Associate Overlay Portfolio Manager

Edward Jones; Tempe (AZ); On-site; USD 120,000 - 170,000; Full time

Benefits offered by this job

Medical and prescription drug benefits

Dental benefits

Vision benefits

Voluntary benefits

Job summary

Edward Jones is seeking an experienced Associate Overlay Portfolio Manager in Tempe, AZ to support overlay portfolio management for Separately Managed Accounts (SMA). You will monitor performance, refine processes, and collaborate with sub-advisor teams to implement strategies and tax-managed transitions.

The role emphasizes data analysis, communication skills, and cross-functional collaboration, with opportunities to contribute to process improvements and client outcomes.

Qualifications

• 5+ years of 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 and attention to detail.
• Ability to work on multiple projects simultaneously.

Responsibilities

• Monitor performance of separate account composites relative to benchmarks and institutional composites.
• Analyze performance attribution reports to identify factors affecting performance.
• Lead calls with sub-advisor trading and portfolio management teams to onboard new strategies and address model communication issues.
• Assist other overlay portfolio managers with tax loss harvesting, account equitization, and multi-year tax managed transitions.
• Operate during standard business hours with occasional coverage during U.S. market hours.

Skills

Strong communication

Technology aptitude

Critical thinking

Organizational skills

Multi-project management

Python programming

Education

Bachelor's degree

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.

View our Purpose, Inclusion and Citizenship Report (https://careers.edwardjones.com/blog/edward-jones-releases-annual-purpose-inclusion-and-citizenship-report/?codes=DIRECT&utm_source=DIRECT).

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 include:

• 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

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.

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 (https://careers.edwardjones.com/blog/?_sft_category=awards-accolades)

Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones (https://careers.edwardjones.com/en-CA/blogs/?_sft_category=awards-accolades-en-ca)

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.

Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page (https://secure.edwardjonesbenefits.com/fleet/public/index/f914262d-0362-4682-bd1e-0ccd25f1dfb1).