Associate Overlay Portfolio Manager

Edward Jones; St. Louis (MO); On-site; USD 120,000 - 150,000; Full time

Benefits offered by this job

Medical and prescription drug

Dental

Vision

401k retirement plan

Health savings account

Flexible spending account

Paid holidays

Vacation time

Job summary

Edward Jones seeks an Associate Overlay Portfolio Manager to support SMA strategy implementation and monitoring. You will use analytical tools to track performance and risk, refining daily overlay processes with the team, including tax loss harvesting and transitions.

The candidate should have 5+ years of industry experience, a Bachelor's degree, and strong communication and data-analysis skills, with attention to detail and multitasking ability in a fast-paced financial environment.

Qualifications

• 5+ years' industry experience.
• Bachelor's degree required.
• Strong written and verbal communication skills.
• Strong technology skills and learning agility with new technology.
• Ability to think critically and research/analyze data.
• Demonstrated organizational skills & attention to detail.
• Ability to work on multiple projects simultaneously.

Responsibilities

• Monitor performance of separate account composites relative to benchmarks as well as corresponding institutional composites.
• Analyze performance attribution reports on separate account strategies to identify key factors affecting performance.
• Participate in and lead calls with sub-advisor trading and portfolio management teams to onboard new strategies and address model communication issues with existing strategies.
• Assist other overlay portfolio managers with active tax loss harvesting process, account equitization, and multi-year tax managed transitions.
• This role generally operates during standard business hours. At times, business needs may require flexibility in scheduling, including occasional coverage during U.S. market hours.

Skills

Written communication

Verbal communication

Technology skills

Learning agility

Critical thinking

Data analysis

Organizational skills

Multitasking

Education

Bachelor's degree

Tools

Python

CFA designation

Job description

This job posting is anticipated to remain open for 30 days, from 21-Sep-2026. The posting may close early due to the volume of applicants.

Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 9 million clients and 20,000 financial advisors across the U.S. and Canada, we’re proud to be privately-owned, placing the focus on our clients rather than shareholder returns.

Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.

People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.

Purpose, Inclusion and Citizenship Report

¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.

Team Overview

Overlay Management serves advisors and clients by efficiently and expertly addressing their tax, risk, and customization needs through the coordinated management of investments across sleeves, accounts, and households. Applying seasoned judgment to orchestrate tailored outcomes from a complex web of client and model provider inputs, helps clients achieve goals and financial wellness, drives advisor efficiency, and makes a client and advisor’s relationship with Edward Jones irreplaceable.

What You Will Do

A primary focus for the Associate Overlay Portfolio Manager will be to assist the overlay portfolio management team in monitoring Separately Managed Accounts (SMA) strategy implementation. This includes using analytical tools to monitor performance and risk. The Associate Overlay Portfolio Manager will also work with the other members of the overlay portfolio management team to refine, develop, and assist in the daily implementation of overlay portfolio management processes including tax loss harvesting, equitization, and multi-year tax managed transitions.

Responsibilities

• Monitor performance of separate account composites relative to benchmarks as well as corresponding institutional composites.
• Analyze performance attribution reports on separate account strategies to identify key factors affecting performance.
• Participate in and lead calls with sub-advisor trading and portfolio management teams to onboard new strategies and address model communication issues with existing strategies.
• Assist other overlay portfolio managers with active tax loss harvesting process, account equitization, and multi-year tax managed transitions.
• This role generally operates during standard business hours. At times, business needs may require flexibility in scheduling, including occasional coverage during U.S. market hours.

What Experience You Need

• 5+ years' industry experience
• Bachelor's degree required
• Strong written and verbal communication skills
• Strong technology skills and learning agility with new technology
• Ability to think critically and research/analyze data
• Demonstrated organizational skills & attention to detail
• Ability to work on multiple projects simultaneously

What Could Set You Apart

• Experience applying data science or advanced analytics to business or operational decision-making
• Programming experience in Python, particularly for analysis, automation, or process optimization
• CFA designation or progress towards
• Experience monitoring /evaluating investment management strategies

Location & Working Hours

Candidates that live within a commutable distance from our Tempe, AZ, St. Louis, MO home office locations, and/or that work within a Talent Capability and Generations Hub are expected to work in the office four days per week.

Strategic Direction

Any changes in strategic direction will be determined by the General Partner responsible for the business segment.

At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.

Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones

Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones

Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.

Benefits

• medical and prescription drug
• dental
• vision
• voluntary benefits (such as accident, hospital indemnity, and critical illness)
• short- and long-term disability
• basic life
• basic AD&D coverage
• 401k retirement plan
• health savings account
• flexible spending account
• paid holidays
• 15 days of vacation for new associates beginning on January 1 of each year
• sick time
• personal days
• paid day for volunteerism
• bonuses and profit sharing
• Employee Assistance Program

Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates.

For more information on the benefits available to Edward Jones associates, please visit our benefits page.