Portfolio Implementation Associate

Although we value experience and skills, we also care about who you are. We strive to surround ourselves with good people that share our values, that work hard, and that support each other as a team and as individuals.
Job Description
DUTIES AND RESPONSIBILITIES: (generally representative of the nature and level of work assigned and are not necessarily all inclusive)

• Assist with administrative management of accounts:
  • Verify accuracy and suitability of client new account paperwork
  • Monitor Sponsor platforms and e-mails for account activity, withdrawals, deposits, etc.
  • Generate various reports for WRAP Trading and Portfolio Management Associate teams
  • Document and file paperwork
  • Maintain Program trade database and WRAP sponsor list
  • Coordinate and respond to sponsor inquiries
  • Distribute client paperwork to necessary parties
  • Review: quarterly and annual SOIs; Fidelity/Schwab daily alerts; various daily reports for Portfolio Management Associates; quarterly MSCI report for changes
• Risk Management
  • Review Program trades for all accounts
  • Reconcile strategy models
  • Generate and review strategy drift reports
  • Keep current on Corporate Actions that impact the portfolios
• Trading:
  • Communicate Strategy Models to Model only Sponsors
  • Monitor trading activity/execution and order allocation
  • Investigate allocation issues
  • Liaison between Institutional Trading and PMA
  • Liaison between Institutional Trading and WRAP Trading
  • Coordinate Step-out Trades with Operations
  • Key contact for settlements
• Miscellaneous:
  • Work with other PMAs and WRAP Traders on ad hoc projects
  • Assist in tailoring system upgrades and developments to team's needs

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required for the position. Other duties may be assigned from time to time by management. The percentage of time for each duty or responsibility may vary in response to business needs.
MINIMUM QUALIFICATIONS: (education, experience, certifications, licenses & skills required)

• 2 to 4 years relevant investment experience
• Proficient in MS Excel (sort, search, link, pivot tables, formatting, formulas, macros, VB, etc.)
• Ability to competently handle multiple projects and/or tasks simultaneously and meet deadlines
• Strong organizational skills, attention to both detail and the big picture
• Microsoft Office (Word, Excel, Outlook, Access, Explorer)
• Proficiency in the following programs or systems would be a plus: Bloomberg, Charles River, GWP, Factset, Vestek, Fiserv APL & MMS
• Strong communication skills
• Able to work as a team
• Perform well under pressure
• Proactive and inquisitive about markets, financial theory, investment management industry

In addition to Vacation, PTO benefits and a generous 401(k) company match, KAR is proud to offer its employees benefits:

• Competitive Pay
• Medical, Dental, and Vision Insurance
• Life and Disability Insurance
• Health Savings Account with a Company Match
• Flexible Spending Accounts including Dependent Care
• Wellness Program
• Tuition Reimbursement
• 24-Hour Employee Assistance Program
• Adoption Assistance
• Paid Family Care Time
• Paid Volunteer days
• Paid parking
• Gym onsite
• Fully stocked kitchen- lunch provided
• Hybrid 3/2 remote (subject to change)

KAR is made up of diverse, talented, and passionate employees working together to achieve a common and rewarding goal: providing high quality investment strategies and wealth solutions for our clients. We are currently seeking candidates who possess the skills, vision, and determination to excel in their chosen fields.
Awarded Best Firm Culture at the 2022 PAM Awards, KAR maintains a team-oriented culture of accessibility, open communication, and respect. We believe in empowering and growing our people and are excited to be hiring.
KAR is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
For additional general information on Kayne Anderson Rudnick, please access the firm's web site at www.kayne.com
Salary Range: $67,000- $92,000
The starting salary offer will vary based on the applicant's education, experience, skills, abilities, geographic location, internal equity, and alignment with market data.
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