Asset Management - 55ip Portfolio Oversight - Associate

JPMorgan Chase

  • Boston, MA
  • $113,000-160,000 per year
  • Permanent
  • Full-time
  • 7 days ago
Working at 55ip means standing at the intersection of finance and technology-and at the cutting edge of wealth management. We've been making rapid progress on our mission: to break down barriers to financial progress for financial advisors and their clients. Our Boston- and Mumbai-based team has built and brought to market a tax-smart investment strategy engine delivering an intuitive experience and intelligent automation. Driven by strategic partnerships with world-class asset management firms, such as BlackRock and J.P. Morgan, we've experienced breakthrough growth over the last year. Today, over 300 financial advisor firms with $300 billion in assets (and counting) are using 55ip.As the Portfolio Implementation & Oversight Associate within the Platform Management and Strategy Team, you will be responsible for the day-to-day oversight of 55ip's portfolio implementation platform, focusing on client portfolio investment and tax outcomes. You will collaborate with various functional teams, external partners, and clients, acting as a subject matter expert to support ad-hoc analyses, new product development, and strategic initiatives.Job Responsibilities
  • Analyze and review client portfolio trade orders, ensuring alignment with intended investment and tax outcomes.
  • Produce, analyze, and support presentation of periodic platform-level portfolio oversight reporting
  • Conduct ad-hoc client and internal analyses related to client portfolio investment and/or tax-management outcomes.
  • Develop a practical expertise of 55ip's tech-enabled portfolio implementation and tax management capabilities and be able to provide support and develop solutions for internal teams, external partners, and clients.
  • Partnering internally across Quantitative R&D, Product, Tech, Ops, and Client Facing teams.
  • Support the error correction process, providing analysis and oversight of error remediation action.
Required qualifications, capabilities and skills
  • Bachelor's degree in finance or economics
  • 3+ years of experience in an Investment and/or Wealth Management environment, particularly with a focus on client portfolio implementation, investment oversight/governance, and/or wealth management platform/tech experience
  • Passion for financial markets and technology in the asset and wealth management industry
  • Understanding of ETFs, mutual funds, model-portfolios, separately managed accounts, and direct indexing
  • Knowledge of basic statistics and quantitative analysis method, strong Excel skills
  • Strong data analysis and visualization skills
  • Excellent verbal and written communication skills
  • Strong attention to detail with the ability to conceptualize and learn complex financial data
  • Ability to manage multiple projects and work well under pressure while handling large workloads and short timelines
  • Ability to work cooperatively and collaboratively with all levels of employees and management
  • Ability to work effectively in a highly collaborative, team-oriented environment
Preferred qualifications, capabilities and skills
  • Demonstrated interest and/or progress towards CFA designation preferred
About 55ip55ip is a financial technology company whose purpose is to break down barriers to financial progress. Wealth management enterprises and financial advisors use 55ip's tax-smart investment strategy engine to dramatically improve their efficiency and effectiveness. 55ip's intuitive experience and intelligent automation elevate portfolio design and delivery, helping advisors save time and drive better outcomes for their clients. At the heart of the experience is 55ip's ActiveTax® Technology, which includes tax-smart transitions, management, and withdrawals. 55ip is becoming the industry standard by connecting to platforms where advisors manage their client accounts, enhancing workflow and reducing the need to move the assets. More information is available at https://55-ip.com/JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/VeteransBase Pay/Salary
Boston,MA $113,000.00 - $160,000.00 / year

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