- Location
- Los Angeles, California
- Workplace
- Remote
- Type
- Full-time
- Department
- Management
- Seniority
- Entry
- Source
- RecruiterFlow
Description
Job Description
Our client is an entrepreneurial start up RIA located in the Los Angeles area managing $130+ mil AUM and servicing HNW mid career professional clients. The firm is seeking an Associate Portfolio Manager who is a key member of the wealth management team supporting portfolio management, client reporting, trade processes, and problem resolution. This is a remote position.
The successful Associate Portfolio Manager candidate will work closely with the lead Wealth Advisor and Portfolio Manager to ensure integrity of the investment process and ability to articulate technical, or problem solving information clearly to the team. This position requires strong communication skills, attention to detail, positive professional attitude, and ability to work in a fast paced team environment.
Duties and Responsibilities
The Associate Portfolio Manager can expect to focus their work in the following areas:
- Maintain portfolio accounting and investment trading systems, interface with all areas of the firm
- Strong knowledge of portfolio administration such as fund transfers and withdrawals, tax strategies, capital gains, and losses, calculation of stepped-up cost basis
- Perform research, including writing research reports on holdings under management
- Communicate market events and portfolio strategies
- Handle cash management on a daily basis
- Create and verify client performance reports
- Perform daily and weekly electronic reconciliation of systems to custodial records
- Knowledge of equity compensation a plus
- Ability to demonstrate specific examples of experience with UHNW clients and investment operations background
- Strong collaborative work ethic, problem solving and proactive approach, ability to demonstrate methods of efficiency and provide recommendations for workflow systems improvement to contribute in a fast-paced performance-driven environment
- Ability to demonstrate achievements and contributions to scaling business
- Polished communication skills and ability to interact professionally with clients and office personnel. This includes both written and verbal communication
- Ability to work independently
- Experience with the Schwab custodial platform, Orion, Wealthbox is preferred
- Proficient in Microsoft Office; Excel, Word, Powerpoint, Google docs
- Strong technology skills in Video Chat, Google docs, and CRM preferred
Associate Portfolio Manager Qualifications
- Bachelor’s Degree from an accredited college or university
- Series 65 License
- CFA preferred but not required
- DFA experience preferred
- A friendly professional demeanor and ability to excel in a team oriented environment
Required Education
- Bachelor’s Degree
Job Type and Benefits
- Remote
- Full-time
- Paid Time Off
- Health Insurance
- 401k Plan
Job Type: Full-time
Salary: $150k – $185k total comp range depending on experience, base salary, eligible for bonus, incentive benefits
About Us
Advisor Business Solutions provides staffing, strategic marketing and training services for financial services, government, and corporations nationwide. Our 20+ year industry background offers the expertise and resources to deliver exceptional results and experiences to our clients.