Management Associate, Portfolio Management

Overview

The primary function of the Management Associate is to support a team of Relationship Managers, Portfolio Managers and investment specialists in the daily execution of portfolio management responsibilities and the respective daily client service requirements. The role is an integral component of the relationship team and will provide a broad landscape from which to learn the application of holistic, goals-based wealth and investment management. The Management Associate position is intended for an individual with an interest in portfolio management, construction and implementation for private clients.

Responsibilities

• Portfolio Management and Investments
• Aid Portfolio Managers in the management of client portfolios.
• Analyze asset allocation, portfolio construction, and strategy-specific investments to ensure alignment with client’s wealth objectives and Glenmede’s best thinking.
• Analyze asset-specific data to formulate perspectives around style/sector tilts, geographic concentrations, performance drivers, risk contribution, and company-specific information.
• Participate in internal investment meetings, including morning update, Investment Policy Committee (IPC), and manager/strategy updates by the Manager Research Group (MRG).
• Portfolio and Account Administration
• Review daily reports (e.g., transaction, overdraft, bond maturity) for possible investment implications.
• Absorb responsibility for certain moderately complex client inquiries as part of the RM team.
• Absorb responsibility for preparing and maintaining client-related documentation in accordance with best practices.
• Develop a strong foundational understanding of wealth management topics including; financial, estate and income tax planning.
• Relationship Management and Client Service
• Proactively and independently handle certain moderately complex client inquiries as part of the RM team.
• Respond to client requests or proactively identify potential issues in the normal course of business, undertake research or take needed action to resolve (with guidance from senior officers where appropriate) and keep all relevant parties informed.
• Cover situations that arise when other team members are out of the office.
• Act as initial point of contact for client and internal communications, manage information flow, prioritize needs, assist with and draft communications, as required.
• Prepare and maintain client related documentation in accordance with best practices.
• Firm Building
• Engage actively in department-specific and firm-wide initiatives in order to expand capabilities, create solutions to unmet business needs, improve client experience, or develop more efficient processes.
• Contribute to the advancement of team, office and business capabilities.

Required Qualifications

• Bachelor’s degree or equivalent experience required.
• Two to four years of experience in an investment environment is required.

Prior to Qualifications

• Interest or progress toward CFA or CFP designations is preferred.
• Advanced knowledge of Microsoft Office and ability to adapt to investment and CRM-oriented IT applications.
• Superior team orientation.
• Self-starter with a great deal of initiative.
• Excellent written and verbal communication skills.
• Full understanding of client privacy and confidentiality.
• Proven competence in the following; ability to work well under pressure; detail-oriented, particularly with financial calculations; organizational and problem solving skills; ability to multi-task and prioritize work.

Benefits

Competitive health and welfare benefits, including company HSA contributionsNumerous voluntary benefit choices availableSuperior 401k matchTuition reimbursementCompany subsidized commuter benefitsGenerous paid time off, including parental leavePlus more!

About Glenmede

Headquartered in Philadelphia, PA, Glenmede has 9 office locations in the US. For further information, please visit http://www.glenmede.com. Our Benefits Overview:

Equal Opportunity Employer

Glenmede is an equal opportunity employer and is committed to ensuring equal employment opportunity without regard to any legally protected characteristics. To learn more about Glenmede’s policy on equal employment opportunity, please visit https://www.glenmede.com/equal-opportunity-employer/. We are not seeking agency assistance with this role. No agencies, third parties, or phone calls, please. Glenmede is not accepting unsolicited resumes from search firms. All resumes submitted by search firms to any employee at Glenmede via-email, the Internet, or directly without a valid written search agreement will be deemed the sole property of Glenmede, and no fee will be paid in the event the candidate is hired by Glenmede.