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Portfolio Management Associate (Pma)

Expired Job

Kayne Anderson Rudnick Los Angeles , CA 90001

Posted 3 months ago

Job Description

The Portfolio Management Associate (PMA) is primarily responsible for ensuring that each account is invested according to the proper strategy model and within the guidelines and/or investment policy statements submitted by the client. The PMA coordinates the implementation of model changes based on PM instructions which includes generating pre-trade compliant trade tickets for the trading desk.

ESSENTIAL JOB FUNCTIONS:

Implementing strategy models across assigned base of accounts; re-balancing portfolios within compliance of restrictions, guidelines, or investment policy statements; maintaining trading models based on portfolio manager instructions; reviewing compliance reports, including for 1940 Act mutual fund accounts

New account trading and IPS review for institutional accounts

Supporting portfolio managers and communicating updates related to implementation of trade programs

Communicate model changes for Model-Only relationships and monitor variances

Distributing trading program notification

Monitoring of account reports on a daily basis for drift

Providing analysis and data for RFP's

Supporting Wealth Advisory department

Providing client service to outside constituents such as clients, consultants, brokers; some general administrative duties

OTHER JOB RESPONSIBILITIES:

Other duties as assigned

QUALIFICATIONS:

Undergraduate degree.

  • Minimum three to five years of experience in a similar capacity at a buy-side investment management firm or registered investment advisor
  • Experience with asset allocation concepts
  • Knowledge of financial markets and instruments, i.e., sectors, industries, stocks, bonds, mutual funds. Understanding of tax implications a plus
  • NASD Licenses a plus, i.e. Series 7
  • Commitment to and demonstrated history of productive and quality work
  • Proficiency in use of portfolio accounting systems, order management systems, CRMs, Excel, Word, and database software
  • Experience working with performance returns
  • Positive attitude

SKILLS REQUIRED:

  • Comfortable interacting with all levels and departments within the firm
  • Teamwork ability to collaborate in a professional and constructive manner
  • Strong problem solving skills; ability to solve problems with disparate and sometimes, incomplete, information
  • Good time management and multi-tasking abilities
  • Excellent written and verbal communications skills
  • Ability to work independently with limited supervision and in high pressure environments
  • Detail oriented with a commitment to excellence
  • Proactive and innovative

PHYSICAL REQUIREMENTS:

  • Sit for prolonged periods
  • Lift up to 25 pounds

BENEFITS:

  • Excellent opportunity to work in the portfolio management industry and in a company with a great culture
  • Competitive salary DOE
  • Health & Dental Insurance
  • 401k plan
  • Lunch provided daily

Company Description

Kayne Anderson Rudnick is an investment advisory firm founded in 1984 to manage capital for its founders, including John Anderson (member of the Forbes 400 and benefactor of UCLA's Anderson School of Management). With offices in Los Angeles, San Francisco, Newport Beach, Seattle, Salt Lake City, Scottsdale, Denver and Boston, KAR has over $18.9 Billion in assets under management, focused on institutional, broker-dealer and high-net-worth clients.
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Portfolio Management Associate (Pma)

Expired Job

Kayne Anderson Rudnick