Job Category: Administrative/Office
Location: Morristown, New Jersey, United States
Date published: 29-Jun-2022
Job type: Full Time
Description and Requirements
About the role
Portfolio Administrator
Private Advisor Group LLC is currently seeking an experienced Portfolio Administrator to join our team in Morristown, New Jersey (07960).
About Us:
Private Advisor Group is one of the fastest-growing RIAs in the U.S. and we were honored to be ranked #7 on Barron’s 2021 Top 100 RIA Firms list. Recently launched, WealthSuite is the in-house centrally managed advisory portfolio solution created in concert with several industry partners.
Job Summary:
The Portfolio Management team has the overall responsibility for implementing portfolio maintenance and allocation changes across the in-house WealthSuite accounts. The individual will also be a key resource directly interacting with the advisor partners on our platform including education, portfolio design, and trading specific questions.
Duties and Responsibilities:
Core duties and responsibilities include the following. Other duties may be assigned by management.
- Lead the management and execution of the daily trading related processes to fulfill all incoming requests for our centrally managed platform accounts.
- Manage and maintain model portfolios in coordination with firm strategists.
- Maintain and operate daily work queues to address incoming service requests regarding cash movement and strategy changes.
- Support the director of platform sales in expanding platform utilization within our firm.
- Provide internal reactive and proactive platform support to advisors.
- Training individuals on how to best utilize the platform and technology.
- Maintain and manage platform marketing content and materials with internal and external partners.
Education and Experience:
- 3+ years of related experience within the Financial Services industry
- FINRA Series 7 and Series 66
- Experience managing and trading model portfolios
- Experience managing portfolios within the Orion Eclipse system and/or similar trading and rebalancing tools is preferred
- Experience with utilizing Salesforce case management workflows is preferred
- Deep understanding of portfolio construction and investment products, including knowledge of managing taxable vs. non-taxable accounts
- General understanding of investment objective categories and risk tolerance
Skills and Abilities:
- Superior professional communication skills, in person, over the phone, and written
- Ability to thrive in a high-pressure environment
- Ability to multi-task, prioritize competing tasks, and meet deadlines
- High integrity with the ability to perform duties with the highest level of discretion and confidentiality
- Strong organizational skills and attention to detail
Compensation and Benefits:
- Salary is commensurate with experience.
- 401(k)
- Health Insurance (Dental, Vision and Medical)
- Paid Holidays
- Paid Vacation
Please submit your resume via the ‘Apply now’ button!
We are an Equal Opportunity Employer!