The Apriem team is growing! We seek a Portfolio Administrator to join our team in Southern California.At Apriem we are committed to serving our clients to the highest degree with unmatched integrity and aptitude. We are seeking a full-time support professional to assist with the day-to-day investment portfolio administration at Apriem Advisors.
The Portfolio Administrator position is primarily responsible for working closely with the Investment Team, Wealth Managers, and Operations Team in the areas of portfolio administration, portfolio analysis, and investment research. The duties are so specialized and complex that knowledge required to perform them is associated with a bachelor’s degree or higher.
The PA will be responsible for investment-based and client-based duties, among other things that may
arise from a small-company setting.
Must be proficient in Excel and PowerPoint.
Strong organization and analytical skills.
Working towards getting the CFA (Chartered Financial Analyst) designation.
Investment Management Duties
Daily client portfolio administration
- manage client, securities, and model portfolio settings as well as maintain 3 rd party databases such as Advisor View, Rebalancer & Citrix
- Schwab – restricted accounts, negative cash balances, residual shares, cash restrictions
Trading execution, allocation, and reconciliation, including post-trade audits and communication of
trades to the WMs.
Investment Policy Statement creation and revision
Implementation Plan creation
Research report generation, assemble & review economic & market data for Investment Team
Take minutes from investment Team meetings and due diligence meetings with Fund Managers
Investment Compliance Duties
Run and maintain performance composites and assist in our GIPS certification
Perform employee trades audit & Investment Policy audit
Maintain and update Compliance logs for the Investment Team such as Trade Errors, Best Execution, Restricted Stocks, Illiquid Trades.
Manage client proxy voting activity (Broadridge & Egan Jones)
Assist the CCO/ACO in updating & submitting SEC forms such as 13F, ADV Part 1 & 2
Assist the CCO/ACO in the annual review and testing of the Policies & Procedures and Code of Ethics
Assist the CCO/ACO in updating annual Compliance Forms for employees
Clients/Wealth Managers Duties:
Create marketing materials creation such as TI Portfolio Updates, X-Rays, Factsheets
Prepare Prospect Pitchbook and assist in creation of client/prospect presentation materials
Contribute articles/write-ups for our website/blog/social media
Long-Term Goals for Portfolio Admin:
The initial duties as a PA is currently includes many operational, data gathering and analysis duties. The progression of the role will be to expand duties beyond those listed:
Communication: We are here to serve clients. Having the desire and ability to communicate
with clients and the staff is crucial to our accomplishing our mission. Samples including
discussing market events, recent trades, changes in allocation, investment ideas.
Decision making: Beyond just gathering and analysis data, decision need to be made. Proving
you can make profitable decisions will show your investment management ability.
Portfolio Management: Managing a style specific strategy Growth path includes (subject to change) Financial Analyst, Sr. Financial Analyst, VP-Portfolio Manager, CIO.
This is a full-time position with office hours from 8:00 am to 5:00 pm, Monday through Friday.
Apriem observes 10 holidays each year.
Other Employment Terms:
Vacation: 10 days (first 2 years), 15 days (3-4 years), 23 days (5+ years)
Sick Days: 5 days per year
Apriem also offers family & medical leave, bereavement leave, voting leave, and jury duty/witness leave. More details can be found in our Employee handbook.
401(k) Retirement Plan after 12 months of employment, Apriem matches 3% of employee pay
(subject to change).
Health Insurance after 30 days of employment, Apriem pays 50% of the premium.
Apriem offers Dental & Vision, employees pay 100% of the premium.
To apply, please send resume to Jennifer N. Olson, firstname.lastname@example.org
NO PHONE CALLS PLEASE