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.

Responsibilities

• Portfolio Management and Investments
• Assist Portfolio Managers in the management of client portfolios.
• Analyze asset allocation, portfolio construction, and strategy-specific investments to ensure that portfolios are aligned with the client’s wealth objectives, investment policy guidelines and Glenmede’s best thinking.
• Analyze asset-specific data to formulate perspectives around asset allocation, portfolio construction, and strategy specific investments.
• Synthesize data into observable messages around style/sector tilts, geographic concentrations, performance drivers, risk contribution, and company-specific information.
• Actively participate in internal investment meetings, including morning update, Investment Policy Committee (IPC), and manager/strategy updates by the Manager Research Group (MRG).
• Relationship Management and Client Service
• Proactively and independently handle routine to moderately complex client (internal and/or external clients) inquiries as part of the relationship management 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.
• Participate in client meetings and conference calls, as requested.
• Aid in maintaining client information and communications in the client relationship management (CRM) system in accordance with firm best practices.
• Develop a strong foundational understanding of wealth management topics including; financial, estate and income tax planning.
• Portfolio and Account Administration
• Review daily reports (e.g., transaction, overdraft, bond maturity) for possible investment implications.
• Absorb responsibility for preparing presentation materials for client meetings.
• Coordinate with wealth planning, wealth advisory, tax, or other departments to ensure deadlines are met.
• Develop an understanding of middle and back office functions and processes and how they apply to data and systems used in the management of portfolios.
• Aid in firm compliance and regulatory reviews as a means to reduce firm-level risk and the employment of portfolio management best practices.
• Business Development
• Attend Glenmede sponsored events as requested.
• 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.
• 0-2 years of experience in an investment environment.

Prior to Applying

• Our Benefits Overview: 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!
• Glenmede is an equal opportunity employer and is committed to ensuring equal employment opportunity without regard to any legally protected characteristics.