Ascent Director of Investments - Minneapolis, MN

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career.

Try new things, learn new skills and discover what you excel at—all from Day One.

The Ascent division of U.S. Bank’s Wealth Management Group exclusively serves a limited number of ultra‑high‑net‑worth clients, each with a net worth exceeding $75 million. The Director of Investments is responsible for directly managing these clients' investment portfolios while also assisting senior advisors with portfolio management and business development efforts.

• Creating personalized client portfolios and related performance reports.
• Delivering prompt and relevant investment updates to clients.
• Preparing materials and models for both internal and external meetings.
• Collaborating closely with the Managing Directors of Investments to ensure consistent implementation of investment strategies across all accounts and organizing transition plans as appropriate.
• Handling direct client contact as part of supporting the Managing Directors.

• Bachelor's degree, or equivalent work experience.
• Seven or more years of experience in a portfolio/wealth management role.

• Effective interpersonal, verbal and written communication skills.
• Advanced understanding of finance/accounting/investments and portfolio construction, and financial modeling skills.
• Strong Microsoft Excel skills.
• Two or more years of experience working with alternative assets.
• CFA designation.
• Master's degree.

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.