Portfolio Implementation Associate
About The Position
The Portfolio Management Group (“PMG”) is responsible for portfolio implementation and supports the global portfolio management teams by authorizing and implementing portfolio decisions, and serving as the contact point with the trading desks, operations and sales teams. Functions may include portfolio construction, monitoring asset exposures and allocations, managing client specific requests, tax management, monitoring pre-trade client guideline compliance and exception resolution. Portfolio Implementation Associates initiate trades and monitor the portfolios on an ongoing basis. Portfolio Implementation Associates develop a deep understanding of AB’s investment products and operational policies and procedures. Specific Responsibilities will include: Implementing investment decisions for individual equity accounts Day to day monitoring of portfolio positioning, trade executions, cash management and compliance with client guidelines Addressing client requests and managing events throughout the client’s life cycle, such as cash flows, transitions, and account openings and closings. Private Wealth PMG manages hundreds of transactions per week and the PIA is responsible for contributing to this volume. Liaising with other departments internally, including Senior Portfolio Managers, Research Analysts, Legal/Compliance, Sales/Marketing, Trading, and Investment Operations/Accounting Project-based initiatives related to trade implementation product design and process improvement
Requirements
- Bachelor’s degree candidates in business, finance, economics, math, computer science, engineering, or liberal arts
- 1-3 years of wealth management or financial operations experience
- Candidates must be able to work in the U.S. without visa sponsorship (now or in the future)
Nice To Haves
- Previous experience with US Equity operational product design a plus
Responsibilities
- Implementing investment decisions for individual equity accounts
- Day to day monitoring of portfolio positioning, trade executions, cash management and compliance with client guidelines
- Addressing client requests and managing events throughout the client’s life cycle, such as cash flows, transitions, and account openings and closings.
- Liaising with other departments internally, including Senior Portfolio Managers, Research Analysts, Legal/Compliance, Sales/Marketing, Trading, and Investment Operations/Accounting
- Project-based initiatives related to trade implementation product design and process improvement
Benefits
- health insurance
- dental insurance
- vision insurance
- life insurance
- disability insurance
- 401k
- flexible scheduling
- paid holidays
- professional development
- learning and development program
- employee discount programs
- wellness programs
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
