Senior Portfolio Manager-CEF (remote) NY at First Citizens Bank and Trust Company

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

11 Feb, 26

Salary

150000.0

Posted On

13 Nov, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Portfolio Management, Client Servicing, Risk Management, Investment Strategy, Data Analysis, Market Trends, Financial Reporting, Securities Trading, Investment Recommendations, Team Management, Training, Performance Evaluation, Compliance, Presentation Skills, High-Net-Worth Client Service

Industry

Banking

Description

Overview This is a remote role that will only be hired in the following location: New York City, NY. This position is responsible for the management of capital Equipment Finance (“CEF) investment products. Creates and implements the Bank's CEF investment strategy and approach within stated investment guidelines. Responsible for the financial risk and return of the portfolio through ongoing monitoring, reporting, risk management, and structuring of investments. Services large, complex portfolios for high new worth clients. Provides investment recommendations, presentations, and expertise to achieve client investment and service objectives. Responsibilities Portfolio Strategy - Develops and implement CEF investment policies. Analyzes data, research, and market trends to meet client investment needs. Ensures compliance with investment and fiduciary guidelines within proprietary investment products. May assist senior leadership with initiatives that support wider strategic objectives. Client Servicing - Services the largest, most complex client accounts through ongoing reporting, monitoring, and handling of client portfolios. Develops extensive reports and presentations that provide clarity on investment options, performance, and outlook. Provides support to new acquisition and sales efforts with high-net-worth clients. Portfolio Management - Oversees selection and trading of securities and effective execution of intended investments. Managerial Functions - Assigns portfolios to selected associates. Makes appropriate changes to investment policies, procedures, and efficiencies in order to meet objectives. Manages the performance, training, and evaluation of assigned portfolio staff. Maximizes portfolio achievements by providing professional development. Qualifications Bachelor's Degree and 6 years of experience in Credit Analysis and Credit Underwriting OR High School Diploma or GED and 10 years of experience in Credit Analysis and Credit Underwriting If hired in New York, New York the base pay for this position is generally between $110,000.00 and $150,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment. Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits. #LI-NK1

Responsibilities

The Senior Portfolio Manager is responsible for managing capital Equipment Finance investment products and implementing the Bank's investment strategy. This role involves servicing large, complex portfolios for high-net-worth clients and providing investment recommendations and expertise.