Trust Portfolio Manager

Located in Medford, OR

Salary: DOE

The Trust Portfolio Manager supports trust and fiduciary accounts by coordinating portfolio operations, cash management, and investment-related services in partnership with the firm's external Registered Investment Advisor (RIA). This position serves as the primary Trust department resource for portfolio implementation, liquidity planning, investment-related client education, and operational issue resolution while ensuring compliance with fiduciary standards, governing documents, and bank policies.

This role does not involve discretionary investment management or the creation of investment models or strategies.

Job Qualifications

Education: Bachelor's degree in Finance, Accounting, Economics, Business, or a related field, or equivalent education and experience.

Experience: Minimum of 5 years of experience in trust administration, wealth management operations, portfolio administration, trading support, or related financial services.

Certification: Certified Financial Planner (CFP) preferred.

Essential Duties and Responsibilities

• Coordinate cash management and liquidity needs for trust distributions, taxes, fees, and other account obligations.

• Work with Trust Officers and the external RIA to facilitate cash raises, trade execution, settlement, and reinvestment activities.

• Review and coordinate authorized trades, in-kind transfers, asset exchanges, and tax-loss harvesting opportunities in accordance with account restrictions and approvals.

• Monitor CD and bond maturities, interest payments, and other investment cash flows.

• Coordinate corporate actions, proxy voting, and related documentation within established deadlines.

• Investigate and resolve trade errors, settlement issues, cash deficits, and other portfolio-related exceptions.

• Serve as the primary Trust department contact for brokers, custodians, and external investment partners regarding portfolio operations.

• Support account onboarding, investment objective documentation, risk profiling, model selection, and investment transitions.

• Communicate account restrictions, distribution requirements, tax considerations, and other relevant information to the external RIA.

• Assist Trust Officers with investment reporting, performance information, client reviews, and portfolio-related questions.

• Provide clients with general investment education using approved materials and refer investment advice questions to the external RIA.

• Maintain accurate records of transactions, approvals, client communications, and portfolio-related activities.

• Support internal audits, regulatory examinations, and compliance requirements.

• Follow all applicable Bank, Federal, and State banking regulations, fiduciary standards, and internal policies.

• Perform additional duties as needed to support Trust department operations.

Required Skills and Abilities

• Strong customer service, communication, and interpersonal skills.

• Excellent organizational skills, attention to detail, and follow-through.

• Strong analytical, problem-solving, and decision-making abilities.

• Ability to work independently and collaborate with internal departments and external partners.

• Knowledge of trust administration, investment operations, fiduciary responsibilities, and regulatory requirements.

• Familiarity with trading operations, corporate actions, proxy voting, and fixed-income investments.

• Understanding of cash flow forecasting, tax-sensitive investing, capital gains, and trust accounting principles.

• Ability to recognize issues, exercise sound judgment, and escalate matters appropriately.

• Ability to maintain confidentiality and comply with privacy and information security requirements.

• Understanding of investment authority limitations and the responsibilities delegated to the external RIA.

Reporting Relationships

Reports to the Director of Trust and Wealth Management and works closely with Trust Officers, Trust Operations, external investment advisors, brokers, custodians, and clients.

Core Behaviors

• Integrity: Demonstrate honesty, professionalism, and compassion.

• Work Ethic: Provide dependable service and consistently meet client needs.

• Teamwork: Collaborate effectively and contribute to shared goals.

• Communication: Maintain clear, timely, and professional communication.

• Problem Solving: Take initiative, identify solutions, and accept responsibility.

• Continuous Learning: Pursue professional development and improvement.

• Community Involvement: Support the Bank's commitment to the communities it serves.

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