Portfolio Analyst

NFP•Pleasant Hill, CA

12d•$85,000 - $117,000

About The Position

The Portfolio Analyst will work closely with our Asset Managers and the SVP of Asset Management on client matters such as analyzing client’s current portfolio, reviewing wealth management analyses, and making asset allocation recommendations. The Portfolio Analyst will contribute to liaison efforts between Portfolio Management Teams and our Asset Managers and associates in regards to overall asset allocation and market updates while performing due diligence on specific investment choices and vendors. One of the main purposes of this role is to give Asset Managers and Advisors (Relationship Managers) valuable analysis and insights into prospects and existing client portfolios in order to assist in pitches and reviews via our portfolio analysis and planning software. The analyst therefore plays a valuable role in indirectly gathering assets and maintaining healthy client relationships. They provide value to the client through their work in establishing appropriate asset allocations and identifying weaknesses and or strengths in their investment portfolios (whether they are invested with us or not). In addition, the Portfolio Analyst is the main point of contact for operationalizing our analysis and due diligence software while providing secondary coverage to managed and brokerage portfolio trades. This role requires keen attention to detail and must be comfortable speaking to internal and external clients. In this capacity, the analyst is responsible for trade execution and trade strategy. The role also requires maintaining and updating software and programs used by the asset management team.

Requirements

Experienced with broad asset class categories such as equity, fixed income and alternative investments
Experienced with broad range of investment vehicles: open and closed ended funds, private offerings, process and event driven alternatives, and separately managed accounts
Knowledge of applicable industry regulation and practices and competitors
Writing and delivering attribution analyses
Ability to converse directly on capital markets and economic fundamentals
Experienced with due diligence reviews of money manager solutions
Variable annuity solutions and optional riders
Advanced time management skills
Understanding of the regulatory regime (SEC, FINRA, DOL, IRS) which covers the business enterprise
Able to think strategically and ask probing questions with confidence
Excellent listening, communication and presentation skills
Documentation skills and note taking acumen
Willingness to be mentored by multiple parties in leadership and client portfolio management
Prior experience with portfolio accounting, order or trading, billing, compliance, reporting, performance or CRM systems
Recommend improvements to systems that drive operational efficiencies
Possess an intellectual curiosity about the capital markets and economy
Fosters atmosphere of learning
Possess an intellectual curiosity about the business
High degree of organizational skills
Understanding dependencies and project sequencing
Results, delivery oriented
Possesses a guardian instinct; protect the firm
Communication is crisp, flat and often
Team oriented; Demonstrates a service attitude
Collaborative work style and commitment to get the job done
Maintaining positive working environment
Proactive; Self-Starter
Demonstrates a service attitude
Strives for Operational excellence
Drive mindset that change is our competitive advantage
4-year college degree
5 years of broad financial services background or general portfolio management experience
Client facing communication a plus
Series 7 required
Series 66 preferred (will need to obtain)

Nice To Haves

Life & Health
CFA, CFP or CIMA a plus

Responsibilities

Participating member of the firm’s Investment Committee
Participating member of the firm’s Annuity Committee
Participating member of the firm’s Complex Product Committee
Contributing member of large (up to 150 participants) market update and training calls
Analyzes performance, style, and risk measures for investment portfolios.
Reviews client’s account(s) and prepares portfolio reviews at the request of Relationship Managers and Asset Managers. This includes portfolio review, portfolio observation write-ups, reinvestment analysis to show before and after strategy implementation and Monte Carlo simulations.
Recommends manager selections within managed accounts and variable annuities
Evaluates client’s outside accounts to make proper asset allocation recommendations.
Uses software tools to analyze clients’ outside accounts and current portfolio for proper allocation recommendations. Software tools include, Y:Charts, Right Capital, eMoney, Excel, Morningstar Annuity, Envestnet and Tamarac. Fidelity Institutional Trading platforms (Wealthscape). Security, Debt & Fund order entry.
Create “portfolio observations” for clients that bullet point questionable investment strategies within their overall portfolio and recommendations to better suit clients investment objective.
Performs due diligence on portfolio managers available within our broker/dealer to decide which will best fit the client’s needs and documents all due diligence conversations of the IC.
Keeps abreast of current market conditions and changes through vendor conference calls and market outlooks.
Provides analysis of new and existing vendors and reviews possible software and technology enhancements.
Continuously maintain and update software in order that data consistently stays up to date with ever-changing market environments.
Coordinate research and delivery of annual updates to capital market assumptions from Lenox Asset Management Committee and various external analyst desks, ensuring that data is then updated across platforms.
Assists Sr. Analysts, SVP of Asset Management, and Operations on special projects.
Act as one of the firm’s lead traders for unmanaged full-service brokerage accounts, while consistently maintaining managed trading readiness.
Maintain and update strategic model portfolios in Right Capital, rooted in firm’s capital market assumptions.
Provide ongoing support to newly developed investment and variable annuity solutions.