Brief Position Description
The Portfolio Manager Associate is responsible for account consistency and flawless trade order delivery. A key member of the Portfolio Overlay team, this position works with the Senior Portfolio Manager to ensure accurate and error-free trading transactions on accounts. The position provides expertise when generating holdings reports, creating trades and processing trade instructions in accounts as well as finding and researching any outliers.
Review and monitor assigned accounts daily.
Help to ensure the continuous and accurate flow of trade-orders.
Responsible for performing account analysis by generating reports to help identify and resolve dispersion within accounts
Help to investigate and work with Portfolio Administration Team, from a Portfolio Management perspective, to resolve trading issues.
Verify previous account issues are resolved.
Independently create and review complex analyses of accounts.
Accurately create, execute and review trades, according to instructions and departmental trading procedures, for execution.
Accurately report account holdings in various formats.
Perform or assist with performing any needed daily account maintenance on accounts.
Maintain accurate records and files of trading activity, critical reports and supporting documents.
Query and update database information, for specific investment related account information.
Responsibilities include monitoring the performance of a domestic discretionary or non-discretionary, advisory product, which may include managing a product within the brokerage or institutional offering. Responsibilities include working with more senior Product Specialists in developing product plans, strategies and enhancements, and performing data collection and coordination activities.
Posting Date: 03/07/2019
Location: Jersey City, NJ, 101 HUDSON ST (NJ2101), - United States
Full / Part-time: Full time
Hours Per Week: 40
Shift: 1st shift
Bank Of America Corporation