Job Summary
Working closely with the entire Investments team, this role is responsible for the day-to- day management and maintenance of accounts in our turnkey asset management platform Eclipse. With your hands in every piece of Eclipse, this Associate Portfolio Manager will be balancing accounts, trading day-to-day, managing appropriate cash balances, and assuring our model portfolios stay in balance with their goals and objectives.
Essential Responsibilities
- Develop comprehensive knowledge of all investment strategies and models under Centralized Portfolio Management (CPM), including model construction and year-round change processing
- Execute complete onboarding process for portfolios at all levels, collaborating with Partner Teams to enter and analyze investment portfolio proposal data
- Monitor dedicated portfolios totaling $1.1+ billion for cash needs, rebalancing requirements, and non-model positions
- Provide guidance to Advisors and Associate Portfolio Managers on onboarding trades, trade analyses, and existing portfolio management
- Effectively communicate with Partners and Advisors to explain trades, reports, and analytics across all portfolio activities
- Conduct regular portfolio audits to monitor for drift and identify improvement opportunities
- Process tax loss harvesting opportunities within assigned portfolio responsibilities
- Workflow Management: Process withdrawal requests and change requests through proprietary workflow systems
- Deliver ongoing guidance and technical support to advisors and APMs on all aspects of portfolio management
Qualifications
- Bachelor's degree required, preferably in Business, Economics, Finance or a related field
- 3+ years of related work experience, including work with Bloomberg, Morningstar, Schwab/TDAmeritrade, or Fidelity platforms
- Experience working with Orion/Eclipse preferred
- Proficient in Microsoft Office applications.
- Must be authorized to work in the United States
Additional Information
Moneta is committed to providing the best possible care for our employees; part of this care includes offering comprehensive benefits that enhance the well-being of employees and their families:
- Paid holidays
- Paid time off (PTO)
- Employer cost-shared medical and dental insurance
- Employer-paid short-term disability, long-term disability, AD&D insurance, and basic life insurance
- 401k Match – 50% of employee contributions up to 6% of compensation
- Discretionary annual profit-sharing bonus
- Paid parental leave
- Professional development reimbursement
- Paid volunteer time off (VTO)
- Employee referral incentive bonus program
- Onsite wellness programs & rewards
- Employee engagement activities
Moneta is a fiduciary fee-only Registered Investment Advisory firm and is unable to hold securities licenses with the exception of Series 65. We also do not allow outside business activities, insurance commissions, and/or trails.
Skills Required
- Bachelor's degree, preferably in Business, Economics, Finance, or a related field
- At least 3 years of related work experience
- Experience with Bloomberg, Morningstar, Schwab or TD Ameritrade, or Fidelity platforms
- Experience with Orion or Eclipse
- Proficiency in Microsoft Office applications
- Authorization to work in the United States
What We Do
Moneta is one of the nation’s premier comprehensive wealth management and financial planning firms distinguished by a legacy of innovation, service, and loyalty to our clients that only a completely independent company can offer. At Moneta, we believe in the power of relationships. Our team of dedicated professionals are passionate about making a difference in people’s lives by empowering them to navigate life’s path and protect what they cherish. We foster a culture of excellence and continuous growth, providing opportunities for you to develop your career while helping individuals, families, and institutions achieve their financial goals through highly personalized services leveraging cutting-edge technology and deep industry expertise. At Moneta, you will seek to understand, discover possibilities, and take action to deliver an exceptional experience. Our approach focuses on building long-term relationships with clients so we can design and execute custom solutions tailored to their unique needs and aligned with their personal aspirations.
