Hrishi Blog Buddhi

JOB DESCRIPTION AND RESPONSIBILITY
KEY RESULT AREA(KRA) & KEY PERFORMANCE INDICATOR(KPI)

MANAGEMENT

Portfolio Manager Career Path

Introduction
Skills Ability
job description
requirements
Key Result Area
Key performance Indicator
Work Environment and Schedule
Salary in India
Conclusion
FAQs
Explore career opportunities

Introduction

The Portfolio Manager usually works at a banking firm at a corporate level or investment firm and is responsible for analyzing and overseeing client investment portfolios. They provide their clients and customers with asset Investment portfolios that are based on successful investment strategy, with the primary goal of generating a sufficient return on investment. A portfolio manager’s job revolves around advising clients on the best course of action with regard to their investments, researching stock market trends, and ensuring that assets are maintained or improved.
The Clients of a Portfolio Manager can range from individual investors to institutional investors. The Job of an Investment Portfolio manager is not easy however it is filled with potential and experience it can prove to be very lucrative. To pursue this career you need a mix of skills and talent along with knowledge.

Do You Want to be a Portfolio Manager?

To build a career as a portfolio you need to first understand the Job profile and responsibility of the job.
This blog gives you a detailed idea of what it is to become an Investment Portfolio Manager in the Finance Industry of India.

Skills Ability

  1. Interpersonal and Communication Skills:
    2. The Investment Portfolio manager has to work in a corporate environment where communication and coordination with the team members and the staff are very important. They have to notify the superiors of the different Investment plans and goals that have been made and set, and accordingly, also notify the people working under them to properly execute the plans.
  2. Detail Oriented and analytical skills:
    3. The Portfolio manager has to look out for every single account of the client and find out their needs and limitations, they also need to keep an eye out for trends, changes and economic turmoil. Being detail oriented is a necessity for the Investment Portfolio Manager.
  3. Teamwork skills:
    4. The Portfolio Manager is subject to working in a Business organisation where they have to work with much other staff of the organisation, communicating with them, brainstorming ideas, etc. teamwork is necessary to maintain a good working environment and morale and boost productivity and profits.
  4. Computer Skills:
    5. Computer Skills are required for any job now a days and the Portfolio manager’s job is no exception. They need to know how to operate different software that helps them in managing portfolios and accounts.
The Portfolio Manager needs to be Experienced and have a good set of Investment knowledge in order to create and manage investment portfolios for their clients. The responsibilities of the Investment Portfolio manager include crafting investment packages, managing client expectations, and transactions, and achieving our clients’ overall investment objectives.
The Portfolio Manager works in a collaborative and fast paced work environment and to be successful as a Portfolio Manager they must be able to work efficiently and effectively in the organisation.
They are supposed to provide portfolio recommendations to our clients based on in-depth financial market analyses. The Portfolio manager must be knowledgeable about the current trends in the market and economy, to do so, they must analyse the daily state of the stock market. The Job description also includes determining the best investment strategies and opportunities, managing client retirement and investment funds, and addressing questions and concerns of investment clients.
  • They need to create an investment policy statement, outline the clients’ investment objectives
  • They need to be aware of market conditions and economic trends so that they can Constructing successful investment portfolios
  • maintain a specific investment strategy by Buying and selling securities in client accounts or to reach an investment objective.
  • Determining acceptable risk appetite of the client and for clients based on time frames, risk preferences, return expectations, and market conditions
  • Maintaining new and old client relationships
  • informing clients of market conditions, updating them on investment research and economic trends, and meeting with them to discuss their portfolio performance and investment growth and objectives.
  • Evaluating the performance of investment portfolios and ensuring compliance with standards provided by regulatory organizations
  • They also need conformance with investor disclosures, privacy laws, anti-money laundering requirements, and anti-fraud measures.
  • Look out for new customers and gain their trust
  • Staying up to date with relevant investment and trading strategies, news, and economic trends

Key Result Area

  • Assess Financial market conditions:
    • The Investment portfolio Manager has to analyse the local and international economy in order to identify current and prospective growth opportunities
  • Maximise Return on Investments:
    • As an investment portfolio manager, you would be required to create plans and execute them to get the best possible ROI on the company’s Investments.
  • Manage Risk:
    • They need to take risks as per the client’s appetite to gain profit but not exceed the risk capacity of the clients

Key Performance Indicator

  • High Returns:
    • The Investment Manager must allocate the funds of their clients and company in such a way that they get the best possible ROI.
  • Operating Expense:
    • The Investment manager has to analyse all the departments and their needs to keep the Operating Expense at minimum
  • Future Value:
    • The assets that the Portfolio manager has invested in will be of a certain value in the future, the higher the Future value of those assets the better.

The majority of the working hours of the portfolio managers will be spent in an office setting monitoring portfolios and meeting with clients. However, it is expected that they have to travel sometimes during their work hours for client meetings.

The Work Timing is mostly fixed, they work whenever the stock market is open or as per their organisation’s business timings. Workweeks often exceed 40 hours and they might also have holidays on public holidays and weekends.

The Average Salary for an Investment and Portfolio Manager in India can range somewhere between 10 Lakh to 30 lakh INR per annum.

The Amount may vary through different banks, and cities depending on workflow and workload.

The Portfolio manager helps people optimum returns on their investment with minimum risks, hence they are high in demand. It is a role of high pressure and stress but also high paying. For anyone who has a talent and passion for managing assets, taking money decisions and everything of that sort, The Finance manager job could prove to be a highly successful career option for you.

Q1. What is the role of a Portfolio Manager?

A1. A Portfolio Manager is responsible for managing investment portfolios for individuals or organizations. They make strategic investment decisions, monitor performance, mitigate risks, and aim to maximize returns for their clients.

Q2. What skills are important for a Portfolio Manager?

A2. Essential skills for a Portfolio Manager include financial analysis, investment management, risk assessment, asset allocation, market research, decision-making abilities, and excellent communication with clients.

Q3. What does the job description of a Portfolio Manager entail?

A3. The job description of a Portfolio Manager involves creating investment strategies, analyzing market trends, monitoring portfolio performance, adjusting asset allocations, providing client updates, and ensuring compliance with regulations.

Q4. What are the requirements to become a Portfolio Manager?

A4. To become a Portfolio Manager, you typically need a bachelor's degree in finance, economics, business, or a related field. Many Portfolio Managers also pursue certifications such as CFA (Chartered Financial Analyst) or CFP (Certified Financial Planner) for career advancement.

Q5. What is the salary range for Portfolio Managers in India?

A5. The salary for Portfolio Managers in India varies based on experience, qualifications, and the organization. On average, Portfolio Managers can earn between ₹800,000 to ₹2,500,000 per year, with senior-level positions offering higher salaries and bonuses.

Explore Occupations

Take Free Career Counselling

Book Your Slot Now !!

Looking for the job??

Register Now !!

Have Doubts??

Explore Career Opportunities

Scroll to Top