Institutional Investment Manager II

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Regular or Temporary:
Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

Please review the following job description: The Institutional Investment Manager II (IIM2) is a key contributor within the institutional investment management team, responsible for supporting the development, implementation, and communication of investment strategies for institutional clients, including Outsourced Chief Investment Officer (OCIO) mandates. This role focuses on sustaining and deepening existing client relationships and assisting in new business development opportunities that may be sourced by wholesale/wealth/financial advisors across nonprofit organizations and other institutional entities with investment needs.

The IIM delivers proactive, holistic advice aligned with each client’s objectives, governance structure, and long-term strategy.

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

Responsibilities

• Engage in information discovery and client goal identification for prospective institutional clients.
• Analyze investment portfolios, develop and implement strategic asset allocation, as well as portfolio implementation and construction.
• Clearly articulate investment process and recommendations.
• Build lasting and meaningful relationships with clients through proactive engagement and influence with boards, investment committees, and C-suite executives by providing clear and compelling investment recommendations as well as investment and institutional thought leadership.
• Collaborate as a key member of the Truist Wealth client-facing team to deepen institutional client relationships through proactive communication and advice.
• Assist in client onboarding and develop Investment Policy Statements tailored to each institution’s unique objectives, governance structure, and risk profile.
• Execute strategic and tactical asset allocation.
• Manage daily trading activities in discretionary, non-discretionary, and trust-based portfolios.
• Implement investment recommendations and transition new clients into ongoing portfolio management and communication cycles.
• Conduct proactive investment reviews; recommend, monitor, and adjust strategies to achieve client-specific goals for institutional portfolios.
• Active participant for deal team in new business opportunities.
• Assist senior leaders and advisors in acquiring institutional-level prospective clients.
• Ensure adherence to risk management and compliance standards, documenting compliance with all relevant regulatory policies and procedures.

Required Qualifications:

• Bachelor’s degree
• Minimum 5+ years of investment management experience, with at least three focused on institutional clients.
• Demonstrated proficiency in managing portfolios with assets of $5MM or more, including strategic asset allocation and portfolio construction.
• Ability to engage and influence boards, investment committees, and C-suite executives, providing clear and compelling investment recommendations.
• Strong communication skills (written and verbal), excellent presentation, analytical, and quantitative reasoning skills
• Proficiency in Microsoft Excel and Power Point
• Understanding of institutional investment trends, governance, and fiduciary standards and regulatory requirements.
• Strong organizational and time management skills, with the ability to prioritize and manage multiple complex relationships effectively.
• Ability and willingness to travel as needed to meet with clients, attend board meetings, conferences, client events, and participate in business development activities.
• The annual base salary for this position is $150,000-$240,000.

Preferred Qualifications:

• Graduate degree in finance, economics, accounting, or related field
• CFA or CIMA designation strongly preferred or progress toward certification
• Experience with OCIO mandates and complex portfolio structures

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation:

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment,…