Portfolio Manager I (PCS)

Fifth Third Bank - Cincinnati, OH

Full-time - Entry Level

Cincinnati, OH

1,001-5,000 employees

Credit Intermediation and Related Activities

About the position

The Portfolio Manager I at Fifth Third Bank is responsible for managing investment programs for a significant volume of client accounts while ensuring an exceptional client experience. This role involves investment management, client service, and supporting new business efforts, primarily through phone and email interactions. The Portfolio Manager will work within established investment policy guidelines and collaborate with senior managers on larger accounts, focusing on risk management and client satisfaction.

Responsibilities

• Develop satisfied clients and new sources of asset management revenue through frequent contact of relationships, generally of low to medium complexity and size.
• Work with client advisors and participate in One Bank activities, including One Bank meetings, pre-call planning, and post-call follow-up to win new business opportunities.
• Consult with clients and advisors to develop investment objectives and implement a suitable investment plan, maintaining an Investment Policy Statement for each client relationship.
• Meet with prospects and clients, preparing and presenting proposals for investment management.
• Invest assets according to investment policy guidelines to deliver a competitive rate of return within the given level of risk and best interest of the client.
• 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 client's investment portfolios.
• Follow established investment policies and procedures including annual account reviews and working to minimize and/or document exceptions.

Requirements

• Bachelor's degree required, preferably in Finance, Accounting, Economics, or Business Administration.
• Three or more years of experience involving money management, investment research, or financial services experience.
• Strong interpersonal, written and verbal communication skills, and presentation skills.
• Problem-solving and analytical skills.
• Proficient in the use of Microsoft Office software including Word, Excel, and PowerPoint.