying document, developing strategies designed to achieve specific investment goals. Assignments generally involve a high level of client service, in some cases as primary client contact.

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Manages assigned fee revenue producing investment accounts ranging from moderately sized to large and sensitive personal trust and individual relationships. With fiduciary accounts, operates within the framework of the underlying document, developing strategies designed to achieve specific investment goals. Assignments generally involve a high level of client service, in some cases as primary client contact.

The responsibilities associated with the management of individual investment portfolios are a major portion of the duties. In addition, a significant responsibility is assisting the Chief Investment Officer with the selection and monitoring of the department’s equity focus list. The incumbent is required to function as the day‑to‑day supervisor of various types of investment portfolios including charitable institutions, investment management, and fiduciary accounts.

A basic component of this position is a broad understanding of the capital markets (stocks, bonds, etc.) and the ability to execute timely decisions that are consistent with the investment objectives of accounts supervised.

• Analyzes investment portfolios to assure that asset allocation and stock selection are consistent with each client’s long‑term investment objectives.
• Communicates with clients and with the organization as a whole (account officer support and new business development). Responds to client inquiries and concerns in a timely manner.
• Ensures that the Equity and Fixed Income segments of portfolios are properly diversified and that investment changes are guided by our overall strategy within the framework of our sector weighted discipline.
• Manages investment activities for assigned accounts, representing moderately sized to large and sensitive high net worth personal trusts, individual investment, and court‑appointed accounts.
• The nature of the relationship, size, or type of assets managed, sensitive customer issues, and coordinating shared authority with clients/co‑trustees.
• Develops, recommends, and directs the execution of programs designed to achieve investment objectives for account relationships utilizing investments on the department’s approved list.
• Monitors the performance of the clients’ portfolio to ensure it is consistent with their objectives. Maintains continuous contact with the client so as to be aware of any changes in their investment objectives or ability to assume risk.
• Maintains extensive contact with personal trust administration officer, customers, co‑trustees, consultants, and outside attorneys to ensure communication of trust/agency requirements and coordinate portfolio activity.
• Maintains a current awareness of new investment strategies and instruments through regular contact with the investment community and other industry professionals, as well as through personal research.
• Act as primary backup to Investment Securities Trader.

• Must maintain current knowledge and understanding of legal, tax and/or legislative changes that affect trust and investment activities.
• Must have knowledge of trustee responsibilities relative to investing trust assets, specific securities laws, OCC Regulation 9 and relevant ethical issues.
• Performs all duties in accordance with prescribed regulatory compliance guidelines.

• Participates in the development of new investment business with sales staff.
• As part of the role of Bank Officer, promotes the Bank’s products and services in daily interaction with others.
• As opportunities arise, promotes additional products and services to existing or prospective customers.
• Actively participates in community and professional organizations.

• Working in…