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BNY · 7 hours ago

Vice President, IWM Portfolio Management - Specialty Assets

Philadelphia, PA

Full-time

Onsite

Mid Level

3+ years exp

BNY is a leading global financial services company that influences nearly 20% of the world’s investible assets. They are seeking a Vice President for IWM Portfolio Management - Specialty Assets to administer a diverse portfolio of complex specialty assets and ensure compliance with regulations while collaborating with various stakeholders to meet client objectives.

Financial Services

Responsibilities

Administer a diverse, nationwide portfolio of complex specialty assets held in fiduciary accounts, including commercial and residential real estate, mineral interests, tangible assets, and mortgage-related assets

Ensure full compliance with Office of the Comptroller of the Currency (OCC) regulations and BNY policy guidelines, applying disciplined, asset-specific strategies grounded in specialty asset management policies and procedures. Proactively identify and mitigate risks; ensure operational controls and procedures are consistently applied

Collaborate with clients, trust counsel, third-party affiliates, and internal partners, Wealth Managers, Investment Managers, Legal, and Risk & Compliance, to deliver coordinated, high-quality outcomes

Meet with high-net-worth clients to understand their asset strategies and real estate investment objectives, risk tolerance, and long-term goals. Discuss current market conditions; implement investment strategies for complex assets aligned with client goals, risk tolerance, policies, and applicable regulations

Contribute to firm profitability through retention and expansion of existing client relationships

Portfolio Administration: Lead end-to-end management of specialty assets, including due diligence including annual inspections, Regulation 9 and capital improvement project oversight, valuation monitoring, performance management, documentation, and execution of asset strategies

Client & Stakeholder Engagement: Present clear, actionable recommendations; translate complex asset considerations into client-friendly insights; coordinate with internal and external stakeholders to resolve issues and advance objectives

Investment Strategy Execution: Implement strategies consistent with investment policies and philosophies; monitor market trends and asset-level dynamics; adjust tactics to support client objectives within regulatory frameworks

Growth & Retention: Strengthen relationships, increase share of wallet, and support new business development by delivering trusted advice and responsive service

Qualification

MBACFAPortfolio ManagementSpecialty Assets ManagementOCC RegulationsAnalytical SkillsResearch SkillsCommunication SkillsOrganizational Skills

Required

Bachelor's degree or the equivalent combination of education and experience is required

3-5 years prior financial/investment experience

Strong analytical and research skills related to portfolio management

Experience working with domestic and international investment portfolios

No direct people leadership responsibilities

Experience managing specialty assets within fiduciary, trust, or wealth management environments; knowledge of real estate, mineral interests, tangible assets, and mortgage-related assets

Strong understanding of OCC regulations, fiduciary standards, and internal policy frameworks

Excellent analytical, research, communication, and organizational skills; ability to manage complex, multi-party engagements