What you’ll do:
As an Associate Portfolio Manager, you will support the management and oversight of multi-asset model portfolios for client accounts, utilizing Unified Managed Accounts (UMAs). You’ll work with other members of the Investment and Engineering teams to refine, enhance and build best-in-class portfolio management capabilities covering thousands of accounts. You’ll partner with other members of the Ethic team to design and implement customized strategies and proposals for our end clients. Additionally, working with us, you’ll…
- Own and execute on portfolio constructions, asset allocation, rebalancing, performance monitoring and investment strategy analysis for multi-asset portfolios
- Use quantitative risk models and optimization techniques to manage SMA equity portfolios
- Design, implement and QA end-to-end new investment process functionalities and improvements
- Work closely with our technology and sustainability teams to discover and execute on opportunities for innovation and automation throughout the portfolio construction, management and client engagement/reporting processes
- Partner with Relationship Management and Business Development teams to create and implement portfolio solutions for our clients
- Investment research and analysis including risk management, investment exposures, sensitivities, client specific customizations and tax overlays
- Regular knowledge transfer within team and across organization through process and flow documentation, office hours, learning sessions
Who you are:
- You’re passionate about positively impacting the future of our planet and humanity
- You’re independent and comfortable working at a small, fast-paced startup
- You’re kind, curious, and interested in other people’s perspectives
- You’re inventive and excited about building something new
- You’re open-minded and value diversity
What you’ll bring to the table:
- 2 - 4 years of experience in asset management/portfolio management, ideally with a background in quantitative investment strategies
- Strong understanding of asset allocation, portfolio construction, and risk management.
- Background in and/or understanding of tax-managed portfolio management is strongly preferred
- Understanding of investment operations including trading, execution, reconciliation and performance
- Solid investment fundamentals and strong interest in financial markets
- Exceptional attention to detail and organizational skills with the ability to manage multiple tasks and deadlines.
- Excellent verbal and written communication skills with an ability to explain complex financial concepts to a variety of stakeholders from business development, to engineers, to advisor clients
- Background in sustainable investing is preferred, but not required
About Ethic:
We at Ethic partner with advisors and institutions to deliver personalized, values-aligned, and tax-smart investing. Our technology enables sophisticated investment solutions through a simple and engaging client experience. We empower advisors and institutions to deliver investments that reflect what matters most to them and their clients.
We're backed by investors including Oak HC/FT, Nyca Partners, Fidelity, UBS, Jordan Park Group, and Kapor Capital. We are an SEC Registered Investment Adviser based in New York City.
Our team is committed to fostering an environment that brings together diverse voices, perspectives, and lived experiences. We are striving to drive positive outcomes for investors and to contribute to a more sustainable and prosperous future for the world.
Compensation & Benefits:
Compensation at Ethic is a combination of base salary, equity (stock options) in the company, and benefits.
The base salary for this role will range from $100,000-120,000 per year, commensurate with experience.
Our benefits package includes:
- Medical, dental & vision insurance – premiums 100% covered by Ethic (includes dependents)
- 401k with sustainable investment options and a 3.5% employer match
- Unlimited paid time off
- 16-weeks of paid parental leave
- An annual $600 wellness & education stipend
- Sponsored employee resource groups
- Regular lunch & learns and volunteering opportunities
- A fully-stocked office in lower Manhattan + the flexibility to regularly work remotely
Location: New York, NY (in-office at least 3 days a week)
Submit an application:
If you are interested in applying for this role, please submit both a resume and a cover letter below.
Ethic values the diversity of our team and welcomes applications from all backgrounds and life experiences. In order to continuously grow a diverse team, we are taking a data-driven approach to understanding and iterating our hiring practices.
