Wealth Management Solutions, Portfolio Manager, Associate

JPMorgan Chase & Co. • Columbus, OH

6d

About The Position

The Portfolio Management Group (PMG) is the implementation engine for Private Banking's discretionary investment business, providing leverage for investment advisors and other front office partners as they pursue the Firm's growth initiatives. PMG is responsible for implementing the investment strategy and portfolio construction as dictated by the Private Banking Strategy team. PMG rebalances and manages risk in accounts across our investment management and trust portfolios.
The Portfolio Manager will have the following responsibilities:
Implementation of portfolio construction based on Strategy team's calls and investment vehicle selection
Maintain knowledge of the investment solutions utilized throughout Private Banking, including, mutual funds, exchange traded funds, structured notes, hedge funds, and separately managed accounts
Maintain knowledge of each account's unique requirements and sensitivities
Review and trade portfolios, manage orders and execute trades across managed account business including the following: New account initial investing and phase in Timely implementation of strategic and tactical shifts when announced by Portfolio Construction
Monitoring cash and security activity in clients’ accounts
Liquidating accounts
Monitoring accounts for model drift and strategy deviation
Relationship management with internal clients (client facing teams)
Work with various internal partners to complete business initiatives

Requirements

• Bachelor's degree in a finance - related discipline with a minimum 3.3/4.0 GPA.
• 3+ years’ work experience in financial services industry with Private Wealth Management experience preferred
• Demonstrated solid understanding of investments with keen interest in broadening knowledge of portfolio management
• Demonstrated track record of building relationships with internal and external partners
• Prior experience operating within a risk framework

Nice To Haves

• CFA or progress toward attaining CFA designation preferred, but not required

Responsibilities

• Implementation of portfolio construction based on Strategy team's calls and investment vehicle selection
• Maintain knowledge of the investment solutions utilized throughout Private Banking, including, mutual funds, exchange traded funds, structured notes, hedge funds, and separately managed accounts
• Maintain knowledge of each account's unique requirements and sensitivities
• Review and trade portfolios, manage orders and execute trades across managed account business including the following: New account initial investing and phase in Timely implementation of strategic and tactical shifts when announced by Portfolio Construction
• Monitoring cash and security activity in clients’ accounts
• Liquidating accounts
• Monitoring accounts for model drift and strategy deviation
• Relationship management with internal clients (client facing teams)
• Work with various internal partners to complete business initiatives

Benefits

• We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location.
• Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.
• We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees