Associate Investment Officer
Job Details
Full Time
4 Year Degree
Day
Associate Investment Officer

         Provides comprehensive and disciplined portfolio management services to wealth management clientele and supports Trust Investment Officer.

ACCOUNTABILITIES:

Portfolio Management:                                  

  • Develops account investment policies/objectives.

  • Initiates trades.

  • Monitors account performance/tolerances.

  • Periodically reviews investment performance/objectives with account officers and clients.

  • Coordinates and executes the daily mutual fund, stock and bond trading.

  • Assists in monthly portfolio review and follow-up process to ensure compliance with all applicable regulations, policies, procedures as well as Investment Policy Statement of each account.

  • Maintain soft dollar accounts.

  • Monitor maturing bonds.

  • Execute Portfolio realignment strategies as directed.

  • Monitors directed trades and authorizations.

Account Administration:    

  • Meets with clients as requested by Wealth Advisors/Trust Officers and approved by SVP Investment Officer to support investment story. 

  • Provides support for accounts maintained by SVP Investment Officer.

Committee Oversight:           

  • Participates in Committees as directed.

  • Assists in preparation of Committee packages.

Liaison with Trust Operations Solutions Banks: 

  • Supports Investment Officer in serving as liaison with Operations Solutions banks.

  • Assists with consultation with Trust Operations Solutions Banks, Trust Officers and Wealth Advisors.

  • Assists in management of select Trust Operations Solutions Bank client accounts.

Compliance:              

  • Abides by current laws and organizational policies and procedures.

  • Maintains investments according to the Uniform Prudent Investor Act.

Other Duties:   

  • Assists with preparation of economic updates and other investment-oriented marketing/educational materials.

  • Assists with business development as requested.

  • Maintains client confidence and protects operations by keeping information confidential.

  • Prepares activity and status reports regarding prospects and business development activities.

  • Delegates effectively to administrative assistant staff.

  • Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.

  • Contributes to team effort by accomplishing related results as needed.

  • Participates in civic and community activities to generate visibility and contact for the company.

  • Attends mandatory compliance and security sessions.  Monitors daily work for adherence to compliance and security regulations, policies/procedures, and promptly corrects any deficiencies.

  • Performs tasks that are supportive in nature to the essential functions of the Investment Officer including special projects as assigned.

 

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        PHYSICAL AND MENTAL DEMANDS:

         Position accountabilities are typically performed while sitting for most of the day.  The physical and mental demands of this position are representative of those that must be met     by an employee to successfully perform the essential position accountabilities.  Reasonable accommodations may be made to enable individuals with disabilities to perform                 the essential position and accountabilities.  First Citizens reserves the right to review each requested accommodation and determine if it poses an undue hardship             .

            

       KNOWLEDGE, SKILLS AND ABILITIES:

  • Bachelor’s degree required - Business/Finance/Economics (preferred).
    • Excellent written and oral communication skills.
    • Proficient in Microsoft Office suite
    • Basic understanding of investment and economic fundamentals.
    • Preferably some related work experience in a trust department, investment firm, brokerage firm, community bank, financial services company, or other professional environment.

Skill in performing basic mathematical principals in account transactions

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