Associate Portfolio Manager - Personal Wealth

Empower Retirement, LLC; United States; Hybrid; USD 125,000 - 182,000; Full time

Benefits offered by this job

Health insurance

401(k) match

Tuition reimbursement

Paid time off

Volunteer time off

Parental leave

BRGs

Job summary

Empower Retirement, LLC is seeking an Associate Portfolio Manager to manage a separately managed account within Empower Wealth. Based near Chicago, IL or Greenwood Village, CO, this hybrid role supports strategy development, performance attribution, and client communications.

The candidate will lead portfolio optimization, prepare regular reports, and collaborate with the CIS and co-Portfolio Manager to identify market opportunities and risks.

Qualifications

• Bachelor’s degree in finance, economics, business, or related field.
• 7–10 years of experience in investment management or related field.
• Experience with portfolio optimization and market research.
• Proficiency with Bloomberg and Microsoft Office.
• Strong analytical, written and verbal communication skills.
• Ability to collaborate with investment, trading and client-facing partners.
• FINRA Series 63/65 or 66 licenses; CFA can substitute.

Responsibilities

• Oversee SMA day-to-day management and portfolio optimizations.
• Produce performance reports and conduct attribution analyses.
• Lead investment meetings with CIS and co-Portfolio Manager.
• Conduct sector and industry research in the U.S.
• Support quarterly and annual economic and market outlooks.
• Create ad hoc research and client communications about the strategy.
• Co-author monthly external commentary on SMA positioning and market developments.

Skills

Analytical skills

Quantitative skills

Written & verbal communication

Interpersonal & collaboration

Data visualization

Portfolio optimization

Microsoft Office

Education

Bachelor's degree in finance/economics/business

CFA designation preferred

FINRA Series 63/65 or 66 licenses (or CFA in lieu)

Tools

Bloomberg (BBG)

Job description

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them. Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

Reporting to the Chief Investment Strategist (CIS), the Associate Portfolio Manager is responsible for the day-to-day management and oversight of a separately managed account (SMA) managed by Empower’s Strategist Office and available through Empower Wealth. The Strategist Office develops Empower’s economic and market outlook and provides market perspectives to financial media, clients, and the general public. The role monitors portfolio positioning and performance, conducts investment and market research, collaborates with investment and trading partners, and supports client and external communications related to the strategy. This individual must be based in proximity to the Chicago, IL or Greenwood Village, CO office and is a hybrid position.

What You Will Do

Provide day-to-day management and oversight of the separately managed account (SMA), including running portfolio optimizations, monitoring position sizes relative to targets, and coordinating with the trading team on model and client account adjustments.

Produce daily, weekly, monthly, and quarterly strategy performance and attribution reports and conduct ongoing portfolio and performance analysis.

Lead regular investment meetings related to the strategy and collaborate closely with the CIS and the co-Portfolio Manager to identify market opportunities and risks.

Conduct U.S. sector and industry research, including analysis of valuations and fundamentals.

Support the development of quarterly and annual economic and market outlooks.

Conduct ad hoc investment and market research to support internal and external needs.

Co-author monthly external commentary regarding SMA positioning, performance, and market developments.

Respond to client requests for information and support client and external communications regarding the investment strategy.

What You Will Bring

• Bachelor’s degree required; degree in finance, economics, business, or a related field strongly preferred
• 7-10 years of relevant experience in investment management, portfolio management, investment research, or a related field
• Experience with portfolio optimization
• Proficiency with Bloomberg (BBG)
• Proficiency with Microsoft Office
• Strong analytical and quantitative skills
• Strong written and verbal communication skills
• Strong interpersonal skills and ability to collaborate effectively with investment, trading, and client-facing partners
• Ability to manage multiple priorities effectively
• Ability to develop compelling data visualizations
• FINRA Series 63 and Series 65 registrations, or Series 66 registration, required; full CFA can be used in lieu of registrations
• FINRA Fingerprinting required

What Will Set You Apart

• Current CFA designation strongly preferred; or at minimum progress towards completing CFA (i.e. Level I or Level II passed)
• Experience conducting U.S. equity sector and industry research
• Experience with investment performance measurement and attribution
• Experience developing investment commentary or market outlook materials for client or external audiences
• Demonstrated persistence, creativity, and intellectual curiosity

What we offer you

• Medical, dental, vision and life insurance
• Retirement savings - 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire - including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time - 16 hours per calendar year
• Leave of absence programs - including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) - BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.

Equal opportunity employer Drug-free workplace

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.

Base Salary Range

$125,400.00 - $181,875.00

Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.