Relationship Management Officer, Portfolio Management

Relationship Management Officer, Portfolio Management

Empowering Financial Futures.

For more than 65 years, Glenmede's independent ownership, innovation and unwavering commitment to our clients have made us a trusted partner for private wealth, endowment & foundation, and investment management clients.

Our people are invaluable. Through a team-oriented environment, your knowledge, expertise and varied backgrounds contribute to thoughtful innovation. Our culture fosters opportunities for continuous career growth and development in all areas of the organization. Working at Glenmede, you will experience the infrastructure and resources of a large firm combined with the client and employee focus of an independently owned boutique.

Private Wealth:
Empowering the confident pursuit of purpose, passions and legacy through integrated wealth management.

To us, wealth is not static or one-dimensional. The complexities of wealth management require an integrated approach to anticipating, understanding and addressing unique client circumstances. Our team of experts partners with every client to personalize solutions that lead to exceptional outcomes. Our success is determined by the success of our clients.

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

Overview:

This position will serve as the Relationship Management Officer, Portfolio Management on designated private client relationships and provide comprehensive investment advice and ongoing investment management of portfolios that is consistent with specific client objectives and goals and the firm's best thinking and practices. This position will work closely with experienced relationship managers, wealth advisory and financial planning colleagues to provide integrated investment management solutions that meet various goals-based needs of clients.

The position requires a working knowledge of other areas such as financial, estate and tax planning and fiduciary/trust administration. The ability to identify issues, generate ideas and articulate solutions to relationship managers and/or the client service team will be an important component. This position is intended for a career-oriented individual interested in expanding their ability to integrate investment and financial planning knowledge, while working to develop relationship management skills.

Responsibilities:

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 that is consistent with the firm's view.
• Assist clients in identifying and articulating goals
• Develop and implement asset allocation/investment plans, which incorporates a well-documented investment policy statement to help clients achieve stated goals
• On an ongoing basis initiate and execute trades to ensure consistent alignment with client's goals and risk tolerance and Investment Policy Committee recommendations.
• Perform investment research as needed; review daily transactions reports for possible investment actions.

Relationship Management and Client Service:

• Serve as a client contact along with the Relationship Manager and/or Wealth Advisor, ensuring that firm client contact standards are met with every decision maker in a client relationship.
• In collaboration with the service team, contribute to the formulation and delivery of asset sufficiency and basic Wealth View/Goals-Based Wealth reports.
• Actively participate in client meetings and provide expertise on investment-related issues.
• Serve as integral member of client service team and assist in client onboarding.
• Respond to client inquiries and initiate and coordinate communication with clients when appropriate.
• Work closely with other professionals on the client relationship team and across the firm to ensure that clients benefit from the firm's best thinking across relevant wealth management practice areas.
• Identify financial and non-financial considerations to integrate…