Description

JOB FUNCTION / SUMMARY:

Director, Wealth Portfolio management is primarily responsible for all aspects of client engagement for asset management professionals and management of the Wealth Portfolio Management group.  The Director manages and provides guidance on all aspects of asset management client engagement including retention and sales materials; appropriate communication points; and discussion of the firm’s economic and market outlook.  The Director, Wealth Portfolio Management is also responsible for ensuring appropriate account book sizes are maintained and the portfolio management assignment of new relationships. 

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Oversees the development of methodologies for investment strategies and the ongoing process of reviewing and modifying existing methodologies.
• Ensures our team has professional sales and retention presentation materials for all client engagement opportunities.
• Monitors and maintains appropriate account book sizes for portfolio management team.
• Assists in asset management product development.
• Helps in raising the visibility of HW Asset Management through planning and development of programs to write or speak about our firm and market and economic related topics to both internal and external audiences.  
• Meets with current and potential high net worth and industrial clients to discuss and determine an appropriate investment strategy and asset allocation for the client.
• Executes strategies in accordance with the process, policies and procedures of the Wealth Management Group.
• Makes investment decisions regarding security selection and asset allocation for client portfolios.
• Evaluates, studies, and effectively communicates current economic and market conditions.
• Formulates and reviews the investment process and change as conditions warrant.
• Provides written and oral communication to clients, consultants, Bank management, the Hancock Horizon Funds' Board and others regarding investment strategy and results.
• Audits accounts, records and certifications to ensure compliance of workers with standard procedures of Wealth Management.
• Compiles and accurately reports all financial data as required by government regulations.
• Keeps abreast of developments in the financial markets using fundamental and technical research to arrive at sound and timely investment recommendation.
• Keeps abreast of legal and tax consequences of investment decisions.
• Incumbent is required to comply with all applicable federal, state, and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act.

Requirements

MINIMUM REQUIRED EDUCATION, EXPERIENCE & KNOWLEDGE:

• Bachelor’s in Finance, Economics, or related field; advanced degree preferred.
• 12 years of investment and financial analysis experience.
• CFA or CIMA preferred; advanced understanding of trusts, wealth management, sales techniques, industry trends, investment products / markets, and leadership skills.
• Requires an advanced understanding of trusts and investment products, strategies and markets.
• Requires an advanced understanding of banking and investment regulations.
• Requires advanced skills with Bloomberg Professional and Morningstar Direct