Private Bank Investment Manager

Responsibilities

• Manage client portfolios, primarily municipal bonds
• Lead portfolio research and scenario testing efforts for the team.
• Create and distribute expected returns, performance and scenario results to the Investment Team and when requested, clients.
• Contribute to portfolio and capital markets research.
• Develop materials for and lead Investment Strategy meetings when necessary.
• Develop customized investment strategies and portfolios to meet client objectives consistent with the firm’s investment process.
• Manage one or more discretionary strategies for clients.
• Monitor market conditions and make portfolio recommendations following PB’s 4Rs process.
• Direct and monitor projects and activities of Associates and Analysts assigned the investment team.
• Work with outside managers, vendors and custodians to ensure a seamless investing experience for clients.
• Monitor economic and market indicators to build and update scenarios for our expected returns process.
• Contribute to portfolio performance by performing research and creating recommendations for position and/or allocation changes.

Qualifications

• Required: Bachelor’s degree in finance, economics, accounting or related field
• Preferred: Certification such as CFA, CAIA or substantial progress toward certification
• 5+ years direct experience in municipal bond management and credits
• Experience through one or more investment cycles
• Understanding of regulatory, legal, and operational requirements for discretionary investment portfolios and fiduciary responsibilities.
• Understanding of capital markets, strategy, portfolio and asset allocation
• Ability to collaborate with and positively influence team members
• Strong communications skills and experience creating and delivering presentations and written materials

The duties listed above are the essential functions, or fundamental duties within the job classification.  The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.