Investment Portfolio Associate - Locust Valley, NY

Job Description Summary

Under direct supervision, uses specialized knowledge and skills obtained through education and experience, to assist in analyzing portfolio analytics, asset allocation and investment holdings with client portfolios and make appropriate recommendations when warranted. Provides professional support to Financial Advisors by preparing industry and company research by collecting, organizing data, writing investment-related research reports, and creating/ maintaining financial models. Regular contact with internal and external customers is required to obtain, clarify, or provide facts or information.

Job Description

Essential Duties and Responsibilities

• Collects fundamental research on related companies as requested by Financial Advisors.

• Uses analytical tools, software and methodologies to research investment products, asset allocation and comparative analysis on portfolios.

• Assists in preparation of written industry and company specific reports

• Assists in development of financial models for revenue and income forecasts.

• Assists with research and analytics used in Investment Strategy white papers for Financial Advisors.

• Assists with preparation of presentations, portfolio/equity analyses, and proposals for High Net Worth and institutional clients and prospects.

• May participate in client meetings to identify client goals and tolerances.

• Assists with developing individualized client investment strategy for Financial Advisor.

• Responds to inquiries from Financial Advisors to research and resolve issues.

• Prepares customized written industry and company specific reports upon request to Financial Advisor.

• Assists in development of financial models to forecast team revenue and income.

• Assists with preparation of scheduled and ad hoc performance reports.

• Maintains checklists for tracking periodic investment managers’ reviews by third party and independent investment manager searches.

• Generates periodic reports on investment analyses and peer group comparisons with relevant investment benchmarks for clients.

• Interfaces effectively with all levels of staff in managing portfolios.

• Completes ad hoc projects and reports as assigned.

• Performs other duties and responsibilities as assigned.

Knowledge of

• Software necessary for portfolio analysis.

• Investment concepts, practices and procedures used in the industry.

• Principles of estate planning, trusts and securities industry operations.

• Financial markets and products.

• Effectively managing client relationships.

• Strategic planning as part of client retention focus.

• Gathering and compiling information and data.

• Preparing and delivering written and oral presentations.

• Operating standard office equipment and using required software applications.

• Complete job duties independently, with little supervision.

• Partner with other functional areas to accomplish objectives.

• Communicate effectively, both orally and in writing.

• Provide a high level of service.

• Establish and maintain effective working relationships at all organizational levels.

• Participate in professional organizations and activities.

• Maintain currency in industry services and products.

• Manage multiple tasks with changing priorities to meet deadlines and goals in a fast paced environment.

Skill in

• Effectively managing client relationships.

• Strategic planning as part of client retention focus.

• Gathering and compiling information and data.

• Preparing and delivering written and oral presentations.

• Operating standard office equipment and using required software applications.

• Complete job duties independently, with little supervision.

• Partner with other functional areas to accomplish objectives.

• Communicate effectively, both orally and in writing.

• Provide a high level of service.

• Establish and maintain effective working relationships at all organizational levels.

• Participate in professional organizations and activities.

• Maintain currency in industry services and products.

• Manage multiple tasks with changing priorities to meet deadlines and goals in a fast paced environment.

Ability to

• Complete job duties independently, with little supervision.

• Partner with other functional areas to accomplish objectives.

• Communicate effectively, both orally and in writing.

• Provide a high level of service.

• Establish and maintain effective working relationships at all organizational levels.

• Participate in professional organizations and activities.

• Maintain currency in industry services and products.

• Manage multiple tasks with changing priorities to meet deadlines and goals in a fast paced environment.

Education/Previous Experience

• Bachelor’s Degree (B.A.) in related field with a minimum of two (2) years of experience in financial services environment with an emphasis on conducting market research and analysis, or any equivalent combination of education, experience and/or training approved by Human Resources.

Licenses/Certifications

• SIE required provided that an exemption or grandfathering cannot be applied.

• Series 7 required.

• Series 63, 65 and/or 66 as required by state.

• Additional licenses or designations may be required as needed.

***This associate will be eligible for an annual discretionary bonus and monthly performance payout.***

Education

Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: Finance

Work Experience

General Experience - 13 months to 3 years

Certifications

s66 - Uniform Combined State Law Examination - Financial Industry Regulatory Authority (FINRA), s7TO - General Securities Representative Examination - Financial Industry Regulatory Authority (FINRA), Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)

Salary Range

$62,353.20-$90,000.00

Travel

Less than 25%

Workstyle

Resident

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. 
We expect our associates at all levels to:
•  Grow professionally and inspire others to do the same
•  Work with and through others to achieve desired outcomes
•  Make prompt, pragmatic choices and act with the client in mind
•  Take ownership and hold themselves and others accountable for delivering results that matter
•  Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.  When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. 

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