Asset Management - 55ip Portfolio Oversight - Associate

Chase- Candidate Experience page • Boston, MA

119d

About The Position

Working at 55ip means standing at the intersection of finance and technology—and at the cutting edge of wealth management. We’ve been making rapid progress on our mission: to break down barriers to financial progress for financial advisors and their clients. Our Boston- and Mumbai-based team has built and brought to market a tax-smart investment strategy engine delivering an intuitive experience and intelligent automation. Driven by strategic partnerships with world-class asset management firms, such as BlackRock and J.P. Morgan, we’ve experienced breakthrough growth over the last year. Today, over 300 financial advisor firms with $300 billion in assets (and counting) are using 55ip. As the Portfolio Implementation & Oversight Associate within the Platform Management and Strategy Team, you will be responsible for the day-to-day oversight of 55ip’s portfolio implementation platform, focusing on client portfolio investment and tax outcomes. You will collaborate with various functional teams, external partners, and clients, acting as a subject matter expert to support ad-hoc analyses, new product development, and strategic initiatives.

Requirements

• Bachelor's degree in finance or economics.
• 3+ years of experience in an Investment and/or Wealth Management environment, particularly with a focus on client portfolio implementation, investment oversight/governance, and/or wealth management platform/tech experience.
• Passion for financial markets and technology in the asset and wealth management industry.
• Understanding of ETFs, mutual funds, model-portfolios, separately managed accounts, and direct indexing.
• Knowledge of basic statistics and quantitative analysis method, strong Excel skills.
• Strong data analysis and visualization skills.
• Excellent verbal and written communication skills.
• Strong attention to detail with the ability to conceptualize and learn complex financial data.
• Ability to manage multiple projects and work well under pressure while handling large workloads and short timelines.
• Ability to work cooperatively and collaboratively with all levels of employees and management.
• Ability to work effectively in a highly collaborative, team-oriented environment.

Nice To Haves

• Demonstrated interest and/or progress towards CFA designation preferred.

Responsibilities

• Analyze and review client portfolio trade orders, ensuring alignment with intended investment and tax outcomes.
• Produce, analyze, and support presentation of periodic platform-level portfolio oversight reporting.
• Conduct ad-hoc client and internal analyses related to client portfolio investment and/or tax-management outcomes.
• Develop a practical expertise of 55ip’s tech-enabled portfolio implementation and tax management capabilities and be able to provide support and develop solutions for internal teams, external partners, and clients.
• Partnering internally across Quantitative R&D, Product, Tech, Ops, and Client Facing teams.
• Support the error correction process, providing analysis and oversight of error remediation action.

What This Job Offers

• Education Level: Bachelor's degree