Portfolio Manager at MacTay Consulting

Job Summary: To act independently within established investment policy guidelines to develop, recommend, and execute investment programs designed to achieve the objectives of large and complex client accounts.

Job responsibilities:

• Develop new sources of asset management revenue through frequent contact, usually for portfolios/relationships of a substantial size and complexity.
• Build client relationships to develop investment objectives and implement a suitable investment plan and maintain an investment policy statement for each relationship.
• Working with client advisors, participate in the development of new business opportunities by meeting with prospects, preparing and presenting proposals for investment management.
• Interpret the intentions of any trust or agency agreement and build an investment policy to accomplish those objectives.
• Invest assets according to investment policy guidelines to deliver a competitive rate of return within the given level of risk.
• Regularly engage with other members of the Wealth Management Team and external advisors to ensure effective communication regarding client objectives and coordinate portfolio changes.
• Maintain awareness of new investment strategies, techniques and products through regular contact with other industry professionals and through internal and external research.
• Keep informed of market trends and analyze the effect of these trends on clients investment portfolios.
• Keep current on the legal and tax issues with respect to investment decisions by consulting attorneys, accountants and other resources as needed.
• Follow established investment policies and procedures including annual account reviews and working to minimize and/or document exceptions.

Job requirements:

• Bachelor’s Degree in Accounting or Finance or any related field
• Advanced degree such as an MBA or CFA will be an added advantage.
• 3 to 6 years of experience involving money management, including investment decision-making.