SMA Portfolio Manager/Trader

Vident Asset Management, LLC

About the role

Vident Asset Management is seeking an experienced SMA Portfolio Manager/Trader to join their dynamic team. The ideal candidate will manage tax-sensitive separately managed accounts, focusing on investment performance and client service.

Responsibilities

• Execute trades efficiently and in compliance with best execution practices.
• Maintain strong relationships with clients, providing regular updates on portfolio performance and addressing any inquiries or concerns.
• Manage SMA portfolios, ensuring they align with clients' investment objectives and risk tolerance.
• Implement investment strategies tailored to individual client needs, including tax-aware management of concentrated equity positions.
• Participate in client meetings and reviews.
• Monitor portfolio performance and risk metrics, preparing detailed performance reports and conducting performance attribution analysis.
• Collaborate with research analysts, traders, and other portfolio managers to share insights and develop cohesive investment strategies.
• Ensure all investment activities comply with regulatory requirements and internal policies.
• Work closely with the client service team to ensure a seamless client experience.

Requirements

• A natural problem solver with high attention to detail and a penchant for accuracy.
• Strong understanding and ability to manage portfolio risk.
• Strong understanding of equity, derivative, and fixed income markets.
• Excellent analytical and quantitative skills, capable of conducting detailed investment analysis.
• Exceptional communication and interpersonal skills, with the ability to build and maintain client relationships.
• Proficiency in portfolio management software and trading platforms.
• High level of integrity and professionalism.

Qualifications

• Bachelor's degree in Finance, Economics, or a related field; advanced degree or CFA/FRM designations preferred.
• Experience using optimizers, such as those offered by Northfield, Axioma, Barra, Bloomberg, or Factset is highly preferred.
• Experience trading and implementing option strategies on portfolios, particularly concentrated monetization strategies, including variable forwards, collars, spreads, or similar derivative-based liquidity or risk mitigating solutions, is preferred.
• Experience working with external trading desks, structuring teams, or custodians on complex equity or derivative transactions.
• Experience trading and implementing long-short portfolios is preferred.

Skills

• Problem-solving skills
• Analytical and quantitative skills
• Communication and interpersonal skills
• Portfolio management software proficiency
• Derivative strategy implementation

Benefits

• PTO plus 13 paid holidays
• Flexible Working Benefits
• Daily Paid Lunch for Onsite Employees
• Onsite Gym Discount
• Medical, Dental, Vision
• EAP and Telehealth with Mental Health Support
• Short and Long Term Disability
• SIMPLE IRA with up to 3% Match