VP Portfolio Manager (Finance)
Location: Sioux Falls, SD
Shift: M-F 8am-5pm
Job Status: Full-Time
Company: First PREMIER Bank
About the Role
Manages investment portfolios on behalf of individuals, business entities, foundations, endowments, and trusts, in accordance with each client's investment policy and the guidelines of the Wealth Management department. Combines portfolio oversight with client relationship development, investment strategy development and implementation, investment research, and regulatory compliance.
Job Duties and Responsibilities
- Regularly reviews investment portfolios to ensure alignment with client objectives, risk tolerance, and investment preferences. Applies discretion to adjust holdings and rebalances as needed to maintain compliance and performance.
- Analyzes macroeconomic data, collaborates with investment committees, and leverages financial modeling tools to develop and implement long-term investment strategies tailored to client goals and market conditions.
- Executes diversified investment plans across multiple asset classes, such as stocks, bonds, mutual funds, etc., to manage risk and optimize returns. Applies asset allocation models, monitors market movements, and uses rebalancing tools to maintain diversification.
- Uses financial databases and reads industry reports to conduct targeted research on market sectors to support investment decisions. Prepares research summaries and recommendations for internal review.
- Builds trusted relationships through client meetings, providing tailored investment advice, responding to inquiries with an excellent level of customer service, and participating in local events and volunteer activities.
- Tracks portfolio and model performance against benchmarks using performance analytic tools. Identifies trends and opportunities to prepare summary reports and discusses results in team meetings or client presentations.
- Conducts scenario analysis and monitors market volatility to identify and mitigate risks, ensuring portfolio stability and resiliency. Escalates concerns to risk committees with supporting rationale.
- Ensures all investment activities meet fiduciary and regulatory standards. Completes required reviews and documentation to maintain compliance. Performs annual Reg 9 reviews, monthly asset reviews, and uses compliance checklists and audit tools to track obligations.
Skills and Qualifications
- Interprets, evaluates, and synthesizes complex information using logical reasoning and numerical analysis.
- Clearly and effectively conveys information and ideas through verbal, written, and non-verbal methods.
- Builds and maintains positive relationships through working well with others, managing conflict constructively, and demonstrating emotional intelligence in social and professional settings.
- Accurately manages information, tasks, and processes with precision and consistency. Maintains structured workflows and ensures that nothing is overlooked in complex or high-stakes environments.
- Assesses situations, identifies challenges, and develops effective solutions using critical thinking and sound judgment. Evaluates options, anticipates outcomes, and makes timely, well-informed decisions.
- A bachelor's or master's degree in Finance, Economics, Business Administration, or a related field is preferred.
- Professional designations such as Certified Financial Planner™ (CFP®) or Chartered Financial Analyst (CFA) are preferred.
- A minimum of 7 years of relevant experience in investment management, financial markets, portfolio management, or a related discipline is preferred.
Competitive Benefits Package
- Full medical benefits when working 20+ hours per week
- Traditional and High-Deductible health plan options available
- FREE dental and vision coverage
- Generous Paid Time Off plans
- 401(k) – dollar-for-dollar match up to 5% of total compensation
- Special discounts and offers for events at the Denny Sanford PREMIER Center
- PREMIER Wellness Program
- Paid Community Volunteer Hours – PREMIER averages 30,000 hours per year
- Fun Employee Parties
Our Culture
- Emphasis on personal success, respect, health, wellness, fun and giving back
- Employees are rewarded, valued, and celebrated for hard work
- Various Career advancement opportunities and growth
- Appreciation is shown through concerts, outdoor bashes, cash, car giveaways and more
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
