Investment Associate

MRA Recruiting Services•Waukesha, WI

About The Position

The Investment Team Associate supports portfolio management, investment research, and operational processes across the firm’s investment platform. The role collaborates with advisors, analysts, and operations teams to help execute investment strategies and provide an exceptional client experience. The associate prepares portfolio analyses and investment recommendations, taking into account client-specific allocations, risk tolerance, liquidity, tax considerations, cash-flow needs, and related investment and operational factors. The role also prepares and verifies client review materials and supports daily trading activities, including rebalancing, trade implementation, monitoring execution and settlement, assigning tax lots, and maintaining compliance documentation. MRA is a nonprofit employer association founded in 1901 that serves more than 4,000 employers, covering more than one million employees. MRA provides member organizations with HR services, information, education, and resources, and partners directly with companies and their HR departments and leadership to help hire talent.

Requirements

Proficiency in Microsoft Excel.
Ability to process detailed tasks accurately within time constraints.
Strong analytical and quantitative skills, including the ability to interpret financial and investment data.
Excellent attention to detail and ability to manage multiple priorities.
Strong communication skills and ability to write clearly and professionally.
Ability to work independently and collaboratively within a team.
Ability to coordinate responsibilities with team members across departments.

Nice To Haves

Bachelor’s degree in Finance, Economics, Business, or a related field.
1–3 years of experience in the investment industry.
Experience with Wealthbox and ClientWorks.

Responsibilities

Prepare initial portfolio analyses for prospective clients.
Update clients’ Portfolio GPS to reflect current IAG allocations.
Create detailed investment recommendations considering current and target allocations, risk tolerance, liquidity, equity stylebox balance, risk-adjusted performance, tax consequences, RMD status, annuity restrictions and upgrade opportunities, staff time, costs, systematic withdrawals, and client cash-flow needs.
Prepare clean Portfolio GPS and Investment Recommendation worksheets for client reviews.
Support the trading specialist as an associate trader, including weekly model rebalancing.
Implement and confirm daily trades, including Disciplined Cash Implementation Strategy, tax-reduction trading, and share-conversion strategies.
Monitor order routing, best-execution practices, and trade settlement to minimize errors and discrepancies.
Ensure timely and proper implementation of recommended client portfolio changes.
Assign tax lots to enhance tax efficiency.
Monitor modeled accounts weekly and quarterly and rebalance them based on drift analysis.
Identify opportunities to improve efficiency, reduce errors, and increase data accuracy.
Verify that systematic trades align with client cash flows.
Ensure trading activities comply with SEC and FINRA requirements and internal standards, and maintain trade documentation and audit trails for reporting.