Portfolio Manager

The Direct Indexing Portfolio Manager within GWIM CIO Portfolio Management will be part of a team managing CIO direct indexing portfolios. The PM will be responsible for rebalancing, trading, and monitoring portfolios, as well as working with advisors/clients on the strategy, transition plans and managing the stages of transition associated with portfolios’ positions and guidelines. The PM will also participate in future infrastructure development of CIO direct indexing strategies.

The ideal candidate will have proven quantitative skills, be detail-oriented, and familiar with factor-based equity risk models and tax aware mean-variance optimization.

• Manages, recommends, and directs executions of investment programs designed to achieve the objectives of a group of client accounts within established investment policy guidelines.
• Rebalances, trades, and monitors portfolios, ensuring alignment with portfolio guidelines, constraints, and objectives.
• Partners with advisors and clients on portfolio strategy, transition planning, and the phased management of portfolio positions and guidelines.
• Supports the ongoing design and development of infrastructure for CIO direct indexing strategies and capabilities.

• 6-8+ years of quantitative portfolio management and trading experience using equity risk models and mean-variance optimization.
• Knowledge of modern portfolio theory, equity risk models and mean-variance optimization.
• Ability to perform quantitative analysis of large amount of data using Excel, Tableau, R, Python or
  
  C.
• Broad-based knowledge of investments, tax, and operations necessary to service clients.

• Knowledge of API programing using R or Python.
• Graduate degree in a STEM field, or Finance/Economics.
• Experiences managing direct indexing portfolios.

Minimum Education Requirement: Bachelor’s degree or equivalent work experience

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.

1st shift (United States of America)

40

Pay range: $ - $ annualized salary, offers to be determined based on experience, education and skill set.

Location:

US - IL
- Chicago - 110 N Wacker Dr; US - NY
- New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.