Portfolio Management Associate

3 weeks ago


Charlotte, North Carolina, United States Choreo Full time
Portfolio Management Associate Job Description

At Choreo, we are passionate about improving the well-being of our clients, their families, our teammates, and everyone in our communities. For over 20 years, we've worked to meet the financial planning needs of our clients with a coast-to-coast footprint of 40+ locations and counting. Empowered by technology and inspired by equality, we are here to serve our clients beyond what is expected and help them achieve their future.

Key Responsibilities
  • Portfolio Management: The Associate, Portfolio Management will join our Client Solutions Group under the direction of our Managing Director of the Investment Strategy Group. In our fast-paced environment, this key role will work closely with the Advisors, our ISG division, Director of Technology Platform, CCO and Practice leadership.
  • Client Portfolio Management: The Associate will be tasked with keeping track of client portfolios, making sure that they are staying within target allocation and client cash targets are addressed.
  • Trading Systems: The role will also work to assist advisors with setup of householding portfolio in our trading system facilitating strategy and other portfolio management/trading needs.
Primary Responsibilities
  • Update and Maintain Trading Systems: Update and maintain the firm's trading systems including Centralized Trading Platform models and strategies.
  • Portfolio Management and Trading Systems: Oversee and take ownership of portfolio management and trading systems, including setup, and any client maintenance on all managed client trades within the Centralized Trading Platform.
  • Client Portfolio Monitoring: Monitor several views to make sure that all client households are in tolerance to their IPS, do not need cash, or have cash to invest, and proactively identify possible trading for our clients.
  • Client Onboarding: Evaluate current client portfolios that are eligible to join the platform and become a liaison for the advisor during onboarding and implementation of clients.
  • Documentation: Document clients that may be out of tolerance, are going through implementation, or have other exceptions to manage.
  • Compliance and Audit: Support Chief Compliance Officer with providing SEC compliant and internal audit reports from trading.
  • Research and Analysis: Assist and gather analysis/research on the firm's strategies and approved list.
  • Advisor Support: Develop and supply advisors with collateral including trade/implementation proposals, client strategies & asset location.
  • Trading System Support: Help advisors with questions on trading systems and ability to troubleshoot/find solutions to portfolio needs including analysis.
Basic Qualifications
  • Bachelor's Degree: Bachelor's degree in finance, accounting or other related concentration.
  • Experience: 1-3 years of experience in the financial industry with an emphasis on trading; portfolio/strategy management background is a plus.
  • Proficiency: Above average proficiency in Microsoft Office Products.
  • Knowledge: Knowledge or familiarity with CRM software, cloud-based storage, Schwab Institutional, Fidelity, Smartleaf, and Black Diamond trading systems a plus.
  • License: Have or able to obtain Series 65 license within 120 days of start date.
  • Skills: High attention to detail and accuracy while meeting deadlines. Experience with financial reporting, billing, and trading systems. Strong analytical skills.
Benefits
  • Competitive Salary and Bonus Plan: Competitive salary and bonus plan.
  • Medical, Dental, and Vision Plans: Competitive medical, dental, and vision plans.
  • Life and Disability Coverage: Basic life and disability coverage.
  • 401(k) Matching Program: 401(k) matching program.
  • Financial Support: Financial support for approved designations and courses.
  • Training Opportunities: Technical, leadership, sales training opportunities.
  • Unlimited Time Off: Unlimited, discretionary time off.
  • Paid Parental Leave: Paid parental leave.

Choreo is an equal opportunity employer. We are committed to fostering, cultivating, and preserving a culture of diversity, equity, and inclusion.


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