Investment Associate

MRA Recruiting Services; Waukesha (WI); On-site; USD 70,000 - 100,000; Full time

Job summary

MRA is a nonprofit employer association with a long history, seeking an Investment Team Associate to support portfolio management, investment research, and operations across the firm's platform. You will collaborate with advisors, analysts, and operations to execute strategies and deliver an exceptional client experience.

Responsibilities include designing and improving client portfolios, preparing and verifying client review information, and assisting with trading activities, including weekly

Qualifications

• Bachelor's degree in Finance, Economics, Business, or related field preferred.
• 1–3 years of experience in the investment industry preferred.
• Proficiency in Microsoft Excel.
• Strong analytical and quantitative skills; ability to interpret financial and investment data.
• Excellent attention to detail and ability to manage multiple priorities.
• Strong written and verbal communication skills.
• Ability to work independently and collaboratively within a team.

Responsibilities

• Prepare initial portfolio analysis for prospective clients.
• Update Portfolio GPS to confirm with current allocations.
• Create detailed investment recommendations taking into consideration current allocation, target allocation, individual risk tolerance, liquidity, equity stylebox balance, risk-adjusted investment performance, tax consequences, RMD status, annuity restrictions, potential annuity upgrades, staff time, costs, systematic withdrawals, and client cash flow needs.
• Prepare clean Portfolio GPS and Investment Recommendation worksheets.
• Serve as an associate trader to support the trading specialist, including weekly model rebalancing.
• Implement and confirm trades daily including any Disciplined Cash Implementation Strategy, tax reduction trading, and share conversion strategies.
• Monitor order routing, best execution practices, and trade settlement to minimize errors and discrepancies.
• Ensure proper and timely implementation of clients' recommended portfolio changes.
• Assign tax lots to enhance tax efficiency.
• Monitor all modeled accounts on a weekly and quarterly basis and rebalance them on a drift-analysis basis.
• Identify opportunities to enhance efficiency, reduce errors, and improve data accuracy.
• Verify systematic trades align with client cash flows.
• Ensure all trading activities adhere to regulatory requirements (e.g., SEC, FINRA) and internal compliance standards, and maintain accurate trade documentation and audit trails for reporting purposes.

Skills

Analytical skills

Attention to detail

Communication skills

Time management

Education

Bachelor's degree in Finance, Economics, Business, or related field

Tools

Microsoft Excel

Wealthbox

ClientWorks

Job description

The Investment Team Associate plays a key role in supporting portfolio management, investment research, and operational processes across the firm's investment platform. This individual collaborates with advisors, analysts, and operations teams to ensure smooth execution of investment strategies and an exceptional client experience.

Responsibilities:

Designing and improving client portfolios:

• Prepare initial portfolio analysis for prospective clients (PR).
• Update clients' Portfolio GPS to confirm with current IAG allocations.
• Create detailed investment recommendations taking into consideration current allocation, target allocation, individual risk tolerance, liquidity, equity stylebox balance, risk-adjusted investment performance, tax consequences, RMD status, annuity restrictions, potential annuity upgrades, staff time, costs, systematic withdrawals, and client cash flow needs.

Preparing and verifying client review information:

• Prepare clean Portfolio GPS and Investment Recommendation worksheets.

Trading investments:

• Serve as an associate trader to support the trading specialist, including weekly model rebalancing.
• Implement and confirm trades daily including any Disciplined Cash Implementation Strategy, tax reduction trading, and share conversion strategies.
• Monitor order routing, best execution practices, and trade settlement to minimize errors and discrepancies.
• Ensure proper and timely implementation of clients' recommended portfolio changes.
• Assign tax lots to enhance tax efficiency.
• Monitor all modeled accounts on a weekly and quarterly basis and rebalance them on a drift-analysis basis.
• Identify opportunities to enhance efficiency, reduce errors, and improve data accuracy.
• Verify systematic trades align with client cash flows.
• Ensure all trading activities adhere to regulatory requirements (e.g., SEC, FINRA) and internal compliance standards, and maintain accurate trade documentation and audit trails for reporting purposes.

Requirements & Qualifications:

• Bachelor's degree in Finance, Economics, Business, or related field preferred.
• 1-3 years of experience in the investment industry preferred.
• Proficiency in Microsoft Excel.
• Ability to process detailed tasks accurately within time constraints.
• Strong analytical and quantitative skills; ability to interpret financial and investment data.
• Excellent attention to detail and ability to manage multiple priorities.
• Strong communication skills with the ability to write clearly and professionally.
• Ability to work independently and collaboratively within a team environment.
• Ability to coordinate job responsibilities with other team members across departments.
• Experience in Wealthbox and ClientWorks preferred.

We Make it Easy

Founded in 1901, MRA is a nonprofit employer association that serves more than 4,000 employers, covering more than one million employees.

As one of the largest employer associations in the nation, MRA helps its member organizations thrive by offering the most comprehensive assortment of HR services, information, education, and resources to help build successful workplaces and a powerful workforce.

We partner with these companies working directly with their HR department and leadership to hire their talent. We are a direct line to the company, not an agency recruiter.