National Portfolio Manager

National Portfolio Manager

Requisition ID: 264044

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. As a Portfolio Manager, National Team, you will provide discretionary portfolio management services to higher net worth MD clients nationally in a hybrid environment and reports to the Director, MDPIC Practice Leadership & Advice. This position partners closely with MD Financial Consultants (FC) to foster, maintain and strengthen client relationships. The position contributes to the overall success of the MD business line ensuring specific individual goals, plans, initiatives are executed and delivered in support of the team’s business strategies and objectives. The PM ensures all activities conducted are in compliance with governing regulations, internal policies and procedures. Is this role right for you?

In this role, you will:

• Be accountable for client discovery, development of the Investment Policy Statements (IPS), portfolio modelling and investment compliance with the client’s IPS
• Contact is initiated by the client, Financial Consultant or the PM and can be facilitated through voice and web channels by the PM. Depending on the service and contact model requirements, client contact with the PM will be through telephone, email and web conferencing (i.e., Teams Meetings).
• At least one formal investment review will occur annually with the FC, the client & the PM (virtually).
• Be licensed nationally and supports a team of advisors in your assigned region as the Portfolio Manager for assigned PIC clients, providing discretionary investment management while partnering with the FC
• Transactional and execution-focused in relation to investment discussion, compliance and regulatory obligations and advisor-led client meetings.
• Assess client objectives and risk tolerance, calibrate investment solutions based on client input and cues, develop and implement appropriate written Investment Policy Statement; this includes gathering client personal information, determining asset allocation and identifying special needs and liquidity requirements
• Conduct ongoing client reviews include discussion of portfolio performance, periodic reviews of appropriateness of objectives and of tax situation and cash flow needs
• Analyze securities for transfer in-kind due to capital gain/loss reasons, analyze segregated stocks and bonds to determine classification, suitability, and eventual disposition/tranching-in strategies, review credit quality and duration of fixed income investments, analyze industry, sector and country allocation as it pertains to equity investments
• Communicate and explain to clients the individual fund manager's strategy; this