Managing Director Portfolio Managerjob Id2025 - 0020978locationminneapolis, MN, United Statesposting Start Date08/28/2025anticipated Posting End Date09/12/2025job Typefull Timejob Available In 2 Categories.sales & Relationship Managementexecutive

Managing Director Portfolio Manager

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Lead a high-performing team of Portfolio Managers serving high-net-worth and ultra-high-net-worth individuals, trusts, endowments, and foundations. This role combines strategic leadership, investment oversight, and client relationship management to drive growth and ensure excellence in portfolio performance and compliance.

Key Responsibilities

• Team Leadership & Growth
  • Manage a team of Portfolio Managers investing client assets in alignment with company and client objectives.
  • Drive market growth through dynamic leadership and accountability.
  • Inspire employees and clients with exceptional communication skills.
  • Oversee a limited number of direct client relationships.
• Client Relationship Management
  • Focus on expanding existing relationships, minimizing attrition, and developing new business.
  • Counsel clients on complex traditional and alternative investments.
  • Implement investment strategies through customized trading activity.
• Investment Oversight
  • Develop and implement investment policies and strategies.
  • Stay informed on market developments using fundamental and technical research.
  • Present investment insights to clients and prospects in group settings.
• Compliance & Ethics
  • Ensure adherence to U.S. Bank Code of Ethics, AML, BSA, and information security policies.
  • Follow account opening procedures and internal suspicious activity referral processes.
  • Participate in required corporate and business line training.

Accountabilities

• Lead PWM investment personnel across Minnesota.
• Partner with market discipline leaders to align with regional and national goals.
• Manage complex and high-value investment accounts.
• Direct execution of investment programs across client portfolios.
• Identify, hire, and develop top investment talent.
• Serve as a regional investment leader within the Midwest.

Basic Qualifications

• 12+ years of investment management experience.
• BA/MBA in finance, accounting, or related field.
• CFP® or CFA designation (or progress toward).
• Excellent verbal and written communication skills.
• Strong analytical, decision-making, and problem-solving abilities.
• Proven leadership experience with a focus on team growth.

Preferred Skills & Experience

• Deep understanding of investment management.
• Strong knowledge of finance, economics, and business.
• Exceptional sales, relationship management, and client service skills.
• Ability to present investment strategies effectively.
• Independent decision-making capability.
• Excellent interpersonal and communication skills.