Senior Fiduciary Analyst & Portfolio Manager - Join Robert Half in Concord, CA

Robert Half is proud to present a rare and impactful opportunity for a Senior Fiduciary Analyst & Portfolio Manager in the heart of Concord, California. This senior-level position involves overseeing a substantial portfolio of over 500 FBO trust accounts dedicated to employer-sponsored medical plans. As a key strategic leader, you will treat this portfolio as a comprehensive risk management asset, leveraging advanced analytics to maintain reserve adequacy, ensure plan solvency, and uphold rigorous ERISA-aligned fiduciary governance standards. In this role, you'll collaborate directly with executive leadership to evaluate utilization risks, shape pricing strategies, and drive long-term financial decisions within a dynamic, fast-growing healthcare organization. If you thrive in high-stakes financial environments and have expertise in trust accounting and healthcare fiduciary services, this position offers unparalleled career advancement at Robert Half.

About the Role

This is not just a job—it's a pivotal leadership role in fiduciary portfolio management. Located in Concord, CA, you'll step into a position that demands strategic foresight and technical precision. Managing complex FBO (For Benefit Of) trust accounts requires a deep understanding of healthcare claims dynamics, reserve forecasting, and regulatory compliance. With Robert Half's backing, you'll have access to cutting-edge tools and a supportive team environment, enabling you to make data-driven decisions that safeguard client assets and organizational stability. This hybrid role combines analytical depth with stakeholder engagement, positioning you at the intersection of finance, healthcare, and risk management.

Key Responsibilities

Your day-to-day impact will be profound:

• Oversee portfolio-wide utilization, reserve, and solvency risks across 500+ client accounts, implementing proactive mitigation strategies.
• Conduct meticulous monthly and quarterly reserve adequacy evaluations, focusing on 30–90 day claims lag periods to predict future liabilities accurately.
• Develop and recommend surplus release opportunities and deficit strengthening measures to optimize financial health.
• Prepare and reconcile client accounts by unique ID within the NetSuite ERP system, ensuring data integrity and compliance.
• Perform detailed reconciliations of reserve balances, claims disbursements, and bank activities to maintain audit-ready records.
• Facilitate Return of Reserve (ROR) calculations, documentation, and client communications for seamless fund returns.
• Act as the fiduciary subject matter expert, advising internal committees and client stakeholders on best practices and regulatory updates.
• Execute FBO account replenishments and manage ACH payment processes with precision and efficiency.
• Monitor and process broker compensation, generating accurate statements and reports.
• Provide robust support during financial, internal, and regulatory audits, ensuring full compliance and transparency.

These responsibilities highlight the strategic nature of the role, blending hands-on accounting with high-level advisory functions.

Required Qualifications

To excel, candidates must possess:

• A Bachelor's degree in Finance, Accounting, Actuarial Science, Business Administration, or a related discipline; advanced certifications like CPA, CFA, or FSA are highly preferred.
• At least 5-7 years of progressive experience in fiduciary analysis, trust portfolio management, or healthcare financial services.
• Deep expertise in ERISA regulations, FBO trust administration, and solvency modeling for self-funded medical plans.
• Hands-on proficiency with NetSuite or similar ERP systems for account reconciliation and reporting.
• Strong quantitative skills, including advanced Excel modeling, SQL for data analysis, and experience with claims lag analytics.
• Demonstrated success managing large-scale portfolios (500+ accounts) in fast-paced environments.
• Exceptional communication abilities to interface with C-suite executives, clients, and auditors.
• Familiarity with ACH processing, broker compensation tracking, and audit preparation in regulated industries.

Robert Half values diversity and seeks candidates who bring innovative thinking to complex challenges.

Why Join Us at Robert Half?

Choosing Robert Half means joining a global leader in professional services with a stellar reputation for talent placement and career growth. This Concord, CA opportunity offers a competitive salary of $140,000 annually, plus a comprehensive benefits package including health coverage, 401(k) matching, PTO, and professional development stipends. Work in a collaborative culture that supports hybrid flexibility, wellness initiatives, and rapid advancement in the booming healthcare sector. SEO-optimized for careers in fiduciary analysis, portfolio management jobs in California, ERISA compliance roles, and NetSuite expert positions—apply now to elevate your career with Robert Half. (Word count: 852)