We are looking for an Associate Portfolio Manager to join our dynamic team based in Richmond, Virginia! The Associate Portfolio Manager will support the investment team in all aspects of the portfolio-related process. Day-to-day responsibilities will include reviewing client portfolios, monitoring the portfolio management mailbox and databases, and executing trading operations. This role includes involvement in various aspects of the wealth management process, including consultations with our wealth management advisors and their clients, thus providing ample opportunity for skill development and career advancement. This role will report to the Director of Portfolio Management.
Responsibilities:
Update and maintain client portfolios which includes the management of liquidity needs, client-specific restrictions, and overall positioning relative to client investment objectives as requested by Wealth Management Advisors
Prepare regular exposure and risk reports, conduct portfolio reviews, rebalance portfolios, create proposals, and monitor investment model changes across multiple client accounts
Assist with analyzing securities, account transitions, and managing cash flow activities, along with identifying risks and proposing solutions
Understand and apply economic and market trends and company-specific financial information to assist with the buying or selling of individual stocks, bonds, mutual funds, ETFs, and other investment vehicles
Support the development of portfolio strategies to transition new and existing clients to Godsey & Gibb's investment strategy
Execute daily, monthly, and annual trading operation processes including data integrity maintenance, reconciliation, and troubleshooting of trade settlement services
Resolve trade errors with custodians and internal teams to ensure best execution of trades requiring special handling
Manage and monitor corporate action activities while keeping firm management informed of changes
Reconcile and maintain client investment records, including cost basis adjustments and application of appropriate corporate actions
Collaborate with various teams to optimize processes through workflow design and technology
Perform other related duties and projects as assigned
Minimum Qualifications:
Bachelor's degree in finance or related field
Must have or obtain FINRA Series 65 license within 90 days of hire
2+ years of experience in the financial services, investments, or portfolio management industries
Location:
Richmond, VA - This position is eligible for a hybrid work arrangement (three days onsite, two days remote) once in-office training is complete and approved by position's manager.
Work Authorization:
Applicants must be authorized to work for any employer in the United States. At this time, Godsey & Gibb Wealth Management will not sponsor a new applicant for employment authorization for this position. At this time, relocation assistance is not available for this position. No agencies please. Godsey & Gibb Wealth Management does not accept any unsolicited resumes from external recruiting firms.
Keywords: associate portfolio manager, portfolio administrator, portfolio analyst, wealth management, Series 65, trader, trading operations, high net worth clients, investment strategy, fiduciary, SEC, compliance, investment analyst
Benefit Highlights:
At Godsey & Gibb, we offer a competitive and comprehensive benefits package including, but not limited to:
Competitive salary
Bonus potential
Medical, dental, and vision insurance
Flexible spending accounts
401(k) matching
Life insurance
Paid time off
Paid maternity/parental leave
Tuition reimbursement
Professional development assistance
Health and fitness reimbursement
Cultural arts reimbursement
Paid volunteer time off
Matching charitable gift program
Regular team events
About Us:
Founded in Richmond, Virginia in 1985, Godsey & Gibb is a fast-growing wealth management firm serving high-net-worth clients nationwide with a focus on the Southeast. We leverage our Isn't knowledge and experience to guide our clients through unpredictable financial markets.
We are dedicated to providing a very professional, high-touch, high-level of client service. To achieve this level of service, effective teamwork and communication with colleagues and clients are essential. In joining a team of successful professionals, the ideal candidate will be expected to put our clients' best interests first and participate fully in providing an exceptional client experience.