Skip to main content

This job has expired

Associate Portfolio Manager (Private Asset Management)

Employer
TIAA
Location
New York, New York; Rochester, New York
Salary
$83,400/yr. - $116,300/yr.
Closing date
Oct 15, 2024
View more categoriesView less categories
Job Role
Wealth Management
Employment Type
Full Time
Experience Level
5 to 9 years
CFP® Certification
Not necessary

Job Details

The Associate Portfolio Manager, Portfolio Asset Management job provides investment and analytical expertise to Individual/Trust Account Portfolio Managers to help optimize the investment performance of client portfolios. Under limited supervision, this job conducts complex market and industry analysis to best inform wealth management decisions and to align client investment objectives and risk profiles with portfolio decisions.

Key Responsibilities and Duties
  • Monitors wealth management databases, maintains client records and conducts ad-hoc research as requested by management team.
  • Manages existing portfolio assets and reviews adherence to client's investment policy statement on a regular basis.
  • Supervises operational matters, including portfolio rebalancing activities, and resolves client service issues as needed.
  • Provides recommendations for portfolio adjustments to grow profit based on industry trends identified through market and risk analysis.
  • Develops analytical reports on trust portfolio status for clients and management team to update and create alignment between the two parties.
  • Partners with Portfolio Managers in the execution and verification of stock, bond and fund trading to optimize clients' investment portfolios.
  • Executes loss forecasting analysis for client portfolios to determine potential risk of individual portfolios.
  • Maintains detailed, updated knowledge of capital markets and the investment management industry to make informed decisions and implement best practices.
Educational Requirements
  • University (Degree) Preferred
Work Experience
  • 3 Years Required; 5 Years Preferred
Physical Requirements
  • Physical Requirements: Sedentary Work

Career Level
7IC

  • University Degree strongly preferred
  • Work towards obtaining CFP or CFA strongly preferred


Related Skills

Change Management, Client Financial Planning, Client Service, Communication, Data Analysis, Due Diligence, Executive Presence, Financial Acumen, Investment Reporting Oversight, Portfolio Management, Resourcefulness, Tax

Anticipated Posting End Date:
2024-10-19

Base Pay Range: $83,400/yr. - $116,300/yr.

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).

_____________________________________________________________________________________________________

Company Overview

TIAA is the leading provider of financial services in the academic, research, medical, cultural and government fields. We offer a wide range of financial solutions, including investing, banking, advice and education, and retirement services.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That's why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary .

Equal Opportunity

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Read more about the Equal Opportunity Law here .

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: (800) 842-2755

Email: accessibility.support@tiaa.org

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here .

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here .

For Applicants of Nuveen residing in Europe and APAC, please click here .

Company

Learn more about this company

Visit this company’s hub to learn about their values, culture, and latest jobs.

Visit employer hub

Learn more about this company

Visit this company’s hub to learn about their values, culture, and latest jobs.

Visit employer hub

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert