Associate Portfolio Manager - Personal Wealth
About The Position
Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them. Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself. Reporting to the Chief Investment Strategist (CIS) the Associate Portfolio Manager is responsible for the day-to-day management and oversight of a separately managed account (SMA) managed by Empower’s Strategist Office and available through Empower Wealth. The Strategist Office develops Empower’s economic and market outlook and provides market perspectives to financial media, clients, and the general public. The role monitors portfolio positioning and performance, conducts investment and market research, collaborates with investment and trading partners, and supports client and external communications related to the strategy. This individual must be based in proximity to the Chicago, IL or Greenwood Village, CO office and is a hybrid position.
Requirements
- Bachelor’s degree required; degree in finance, economics, business, or a related field strongly preferred
- 7–10 years of relevant experience in investment management, portfolio management, investment research, or a related field
- Experience with portfolio optimization
- Proficiency with Bloomberg (BBG)
- Proficiency with Microsoft Office
- Strong analytical and quantitative skills
- Strong written and verbal communication skills
- Strong interpersonal skills and ability to collaborate effectively with investment, trading, and client-facing partners
- Ability to manage multiple priorities effectively
- Ability to develop compelling data visualizations
- FINRA Series 63 and Series 65 registrations, or Series 66 registration, required; full CFA can be used in lieu of registrations
- FINRA Fingerprinting required
- Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.
Nice To Haves
- Current CFA designation strongly preferred; or at minimum progress towards completing CFA (i.e. Level I or Level II passed)
- Experience conducting U.S. equity sector and industry research
- Experience with investment performance measurement and attribution
- Experience developing investment commentary or market outlook materials for client or external audiences
- Demonstrated persistence, creativity, and intellectual curiosity
Responsibilities
- Provide day-to-day management and oversight of the separately managed account (SMA), including running portfolio optimizations, monitoring position sizes relative to targets, and coordinating with the trading team on model and client account adjustments.
- Produce daily, weekly, monthly, and quarterly strategy performance and attribution reports and conduct ongoing portfolio and performance analysis.
- Lead regular investment meetings related to the strategy and collaborate closely with the CIS and the co-Portfolio Manager to identify market opportunities and risks.
- Conduct U.S. sector and industry research, including analysis of valuations and fundamentals.
- Support the development of quarterly and annual economic and market outlooks.
- Conduct ad hoc investment and market research to support internal and external needs.
- Co-author monthly external commentary regarding SMA positioning, performance, and market developments.
- Respond to client requests for information and support client and external communications regarding the investment strategy.
Benefits
- Medical, dental, vision and life insurance
- Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
- Tuition reimbursement up to $5,250/year
- Business-casual environment that includes the option to wear jeans
- Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
- Paid volunteer time — 16 hours per calendar year
- Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
- Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
