Analyst, Portfolio Management Bethesda, MD

Proshares; Bethesda (MD); On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Discretionary bonus

Paid time off

Insurance: life and disability

401(k) with matching

Wellness programs

Education assistance

Employee recognition programs

Job summary

ProShares is seeking a Portfolio Analyst to support the Portfolio Management (PM) career track from Analyst to Director levels. The role supports ETF and mutual fund management, trading under supervision, and data analysis to align with investment objectives.

You will collaborate on portfolio construction, asset allocation, security selection and performance reporting while ensuring compliance with regulatory requirements and internal guidelines.

Qualifications

• Undergraduate degree in finance, economics, math or related field.
• 1–3 years of related experience in fund accounting or investment operations preferred.
• Security or derivative trading and operational experience is a plus.

Responsibilities

• Assist with daily management of ETFs and mutual funds under oversight.
• Place trades within regulatory requirements and guidelines for best execution.
• Review data sets to ensure accurate processing and reporting of funds.
• Collaborate with the portfolio management team on construction, allocation and repositioning.
• Monitor portfolio and ensure regulatory compliance throughout the day.

Skills

Analytical skills

Quantitative skills

Attention to detail

Multi-tasking

Education

Undergraduate degree in finance, economics, math or related field

Job description

ProShares now offers one of the largest lineups of ETFs, with over $100 billion in assets. The company is a leader in strategies such as crypto, dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

Position Summary:

Portfolio Analyst is the first step in the Portfolio Manager (PM) career track at ProShares. The PM career track begins at Analyst, Senior Analyst, Associate Portfolio Manager, Desk Head, (Portfolio Manager, and Senior Portfolio Manager) and concludes with Director, Portfolio Management.

Each step in the PM career track contains a similar series of tasks, skills, and characteristics that are performed at an increasing level of understanding and responsibility as they progress through the track. The Portfolio Analysts play an integral role in three of the essential job functions within the Portfolio Department:

• Portfolio Management—With the Desk Head’s oversight, assist with the daily management of ETFs and or Mutual Funds,
• Portfolio Trading— With the Desk Head’s oversight, places trades within the regulatory requirements, prospectus, internal guidelines and the guidelines of best execution,
• Portfolio Administration— Review of broad data sets to ensure accurate processing and reporting of the funds.
• Works, under the supervision of the Portfolio Manager, to implement the investment strategy to ensure alignment with stated investment objectives.
• Collaborate with the portfolio management team by performing data analysis pertaining to portfolio construction, asset allocation, security selection, and portfolio repositioning.
• Continuously monitor the portfolio and confirm compliance with regulatory requirements.
• Assist the Portfolio Manager in the development of a tax efficient strategy and implement it throughout the year.
• Assist the Portfolio Manager in analyzing the daily performance attribution of the funds.
• Support timely and consistent communication with internal and external stakeholders.
• Responsible, under direction, for executing trades authorized by the Portfolio Manager for the rebalancing of the funds.
• Perform and implement cost benefit analysis in an effort to obtain best execution.
• Help improve the portfolio trading workflow process.
• Report daily portfolio transactions.
• Reconcile end of day portfolio composition.
• Verify net asset value of the portfolio.
• Ensure timely delivery of portfolio performance and characteristics.

What Sets This Role Apart:

• The ability to work with a top investment firm
• Exposure to multiple investment vehicles in both the ETF and Mutual Fund structure
• Ability to work, build, develop and improve processes and procedures
• Liaise with major brokerage firms for trading and execution

What You Bring:

• Undergraduate degree required in finance, economics, math or related field preferred.
• One to three years related experience in fund accounting, investment operations preferred.
• Security or derivative trading and operational experience preferred.

Success at ProShares:

• Excellent mathematical, quantitative and analytical skills.
• Familiarity with industry standard systems desirable.
• Attention to detail and strong presentational skills required.
• Strong organizational skills and ability to multi-task in a fast-paced environment.

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $80,000-$100,000 (USD), which does not include discretionary bonus compensation. Total compensation may vary based on experience, role, location, department, and individual performance.

• Competitive pay and discretionary bonus
• Paid time off
• Additional insurance includes basic life, accidental death and dismemberment, supplemental life, disability and legal benefit
• 401(k) retirement plan with matching contribution
• Spending Accounts (Health Care, Dependent Care, and Transportation)
• Wellness Programs (fitness reimbursement, Employee Assistance Program)
• Education assistance
• Additional Programs include peer recognition, corporate matching gift

[1] These statements are intended to describe the general nature and level of work involved for this job. It is not an exhaustive list of all responsibilities, duties and skills required of this job. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

ProShare Advisors LLC and its affiliates are equal opportunity employers and do not discriminate against otherwise qualified applicants on the basis of age, race, color, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), marital or family status, national origin, ancestry, physical or mental disability, mental condition, veteran status, sexual orientation, gender identity, genetic information, or any other characteristic protected by applicable law.