Senior Portfolio Management Associate

Pzena Investment Management • New York, NY

5d • $130,000 - $140,000

About The Position

Pzena Investment Management is seeking a Senior Portfolio Management Associate to join its Operations team. The role collaborates with Portfolio Accounting, Trading, Trade Settlement, Application Development, Business Systems Analysis, and Investment teams to operationally implement investment decisions. The associate supports the implementation of the firm's value investing strategy across client portfolios and serves as an operational partner to the Investment team. The position reports directly to the Manager of Portfolio Implementation.

The work is divided among portfolio implementation (60%), compliance (20%), client and marketing correspondence and reporting (10%), and security setup and maintenance (10%).

Requirements

• Bachelor's degree.
• 3–5 years of relevant professional experience.
• Proficiency in Microsoft Office Suite.
• Demonstrated diligence and attention to detail, including monitoring work for accuracy and quality.
• Planning, organization, and effective prioritization and time management.
• Collaborative, professional interpersonal and teamwork skills.
• Clear, professional communication and the ability to produce polished documents and present data effectively.
• Dependability, openness to feedback, and willingness to improve performance.
• Initiative, accountability, and ability to take on responsibilities with growing independence.
• Critical thinking and problem-solving skills, including analyzing information and identifying causes of issues.

Nice To Haves

• Experience creating domestic equity orders within an Order Management System (OMS).
• Foundational understanding of investment compliance and portfolio restrictions.
• Experience with portfolio accounting systems, preferably InData.
• Familiarity with FactSet or comparable portfolio analytics platforms.
• Knowledge of ESG considerations, sanctions screening, and liquidity monitoring.
• Experience supporting Unified Managed Accounts (UMAs), Separately Managed Accounts (SMAs), or wrap programs.

Responsibilities

• Implement the firm's investment strategies across client portfolios in collaboration with the Investment team.
• Create domestic and international equity trades in response to portfolio reviews, cash flows, tax considerations, and compliance requirements.
• Submit trades for model manager accounts, Unified Managed Accounts (UMAs), and Separately Managed Accounts (SMAs).
• Analyze portfolio dispersion, maintain portfolio review instructions, and collaborate with Portfolio Managers on model manager accounts and bespoke portfolios.
• Monitor pre-trade compliance and ensure adherence to firm policies, client guidelines, and investment restrictions.
• Review, interpret, and maintain client portfolio guidelines during account setup and ongoing administration.
• Code client-specific compliance rules and monitor sanctions, ESG restrictions, and compliance reporting.
• Respond to client and internal inquiries accurately and promptly.
• Fulfill scheduled and ad hoc reporting requirements in partnership with Marketing, Client Service, and Investment teams.
• Review and maintain security data for accuracy and compliance with internal procedures.
• Monitor FactSet data integrity and work with Business Systems Analysts to maintain accurate security mapping in the firm's Security Master system.

Benefits

• Additional health cover.
• Life assurance.
• Income protection.
• Pension.
• Firm contributions to causes important to employees through Charitable Giving and Charitable Matching programs.
• Mentorship Program, Lunch & Learns, and sponsored workgroups and committees focused on recommending business improvements.
• Team-building activities and social events, including holiday events and monthly birthday parties.
• Healthy snacks.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior