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.
Manages the investment process ensuring performance targets are
Manages sub-advised mutual, Exchange Traded Funds (ETFs), and
separate account portfolios to ensure all are managed within their
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
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
Develops trading strategies to produce best client investment
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 email@example.com. Please
reference PORTFOLIO MANAGER in subject line.