Cincinnati, OH, 45217, USA
51 days ago
Director of Portfolio Solutions, Private Bank
Description The Director of Portfolio Solutions is responsible for overseeing Huntington’s + external separately managed account (SMA) program with an approved third-party vendor, + external illiquid outside manager (Alternatives) program with an approved third-party vendor. + external derivatives program + Due Diligence Activities + Procedure 7 – Options Trading + Procedure 17 – Separately Managed Accounts or Illiquid Due Diligence + Comply with both stated procedures: + Assist with implementation and maintenance of programs in client accounts. + Participate in investment reviews, as needed + Assist in the Due Diligence Questionnaire process for existing or new third-party approved vendors. + Work with and oversee relationships with current approved third-party vendors – Integrated Capital Research (ICR) and Great Lakes Alternative Strategies (GLAS). + Participate in Procedure 22 – Non-Diligence of Non Coverage Sub Advisor meetings, as needed + Coordinate all research and implementation of outside SMAs and/or Alternatives Investments with current approved third-party vendors Integrated Capital Research (ICR) and Great Lakes Alternative Strategies (GLAS). + Understand Separately Managed Accounts as a category, and their potential use in client accounts. + Understand Alternative Investments as a category, and their potential use in client accounts. + Work with Chief Investment Office to potentially develop Alternative Investment allocations to accounts. + Understand industry best practices and assist in the refinement of Huntington’s Procedures. + Ensure accounting for Alternative is accurate in all client accounts. + Participate in due diligence/round table events with the Chief investment Office. + Other duties as assigned for client benefit. + Support the Investment Portfolio Managers (PM’s) and/or Advisors as a subject matter expert and implementation of Alternative Investment Strategies, where appropriate, in client accounts. + Participate in existing and prospective client meetings with PM’s or Advisors: + Review specific account issues/intent. + Overall assistance and required paperwork needs for new or existing business opportunities. + Oversee potential changes to approved third-party vendors. + Coordinate additional resources, as needed. + Assist in the RFP, as needed: + Review RFP submissions with Alternative Investments involved. + Participate in finals presentations, as needed. + Represent the SMA’s, Alternatives or other High Net Worth investment solutions with Investment Policy Committee. + Understand Huntington’s allowed use of derivatives (Procedure 7) and implement/coordinate account needs surrounding SMAs or Alternative Investments (Procedure 17) with PM’s and Advisors. Outside Manager Team staffing, assignments, administration and leadership, including a potential Analyst. Required Qualifications:• A minimum of 10-years of investment management and/or alternative investmentsPreferred Qualifications:• Management experience in a portfolio management capacity. Professional designations preferred (CFA, CAIA), but not required. Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay) Yes Workplace Type: Office Our Approach to Office Workplace Type Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team. Huntington is an Equal Opportunity Employer. Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details. Note to Agency Recruiters: Huntington Bank will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington Bank colleagues, directly or indirectly, will be considered Huntington Bank property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.
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