Equities Portfolio Analyst I

Ameriprise • New York, NY

3d • $115,000 - $140,000 • Hybrid

About The Position

The Equities Portfolio Analyst supports a Direct Indexing team that manages quantitatively oriented, tax-efficient separately managed account (SMA) strategies. The role was created to support growth in assets under management. It focuses on preparing proposals for prospective clients, assisting portfolio managers with account rebalancing, and improving operational processes. The analyst interacts with Sales, Product, Investment Technology, and other internal partners.

The position is full-time and exempt. Employees work in the office at least four days per week, with flexibility to work from home one day per week; some roles may have different or additional in-office expectations, which are discussed during hiring. The estimated base salary is $115,000–$140,000 per year. Total compensation may vary based on job-related factors, and many roles are eligible for variable pay. The company describes its benefits program as including vacation time, sick time, a 401(k), and health, dental, and life insurance.

Requirements

• 2–5 years of industry experience.
• Bachelor’s degree and commitment to pursuing the CFA designation.
• Knowledge of equity markets, modern portfolio theory, and investment concepts.
• High proficiency using Excel.
• Proficient writing and presentation skills.
• Valid work authorization that does not now or in the future require visa sponsorship for employment in the United States.

Nice To Haves

• Microsoft VBA and Python programming skills are preferred.
• Familiarity with multi-factor risk models, portfolio optimizers, FactSet, and/or Bloomberg.
• Exposure to AI and generative AI technologies.

Responsibilities

• Oversee and manage client proposals demonstrating the tax and risk impacts of transitioning prospective clients’ portfolios to a tax-efficient strategy.
• Troubleshoot proposal issues, pursue supplemental analysis when needed, and explain results to internal partners.
• Identify operational efficiencies and coordinate with software engineers to improve or develop tools for portfolio management, account onboarding and servicing, or business development processes.
• Support Portfolio Managers in rebalancing accounts.
• Respond to client requests such as cash additions, cash raises, and gifting.
• Collaborate on research into new strategies and new applications of existing strategies.

Benefits

• Vacation time
• Sick time
• 401(k)
• Health insurance
• Dental insurance
• Life insurance
• Variable pay may be available in the form of a bonus, commissions, and/or long-term incentives, depending on the role.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level