Relationship Management Officer, Portfolio Management

Full Time Exempt Professional Greenville, DE, US

This position operates in a hybrid work environment, 3 days per week in the office (Wilmington, DE).

This position serves as the Relationship Management Officer, Portfolio Management on designated private client relationships and provides comprehensive investment advice and ongoing investment management of portfolios aligned with client objectives and the firm’s best thinking and practices. The role works closely with experienced relationship managers, wealth advisory and financial planning colleagues to deliver integrated investment management solutions that meet various goals-based needs of clients.

A working knowledge of financial, estate and tax planning and fiduciary/trust administration is expected. The ability to identify issues, generate ideas and articulate solutions to relationship managers and/or the client service team is important. This position is designed for a career-oriented individual seeking to integrate investment and financial planning knowledge while developing relationship management skills.

• Portfolio Management and Investments:
  Independently develop, implement, and actively manage investment plans that are consistent with client objectives and goals and the firm’s best thinking and practices.
• Independently navigate client conversations and inquiries around portfolio management and investment strategy topics in a manner consistent with the firm’s view.
• Assist clients in identifying and articulating goals.
• Develop and implement asset allocation/investment plans, including a well-documented investment policy statement to help clients achieve stated goals.
• On an ongoing basis, initiate and execute trades to ensure alignment with client goals, risk tolerance, and Investment Policy Committee recommendations.
• Perform investment research as needed; review daily transaction reports for possible investment actions.

• Relationship Management and Client Service:
  Serve as a client contact alongside the Relationship Manager and/or Wealth Advisor, ensuring firm client contact standards are met with every decision maker in a client relationship.
• Collaborate with the service team to formulate and deliver asset sufficiency and basic Wealth View/Goals-Based Wealth reports.
• Actively participate in client meetings and provide expertise on investment-related issues.
• Support client onboarding as an integral member of the client service team.
• Respond to client inquiries and coordinate communication with clients when appropriate.
• Work with other professionals on the client relationship team and across the firm to leverage the firm’s best thinking across wealth management practice areas.
• Identify financial and non-financial considerations to integrate into the overall investment plan.
• Implement conclusions and take responsibility for their execution.

• Portfolio and Account Administration:
  Ensure portfolio management compliance reporting and oversight requirements are met; maintain client information with documentation retention practices in the CRM and related technology platforms.
• In compliance with regulatory policies and procedures, approve transaction requests including disbursements, trades, transfers of cash via ACH or wire, etc.

• Business Development:
  Participate in the new business development process when appropriate, attend Glenmede-sponsored events, and identify opportunities to expand existing business or obtain qualified client referrals.

• Business Acumen:
  Maintain in-depth knowledge of the firm’s investment processes and philosophy, participate in Investment Policy Committee meetings, Manager Research meetings, and other venues; gain knowledge of trading and investment/portfolio management systems to improve day-to-day efficiency; seek broad experience through roles, professional designations, or internal recognition.

• Firm Building:
  Contribute to firm-wide and private client group initiatives and projects, including technology integration, enhanced client service, and increased productivity; contribute to firm thinking on investment issues and processes; perform other duties as required.

• 4–6 years of…