Portfolio Manager

Key Responsibilities

• Be a key contributor in the development and implementation of direct indexing solutions
• Provide day-to-day portfolio management of direct index portfolios including portfolio construction, rebalance, monitor index changes and corporate actions, manage client activities and trade review
• Provide tax transitioning and tax loss harvesting to maximize tax efficiency
• Provide portfolio analysis, reporting and monitoring of direct index strategies and ad-hoc analysis
• Work closely with trading, client service, operations to improve portfolio management efficiency, maximize investment outcome and ensure client success
• Collaborate with internal stakeholders to improve investment processes, and enhance investment management tools and systems

Qualifications

• Bachelor’s degree in a relevant field required, Graduate degree and CFA designation strongly preferred
• 5-7+ years of hands-on investment management experience
• Experience managing equity portfolios maximizing tax efficiency while tracking an index, experience managing direct index portfolios strongly preferred
• Experience in tax loss harvesting and generate tax alpha
• Strong understanding of direct indexing, customizations, ESG and sustainability investing, and tax optimization
• Strong operational experience running, analyzing, and improving processes and systems
• Working knowledge and experience using equity risk models and portfolio optimizers
• Excellent communication and collaboration skills, team-player
• Strong quantitative and analytical skills

Benefits

• Vestmark takes a market-based approach to compensation to ensure we pay fairly and competitively.
• Compensation for this role depends on several factors such as skills, experience, qualifications, job scope and location.
• In addition to base salary, Vestmark offers a comprehensive total rewards package, which includes equity-based grants for all new hires, company-paid medical premiums of 90%, a competitive time-off program, and other variable compensation, if eligible.
• Salary range: $140,000 - $160,000 USD