Investment Optimization & Risk Manager - Portfolio Risk
Company: EDWARD JONES
Location: Saint Louis
Posted on: March 19, 2023
Job Description:
At Edward Jones, we help clients achieve their serious,
long-term financial goals by understanding their needs and
implementing tailored solutions. To ensure a personal client
experience, we have located our 15,000+ branch offices where our
more than 7 million clients live and work.
In a typical branch office, a financial advisor meets with clients
and receives branch office support, so they can focus on building
deep relationships with clients. Headquarters associates in St.
Louis, Tempe and Mississauga provide support and expertise to help
U.S. and Canada branch teams deliver an ideal client experience. We
continue to grow to meet the needs of long-term individual
investors.The Wealth Management Advice and Solutions (WMAS) at
Edward Jones is focused on developing a profound understanding of
prospective and current clients' needs, in order to create an
unparalleled experience. Leveraging these critical insights, we
implement tailored solutions and enhance our products in ways that
enable clients to achieve their financial goals. Within WMAS, the
Advice & Guidance division can be viewed as the "investment
engine", encompassing asset allocation, portfolio construction,
manager research, portfolio optimization, securities research, and
other investment related functions. The Investment Risk Group
partners closely with investment teams in Advice & Guidance and key
stakeholders on risk monitoring and oversight for our Advisory
model portfolios, Bridge Builder mutual funds, sub-adviser funds,
Asset Allocation models, and portfolio optimization. As an
Investment Optimization & Risk Manager, you will be called upon to
leverage your industry, analytical, and communication skills to
provide risk guidance and expertise to help key stakeholders to
understand portfolio risk exposures and provide best-in-class
portfolio optimization to help our clients with their goals. You
will be joining a team of highly talented associates who drive for
results, with tenure ranging from years to decades, dedicated to
personal development, inclusion, and diversity.
Responsibility Summary:
- Conduct investment risk research and analysis to align Advisory
multi-asset class models, Bridge Builder funds, asset allocation
models, and SMA equity portfolios to investment objectives and
investment risk framework.
- Provide portfolio construction oversight and risk monitoring
for Advisory multi-asset class model portfolios, Bridge Builder
mutual funds, strategic and tactical asset allocation models, and
SMA equity portfolios to ensure alignment with investment goals and
risk framework.
- Oversee portfolio optimization review to ensure alignment of
client accounts to optimization objectives, client preferences, and
risk parameters.
- Provide derivative risk research and oversight for Bridge
Builder mutual funds and sub advisers.
- Collaborate with team lead(s) to prepare and present Investment
risk research and recommendations to senior leadership for
approval.
- Collaborate and contribute to internal departments, committees,
and firm-wide strategic initiatives in making better informed
decisions consistent with the firm's long-term strategy.
- Deliver effective written and verbal communication of
investment risk guidance and optimization analysis to key
stakeholders and leadership as needed.
- Oversee risk framework and monitoring for Advisory multi-asset
class reference portfolios and optimized advisory accounts using
Aladdin Wealth platform.
- Bachelor's degree in Finance, Economics, Mathematics,
Engineering, or other quantitative subjects. Graduate degree in
quantitative discipline or MBA preferred.
- Demonstrated strong interest in investment risk, portfolio
optimization and portfolio construction.
- Achieved or actively pursuing FRM and/or CFA
designation(s).
- Series 7/66 required or attainable within six months of
hire.
- Proficiency in spreadsheets, databases, programming, and
investment risk platforms (Microsoft Office, R, Python, Tableau,
FactSet, Aladdin Risk, MSCI BarraOne, Axioma, Bloomberg, etc.)
Minimum Years of Experience Required
- Minimum of 5 years' experience in portfolio construction,
portfolio optimization, or investment risk management, or 7 years'
experience in investment management preferred.
Depth of knowledge of principles and practices
- Strong knowledge of various types of investments, asset
classes, and capital markets.
- Strong understanding of and ability to manage multi-asset
portfolio investment risk and/or optimization platform on a
day-to-day basis.
- 3 to 5 years' experience with multi-factor risk models i.e.
Aladdin, MSCI, Axioma, etc.
- Strong knowledge of portfolio construction, portfolio
optimization, and/or portfolio risk management.
- 3 to 5 years' experience with portfolio optimization platforms
i.e. Axioma, MSCI, Aladdin, etc.
- Strong knowledge of measurement and evaluation techniques for a
broad array of investment risks, including market, multi-factor,
liquidity, and concentration risks.
- Experience with Aladdin Wealth and/or client account management
platform.
- Proficiency in spreadsheets, optimization, and investment risk
management systems (Aladdin Risk, MSCI Barra One, Axioma,
etc.)
- Strong analytical skills and service focus.
- Understanding of Edward Jones investment philosophy, business
model and culture.
- Strong interpersonal skills are necessary to communicate ideas
and research to investment stakeholders, internal departments, and
other areas of the firm.
- 100 Best Workplaces for Millennials in 2022, published Fortune
July 2022, Great Places to Work - data as of March 2022.
Compensation provided for using, not obtaining, the rating.
- Edward Jones was recognized as one of the Best Workplaces for
Millennials by Great Places to Work - and Fortune - magazine. The
privately held firm ranked No. 2 overall, in its fourth appearance
on the list.
- 2022 Fortune Best Workplaces for Women, published September
2022, research by Great Places to Work -, data as of August 2021.
Compensation provided for using, not obtaining, the rating.
- Edward Jones has been named to the 2022 Best Workplaces for
Women list by Great Places to Work - and Fortune - magazine,
ranking No. 45.
- 2022 Fortune's 100 Best Companies to Work For, published April
2022, research by Great Place to Work -, data as of August 2021.
Compensation provided for using, not obtaining, the rating.
- For the 23rd time, Edward Jones has earned a spot on the
Fortune 100 Best Companies to Work For - ranking by Great Places to
Work - and Fortune - magazine. Edward Jones ranked No. 35 on the
prestigious 2022 list.
- 2022 Best Places to Work For LGBTQ+ Equality, Great Place to
Work - in partnership with Human Rights Campaign Foundation,
published Equity Magazine January 2022, data as of July 2021.
Compensation provided for using, not obtaining, the rating.
- Edward Jones scored 100 percent on the Human Rights Campaign
Foundation's 2022 Corporate Equality Index (CEI) the nation's
foremost benchmarking survey and report measuring corporate
policies and practices related to LGBTQ+ workplace equality. The
ranking designated Jones as one of the best places to work for
LGBTQ+Equality.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.At Edward Jones, we
value and respect our associates and their contributions, and we
recognize individual efforts through a rewards program that
promotes a long-term career, financial security and well-being.
Visit our career site to learn more about our total compensation
approach, which in addition to base salary, typically includes
benefits, bonuses and profit sharing. The salary range for this
role is based on national data and actual pay is based on skills,
experience, education, and other relevant factors for a potential
new associate:
Salary: $109696 - $186781
Category: Headquarters
Keywords: EDWARD JONES, St. Louis , Investment Optimization & Risk Manager - Portfolio Risk, Executive , Saint Louis, Missouri
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