Job Description

Location: Boston, MA

The incumbent will be a member of the Central Trading Group and will conduct regular review, monitoring and trading of client portfolios; contribute to the portfolio management process; participate in monthly reviews of client accounts to ensure compliance with investment objectives and models; and coordinate and communicate with Relationship Managers, Wealth Advisors and Client Portfolio Managers to ensure the proper management of client portfolios. Other responsibilities include generalist support activities to ensure the effective and efficient management of the Wealth Management Division’s investment operations. Supports investment team by performing variety of research and operational functions to enhance team productivity, research output, data analytics and client service. Receives broad cross-sectional exposure to investment analysts, client portfolio managers, marketing, operations, administration and investment technology specialists by executing, supporting, and coordinating a diverse set of tasks.

Portfolio Management

• Assists Client PMs and Central Trading Group with monitoring, trading and portfolio management of client accounts.
• Responsibilities include monitoring client accounts for adherence to investment strategy and objective, modeling and submitting ad hoc trades, reviewing and approving model trades, tax management, and other portfolio management tasks
• Communicate and coordinate with client-facing resources to ensure the proper management of client portfolios
• Participate actively in Investment Team meetings

Investment Operations Support

• Provides generalist assistance to Portfolio Managers and CIO—willingness to be flexible, creative and curious.
• Maintains and coordinates updates of client and account information on trust accounting system, as well as on trading and performance systems ensuring consistency between systems.
• Facilitates client and/or prospect meetings for Portfolio Managers by running reports, compiling materials, editing/customizing reports, as appropriate and assisting with client communications.
• Coordinates with other Wealth Management employees or employees from other Bank departments, when necessary, on data verification, systems maintenance, technology needs, and scheduling/deadlines.
• Helps prepare investment presentation and other materials for internal investment committee meetings, making any changes as directed by senior colleagues.
• Update investment marketing and presentation material for internal and external use
• Participate in periodic meetings with clients, including multi-client seminars and one-on-one meetings alongside a relationship manager
•  Represents team on various cross-department functional committees, including software evaluation and process improvement initiatives.

Regulatory and Audit Compliance 

• Participate in reviews of client accounts to ensure compliance with objectives and models
• Meet with internal auditors and provide required documentation; propose and implement revised or new policies and procedures as agreed between Investment Team and auditor.

Training and Support

• Train junior members of the Investment Team in trading, reporting, model maintenance, etc.
• Participate in periodic meetings with clients, including multi-client seminars and one-on-one meetings alongside a relationship manager
• Represents team on various cross-department functional committees, including software evaluation and process improvement initiatives.

Requirements

• Position requires polished interpersonal skills and investment knowledge to effectively manage client portfolios and interact with relationship managers, other investment team members, and third parties.
• Position provides major support to inform investment decisions and to enable the team to execute client transactions.
• Requires excellent problem solving and decision-making skills, most frequently without close daily supervision
• Bachelor’s degree is required; CFA is preferred; MBA is advantageous but not necessary.
• At least 1 year of experience in trading or portfolio management is highly preferred.
• Well-organized
• Self-starter, capable of prioritizing tasks and following tasks through to completion without much oversight.
•  Understanding of advanced investment concepts is essential.
• Knowledge of SEI and its trading systems, Bloomberg, Moxy, Morningstar, and/or FactSet is beneficial; good working knowledge of Microsoft Office (particularly, Microsoft Excel) is required.

How to Apply

Job Categories: Equal Opportunities. Job Types: Full-Time. Job Tags: #WealthManagementSales&Service and Banking. Salaries: Not Disclosed.

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