Find Jobs
Find Jobs Near You – Available Work in Your Location
Manager, Closely Held Assets
Career Insights for Investment / Portfolio Analyst
See where this job fits in the broader career landscape. Knowing your career path helps you see what's possible from here.
Scorecard
Based on Illinois data
Review key factors to help you decide if this role fits your goals. How is this calculated?
What they do
An Investment or Portfolio Analyst advises individuals and companies about investments. Typically works with a collection of investments called a portfolio, though can also advise clients about individual investments. Studies trends that impact investments and writes reports regarding economic and business changes and activities that affect the value of investments. Can also be involved in the selling of investments, such as stocks. Works mainly in investment firms, though can also be employed in lending institutions, corporate finance departments, banks or insurance companies.
$86,382 / year median in Illinois
-4% projected decline
Job Description
ABOUT THE ROLE
The Manager, Closely Held Assets supports the management and oversight of closely held and other nonmarketable assets held within fiduciary structures, including trusts, estates, and foundations. This role focuses on executing day-to-day portfolio management activities while ensuring adherence to fiduciary, regulatory, and risk standards. The Manager is responsible for evaluating, monitoring, and administering a portfolio of low- to moderate-complexity closely held assets, including minority interests in limited partnerships (LPs), limited liability companies (LLCs), and privately held corporations.
YOUR RESPONSIBILITIES
The responsibilities for this role are below; you may support projects of varying complexity based on skill and organizational priorities.Portfolio Management & Administration:
Manage a portfolio of closely held business interests, supporting investment reviews, valuations, and ongoing monitoring activities.Financial Analysis:
Analyze financial statements, company performance, and industry trends to assist in assessing risk and determining asset value.Corporate Actions & Transactions:
Support the evaluation and execution of corporate actions, including proxy votes, reorganizations, and asset sale transactions.Client & Advisor Engagement:
Communicate with clients, trust officers, and professional advisors regarding asset performance and administrative updates.Risk & Fiduciary Compliance:
Ensure adherence to governing documents, fiduciary standards, and regulatory requirements; escalate risks or issues as appropriate.Operational Execution:
Coordinate documentation, tracking, and reporting related to asset activities, ensuring accuracy and timeliness.Cross-Functional Collaboration:
Partner with internal teams including risk, legal, tax, and operations to support asset management and issue resolution.Other Duties:
Perform other duties as assigned, adapting to evolving business needs and priorities.MINIMUM REQUIREMENTS
Bachelor's degree in Finance, Accounting, or a related field, or equivalent work experience. Minimum of 5 years of relevant work experience in commercial credit, business analysis, trust administration, or similar field.REQUIRED SKILLS
Qualified candidates will possess a demonstrated degree of proficiency (typically from 5 years of work or practical experience), in:Financial Analysis:
Ability to interpret financial statements and assist in determining the value of privately held business interests.Portfolio Management:
Experience supporting management of investment portfolios or financial assets.Client Communication:
Ability to communicate effectively with internal partners and external stakeholders. Attention toDetail:
Strong organizational skills with the ability to manage multiple priorities and deadlines.SKILLS FOR SUCCESS
Qualified candidates will possess a demonstrated degree of proficiency (typically from 5 years of work or practical experience), in:Analytical Thinking:
Ability to assess moderately complex financial and operational data.Problem Solving:
Ability to identify and escalate issues with sound judgment.Collaboration:
Ability to work effectively across teams and functions.Communication:
Strong written and verbal communication skills.Client Focus:
Commitment to delivering high-quality service and maintaining strong relationships.DOING THE RIGHT THING
Our employees take pride in doing the right thing for customers and colleagues as well as being accountable for risk by openly exchanging ideas and opinions, elevating concerns, and following policies and procedures that protect all our valuable assets—including you. Manager, Closely Held Assets Total Base Pay Range 71,100.00- 145,900.
com Careers page at:
https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.LOCATION
- Rosemont, Illinois 60018 Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes
- no matter how they are submitted
- will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.