Portfolio Operations Analyst

Vestmark, Inc.

27d•$90,000 - $95,000•Hybrid

About The Position

Vestmark has been supporting clients’ direct indexing solutions for more than a decade. As we embark on our next stage of growth and evolution, Vestmark Advisory Solutions seeks an analyst to assist portfolio managers in the day-to-day management of direct indexing and tax overlay portfolios to support analytical and operational needs. The role can be remote or hybrid and based out of Wakefield, MA.

Requirements

2-5 years of investment management experience
Proficiency in programming languages such as SQL, Python, advanced Excel
Knowledge of quantitative investing and portfolio management concepts including risk modeling, optimization (Northfield Open Optimizer), portfolio construction
Ability to communicate effectively both written and verbally
Ability to meet tight deadlines and work under pressure with high attention to detail
Team player working with highly collaborative and cross-functional teams in an extremely fast paced environment

Nice To Haves

Master’s degree in financial or quantitative discipline preferred

Responsibilities

Support the portfolio management team on the day-to-day investment management operations including oversight of all quality assurance tasks
Conduct ad hoc operational research by writing code in SQL and Python
Collaborate and communicate with trading and operations teams to ensure trades are released and executed according to the portfolio managers’ guidelines
Partner with product management and engineering teams to articulate and draft portfolio managers’ technical requirements for rules-driven optimizations
Perform testing plan and execution of User Acceptance Testing across latest development releases, document results and bugs