Associate, Portfolio Compliance

Cambridge Associates LLC; Boston (MA); On-site; USD 66,800 - 86,800; Full time

Benefits offered by this job

Annual bonus

Benefits package

Job summary

Cambridge Associates LLC in Boston seeks a Portfolio Compliance Associate to monitor OCIO portfolios for adherence to client investment guidelines and firm policies. The role involves building Excel-based monitoring models, investigating issues pre- and post-trade, and preparing monthly reports while collaborating with investment, legal, and operations teams.

A base salary within the stated range accompanies a performance bonus and comprehensive benefits; actual placement depends on skills and

Qualifications

• 1 - 3 years of relevant work experience in financial services, preferably in compliance or audit.
• Bachelor’s degree in business, finance, or related field with a record of high academic achievement
• Advanced proficiency in Microsoft Excel
• Strong quantitative, analytical, and communication skills, as well as a keen attention to detail
• Familiarity with the major asset classes and their role in an investment portfolio
• Prior experience with Charles River, Bloomberg AIM, or Eze Castle compliance software is a plus, but not required
• Demonstrated problem solving skills, multi-tasking abilities, and sound judgment
• A demonstrated ability to work independently and as part of a team

Responsibilities

• Establishing a thorough understanding of client investment policy statements, the policies of Cambridge Associates and CA Capital Management
• Creating and maintaining appropriate Excel models to monitor portfolio compliance both pre- and post-trade
• Ensuring all transaction-based compliance issues are properly investigated, documented, and incorporated into monthly reports
• Assist the Portfolio Compliance Manager in proposing policy amendments to address identified risks and/or inefficiencies
• Working with other departments within the firm to complete various regulatory filings in a timely manner
• Serving as a policy resource to members of the investment, legal, management and operational teams
• Providing coverage for absent Portfolio Compliance team members
• Staying abreast of industry trends through personal research, networking, and conference attendance
• Performing other ad hoc requests as assigned

Skills

Excel proficiency

Quantitative analysis

Attention to detail

Communication skills

Independent worker

Team collaboration

Problem solving

Multi-tasking

Education

Bachelor’s degree in business, finance, or related field

Tools

Charles River

Bloomberg AIM

Eze Castle

Job description

Firm Overview

Cambridge Associates ("CA") is a leading global investment firm. CA’s goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate outperformance so that they can maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting. Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania. Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world.

Job Description Summary

As a unit of the Compliance Department, the Portfolio Compliance Associate is responsible for monitoring portfolios managed by Cambridge Associates Outsourced Chief Investment Officers (OCIOs) for compliance with the firm and client’s investment guidelines.

Primary Responsibilities

• Establishing a thorough understanding of client investment policy statements, the policies of Cambridge Associates and CA Capital Management
• Creating and maintaining appropriate Excel models to monitor portfolio compliance both pre- and post-trade
• Ensuring all transaction-based compliance issues are properly investigated, documented, and incorporated into monthly reports
• Assist the Portfolio Compliance Manager in proposing policy amendments to address identified risks and/or inefficiencies
• Working with other departments within the firm to complete various regulatory filings in a timely manner

Secondary Responsibilities

• Serving as a policy resource to members of the investment, legal, management and operational teams
• Providing coverage for absent Portfolio Compliance team members
• Staying abreast of industry trends through personal research, networking, and conference attendance
• Performing other ad hoc requests as assigned

Qualifications

• 1 - 3 years of relevant work experience within the financial services industry, preferably in an investment compliance or audit environment
• Bachelor’s degree in business, finance, or related field with a record of high academic achievement
• Advanced proficiency in Microsoft Excel
• Strong quantitative, analytical, and communication skills, as well as a keen attention to detail
• Familiarity with the major asset classes and their role in an investment portfolio
• Prior experience with Charles River, Bloomberg AIM, or Eze Castle compliance software is a plus, but not required
• Demonstrated problem solving skills, multi-tasking abilities, and sound judgment
• A demonstrated ability to work independently and as part of a team

Benefits

Base salary range for this role: Pay Range Minimum: $66,800 Pay Range Maximum: $86,800. In addition to the listed salary range, this position is eligible for an annual performance-based bonus and a comprehensive, competitive benefits package. Actual placement within the stated salary range will be determined based on factors such as skills, experience, and qualifications, as well as internal equity.

Equal Employment Opportunity Statement

The firm is committed to the concept and practice of equal employment opportunity, and will not discriminate against any employee or applicant on the basis of race, color, religion, age, sex, national origin, sexual orientation, gender identity, disability, or veteran status. It is expected that all employees will follow a similar policy toward their co-workers.