Job Description

About Us

Rembert Pendleton Jackson offers a wide range of investment advisory services to individual and institutional investors. Based in Vienna, Virginia, the firm has been serving individual clients from around the nation’s capital and in over 45 states since 1974 and serving non-profit organizations since 1994. Collectively, the principals have over 210 years of experience in providing these services. We operate as SSB Wealth Management Inc., dba Rembert Pendleton Jackson, a wholly owned subsidiary of Sandy Spring Bank.

To help us attract the highest quality individuals, we offer a comprehensive benefits package to those who qualify. We offer competitive market salaries, paid time off, multiple retirement savings options, full health care options, life insurance, health care and dependent care flexible spending accounts, career development opportunities, tuition assistance and volunteer opportunities. We are proud to offer those, and so much more, making Sandy Spring Bank a remarkable place to work and build a career.

About The Job

The Director of Investments (DOI) reports to the Chief Executive Officer and serves to manage the monitoring and tracking of all approved investments at Rembert Pendleton Jackson (RPJ). This role is primarily focused on providing detailed updates on existing investments, but also includes the vetting of potential new opportunities. The DOI will head our internal Investment Committee meetings, conducted quarterly. Responsibilities will range from client communications with economic updates to screening new funds, providers, and asset classes. A deep knowledge of investments is required. The DOI will ultimately serve as an expert advisor on all investment matters. Additionally, Director of Investments will manage all RPJ institutional clients.

Major Job Accountabilities

• Track all investments on current approved investment list, including changes in management, investment style, performance, share classes, or price
• Research and identify prospective investment opportunities to align with RPJ’s current investment philosophy, including due diligence review
• Review and share relevant economic or fund updates from fund managers and other sources with staff
• Advise Relationship Managers on portfolio construction and asset allocation
• Provide periodic analysis of performance and risk characteristics of various allocation weighting scenarios
• Craft Quarterly Newsletter describing market trends and our approach to asset management
• Maintain internal portfolio construction worksheet (excel-based with formulas)
• Ensure all investments in portfolio reporting software (Tamarac) are properly labeled by asset class and asset sector
• Maintain relationships with existing investment managers and mutual fund wholesalers by coordinating regular meetings for entire staff to provide updates on strategies
• Lead Investment Committee (IC) meetings to update staff on approved investment rankings or changes
• Maintain accurate IC meeting minutes and backup information for compliance review
• Be available for client meetings to discuss intricacies of existing securities in portfolios on an as-needed basis
• Conduct research on prospect’s portfolios, offering comparison to proposed RPJ portfolios including typical investment research and metrics (alpha, cost, allocation, etc.)
• Provide on-demand and proactive client communications during market fluctuations
• General familiarity with the day-to-day economic landscape
• Institutional clients:
• Develop Investment Policy Statement (IPS) and present to Non-Profit board members
• Manage assets and cash flow for Non-Profit portfolios, adhering to IPS
• Deliver quarterly reports to applicable board members

Required Skills

• BS or BA in business, finance, economics, mathematics, statistics, or a related field
• MBA and/or completion of the CFA curriculum strongly recommended
• Strong analytical skills and proficiency with Excel, PowerPoint, and Morningstar
• Fundamental understanding of financial markets, products, and services and experience analyzing investments
• Excellent interpersonal, written, and oral communication skills with the ability to explain complex financial and technical information in an understandable manner to individuals and groups
• High integrity, strong work ethic, team orientation, and genuine intellectual curiosity a must
• More than 10 years of professional experience, including asset allocation and manager selection in a multi-asset class portfolio

Specific Physical Requirements

Work requires reasonable mobility in and around the work area. Ability to use standard computer and phone systems is required

Working Conditions

Normal office environment where there is almost no discomfort due to temperature, dust, noise, or other disagreeable elements.

Work includes little or no potential exposure to hazardous conditions.

Must be able to travel to remote company and/or client locations.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

Compensation Information

At Sandy Spring Bank, compensation is one part of our total rewards package. Compensation within the range will depend on your skills, qualifications, education, experience, and location. Additionally, full-time and part-time positions may be eligible to participate in department or company-wide incentive plans.

Salary Range

USD $150,000.00 - USD $225,000.00 /Yr.

Additional Information

Sandy Spring Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

If you require a reasonable accommodation to apply for a position, please call our job line at 1-800-399-5919 and select option 5. Requests are considered on a case-by-case basis.

Sandy Spring Bank partners with various job boards to advertise our openings. Please visit our website, to confirm the validity of the job posting to avoid any potential fraudulent activity. We encourage and recommend all candidates to apply via our website.

Normal office environment where there is almost no discomfort due to temperature, dust, noise, or other disagreeable elements.

Work includes little or no potential exposure to hazardous conditions.

Must be able to travel to remote company and/or client locations.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

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