Director Of Investments

Description

This leader will be responsible for building and delivering a consistent and sustainable investment and service strategy to clients. This position will be ultimately responsible for the results of the Investment Strategists, including asset growth, strategy and research implementation and execution, and monitoring customized solutions. Additionally, this position will drive towards zero tolerance on trading and other errors, and ensure compliance with all firm and regulatory policies and procedures. The role will ensure the consultative investment management process provides the foundation for a superior client experience across regions. It will also involve delivering the full range of investment products, including performance, innovation (including digitization), platform development, and sales. The leader will provide professional development and training for Investment Strategists and support staff to stay current with industry developments and regulatory requirements. Expertise in research, trading, compliance, accounting, and portfolio management platforms is essential. Collaboration with Trust & Fiduciary Services and Wealth Planning teams will be necessary to align client goals, goals-based investing, and governing document requirements. The role also involves working across the enterprise to deliver the Wealth Management investment process and value proposition. The position will serve as a voting member of the Investment Policy Committee and other product committees, actively participating as a subject matter expert in investment management activities.

Position Responsibilities :

• Develop and implement a fully integrated investment approach.
• Manage all Investment Strategists and support staff to deliver exceptional client experiences while achieving asset growth, model utilization, and performance goals aligned with the Investment Policy strategy.
• Ensure the investment team provides consultative investment expertise and advice to all Wealth Management clients.
• Apply the 5-step Consultative Investment Management Process to client accounts.
• Maintain current knowledge of the Comerica Investment Policy Committee, asset allocation guidelines, and risk tolerance objectives.
• Serve as a Subject Matter Expert on research, trading, trust accounting platforms, and regulatory environment.
• Develop and execute transition plans for the current book of business.
• Review and approve compliance exceptions and ensure timely completion of Reg 9 investment reviews.
• Monitor errors and trade corrections, and work with strategists to minimize these issues.
• Mentor and provide professional development and training for staff.
• Ensure the investment management process underpins the client experience across regions.

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