Portfolio Management Specialist - Wealth Management

Portfolio Management Specialist

We are looking for a skilled Portfolio Management Specialist to join our team in New York, New York. This role involves collaborating closely with the Head of Investments and Wealth Advisors to oversee and manage client portfolios, utilizing a centralized trading platform, Envestnet Tamarac. The ideal candidate will ensure portfolio strategies align with investment policies and client objectives across diverse asset classes, including equities, fixed income, and alternative investments. The role requires 3 days per week in the midtown Manhattan office and 2 days work from home.

Responsibilities :

• Collaborate with Wealth Advisors and the investment team to maintain client portfolios in alignment with asset allocation targets, including tasks such as rebalancing, investing cash, raising funds for distributions, and tax loss harvesting.
• Oversee and manage the trading platform, Envestnet Tamarac, ensuring account maintenance, trade settings, and reconciliation are completed accurately.
• Execute firmwide trading initiatives efficiently, including block trading.
• Actively participate in the firm's Investment Committee, contributing to strategic decisions.
• Build and maintain relationships with third-party investment solution providers, such as FactSet.
• Monitor and analyze portfolio performance to provide insights that support investment strategies.
• Ensure compliance with investment policies and regulatory requirements.
• Provide detailed reporting and updates to clients and stakeholders regarding portfolio management activities.

Requirements :

The salary is flexible dependent on experience, the range is $100-130k base plus 20% target bonus.