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Portfolio Manager

Company: Geode Capital Management LLC
Location: Boston, MA
Posted on: October 16, 2020

Job Description:

Duties: Responsible for all aspects of portfolio management including, managing stock positions, cash and risk management, reinvestment of dividends, and trading of portfolios. Informs investment decisions by analyzing financial information to forecast business, industry, or economic conditions. Prepares plans of action for investment, using financial and technical analyses. Monitors fundamental economic, industrial, and corporate developments by analyzing information from financial publications and services, investment banking firms, government agencies, trade publications, company sources, or personal interviews.

Primary Responsibilities:

Manages the investment process ensuring performance targets are met.

Manages sub-advised mutual, Exchange Traded Funds (ETFs), and separate account portfolios to ensure all are managed within their investment objectives.

Manages client specific mandates and integrates data from cash and accounting systems to inform investment decisions.

Manages portfolio exposure within investment processes including, assessing active risk and determining differences and contributors to risk.

Monitors the specific active risk exposure of investment strategies on a daily basis and takes appropriate action as needed to manage tracking errors.

Analyzes risk reports, monitors day-to-day cash flows, and calculates trades to maintain portfolio index or targeted mandates from stock, industry, sector, and international countries perspective.

Manages the currency exposure in international funds and trades foreign currency balances as needed to match equity trades.

Builds trade lists, using market data, internal processes, and information from current market environments.

Performs reporting by analyzing costs and exposure within different countries, industries, sectors, and corporate actions.

Develops trading strategies to produce best client investment outcomes.

Conducts monthly performance attribution analysis.

Verifies sources of returns in funds and identifies impact created from cash flow and future trading, and mismatches between benchmark and tax implications.

Provides guidance and insight to the performance team to identify and resolve discrepancies in attribution reports and issues with systems providing incorrect data.

Assists in preparing client fund exposure and risk reports.

Interprets data on price, yield, stability, future investment-risk trends, economic influences, and additional factors affecting investment programs.

Requirements: Masters degree (or foreign education equivalent) in Mathematics, Financial Engineering, Computational Finance, Business Administration, or a closely related field and three (3) years of experience in the job offered or three (3) years of experience managing U.S. and international index equity portfolios. Candidate must also possess: Demonstrated Expertise (DE) managing market-capitalization and factor-based passive equity funds -- commingled, trust, sub-advised mutual funds, separately managed accounts, ETFs that are benchmarked to the U.S. and are internationally developed, emerging markets, and thematic and ESG indices; and verifying benchmark data, using index methodologies from index providers -- S&P, Dow Jones, Russell, MSCI, and Stoxx; DE coordinating new fund launches and managing existing funds, using portfolio construction techniques -- replication or optimizers (Axioma); trading cash flows, derivatives (futures), and foreign currencies; and managing stock, and country, sector, and foreign currency exposure; performing benchmark rebalances; and conducting client portfolio reviews; DE performing portfolio trading and attribution analysis, using financial software Bloomberg and Factset -- and Order-Management-Systems (OMS); analyzing corporate actions -- right issues -- and determining value-added options for funds; and collaborating with trading teams and developing and implementing trading strategies to manage liquidity and risk and return trade-offs; DE analyzing cross-functional business workflows and assessing data flows and process improvements across investment applications throughout the Software Development Lifecycle (SDLC); creating business requirements for system enhancements and working with IT teams to automate manual processes to reduce business risk; and testing new features via black-box testing methodology.

To apply for this position, please send an email containing cover letter and resume to careers@geodecapital.com. Please reference PORTFOLIO MANAGER in subject line.

Keywords: Geode Capital Management LLC, Boston , Portfolio Manager, Finance , Boston, MA, Massachusetts


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