AM @ a Bank, Parlaying My Experience

I am 2 1/2 years into my first stint after college and overall, I really enjoy my role. I started off as an analyst supporting our sales & investments side of our institutional asset management arm. I then was able to parlay myself onto a different role internally where I essentially became a quasi-portfolio manager for a handful of accounts totaling $175m assets for 75 clients, I only meet with a handful of these clients virtually to provide an economics & portfolio review quarterly. 

The kicker is that we have a centralized investment team that focuses solely on manager research/portfolio construction/strategy that creates UMAs and SMAs for us to put our clients into. For low touch client accounts (especially trusts) we typically are mandated to put our clients into these; so I'm not a true investment advisor with discretion but rather someone who can eloquently explain the reasonings for how our investments are allocated the way they are; these accounts once put into UMA models are out of my hands and I just generate quarterly reports to explain why it performed the way it did and explain the current economic state. 

I only have a few of high touch accounts I manage for smaller corporations/scholarship funds/endowments that I manage on my own accord but typically follow our CIOs best thinking. But I enjoy working with these accounts because I can, within reason, use a bit of discretion such as where to active, where to go passive, picking approved equity/fixed income managers, how much excess cash to invest, all while following investment policy statement guidelines, etc. This makes me learn more and feel more like a true 'asset manager'

This is a broad overview of my experience. Why part of my role feels operational, I do feel extremely underpaid considering I am overseeing assets but comp'd as an analyst and am curious what roles I could be competitive for in general. I do feel I can push myself more, intellectually, in a different role too.

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