Performance & Attribution Associate

Jackson • Chicago, IL

8d

About The Position

If you are an internal associate, please login to Workday and apply through Jobs Hub. Working at PPM America, Inc. PPM is a US-based institutional asset manager. Established in Chicago in 1990, PPM exists to consistently support institutional clients in achieving their long-term value goals. We offer our Midwestern mentality of hard work, straight talk, full transparency and humility. Our success is supported by a team-based culture that encourages debate, collaboration and consistency. At the center of our belief is the fact that our best ideas to date have and can come from any team member anywhere in our firm. We believe the success of our investment culture is best demonstrated by the strong retention of our clients and investment professionals. PPM was again named one of the Best Places to Work in Money Management by Pensions & Investments in 2024. We attract professionals who exhibit humbleness, directness, and dedication. PPM’s values guide our internal conduct and help define the type of relationships we share with our investors, affiliates, and other valued partners. Above all, PPM is passionate about giving back to our clients, to each other, and to our community. We understand that community and purpose are just as important as the job description when finding your next career. Values At PPM, our values are reinforced in our culture every day. We act like owners. Integrity guides all that we do, and we are committed to exercising sound judgment in every decision that impacts the company and serves our clients. We are passionate about investment performance and driving results. We are relentless in our efforts to provide best in class service. We strive to build strong and lasting relationships with our clients, seeking to gain trust in everything we do. We work collaboratively with transparency and accountability. We operate as a team. We rely on each other, are accountable to each other, and respect each other. We value differences and unique perspectives and embrace the principle that great ideas can come from anyone. We embrace change. We are not afraid to challenge the status quo in search of a better, smarter or faster solution. We value learning, challenge ourselves and motivate others. We are also committed to positively impacting our community. As a firm, we invest time, experience and fundraising efforts with our non-profit partners. Portfolio Services The Portfolio Services Department is a dynamic, fast-paced team that provides a broad spectrum of operational support to PPM and a fiduciary oversight of its clients’ investments and assets. The Department supports nearly all asset management activities in the trade lifecycle, including portfolio management, trade execution, and client reporting. Functionally oriented teams include Public & Private Investment Operations, Derivatives Administration, Performance Analytics, Data Management and Business & Product Reporting. A high level of collaboration coupled with extensive cross-training promotes flexibility, scalability and professional development across the department. Portfolio Services is centrally positioned to engage with all of PPM’s investment and administrative teams to meet the firm’s strategic objectives. The department maxim is to be indispensable to our clients through timely, complete and accurate execution of roles and responsibilities. Job Purpose The Performance Analytics team provides centralized and coordinated reporting and analysis support for PPM's many business units and clientele. The Performance Analytics team leverages the organization through operating depth, developed skills, use of technology, process optimization, and clear operating accountabilities. The Performance & Attribution Associate compiles, verifies, and reports performance attribution results for a group of portfolios. Based upon knowledge of the portfolio management strategies and detailed review of performance contributors, writes performance commentaries and prepares portfolio summary reports for both internal and external clients. This role involves data and information fulfillment activities for the assigned portfolios, as well as updates of non-performance materials such as marketing presentations. Process and workflow review activities are required, as well as coordination of information flow and dissemination between multiple business units. This role involves significant interaction with internal clients – portfolio managers, quantitative research, administration, and marketing, as well as external clientele and market participants.

Requirements

• Proven ability to work effectively with a team in a fast-paced environment.
• Broad knowledge of investment products and accounting.
• Thorough understanding of investment performance measurement, GIPS reporting principles, and performance attribution concepts.
• Excellent computer skills with high proficiency in Microsoft Office products.
• Ability to prioritize and independently manage multiple assignments and clientele simultaneously.
• Experience preparing reports, analysis, and presentations for management and clients.
• Highly motivated self-starter with a desire to grow professionally and develop a mastery of his/her role and responsibilities.
• Unquestionable professional integrity.
• Bachelor's Degree , preferably in Finance, Economics, or business related discipline required.
• 3+ years of relevant work experience within the financial services sector required.

Nice To Haves

• Experience with StatPro, Aladdin, Wall Street Office, Bloomberg, Lipper, and/or Morningstar Direct is highly preferred.
• Advanced degree or progress toward preferred.
• Industry designations such as CFA, CIPM, CPA upon hire preferred.

Responsibilities

• Validate and publish performance attribution, analytics, and risk reports for various stakeholders within and outside of the firm.
• Analyze performance attribution contributors on security, sector, and other relevant attributes, and produce relevant portfolio commentary.
• Provide reconciliation and analysis support for a performance attribution project.
• In coordination with the Marketing & Communications and Business Development groups, prepare periodic portfolio reports including commentary, performance, and analytic summaries.
• Deliver portfolio data extracts to internal and external clients as requested.
• Maintain performance attribution reporting and analysis software.
• Utilize various systems and applications and provide recommendations on enhancements and process improvements.
• Interface with IT and Development staff when and as applicable.
• Utilize and develop desktop tools and database applications for leveraging data management, data manipulation, and data integrity.
• Performs other duties and/or projects as assigned.

Benefits

• Competitive salary and bonus
• Medical, dental and vision coverage
• 401k retirement plan with dollar-for-dollar matching contributions (up to 6% of salary)
• Tuition and professional certification reimbursement
• Paid parental leave
• Adoption assistance
• Holidays and paid time off
• Paid time off to volunteer

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 101-250 employees