Description

　　The Portfolio Management Group (PMG) is responsible for the day-to-day management of Citizens Private Bank and Institutional client portfolios. A Centralized Portfolio Manager provides portfolio management services for high net worth and institutional client accounts within the Private Bank. This is a middle office position, responsible for assisting a team of portfolio managers in the management of the day/day strategies, objectives, risk/return and liquidity needs for clients under management. The role will include interfacing with internal and external customers and groups to help facilitate the management, support and expansion of the fixed income product lineup.

　　Additionally, the role will consist of in-depth credit analysis work. This job component will involve conducting detailed research and analysis of market data, trends and other factors related to the financing and overall fiscal health of state and local governments and corporate issuers. Preparation of credit reports and recommendations will be fundamental in the decision-making process during the portfolio construction and ongoing maintenance of client portfolios. The corresponding research will be disseminated and used by Portfolio and Relationship Managers as support for fielding questions regarding market exposures within a broader investment context.

　　Assist with the oversight and management of wealth, trust and institutional accounts

　　Responsible for interfacing with Advisors, Investment Managers and Private Client Associates to ensure seamless client onboarding and ongoing support of client inquiries

　　Monitor accounts according to the client’s investment policy statement, ensuring compliance with client’s stated mandate

　　Work directly with the Fixed Income Portfolio Management team to invest client portfolios according to the Investment Policy Statement, and to meet client risk/return objective

　　Review and resolve exception reporting related to asset allocation, non-approved assets, and performance exceptions

　　Collaborating with advisors and specialized team members to resolve daily client needs

　　Assist in the creation and updating of resources to advisors for the sales process, development of pitch books, performance books, and other client and prospect needs

　　Conduct written summaries of market environments, trends, operating history and repayment capacity for long positions or potential buy candidates

　　Make recommendations that will help mitigate credit risks or identify undervalued market segments

　　Interact directly with Portfolio and Relationship Managers and to answer questions related to financial reporting requirements, interpreting financial statements and maintaining credit files

　　Qualifications

　　Experience working with high-net worth individuals a plus

　　Excellent organizational and interpersonal skills

　　Excellent client service and communication

　　Bachelor’s Degree preferred

　　Excellent verbal and written communication skills

　　3-5 years minimum experience in Banking and/or Investments, with preferred work experience in credit/financial analysis

　　Position requires basic internet search skills, developed knowledge of financial statement analysis, effective verbal and written communications skills, ability to manage multiple priorities at once

　　Pay Transparency

　　The salary range for this position is $88,275.00 - $147,125.00, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience.

　　We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.

　　Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

　　Equal Employment Opportunity

　　At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.

　　Equal Employment and Opportunity Employer

　　Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.

　　Why Work for Us

　　At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth

　　01/26/2024