April 18, 2013

Job of the Month:

Wealth Management

Investment Portfolio Manager

Norman Alvis, Pat Musto &

Michelle Taschek

Participant Notes & Tips

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Norman Alvis

Wealth Management Investment Portfolio Manager

Colorado Springs, Colorado

Tenure with U.S. Bank: 2 ½ years

Tenure as a Wealth Management Investment Portfolio Manager: 5 ½ years

Best part of the job: I like that my job requires me to stay current on economic, business and political topics and that I have in depth discussion with clients on those topics.

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Pat Musto

Wealth Management Investment Portfolio Manager

Portland, Oregon

Tenure with U.S. Bank: 24 years

Tenure as a Wealth Management Investment Portfolio Manager: 24 years

Best part of the job: The ability to help individuals and families achieve their financial goals, and in the process become their trusted, long-term advisor.

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Michelle Taschek

Wealth Management Investment Portfolio Manager

Madison, Wisconsin

Tenure with U.S. Bank: 5 ½ years

Tenure as a Wealth Management Investment Portfolio Manager: 14 years

Best part of the job: I love helping clients. The work I do is important to them and I feel privileged to be entrusted with their assets. It is a joy to work them and in some cases, several generations of their families.

Favorite quote:

– "Tell me and I forget, Teach me and I remember, Involve me and I learn."

– Benjamin Franklin

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Wealth Management Investment Portfolio

Managers at U.S. Bank

Grade levels: 12-16

Approximate Number of Employees in this Job: 135

Wealth Management Investment Portfolio Managers are located across the country

Typically found in Wealth Management and Securities Services

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Wealth Management Investment Portfolio

Manager Job Summary

Responsible for managing individual and/or trust account assets and investment relationships consistent with the established investment objectives and strategies of the company and/or the client.

Strong focus on managing client account retention to meet Net Portfolio growth objectives of the company.

Shared responsibility for soliciting, developing, managing, and retaining client relationships for Wealth Management.

Manage a portfolio of individual and/or trust account assets to maximize investment return commensurate with an acceptable level of risk.

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Wealth Management Investment Portfolio

Manager Job Summary (cont.)

Assists in the development and implementation of short and/or long-term investment policies and strategies based on management investment philosophy and customer investment objectives.

Keeps informed of developments in investment markets, using fundamental and/or technical research to arrive at sound and timely investment decisions.

Supports, as needed, new business development, relationship management, marketing and/or technical research to arrive at sound and timely investment decisions.

Supports, as needed, new business development, relationship management, marketing and/or product development.

Assist senior managers with major accounts.

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Wealth Management Investment Portfolio Manager:

Qualifications, Preferred Skills & Experience

Entry-Level – High school diploma or equivalent

– Two or more years of investment experience

– Thorough understanding of investment management

– Strong knowledge of finance, economics and general business

– Ability to effectively present investment strategies to clients

– Ability to make critical decisions independently with minimum direction

– Effective interpersonal and verbal and written communication skills

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Wealth Management Investment Portfolio Manager:

Qualifications, Preferred Skills & Experience

Mid-Level – Seven or more years of investment experience

– Ability to make critical decisions independently

Senior-Level – 10 or more years of investment experience

– Strong sales and relationship management/client services skills

– Ability to effectively present investment strategies to clients

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Career Development Resources - Learn

Enterprise-wide required training on the U.S. Bank Learning Center

Leader Resources

Additional internal and external training resources, such as:

– Harvard Resources

– Online learning and development resource

for all employees

– More than 40 topic areas, from writing and presentation skills to career and time management

– Access Harvard Resources from work or home

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Career Development Resources - Plan

Resources to help you build your career development plan, including:

– Worksheets to help you formulate your short- and long-term career goals

– Development plan templates

– Tips for writing an effective plan

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Career Development Resources - Network

Development Network

– Available to all employees

– Development and community involvement opportunities

MentorConnect

– Self-directed mentoring program

– Utilizes innovative Web-based tool to match mentors and mentees

Leader Forums

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Building Your Career at U.S. Bank

Development Network program called, “Building Your Career at U.S. Bank.”

Creating a viable career path is only one part of planning your career. Learning how to make yourself more visible in the organization and establishing a network of people to help advance your career is just as essential. Learn some simple steps to develop and utilize your own network right here at U.S. Bank.

– Clarify your career values, skills, interests and goals.

– Determine who to include in your personal network.

– Identify formal or informal mentors.

– Identify key experiences within your current role that could provide the greatest learning.

– Leverage available programs and tools to your fullest advantage.

Watch your local Development Network chapter page for this program to be offered in your area.

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Q&A with Panelists

Do you have questions for today’s panelists?

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Questions?

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For questions on career development,

contact Stacy Miller Bruzek

612-303-7613 /

stacy.miller@usbank.com