Sr. Client Portfolio Manager

Under the supervision of the Director of Investments, works as a partner with the WMAS Investments Team and the WMAS Relationship Managers (RMs) by handling all investment aspects and client investment inquiries on assigned accounts.

Position eligible for candidates based in Bellevue, WA or Boise,  Overview:

Founded in 1902, Washington Trust Bank remains proudly independent. For more than 120 years, we have been focused on long-term client relationships. We dedicate our strengths as an independent regional bank to serving clients who understand the value of an established banking relationship and who seek tailored financial products and services. Our heritage and mission remain clear today: we will be the best at understanding and meeting the financial needs of our customers.

Executive Chairman Peter Stanton is the fourth generation of his family to lead the Bank, growing from its small Spokane headquarters in 1902 to an $11B financial institution with 40 locations throughout Washington, Idaho and Oregon. We enjoy an advantage over our publicly traded competitors because we focus on long-term goals rather than quarterly results. We base our decisions on what is happening in our communities and what is right for our customers.

We have never strayed from our commitment to client service, continuing to grow our commercial, private banking, wealth management, small business and consumer portfolios even in the most challenging macroeconomic environments.  Our sound business practices, innovation, knowledge and expertise have seen us through both the best and the most difficult economic cycles.  Washington Trust’s longevity and success are a testament to our unwavering commitment to our clients and our employees.

Essential Functions:

Handles all investment aspects and client investment inquiries on assigned accounts.

Acts as primary point of contact for fully managed accounts (IMAs, IRAs, Revocable Trusts, Charitable Trusts, and Nonprofits) in a style consistent with WMAS Investments philosophy and discipline.

Actively assists Client Development and Front Office teams to acquire new clients, and to expand and retain existing relationships.

Assists in the retention of client relationships after initial sale has been made. Participates with RM in client meetings as appropriate.

Provides information and education to RMs to assist in their efforts to provide value added client service.

Provides recommendations and research to Client Development and Front Office teams, with any variances from WMAS Investments’ style, philosophy, or portfolio construction to be approved by the Director of Investments.

Monitors client accounts to ensure compliance with established investment strategies, style and philosophy; coordinates with analysts to initiate any changes necessary to keep accounts within established tolerance bands.

Oversees the creation of proposals and presentations to prospects and clients as deemed necessary.

Reviews Annual Account Investment Reviews, Excess Cash and Bond Maturities in conjunction with RMs, communicating recommended changes, logic for changes, and receives appropriate approval to execute required changes.

Actively participates in WMAS Investments team meetings and strategy  conjunction with the Director of Investments, assists in the development and implementation of investment and risk management strategies; development of new fee-based products for individual, business and institutional  coordination with Director of Investments, conducts education sessions, producing educational materials and conducting seminars.

Works in coordination with Director of Investments to mentor Client Portfolio Managers and Associate Client Portfolio Managers where appropriate.

Ensures all activities…