Discretionary Portfolio Manager, Wealth Management

Automatic Data Processing, Inc.; Flower Mound (TX); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Health insurance

401(k) with matching contributions

Performance incentives

Job summary

GDS Wealth Management in Flower Mound, TX seeks a Portfolio Manager to support the CIO in managing discretionary portfolios, mapping clients to investment models, and overseeing the risk-profiling platform. You will direct trading decisions, monitor risk, and present insights to advisers and committees.

Qualifications include CFA or CIMA and at least four years in portfolio management, with a finance- or economics-related degree. A strong equity focus and model-based approach are essential.

Qualifications

• CFA or CIMA credential required.
• Four years of portfolio management experience.
• Bachelor’s degree in finance, economics, accounting, or a related field.
• Strong equity analysis and model-based portfolio construction.

Responsibilities

• Manage discretionary portfolios with CIO, documenting approved model exceptions.
• Assign clients to appropriate models based on objectives, risk, and constraints.
• Own the risk-profiling platform, managing risk scores and model mapping.
• Direct trading desk on trades, rebalancing, and tax-loss harvesting.
• Monitor drift and concentration; address issues early.
• Present research and recommendations to CIO and investment committee.
• Provide Advisors with portfolio, performance, and market insights for clients.
• Document investment decisions and rationale.
• RIA or wealth management background
• Track record with separately managed accounts and model-based implementation
• Hands-on use of portfolio management, trading and risk-profiling platforms

Skills

CFA or CIMA

Portfolio management

Financial analysis

Education

Bachelor's degree in finance, economics, accounting or related field

Tools

Portfolio management software

Risk profiling platforms

Job description

GDS Wealth Management in Flower Mound, TX seeks a Portfolio Manager to support the CIO in managing discretionary portfolios, mapping clients to investment models, and overseeing the risk-profiling platform. You will direct trading decisions, monitor risk, and present insights to advisers and committees.

Qualifications include CFA or CIMA and at least four years in portfolio management, with a finance- or economics-related degree. A strong equity focus and model-based approach are essential.