Thursday, January 31, 2013

Settlements & Reconciliation at TCW - Los Angeles

Settlements & Reconciliation at TCW - Los Angeles

Reconciliation Specialist

The Reconciliation Specialist will be responsible for the accurate and timely reconciliation of client portfolios and utilizing the automated reconciliation process (for most of the accounts). This position will also have responsibilities for the maintenance of client portfolio records in the Company’s proprietary accounting system. The Reconciliation Specialist will interact daily with the custodian banks to resolve cash and holdings reconciliation exceptions and will update financial information reporting to management by compiling, researching, and analyzing data.
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  • Settlements Specialist

    The Settlements Specialist will ensure smooth operation for securities trade settlement by confirming and finalizing transactions, communicating with brokers and custodian banks and resolving trade discrepancies. This position is responsible for handling the settlement for Fixed Income and Equity Securities and Derivatives, including Swaps, Options, Futures, and Bank Loans. The Settlements Specialist also has responsibilities for monitoring collateral, and confirming Margin Variation Cash Flows.
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  • Team Lead, Reconciliation

    This position will be responsible for the accurate and timely reconciliation of client portfolios and utilizing the automated reconciliation process (for most of the accounts). This position will also have responsibilities for the maintenance of client portfolio records in the Company’s proprietary accounting system. The Team Lead will also assist with financial information reporting to management by compiling, researching, and analyzing data.
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  • Analyst & Associate positions, TCW - L.A. & N.Y.

    Analyst & Associate positions at TCW - L.A. & N.Y.

    Corporate & Class Action Associate

    The Corporate Action/Class Action Specialist is a high impact, high risk position that monitors and executes capital changes on all securities held within the TCW investments. This position performs a crucial role by monitoring notifications for events such as corporate reorganizations, acquisitions, stock splits, and mergers, etc. The information is prepared for processing and communicated internally for review and instructions. The Corporate Action/Class Action Specialist also has responsibilities for filing proof of claims for certain class actions. This position interacts daily with TCW’s internal and external business partners.
    Find out more
  • Credit Analyst

    The Credit Analyst will work as part of the credit research group that supports fixed income portfolio management. This position will primarily cover banks/financial institutions.
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  • Credit Analyst - Leveraged Loan Focus, Los Angeles

    The Credit Analyst will work as part of the credit research group that supports portfolio management with a primary focus on leveraged loan universe.
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  • Credit Analyst - Leveraged Loan Focus, New York

    The Credit Analyst will work as part of the credit research group that supports portfolio management with a primary focus on leveraged loan universe.
  • Analyst - Fixed Income Group, TCW - Los Angeles

    Analyst - Fixed Income Group
    Job ID: 1953
    Location: Los Angeles, CA
    Working under the direction of a senior analyst, this position will provide analytical and research support to the Chief Investment Officer and Generalist Portfolio Managers in the Fixed Income group at TCW.
    Primary Responsibilities
    • Provide support to the generalist portfolio management team
    • Ad hoc and recurring research projects and analytical work as directed
    • Conduct statistical analyses
    • Assemble and review data; generate charts and graphs
    • Develop and coordinate presentation materials
    • Data manipulation and augmentation for the above
    • Write commentary, reports, responses, summaries, etc.
    • Assist with the RFP process on behalf of the generalist portfolio managers
    • Portfolio monitoring and reporting

    Minimum Qualifications:
    • Bachelor’s degree in Economics, Finance, or related field with demonstrated academic achievement; CFA or MBA a plus
    • Desired backgrounds include experience as an analyst on Wall Street, an investment banking/sales trading associate, or an analyst within a Fixed Income investment team
    • Strong understanding of economics, economic data, and financial markets
    • Excellent financial, mathematical and statistical skills
    • Strong writing and communication skills; able to work with individuals at all levels within the organization
    • Proficient with Microsoft Excel and PowerPoint; experience with Bloomberg
    • Excellent work ethic
    Apply on TCW website:

    Dealer Operations Representative - Chicago

    Title:  Dealer Operations Representative (0570-009-111)
    Location: Chicago, IL
    Compensation: Commensurate with Experience

    Delivers and provides support to dealer back offices, associates, investors and representatives of the investing community.  This position provides accurate, timely report review, transaction processing, quality assurance, written communications, VIP servicing and project support on behalf of the customers, as well as internal departments.

    Handle of inbound calls, transaction processing and the dissemination of all pertinent fund, service and product information.
    Review and processing of daily reports
    Provide daily estimates of applicable trades
    Work with the client’s companies to ensure quality service to VIP customers.
    Provide special dealer reporting monthly, quarterly, year-end and ad hoc
    Communicate new funds, products and policy changes to dealers as well as contribute to the quarterly newsletter to back offices.
    Perform quality review of transactions for back offices as well as department processes
    Monitor the faxes and mail to ensure prompt delivery of items received.
    Coordinate new Fund/SERV and Networking Agreements.
    Review and maintain periodic intermediary fee payments.
    Participate in project work and communication of fund changes.

    NSCC processing experience required
    Ability to make good judgments on escalation of items
    Experience with internet search engines and internet investigation techniques
    Initiative to take on additional responsibilities when needed
    Knowledge of the company's business and industry
    Leadership skills
    Skills to analyze reports/data to reach reasonable conclusions on shareholder identity and transactions
    Knowledge of USA Patriot Act, Anti-Money Laundering regulations, privacy laws, and fraud trends
    Experience with Microsoft Access, databases, and report writers
    2 plus years in the financial services industry
    Strong knowledge of the mutual fund industry and its regulations
    Strong understanding of shareholder and broker community
    Strong interpersonal, oral and written communication skills, including the ability to provide constructive feedback to direct reports
    Series 6 license within 8 months and Series 63 within 11 months of hire required
    College Degree or equivalent work experience required

    If you are interested in this opening, please email us your resume as an MS Word attachment.
    Thank you,
    Emily Andrews
    BCI - Financial Services Recruiting
    312-460-8111 x106

    Wednesday, January 30, 2013

    Sr VP, PA and Analyst at F-Squared - Newton, Massachusetts

    1. Senior Vice President - Investments, Wealth, RIA and Sub-Advisory
      1. More info at
      2. Send resume to
    2. Portfolio Analyst, F-Squared Investments
      1. More info at
      2. Send resume to
    3. Accounting Analyst
      1. More info at
      2. Send resume to

    F-Squared:  F-Squared Investment Management, LLC (F-Squared) is a privately-held, SEC registered investment management firm providing quality investment advisory and portfolio management services for financial professionals, wealth managers, institutional investors, as well as providing sub-advisory services for mutual funds. F-Squared is organized as a parent company with five subsidiaries.

    F-Squared has over $9 billion in assets under management or advisement.

    Friday, January 25, 2013

    Research Analyst, Benefit Funding Services Group - Irvine

    Research Analyst, Benefit Funding Services Group - Irvine
    Company Overview:
    Benefit Funding Services Group (BFSG) is a retirement plan consulting firm founded in 1990 catering to the mid to large defined contribution plan marketplace.  The firm seeks a Research Analyst to support senior retirement plan consultants with investment consulting and reporting.

    Position Description:
    Provide support in investment analysis through the preparation of investment performance reports and conduct research on mutual funds and separate account managers.

    Primary Responsibilities:
    • Gather necessary data to prepare complete quarterly investment reviews
    • Perform investment analysis/screening criteria to develop fund searches
    • Prepare investment section/scoring methodology for investment reviews
    • Provide investment research and assist in developing methods to increase overall efficiency in the investment reporting process
    • Meet with portfolio analysts (in person or conference calls) to get up to information on manager strategy and portfolio construction
    • Manage respective databases (monthly updates, product updates, etc)
    • Prepare fund summaries based upon research findings
    • Assist in the preparation of market commentaries and white papers as needed
    Required Skills:
    • Advanced knowledge of Excel (Vlookup, pivot tables, macros, etc)
    • Database knowledge preferred (Morningstar Direct)
    • Internet browsing/search engines
    • Strong written and verbal communication skills
    • Knowledge of mutual funds and capital markets is preferred
    Competitive compensation package includes base salary, medical benefits, 401(k) plan and potential bonuses.

    To apply for this job, please email your resume to

    Thursday, January 17, 2013

    Sr Investment Consultant, The Investment Counsel Co. - Las Vegas, NV

    Senior Investment ConsultantLocation: Las Vegas, Nevada
    Direct Supervisor:        Chief Executive Officer
    Summary:          The Investment Counsel Company, Nevada’s first investment management consulting firm and a recognized leader in the industry, seeks a Senior Investment Consultant (IC) who will make a significant contribution by providing valued guidance, perspective, and judgment to current and prospective clients and capitalizing on business opportunities consistent with continuing to build a world-class financial organization.

    Salary Range:  $125,000 - $200,000 base salary, commensurate with experience, comprehensive benefits package and bonus.
    Executive Management Responsibilities:
    • Management Committee Member sharing responsibility for the development, organization and coordination of ICC’s team and resources necessary for achievement of company goals and objectives.
    • Assist in implementation and management of business model strategies, tactics, and skills.
    • Investment Committee Member working collaboratively with research team to develop and oversee company investment opportunities. 
    • Research new investment products, strategies, and concepts.
    • Stay at the forefront of investment and other related knowledge (economic, financial, political, and tax related information and theory) necessary to service Firm’s target client market.
    • Create Firm commentary and other correspondence for dissemination to clients and outside sources.
    Client Management Responsibilities:
    • Develop, coordinate, oversee preparation and conduct presentations and review meetings.
    • Identify and confirm client needs for development and maintenance of Investment Policy Statement (IPS) in accordance with their stated objectives.
    • Collect data, construct and present cash flow analyses.
    • Guide clients in developing asset allocation strategy.
    • Prepare and present investment implementation strategy.
    • Educate clients regarding their current investment strategy, related portfolio analytics and tax information.
    • Communicate ICC’s outlook on current investment, economic, and political environment.
    • Prepare and conduct 401(k) participant education meetings.
    • Oversee and ensure promised services and activities resulting from client meetings are completed.
    • Maintain confidentiality and serve clients with the highest integrity and professionalism as well as demonstrate a strong commitment to provide quality service.
    • Strong investment knowledge with ability to present complex information in a manner that enables clients to make informed investment decisions.
    • Commitment to Firm values, mission and ethical standards.
    • Commitment to continuous learning and staying well-informed of developments, trends, practices and legalities in the investment consulting industry.
    • Detail-oriented with high degree of accuracy.
    • Ability to excel in a dynamic, fast-paced environment.
    • Provide a model for hard work, timeliness, and positive attitude.
    • Ability to mentor and train ICC team members.
    • Self-motivated with ability to work independently and under direction.
    • Work collaboratively with others, doing whatever is needed, big or small to achieve a successful outcome.
    • Extensive knowledge of existing investment management consulting and business software as well as propensity to master new programs.
    • Bachelor’s degree required
    • Advanced degree and professional designations preferred (CFA, CIMA, CFP, etc.)
    • Minimum of seven (7) years of investment industry experience
    • Advanced analytical skills and math aptitude.
    • Experienced and articulate presentation, written and verbal communication skills
    • Excellent interpersonal skills
    • Advanced Microsoft Office proficiency
    To Be Obtained:
    • Series 65 or equivalent
    • Certified Investment Management Analyst (CIMA)
    • Accredited Investment Fiduciary Analyst (AIFA)
    • Other accreditations and/or certifications as required
    Travel Requirements:       Minimal

    To Apply:  Please submit resume and cover letter to Lynn LeMond at

    Tuesday, January 15, 2013

    Trading Administrator - Chicago

    Title: Trading Administrator (0485-984512)
    Location: Chicago, IL
    Dates: Start ASAP
    Compensation: Depends on experience

    Work with all parties involved to ensure timely and accurate settlement of all trades
    Work with trading desk to ensure that the cash is in line for all accounts managed
    Reconcile trades to broker confirmations at the end of the day for our Japanese clients and send reconciled trade report to client daily
    Work with Portfolio Management team to ensure that all applicable Proxies are voted
    Assist in the preparation of monthly and quarterly reports for distribution to clients and or their trustees
    Track and resolve all trade errors

    BA in business or related field
    Minimum 1-3 years experience in securities settlement
    Strong attention to detail
    Strong computers skills in MS Excel and Word
    Global settlement experience, a plus
    Knowledge of derivatives transactions, a plus
    Knowledge of Omgeo CTM and Advent Moxy / Axys, or similar systems, a plus

    If interested in the role, please promptly respond and attach your resume:
    Zach Stierhoff, BCI - Financial Services Recruiting,

    SFP Transition Specialist, PAAMCO - Irvine

    Job Title:  SFP Transition Specialist
    Firm: PAAMCO
    Reports to:  Manager, Investment Implementation and Monitoring
    Status: Full-time / Exempt
    Salary: Competitive Base Salary + Annual Bonus

    Separate Fund Platform Description:   The Separate Fund Platform (SFP) is PAAMCO’s proprietary platform used to structure separate, frequently customized portfolios with underlying hedge fund managers.  Each portfolio operates and invests separately and is subadvised by a hedge fund manager selected by PAAMCO’s Investment Group.  The SFP Team of eight is part of the Investment Operations Group and oversees the operations of the platform, including the hiring of all third party service providers.

    Job Description:  The SFP Transition Specialist is an integral member of PAAMCO’s Separate Fund Platform team responsible for all transition and documentation related matters on the platform.  The Specialist will work with internal and external professionals including the SFP service providers to ensure that all transition responsibilities are being met.  Responsibilities include, but are not limited to:

    • Manage all facets of the manager launch and termination processes
      • Participate in and manage contract negotiations
      • Work with service providers to setup and open accounts
      • Ensure that all structural requirements to run the account are in place
      • Integrate new portfolio and manager/subadviser into SFP and PAAMCO operations
      • Participate in due diligence team meetings and keep due diligence team updated on any issue
    • Lead service provider transitions
      • Facilitate the setup of new accounts with existing service providers
      • Setup of new prime brokerage and ISDA relationship 
    • Facilitate existing manager changes
      • Manage the addition of new service providers, product types and/or country access
      • Work to implement manager agreement changes/update
    • Ownership and management of all non-compliance related documentation on the SFP
    • Responsible for operational oversight of assigned subadvisers on the platform, including
      • Daily portfolio guideline monitoring
      • Month-end review and sign-off
      • Overall relationship management
    Job Requirements:   Seeking a detail oriented self-starter with exceptional communication and project management skills.  The ideal candidate will possess a minimum of four years of hedge fund experience working directly with a hedge fund or a hedge fund service provider.  Also desirable is a Chartered Alternative Investment Analyst (CAIA) designation, Chartered Financial Analyst (CFA) designation or an individual working towards either designation.  The candidate must demonstrate strong communication skills, the ability to successfully manage multiple projects and ability to work in a dynamic team environment with shifting and/or increasing job responsibilities.   

    To Apply: Please submit resume and cover letter to PAAMCO Human Resources via email at

    Wednesday, January 9, 2013

    THIS POSITION HAS BEEN FILLED - DO NOT CONTACT: Investment Strategist, Chamberlain Group - Irvine, CA


    Chamberlain Group is an independent financial services organization that provides customized investment, insurance, and estate planning strategies to individuals, families and corporations who wish to preserve and grow assets for generations.  For over 35 years, we have been a market leader as an open architecture, fee based investment advisory firm helping our clients build and protect net worth.  We place a high value on the enduring nature of our client relationships, the quality of our products and services, and the continuity and integrity of our people.

    We are currently seeking an Investment Strategist who is experienced and comfortable working within a team environment.  This position will be responsible for assisting the firm in:   

    ·        Research and Due Diligence – Perform ongoing due diligence on existing money managers and help identify and research new potential managers.  Research traditional long managers, mutual funds, alternative investment strategies and provide recommendations for investment clients.

    ·        Portfolio Design – Develop clients Investment Policy Statement and design an investment portfolio that incorporates the firm’s outlook and current fundamentals.  

    ·        Presentations – Create presentations for client meetings and industry events. Maintain marketing and presentation directory to ensure they have the current market and company data.

    ·        Client Communication – Maintain existing client relationships by answering client questions in regards to their portfolio and the market in general. Create client letters for reports and briefings. Conduct annual reviews with select clients and assist with tax loss selling letters and service orders for annual tax planning.  Create and distribute money manager and market commentary.

    • BA/BS degree in Business, Finance minimum. Masters degree or CFA preferred
    • Working knowledge of Microsoft Office required; Experience with Advent Axys a plus
    • Excellent communication, presentation and problem solving skills
    • Superior skills in organization, time management, prioritization, research and self-motivation
    • An understanding of investment management and overall securities market is essential
    • Must be a team player with a positive attitude

    To apply: Send resume to Stephanie Vail,

    Risk Analyst/Associate, Armilla Advisors - Newport Beach

    The Role: Hedge Fund Risk Analyst/Associate
    Reporting to: Sr. Risk Manager
    Location: Newport Beach, CA, USA
    Salary Level: Competitive

    Job Specification:
    The Risk Analyst/Associate will be part of the Armilla Advisory Risk team tasked with assessing and monitoring many types of investment funds on behalf of institutional clients.  
    The Hedge Fund Risk Analyst/Associate is tasked with understanding and quantifying the risks involved in the different strategies/funds. Should you be successful in your application as a member of our firm you will be involved in the analysis and reporting of the risks associated with the different funds. As a member of the risk team your main responsibility will be the risk assessment of our hedge fund investments. The risk assessment is an element of the initial due diligence prior to investment as well as a part of the ongoing monitoring of our clients investments. It involves a detailed understanding of the strategy and the subsequent analysis of market risk, concentration risk and liquidity risk (amongst other risks). The basis for this analysis is exposure and position reports as well as market information. In addition you will carry out tasks / analyses in areas of the general responsibility of the risk team.

    Key responsibilities:
    1. Conduct pre-investment risk assessment of hedge funds. Responsible for risk evaluation of each manager using positions and returns based analysis.  Key deliverables will be to document risk assessment and analysis for risk / investment committees.
    2. Conduct onsite risk reviews with fund managers as part the firm’s overall due diligence approach.
    3. Monitor risk and exposures of each manager on a frequent basis. This will include analysis of stress tests, sensitivities analysis and portfolio behavioral analysis.
    4. Produce Monthly risk reports
    5. Communicate hedge fund risks to clients looking to better understand their portfolios.
    6. Help develop internal risk monitoring tools.
    7. Work closely with Armilla clients on sourcing specific information on managers positions
    8. Aid in writing Risk insights and papers acting as a thought leader in hedge fund risk management
    9. Keep abreast of all market activities that can affect portfolios.
    Recommended background
    • 2-4 years’ experience with hedge funds investments and risk
    • Experience: Hedge Fund, FOHF, Managed Accounts, Risk Analyst, Hedge Fund Analyst
    • Strong knowledge of hedge fund strategies and associated risks
    • Strong knowledge of performance analysis techniques
    • Strong quantitative background: Recommended MFE, CQF or FRM qualifications.
    • Strong communication skills.
    • Technology skills: MatLab, Excel, SQL, C++, RiskMetrics, Algo, Measurisk, Barra, Northfield
    • Desirable: Chartered Alternative Investment Analyst (CAIA) or Chartered Financial Analyst (CFA) designation

    Armilla Advisors ®, LLC is a leading independent risk management advisory firm for asset management. Our mission is to assist institutional investors with the critical tasks of identifying, measuring, monitoring and managing the risks to which they are exposed. Unlike the traditional view of risk management being solved through systems and analytics, Armilla is positioned to span the gap between systems output and the increasing complexity of comprehensive risk management.

    About Armilla Advisors
    Armilla Advisors ®, LLC is comprised of recognized leaders in asset management risk with extensive backgrounds across the spectrum of financial firms in different roles. The firm is dedicated to offering strategic risk advisory solutions to asset managers and institutional investors globally. Armilla’s clients include hedge funds, public and private pension plans, foundations, endowments, and financial institutions. Based in Newport Beach, California, the firm is committed to meeting the needs and demands of its institutional client base both now and in the future.
    Our team is among the best qualified and most experienced in the industry — thought leaders whose insights are grounded in Armilla’s research-driven ethos.
    Armilla brings expertise in traditional and alternative investments to a range of clients including defined benefit and defined contribution employee benefit plans, endowments, foundations, and private wealth investment programs.

    To apply: Please send your cover letter, resume and salary requirements to and reference ‘Risk Analyst’ in the subject line.
    Contact:  Chief of Staff
    Phone: 949-467-9960

    Tuesday, January 8, 2013

    Senior Equity Analyst, Healthcare, C. K. Cooper & Company - Irvine

    Senior Equity Analyst, Healthcare
    @ C. K. Cooper & Company in Irvine, CA

    Role and Responsibilities
    The Senior Research Analyst will be responsible for the direct research, analysis, and valuation of small-cap publicly traded companies within the Healthcare sector.

    Qualifications and Education Requirements
    Minimum 2 years of Healthcare investment banking or research experience.
    Only candidates with FINRA Series 86 AND 87 will be considered

    Additional Notes
    C. K. Cooper & Company (MEMBER: FINRA/SiPC) is a leading boutique investment bank that offers insightful research, trading and investment banking capabilities. The firm also provides a sophisticated wealth management platform for individual and corporate clients. C. K. Cooper & Company has for over a decade provided insightful research ideas and commentary. As the firm identifies focus industries it brings together an analytical team to provide unique vision and insight to select investment ideas. In addition, leveraging on the expertise of the firm, the Research Team can evaluate opportunities against a wide database of industry and competitive trends.

    Regarding the position, please contact:
    Kamala Connors
    Research Coordinator
    C. K. Cooper & Company

    Mtg Loan Val Analyst - Washington D.C.

    Title: Mortgage Loan Valuation Analyst (882-001-111)
    Location: Washington D.C. area
    Compensation: Commensurate with Experience

    Summary: The incumbent produces mortgage loan interest rate risk, hedging, and income forecasting information for the mortgage pipeline, portfolio whole loans and mortgage servicing rights portfolios using the QRM Framework and/or other sophisticated valuation software.   The incumbent models, assesses, and tracks mortgage loan and MSR portfolio risk from all applicable dimensions.  Relies on experience and judgment to communicate salient risk factors and portfolio performance to senior management.

    • Prepares accurate and timely mortgage loan and mortgage servicing rights (MSR) valuations, hedging, and income forecasting measurements, projections, and risk statistics using sophisticated valuation software.
    • Participates in the development of reports and analyses that focus management’s attention on the most significant elements of the mortgage pipeline (closed loans and rate locks), hedging strategies and vehicles, and changes in the market value of the mortgage servicing rights portfolio; analyzes corporate income and hedge performance against objectives and limits.
    • Participates in the data and assumption loading, reconciliation, and validation processes in QRM or other models used in support of the interest rate risk and income forecasting functions of the credit union.
    • Uses analytical tracking methods to benchmark and validate model assumptions and output including market prices, mortgage prepayment modeling, fallout, volatility modeling, forecasted product rate and volume mix, and MSR discount rate and revenue/cost functions.
    • Develops sophisticated analytical methods for the purpose of analyzing such elements as new product pricing and risk relationships, vintage/cohort product performance, mortgage loan purchase/sale opportunities, and the impact from other regulatory/compliance policy changes.  Helps formulate product strategy recommendations for Senior Management and the Board of Directors.
    • Leads departmental projects as requested by management.  Coordinates with senior management, middle managers and supervisors in all functional areas of the credit union in the accomplishment of assigned duties.  Interacts with internal and external Auditors and Examiners.
    • Delivers oral and/or written briefings and reports to department managers, Senior Management, the Asset Liability Management Committee, the Financial Management Committee, and/or the Board of Directors related to the interest rate risk, hedging, and income forecasting results of the credit union’s mortgage-related assets.
    • Maintains a broad knowledge of the US residential mortgage market including mortgage-backed securities and other fixed income instruments, GSE loan purchase and secondary marketing activities, interest rate derivatives (e.g. swaps, caps, etc.), option pricing theory, mortgage prepayment modeling and interest rate risk measurement concepts such as duration, convexity, vega, basis risk, etc.
    • 5-7 years work experience in a financial institution using sophisticated asset/liability management, valuation, or derivative pricing models that forecast uncertain cash flows for risk measurement.
    • QRM Balance Sheet Management, Mortgage Banking, or Mortgage Servicing system experience preferred.
    • Advanced degree in finance, economics, mathematics, or another quantitative discipline and experience that provides the necessary skills and knowledge to satisfactorily perform the essential job functions.
    • MBA/CFA professional certification preferred.
    • Proven project management skills
    • Ability to multi-task
    • Excellent interpersonal, oral and written communication and organizational skills required
    • Ability to condense highly technical subject matter into clear and effective communications to senior management

    If  interested, email your resume as an MS Word attachment to

    Zach Stierhoff
    BCI - Financial Services Recruiting
    312-460-8111 x102