Associate II, Portfolio Manager

At FNBO, our employees are the heart of our story—and we’re committed to their success! Please see below the details of this career opportunity and how it fits into our organization’s success. Summary of the Job The Associate II, Portfolio Management supports the investment team through trade execution, client relationship management, research activities, and comprehensive reporting across equity and fixed income portfolios. This role includes discretionary investment authority for assigned accounts with expectations for expanded responsibilities throughout the year. The position balances investment professional responsibilities of client management, trading, and research with operational support functions. About This Role This role includes clear expectations for expanding responsibilities including: Increased account management responsibilities Enhanced analytical and presentation duties Greater involvement in Investment Committee processes Expanded client-facing activities Potential shift in time allocation toward investment professional activities as operational efficiency improves Portfolio Management & Investment Discretion Manage investment accounts with trading authority within established guidelines and risk parameters. Trade Execution & Operations Execute equity and fixed income trades with accuracy and timeliness. Troubleshoot and resolve operations and systems issues across multiple platforms (Axys, Moxy, Genesis, Black Diamond, etc.). Maintain operational efficiency and system integrity. Client Relationship Management Manage a small portfolio of client relationships. Communicate investment information and updates directly with clients. Generate monthly performance reports, style tilts, look-throughs, and USCCB compliance checks. Produce quarterly performance reports for assigned clients. Support client communication and service needs. Research, Analysis & Presentation Conduct ongoing research for the Tower Select strategy. Analyze investment opportunities and market trends, presenting findings to the investment team. Expected to expand analytical and presentation responsibilities throughout the year. Prepare information and materials for the formal CCB Investment Committee. Prepare weekly bond purchase reports for Portfolio Managers detailing purchases from the previous 7 days. Generate ad-hoc reports as requested by the investment team. Maintain and update the monthly Guidance List. Performance Reporting & Analytics Monthly: Run fund performance spreadsheets analyzing ETFs and Mutual Funds on the guidance list and distribute to Portfolio Managers. Monthly: Prepare and distribute fact sheets. Quarterly: Compile strategy trades for the preceding quarter. Quarterly: Update the economic review for Portfolio Manager use in client presentations. Quarterly: Generate Firm Wide Assets report with detailed breakdowns by Portfolio Manager across various categories, including alternative exposure and duration analysis. Investment Committee Support Prepare materials and information for the CCB Investment Committee. Provide data, analysis, and insights to support Investment Committee decision-making. Document and communicate Investment Committee guidance as needed. Documentation & Communication Maintain accurate records of all trading activity, investment decisions, and client interactions. Support Portfolio Managers with presentation materials and client-facing documentation. Ensure timely distribution of reports and updates to stakeholders. Investment Professional Activities (40-50%) Portfolio management and discretionary trading Client relationship management and communication Investment research and analysis Operational Support Activities (50-60%) Systems and operations support Report generation and distribution Data management and analytics Technical Knowledge Strong understanding of equity and fixed income securities, including valuation principles and market dynamics Working knowledge of portfolio management concepts including asset allocation, diversification, and risk management Familiarity with performance measurement and attribution analysis Understanding of investment strategies including ETFs, mutual funds, and individual securities Knowledge of regulatory and compliance requirements affecting investment management Systems & Technical Skills Proficiency with portfolio management systems (experience with Axys, Moxy, Genesis, Black Diamond, or similar platforms preferred) Advanced Microsoft Excel skills including financial modeling, data analysis, and report automation Competency with Microsoft Office Suite (Word, PowerPoint, Outlook) Ability to quickly learn and adapt to new systems and technology platforms Strong data management and analytical capabilities Professional Skills Analytical Skills: Ability to analyze complex financial data, identify trends, and draw actionable conclusions Attention to Detail: High degree of accuracy in trade execution, reporting, and data management Communication: Strong written and verbal communication skills for client interactions and presenting findings Decision-Making: Sound judgment and ability to exercise discretion within established investment guidelines Time Management: Ability to manage multiple priorities, meet deadlines, and balance competing demands Problem-Solving: Resourcefulness in troubleshooting operational and systems issues Collaboration: Ability to work effectively with Portfolio Managers, operations teams, and clients Professional Presence: Confidence and professionalism in client-facing situations and team presentations Ideal Candidate for This Role Education Bachelor's degree in Finance, Economics, Business Administration, or related field required. CFA Level I candidate or progress toward CFA designation preferred. Experience 1-3 years of experience in investment management, portfolio operations, or related financial services role. Demonstrated experience with trade execution in equity and/or fixed income markets. Prior exposure to client relationship management or client service in a professional setting. Experience working with portfolio management or trading systems. Personal Attributes Self-motivated with ability to work independently. Strong work ethic and commitment to excellence. Continuous learner with desire to expand investment knowledge and capabilities. Ethical approach to investment management and client service. Adaptable to changing priorities and growing responsibilities. Eligibility Candidates must possess unrestricted work authorization and not require future sponsorship. Compensation Compensation range (base pay): $69,616.00-$114,867.00. This role may have a specific starting pay within this range. Final compensation offer to candidate may vary from posted hiring range based upon work experience, education, and/or skill level. Work Environment It is anticipated that the incumbent in this role will work onsite at the posted location. Our onsite environment fosters innovation, mentorship, and a vibrant culture where ideas flow freely and relationships flourish. As part of our team, you'll experience the energy of our collaborative spaces designed to support your professional growth while working alongside talented colleagues who inspire excellence daily. Please note that work location is subject to change based on business needs. Benefits Overview Medical, Dental, Vision Insurance 401k, With Matching Contributions Time Off Programs Health Savings Account (HSA)/Dependent Care Employee Banking Growth Opportunities Tuition Assistance Short-Term/Long-Term Disability Insurance Learn more about FNBO benefits here: Equal Opportunity & Belonging FNBO believes that the quality of our employee experience is at the heart of our customer experience. One key pillar of our intended employee experience is Belonging. Belonging means we are committed to fostering a workplace culture where employees of all backgrounds feel valued, recognized, and empowered to be their authentic selves - no matter their role or where they are in their journey. Learn more here. FNBO is an equal opportunity employer for all employees and applicants and makes employment decisions without regard to status or identity. FNBO (First National Bank of Omaha) Beliefs FNBO (First National Bank of Omaha) believes that a bank should be a force for good in the world; to positively influence the lives of our employees, customers and the success of the communities we serve. Whether you're just beginning your career or taking it to the next level, you'll find your fit here. Grow Your Career with FNBO! For 170 years, our holding company - First National of Nebraska (FNNI) - has grown to more than 4,500 employees with locations in nine states and $35 billion in assets. We are proud to serve our customers and communities with banking offices located in Nebraska, Colorado, Illinois, Iowa, Kansas, Missouri, South Dakota, Texas and Wyoming. Bilingual Careers Internships & Trainee Program FNBO believes that the quality of our employee experience is at the heart of our customer experience. One key pillar of our intended employee experience is Belonging. Belonging means we are committed to fostering a workplace culture where employees of all backgrounds feel valued, recognized, and empowered to be their authentic selves - no matter their role or where they are in their journey. FNBO is an equal opportunity employer for all employees and applicants and makes employment decisions without regard to status or identity. Accessibility FNBO endeavors to make our site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact HR Solution One via either email or phone using the contact information below. Online (Primary Response Hours: M-F, 8a-5p Central) View email address on click.appcast.io Phone (Available: M-F, 10a-2p; Central) (855) 470-3777 (402) 602-3777 Application Deadline All our jobs will be posted for a minimum of 5 calendar days. Job postings may come down prior to 5 calendar days based on volume of applicants. #J-18808-Ljbffr First National Bank of Omaha