Associate Portfolio Manager

11/21/2024

Address:

4900 N Scottsdale Road

Job Family Group:

Customer Solutions

An Associate Portfolio Manager (APM) at Stoker Ostler Wealth Advisors works directly with 5-9 different Portfolio Managers to manage the execution of client investment strategies using Tamarac. This involves helping to facilitate the daily monitoring of clients’ portfolios. In this capacity, APM identifies asset categories that have deviated a desired amount from their original target allocations and present a rebalancing opportunity. When APM has identified a rebalancing opportunity, they work with Portfolio Managers to implement the appropriate trading actions, such as selling certain assets with relative outperformance and buying certain assets with relative underperformance. APM also assists in the monitoring of cash reserve requirements and implementing strategies that enhance the tax efficiency of portfolios such as tax-loss harvesting. APM monitors the escalating fixed income individual bonds list, bond sales and building bond ladders. Also, may provide stock, bond, ETF, and mutual fund research and analysis. APM participates in the Investment Committee.

Desirable Qualities:

• Detail oriented
• Tech savvy
• Quick-learner
• Motivated
• Team player
• Calm under pressure
• Ability to multi-task and meet deadlines
• Positive personality
• Tamarac experience a plus
• Interest in CFA a plus

Salary:

$57,200.00 - $106,600.00

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

We’re here to help

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at http://jobs.bmo.com/us/en

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. BMO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.