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Institutional Asset Management Jobs in Michigan (NOW HIRING)

This individual will manage a sales territory of institutional entities focusing on providing investment solutions across pension, retirement, and not-for-profit asset pools. This individual will ...

The Director, Asset Management supports the strategic oversight of a portfolio of MH and/or RV ... and institutional knowledge retention across the asset base. * Present portfolio performance ...

The Director, Asset Management will also take a strong supporting role in the design and ... and institutional knowledge retention across the asset base. * Present portfolio performance ...

The Director, Asset Management will also take a strong supporting role in the design and ... and institutional knowledge retention across the asset base. * Present portfolio performance ...

Establish and maintain best-in-class asset management standards, systems, and processes to ensure institutional scalability and data-driven decision-making. * Mentor and develop a high-performing ...

Establish and maintain best-in-class asset management standards, systems, and processes to ensure institutional scalability and data-driven decision-making. * Mentor and develop a high-performing ...

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Institutional Asset Management information

See Michigan salary details

$30.9K

$82K

$143.4K

How much do institutional asset management jobs pay per year?

As of Aug 21, 2026, the average yearly pay for institutional asset management in Michigan is $82,042.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,900.00 and $95,000.00 per year, depending on experience, location, and employer.

What is institutional asset management?

Institutional asset management refers to the professional management of investment portfolios on behalf of institutions, such as pension funds, insurance companies, endowments, and foundations. Asset managers develop and implement investment strategies tailored to the specific goals, risk tolerances, and regulatory requirements of these organizations. They manage a wide range of asset classes, including equities, fixed income, real estate, and alternative investments, aiming to maximize returns and manage risks over the long term.

How does working in institutional asset management differ from retail asset management in terms of daily responsibilities and client interaction?

In institutional asset management, professionals typically focus on managing large portfolios for organizations such as pension funds, endowments, and insurance companies, rather than individual investors. Daily responsibilities often involve analyzing market trends, creating tailored investment strategies, and preparing detailed reports for institutional clients. The role requires close collaboration with research analysts, portfolio managers, and client relationship teams to ensure client objectives are met. Unlike retail asset management, interactions tend to be less frequent but more strategic, involving in-depth performance reviews and long-term planning. Success in this environment demands strong analytical skills, effective communication, and a deep understanding of complex financial products.

What are the key skills and qualifications needed to thrive in institutional asset management, and why are they important?

To thrive in Institutional Asset Management, you need a strong background in finance, investment analysis, and portfolio management, often supported by a degree in finance or economics and professional certifications like CFA. Expertise in financial modeling, Bloomberg Terminal, and risk management systems is typically required. Analytical thinking, attention to detail, and effective client communication are vital soft skills for building trust and making informed investment decisions. These competencies are crucial for optimizing client portfolios, managing risk, and delivering consistent performance in a competitive market.

What is the difference between Institutional Asset Management vs Financial Analyst?

AspectInstitutional Asset ManagementFinancial Analyst
Required CredentialsCFAs, Series 7/63, advanced degreesCFAs, Series 7/63, sometimes MBAs
Work EnvironmentAsset management firms, pension funds, endowmentsCorporations, banks, investment firms
Employer & Industry UsagePrimarily in asset management and investment firmsAcross finance sectors including banking and corporate finance

Institutional Asset Management focuses on managing large-scale investment portfolios for institutions, requiring specialized credentials and working within asset management firms. Financial Analysts analyze financial data to support investment decisions across various sectors. While both roles involve finance expertise, Institutional Asset Management emphasizes portfolio oversight for institutions, whereas Financial Analysts provide analysis to inform broader investment strategies.

What are popular job titles related to Institutional Asset Management jobs in Michigan?

For Institutional Asset Management jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Institutional Asset Management jobs in Michigan look for?

The top searched job categories for Institutional Asset Management jobs in Michigan are:

Infographic showing various Institutional Asset Management job openings in Michigan as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 14% Part Time, 2% Temporary, 3% Contract, and 1% Nights. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $82,042 per year, or $39.4 per hour.

Senior Business Development Officer - Institutional Asset Management

PNC Financial Services Group

Troy, MI

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 19 days ago


PNC Bank rating

7.8

Company rating: 7.8 out of 10

Based on 347 frontline employees who took The Breakroom Quiz

89th of 171 rated banks


Job description


Job Profile
Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As a Senior Business Development Officer within PNC's Institutional Asset Management organization, you will be based in Troy, MI.
In this position, you will consult with prospects to identify their needs and provide solutions including PNC's OCIO, 401(k), Custody and proprietary fixed income solutions. Prospects include nonprofits, corporations and both DB and 401(k) plans.
Preferred skills/experience include:
• Proven track record of winning new business from institutional investors
• Professional network in the Michigan and Northwest Ohio regions
• A results-orientated self-starter who can quickly understand client needs
• Good organizational skills with an emphasis on being able to manage multiple initiatives with diligence and care
• Ability to develop long-term relationships with centers of influence and internal partners
• Have a client centric focus and the ability to influence and lead others to prioritize in this way
• Ability to collaborate across all levels of the organization
• Exceptional verbal, written communication, and presentation skills
• CFA designation is beneficial, but not required PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position. Job Description
  • Identifies prospective AMG clients or referral sources by educating about and positioning AMG capabilities to generate awareness, deliver solutions and drive new revenue. Develops the most complex and sophisticated new client opportunities.
  • Calls on prospects and Centers of Influence to sell the full spectrum of AMG products and services, generally at client location and either self-initiated or referred by internal/external partners. Cultivates referrals/leads, generates interest and collaborates with partners to close the sale.
  • Observes products, pricing, competitive landscape and bring ideas and suggestions to management and/or partners to establish and execute the appropriate activities, tactics and strategies to generate, identify and pursue new opportunities and successfully close the sale. Uses insight on industry trends, best practices and solution knowledge to obtain new clients and expand existing relationships
  • Meets with and educates partners to position the value of AMG capabilities. Assesses new business opportunities on a consistent basis, including completing book of business reviews, responding to new business inquiries and requests for proposals, and maintaining territory/focus lists. Drives team member accountability and participation.
  • Maintains timely, accurate and complete sales administration tasks as determined by the business. Expected to train, coach and/or mentor other team members in market if applicable.

    PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

    • Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
    • Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
    Qualifications

    Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.

    Preferred SkillsAccount Management, Asset Allocation, Capital Management, Credit Risk Analysis, Equity Valuations, Investment Banking, Sales CompetenciesBusiness Acumen, Customer Experience Management., Decision Making and Critical Thinking, Effective Communications, Financial Services Industry, Managing Multiple Priorities, Sales Function, Selling. Work ExperienceRoles at this level typically require a university / college degree. Higher level education such as a Masters degree, PhD, or certifications is desirable. Industry relevant experience is typically 8+ years. Specific certifications are often required. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered. EducationBachelors CertificationsNo Required Certification(s) LicensesNo Required License(s) Benefits PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives. In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.

    To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.

    Disability Accommodations Statement

    If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses.  Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.


    At PNC we foster an inclusive and accessible workplace.  We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

    Equal Employment Opportunity (EEO)


    PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

    This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.

    California Residents

    Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.


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