Team Description

The Portfolio Management team is responsible for implementing the firm’s quantitative investment strategies and managing market frictions. The team is specifically involved in portfolio construction, risk management, portfolio finance, trading and cash and corporate action management. It consists of 19 members and works very closely with other investment teams such as Research and Technology on a number of firm-wide projects and product development initiatives.

Job Description

This position involves working as a member of the portfolio management team with a particular focus in portfolio construction. The goal is to assist in the rebalancing of portfolios and management of flows, but also to contribute to a number of long-term projects that aim to expand the investment opportunity set and reduce market frictions. The role will involve assisting with the scheduled portfolio rebalance process and the ongoing management of flows. Additionally, candidates can expect to contribute meaningfully to long- term projects that will help drive company growth.

Responsibilities

The typical responsibilities include, but are not be limited to the following:

Assist in the forecast and trade review process and contribute to the portfolio rebalancing workflow
Work with clients and internal teams on numerous initiatives to expand the investment opportunity set and reduce investment constraints
Contribute to product development and new fund launches
Solve various equitization problems and manage equity gap risk during the flow management process
Monitor portfolio positions and risk factor exposures and provide feedback to senior portfolio managers and members of the Research team
Assist with portfolio attribution and investment communication
Provide input and propose changes aimed to improve to the investment process
Provide market color related to significant market events that may affect portfolio positioning and may lead to data or process overrides
Contribute to the team’s morning meeting

The portfolio management group has an active queue of projects designed to improve automation and implementation efficiency. This position will also be asked to assist with these technical projects.

Qualifications

Undergraduate or postgraduate degree with an analytical focus.
At least 3 years of experience in a financial services firm with a focus on quantitative research and/or portfolio management.
Detail-oriented with excellent organizational, analytical and problem solving skills, as well as the ability to work under pressure while meeting tight deadlines.
Fluency with running database queries and dealing with large datasets.
Proficiency and experience with any of several technical and/or programming languages, including: SQL, Python, C#, STATA, R, MATLAB, VBA.
Experience using Bloomberg Terminal.
Strong written and verbal communication skills.
Experience and familiarity with optimization and portfolio construction techniques for equity or multi-asset portfolios.
Fluency with setting up, running and interpreting the results of linear and non-linear regression models.
Familiarity with global microstructure trends and algorithmic trading models.
CFA charter or enrollment in CFA Institute’s charter program is desirable.

We maintain a friendly, team-oriented environment and place a high value on professionalism, attitude and initiative.

Portfolio Management Associate: Portfolio Construction