Waltham, Massachusetts - Posted on: Friday 03/01/13
Description
- Manage outside vendor maintaining portfolio accounting system, including
- Reconciliation with custodian records
- Accurate cost basis
- Maintain rebalancing software (make sure new accounts are added, appropriate targets are assigned, appropriate investments are included)
- Maintain Advisor View (user interface to portfolio accounting system)
- Rebalance client portfolios quarterly and on an ad-hoc basis keeping in mind cash inflows/outflows, tax consequences, investment limitations
- Adjust client portfolios when there is a change to the investment policy statement
- Produce and send cash in/out and new account reports to colleagues
- Trade all client accounts
- Follow-up with clients to make sure they make recommended trades in 401(k)/ 403(b) accounts in the WebPortfolio system
- Design and produce performance reports for quarterly distribution
- Work with accountants to answer questions about clients’ portfolios
- Research mutual funds and ETFs using Morningstar Principia
- Assist with the research for changes to our investment models
- Prepare investment recommendations for financial planning clients
- Compile and analyze data for investment reviews- prepare presentation document
- Operational projects as needed
Qualifications
- Oral Expression
- The ability to communicate information and ideas orally so others will understand.
- Small group public speaking (mostly around a conference table)
- The ability to elicit and convey information over the phone.
- Written Expression
- The ability to communicate information and ideas in writing so others will understand.
- Communicate effectively in writing as appropriate for the needs of the audience.
- The ability to read and understand information and ideas presented in writing.
- Reading Comprehension
- Understand written sentences and paragraphs in work related documents.
- Listen Actively
- Listen to and understand information and ideas presented through spoken words and sentences.
- Give full attention to other people’s words, take time to understand the points being made, ask questions as appropriate, and do not interrupt at inappropriate times.
- Reason Mathematically
- Use mathematics to solve problems.
- Add, subtract, multiply and divide quickly and correctly.
- Facility with decimals, fractions, and percentages
- Choose the right mathematical methods or formulas to solve a problem.
- Reason Analytically and Inductively
- Combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
- Judgment and Decision Making
- Identify when something is wrong or is likely to go wrong. Recognize there is a problem, and contribute to solving the problem.
- Service Orientation
- Actively look for ways to help people.
- Can-do attitude
- Project Management
- Bring tasks and projects to completion in a timely manner while maintaining quality standards.
- Manage a calendar of activities and appointments effectively.
- Prioritize and manage multiple activities.
- Teamwork and Conflict Resolution
- Resolve work-related conflicts in a mature, responsible way.
- Take into account the larger context when resolving work-related issues.
Knowledge
- Mathematics
- Knowledge of arithmetic, algebra, statistics, and their applications.
- Economics
- Familiarity with basic microeconomic and macroeconomic concepts.
- Familiarity with concept of human capital.
- Software Applications
- General familiarity with Microsoft Windows-based operating system
- General familiarity with the Internet
- Microsoft Office (Word, Excel, PowerPoint)
- Experience with email, calendaring, and contact management software (CRM)
- Experience with financial custodian web-based applications (a plus)
- Bachelor’s Degree
- Major (minimally, minor) in Economics, Business, Finance, Financial Planning, or Mathematics
- Strong academic record
Related Links
Interested candidates please email resume and cover letter to: Recruiting@kvwhr.com
