Director, Portfolio Management

At FNBO, our employees are the heart of our story—and we’re committed to their success! Please see below the details of this career opportunity and how it fits into our organization’s success.

Summary of the Job:

The Director, Portfolio Manager, plays a key role in delivering FNBO’s Wealth Management investment experience. This role is client-facing, combining investment experience with relationship management. The portfolio manager partners closely with individual and institutional advisors to design, implement and monitor customized portfolios that align with client goals, risk profiles and overall wealth plans.

Direct responsibility for trading portfolios that hold equity, fixed income and alternatives for individual trust and institutional accounts. The Director, Portfolio Manager, helps deepen relationships through investment acumen and supports client retention, expansion and business development. Investment work comprises research and participation in asset allocation or manager selection committees, including contributing to equity satellite, fixed income satellite or alternative working groups.

About This Role:

Key Accountabilities:

Portfolio Management: Responsible for individually managed accounts, including fixed income securities, equities and alternatives. This includes monitoring asset allocation and implementing trades as needed.

·       Construct diversified portfolios within client investment objectives and constraints.

·       Implement strategies based on the Investment Committee’s approved list of investments.

·       Maximize investment returns commensurate with an acceptable level of risk.

Customer Goals and Initiatives: Deliver exceptional client experience and demonstrate expertise as Trusted Advisor.

·       Conduct effective presentations to clients to explain investment strategies and results.

·       Prepare for client meetings and partner with WM team to deliver outstanding service.

·       Retain and expand client managed assets.

New Business Development:  Represent investment team in new business activities.

·       Review and analyze prospective client portfolios and make recommendations.

·       Make effective presentations to prospective individual and institutional clients.

·       Coordinate investment response in requests for proposals (“RFPs”) if asked.

Investment Research: Actively participate in the investment process and portfolio management decisions.

·       Analyze investment opportunities in assigned research areas, focusing on potential return and risk. Primary investment committees include asset allocation and manager research with working groups in equity satellite, fixed income satellite and alternatives.

·       Participate and make investment recommendations as part of Investment Committee.

·       Support the investment team in all aspects of portfolio management and research.

Compliance:  Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties.

·       Complete OCC client initial and annual reviews for assigned accounts.

·       Fulfill compliance training and adhere to internal procedures and controls, as required.

·       Report any known violations of compliance policy, laws, or regulations as well as suspicious customer and/or account activity.

The Ideal Candidate for This Role:

8 – 12+ years of experience in investment or wealth management.

Bachelor’s degree in business or related field.

CFA or CFP designation.

Strong understanding of capital markets, global economy and asset allocation.

Demonstrated expertise in a major asset class: Equities, fixed income, alternatives.

Ability to explain complex investment concepts clearly to clients and advisors.

Excellent relationship management skills with a client-first mindset.

Desired:

Master of Business Administration or Finance.

Proficiency with portfolio management systems (experience with APX, Moxy, Genesis, Black Diamond, or similar platforms preferred)

Experience with servicing high net worth individuals and institutions.

Candidates must possess unrestricted work authorization and not require future sponsorship.

Work Environment:

It is anticipated that the incumbent in this role will work onsite at the posted location. Our onsite environment fosters innovation, mentorship, and a vibrant culture where ideas flow freely and relationships flourish. As part of our team, you'll experience the energy of our collaborative spaces designed to support your professional growth while working alongside talented colleagues who inspire excellence daily. Please note that work location is subject to change based on business needs.