Wednesday, March 4, 2015

Portfolio Mgt Assoc - Los Angeles

Portfolio Management Associate - Los Angeles

Title: Portfolio Management Associate (982-1)
Location: Los Angeles, CA
Compensation: Commensurate with experience
Summary:
The Portfolio Management Associate is primarily responsible for ensuring that each account is invested according to the proper strategy model and within the guidelines and/or investment policy statements submitted by the client. This person will coordinate the implementation of trade programs, i.e., model changes, by disseminating trade instructions, generating pre-trade compliant trade tickets, and monitoring the execution of trades across the account base.
Responsibilities:
  • Implementing strategy models across assigned base of accounts/re-balancing portfolios within compliance of restrictions/guidelines/investment policy statements/maintaining trading models based on portfolio manager instructions/reviewing compliance reports/including for 1940
  • Act mutual fund accounts
  • New account trading/IPS review for institutional accounts
  • Supporting portfolio managers/communicating updates related to implementation of trade programs
  • Communicate model changes for Model-Only relationships/monitor variances
  • Distributing trading program notification
  • Maintaining composite groups/composite backup
  • Providing analysis/data for RFP's
  • Supporting Wealth Advisory department
  • Providing client service to outside constituents such as clients/consultants/brokers/some general administrative duties
Requirements:
  • Minimum three to five years of experience in a similar capacity at a buy-side investment management firm/registered investment advisor
  • Experience with asset allocation concepts
  • Knowledge of financial markets and instruments (sectors/industries/stocks/bonds/mutual funds)
  • Understanding of tax implications a plus
  • NASD Licenses a plus, i.e. Series 7
  • Commitment to/demonstrated history of productive/quality work
  • Proficiency in use of portfolio accounting systems (i.e. APL)/order management systems/CRM’s/Excel/Word/database software
  • Comfortable interacting with all levels/departments within the firm
  • Teamwork – ability to collaborate in a professional/constructive manner
  • Strong problem solving skills/ability to solve problems with disparate/sometimes incomplete information
  • Good time management/multi-tasking abilities/ability to work independently with limited supervision in high pressure environments
  • Excellent written/verbal communications skills
  • Detail oriented with a commitment to excellence/proactive/innovative 
 
Interested candidates should contact Zach Stierhoff, BCI 

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