Portfolio Operations Analyst
About The Position
The Portfolio Operations Analyst supports Mayflower Advisors’ daily trading and account activity while contributing to model management, relationships with third-party investment platforms, and Investment Committee preparation. The role works closely with Wealth Managers and the Investment Committee, and its work directly influences the management of client portfolios. It is an in-office position at the firm’s Franklin Street office in Boston, with daily in-person and phone interaction with advisors, the Investment Committee, custodial partners, and third-party platform providers. The position reports to [REPORTING MANAGER]. Work is primarily desk-based and involves using a computer and phone for most of the day.
Requirements
- Bachelor’s degree required, preferably in Finance or a related field.
- Series 7 required.
- At least 2 years of experience in wealth management or the retirement sector.
- Strong quantitative, analytical, and problem-solving skills.
- Working knowledge of equity and fixed income securities, including bonds, maturities, and corporate actions.
- Familiarity with ETF and mutual fund structures, alternative investments, leveraged securities, and performance reporting.
- Knowledge of DCA strategies and rebalancing methods.
- Understanding of trade execution, order management, RIA operations, and custodial relationships.
- Familiarity with the RIA regulatory environment, including fiduciary standards and trade compliance.
- Experience with portfolio management and trading platforms and third-party advisor portals.
- Advanced proficiency in Microsoft Office Suite, especially Excel and PowerPoint.
- Excellent written English, with strong editing, grammar, research, and presentation skills.
- Sharp attention to detail and strong organizational skills, with the ability to manage daily, weekly, monthly, and quarterly work cycles.
- Collaborative style and ability to work well with advisors and the Investment Committee.
- Proactive, analytical, can-do attitude and willingness to take ownership and get things done.
Nice To Haves
- Experience with portfolio management and trading platforms such as 55ip.
- Experience with third-party advisor portals such as BlackRock and J.P. Morgan.
Responsibilities
- Monitor securities and cash balances across client accounts and resolve insufficient funds.
- Review and act on RLiq/TLiq notices.
- Execute ad hoc trade requests and provide trading support to advisors.
- Track upcoming bond maturities and corporate actions.
- Conduct the monthly leveraged securities review.
- Coordinate mutual fund conversions.
- Support onboarding and trading for accounts in Mayflower models.
- Serve as the primary liaison between advisors and third-party investment platform providers, including direct indexing and model delivery services, for onboarding, trading, and ongoing servicing.
- Manage DCA schedules for Mayflower and custom models.
- Produce model-level performance reporting.
- Prepare client-facing portfolio reports, including proposals and portfolio analysis for select advisors.
- Conduct ad hoc portfolio reviews for advisors.
- Support investment manager research and due diligence.
- Prepare materials and analysis for Investment Committee meetings and keep the alternatives inventory up to date.
- Maintain model portfolio documentation and change logs.
- Take on other responsibilities as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
