What are the responsibilities and job description for the Portfolio Manager Assistant position at Johnson Investment Counsel?
Job Title:
Portfolio Manager Assistant
Date:
May 2024
Department
Family Office Services
Reports To:
Portfolio Manager
FLSA Classification:
Exempt
Summary / objective of position:
The Portfolio Manager Assistant proactively assists Portfolio Manager(s) in all aspects of portfolio management and financial planning. Responsible for managing the administrative functions within each workgroup. This requires the ability to prioritize and delegate tasks with the Client Support Assistant.
Essential functions of position:
- Preparation and analysis for comprehensive client reviews and ad hoc meetings
- Maintain a strong knowledge of client accounts and individual objectives
- Ensure portfolio consistency with investment models for all client accounts
- Recommend and implement solutions on the following subject matters:
- Rebalance accounts based on investment objective
- Cash levels and pace of investments
- Non-representative accounts
- Non-model securities as directed by Portfolio Manager
- Process security purchase and sales and provide recommendations to Portfolio Manager
- Must be familiar with model portfolios and investment rationale for each holding
- Assist with client projects such as stock holding research, insurance policy assessments, income tax review and review of outside assets
- Develop knowledge of estate planning, charitable giving and other similar investment approaches to assist clients with their Financial Plan.
- Prospective client analysis
- Participate on relevant teams, focusing on area of interest.
- Ability to become a subject matter expert on relevant topics.
- Maintain strong knowledge of all relevant software applications (CRM, Portfolio Management, eMoney, etc)
- Assist Portfolio Manager(s) on client communications
- Work closely with Client Support Assistant(s) to handle administrative tasks, client and prospect meeting preparations, and account transfer process
- Professional development progress toward CFA (preferred) or CFP is expected. Various duties and responsibilities that may be required by Portfolio Manager(s)
Preferred education and experience
- Heart to serve clients
- High level of positivity
- Ability to work collaboratively
- Four-year undergraduate degree (finance or business related preferred)
- 0-3 years of industry related experience strongly preferred
- Must be organized and detail oriented
- Must be able to manage multiple projects simultaneously
- Must have an interest in investments
- Proficient in Excel and Word
- Able to work in a team environment
- Ability and willingness to learn
- Must demonstrate a high level of initiative
- Excellent communication skills (verbal and written)
- Ability to represent Johnson Investment Counsel externally
Supervisory responsibility: N/A
Travel required: N/A
Work environment: Temperature controlled, office environment
Physical demands: Must be able to stand or sit at computer for 8 hours per day. May require extensive typing at times.
Additional eligibility requirements: N/A
Work authorization/security clearance requirements: United States Citizen or lawful permanent resident
EEO statement: As an equal opportunity employer, Johnson Investment Counsel, Inc. does not discriminate in its employment decisions on the basis of race, religion, color, national origin, sex, pregnancy, sexual orientation, age, disability, veteran/ military status, or any other protected status as required by law.
Other duties: Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Commercial Portfolio Manager
U.S. Bank National Association -
Cincinnati, OH