Investment Associate

Job description

The Investment Associate applies their financial markets knowledge, analytical expertise, and interpersonal skills to promote a seamless investment process and superior client experience. The role combines elements of investment research, account administration, client service, and business process improvement. The Investment Associate performs portfolio analysis and monitoring, develops strategy and manages execution, and generates specific analysis and reports for existing and prospective clients. The Investment Associate will receive significant mentoring but is expected to quickly gain the expertise and confidence to work independently and professionally. Ideal candidates should possess a positive attitude, an ability to learn, and a desire to improve. Candidates should also be passionate about investing, assisting clients, and contributing to the success of the firm.

Essential Duties and Responsibilities

• Closely monitors the asset allocation, available cash, upcoming maturities, expected dividends and interest, realized and unrealized capital gains, and recent trading activity to ensure that portfolios are appropriately invested and aligned with client guidelines.
• Suggests and executes trades to implement portfolio changes.
• Creates and reviews materials for client meetings and attends client meetings as needed.
• Analyzes portfolio holdings and daily transactions data to generate management reports and audit data.
• Evaluates office workflows and procedures and identify opportunities for improvement.
• Under the direction of the Portfolio Manager, conducts investment research which may include analysis of individual securities (stocks, bonds, mutual funds, and alternative investments), asset classes, and economic data.
• Answers phone and email inquiries from clients as needed and provides basic portfolio updates.
• Assists in developing presentations, strategies, and rapport with current and prospective clients.
• Handles various portfolio administrative functions including but not limited to reviewing client billing; confirming security cost basis; ensuring funds are available to meet client distributions; determining instruments to sell to raise cash; and selecting suitable securities to satisfy in-kind charitable giving requests.
• Works on special projects as needed.
• Additional responsibilities as assigned or requested.

Qualifications

• Bachelor's degree required.
• Programming, accounting, or statistical knowledge a plus.
• 3 or more year's related experience required.
• Advanced knowledge of Excel formulas and experience making presentation ready materials in Excel and PowerPoint.
• Experience or education in financial markets.
• Experience with market data systems such as FactSet, Bloomberg, and Morningstar is preferred but not required.
• Excellent communication and interpersonal skills.
• Strong analytical skills, including inductive reasoning and critical thinking.
• Highly motivated and excellent time management skills.
• Must be available to work additional hours as needed.

ABOUT 1919 INVESTMENT COUNSEL

1919 Investment Counsel, a wholly owned subsidiary of Stifel Financial Corporation, provides investment management and financial planning services to wealthy individuals, families, trusts, foundations, and institutions. 1919 Investment Counsel manages more than $19 billion of client assets and has offices in Baltimore, Birmingham, Cincinnati, New York, San Francisco, Philadelphia and Vero Beach. 1919 Investment Counsel has a team of portfolio managers, research analysts and client service professionals that work together to construct investment portfolios that are tailored to each client's specific needs and objectives and to deliver tailored solutions that preserve, build and manage wealth for 1919 Investment Counsel's clients. The firm primarily serves high net worth clients which often require complex financial planning and advice as well as exceptional client service.

The health and safety of our employees and candidates is very important to us. We continue to monitor the current public health situation and have adjusted our hiring procedures to include virtual recruiting tools that allow us to continue meeting new candidates. We look forward to "virtually" meeting you.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee discount
• Flexible spending account
• Health insurance
• Health savings account
• Paid time off
• Professional development assistance
• Retirement plan
• Vision insurance

Physical Setting:

• Office

Schedule:

• Monday to Friday

Supplemental Pay:

• Bonus pay

Education:

• Bachelor's (Required)

Work Location: One location