Portfolio Management Associate

  • DOE
  • Los Angeles, CA, USA
  • Permanent, Full time
  • Kayne Anderson Rudnick Investment Mgt
  • 13 Feb 18 2018-02-13

Kayne Anderson Rudnick, a Century City-based investment management firm is looking to add an experienced and conscientious team-player who can successfully fill the role of Portfolio Management Associate (“PMA”). The PMA serves as the liaison between portfolio managers and the trading desk and is expected to be highly organized, sharp, and focused on details.

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.

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, CRM’s, 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