SMA Portfolio Manager​/Trader

Vident Asset Management, LLC is seeking an experienced SMA Portfolio Manager/Trader to join our dynamic team. The ideal candidate will have a strong background in managing tax-sensitive separately managed accounts, with a focus on investment performance and superior client service. This role involves implementing investment strategies, managing portfolio risk, and collaborating with various teams to ensure optimal portfolio performance.

Vident Asset Management is a specialized exposure and solutions provider partnering with clients to help them assess new opportunities and bring their investment ideas to life. Founded in 2013, Vident boasts a unique portfolio of ETFs, serves as a trusted sub‑advisor within the ETF industry, specializes in crafting bespoke indexes and models, and supports a robust SMA platform. We traditionally partner with institutional investors, asset managers, and wealth management firms to bring Investment Ideas to Life.

• Trading and Execution: Execute trades efficiently and in compliance with best execution practices. Monitor market conditions and adjust portfolios as necessary.
• Structured Solutions Oversight
  :
  Partner with internal teams and external financial institutions to analyze, perform diligence, and oversee structured equity monetization transactions, including documentation review, exposure modeling, and ongoing post‑execution monitoring.
• Portfolio Management: Manage SMA portfolios, leveraging various tools, such as optimizers, risk models, and dashboards. Ensure portfolios are aligned with clients' investment objectives and risk tolerance.
• Investment Strategy: Implement investment strategies tailored to individual client needs, including tax‑aware management of concentrated equity positions. This may include evaluating and coordinating derivative‑based monetization and hedging strategies (e.g., collars, spreads, prepaid variable forwards, and other structured solutions) in partnership with approved third‑party counter parties, with a primary focus on risk mitigation, liquidity planning, and tax efficiency.
• Client Engagement: Maintain strong relationships with clients, provide regular updates on portfolio performance and address any inquiries or concerns. Participate in client meetings and reviews.
• Performance Monitoring: Continuously monitor portfolio performance and risk metrics. Prepare detailed performance reports and conduct performance attribution analysis.
• Collaboration: Work closely with research analysts, traders, and other portfolio managers to share insights and develop cohesive investment strategies. Collaborate with the client service team to ensure seamless client experience.
• Compliance: Ensure all investment activities comply with regulatory requirements and internal policies. Maintain accurate and up-to-date documentation for all managed accounts.
• Other responsibilities as assigned by manager

• A natural problem solver with high attention to detail and a penchant for accuracy.
• Strong understanding and an ability to manage portfolio risk.
• Strong understanding of equity, derivative, and fixed income markets.
• Excellent analytical and quantitative skills, with the ability to conduct 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.
• Align with Vident Core Values:
  Inspired Collaboration, Honor & Authenticity, Intellectual Curiosity, Exceptional Performance and Inclusion & Humility

• 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.
• Minimum of 5 years of experience required. Do not apply without proven experience

• 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