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10 May 2022

Full-Time Vice President, Investment Associate III- Equity Analyst (Req#1075)

Eastern Bank – Posted by Eastern Bank Boston, Massachusetts, United States

Job Description

The incumbent will conduct primary research into individual companies, mutual funds, and ETFs to evaluate merit for inclusion in client portfolios; contribute to the portfolio management process; participate in monthly reviews of client accounts to ensure compliance with investment objectives and models; participate in periodic meetings with clients, including multi-client seminars and one-on-one meetings alongside a relationship manager. Other responsibilities include training junior members of the Investment Team regarding performance reporting, securities trading, and model equity portfolio maintenance.

MAJOR RESPONSIBILITIES:

Investment Research

  • Investigate merits of securities (equities, mutual funds, ETFs) for inclusion in client portfolios
  • Report and defend investment recommendations to the Investment Team
  • Prepare options trades and other asset protection strategies for clients, communicate orders to executing brokers, and monitor prices during holding periods
  • Participate actively in Investment Team meetings

Marketing Support and Client Meetings

  • Write articles for Investment Perspectives and possibly other publications
  • 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

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 auditors

Securities Trading Oversight and Backup

  • Supervise trades executed by junior members of the Investment Team to ensure good prices
  • Execute purchase and sale of equity or fixed income orders, and coordinate with Operations to ensure settlement, when traders are unavailable

Training and Support

  • Train junior members of the Investment Team in trading, reporting, model maintenance, etc.

 

PROBLEM SOLVING & DECISION MAKING:  

Position requires polished interpersonal skills and CFA-level investment knowledge to interact with clients, 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. Position requires excellent problem solving and decision-making skills, most frequently without close daily supervision.

REQUIREMENTS:

 

Education and Experience

  • Bachelor’s degree is required; CFA is highly preferred; CFP or MBA is advantageous but not necessary.
  • At least 5 years of experience in equity research, trading, or portfolio management is highly preferred.

Skills/Knowledge

This position requires a well-organized person. It is important that the person be a self-starter, capable of prioritizing tasks and following tasks through to completion without much oversight. Understanding of advanced investment concepts and business writing is essential. Knowledge of Investor’s View and AddVantage trading systems, Bloomberg, Morningstar, and/or FactSet is beneficial; good working knowledge of Microsoft Office is required.

Working Conditions

Normal office-based hours and conditions, usually slightly earlier than other departments (i.e. typically 8:00 start)

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How to Apply

Copy the link below to your web browser and click "Apply Now": https://gka.fa.us1.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX/job/1075/?utm_medium=jobshare If you have any questions please email: talentacquisition@easternbank.com  

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

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