Portfolio Reviewer I

Job Description

This position will follow our hybrid work model; we expect the selected candidate to work 2-3 days a week at our Saint Petersburg, FL corporate offices.

Under general supervision, uses advanced knowledge and skills obtained through experience and/or training to assist money managers by creating and executing trades based on product models and guidelines.  Established procedures and prescribed guidelines are provided to perform various tasks requiring evaluation, originality, or ingenuity in making complex decisions.  Extensive contact with internal and external customers is required to identify, research, and resolve problems.

Essential Duties and Responsibilities:

• Overlays account for pre-defined trading models and execute trades based on product guidelines.

• Analyzes data for outliers of current positions versus models. 

• Assists with the review of accounts to ensure they meet the portfolio manager’s specifications.

• Frequently creates large block trade allocations to determine the number of shares for execution.

• Determines the method of execution for large block trade orders (including limits, use of local markets for ADR conversions, and Authorized Participants for ETF creation or redemption units).

• Communicate with outside managers regarding execution and model discrepancies.

• Allocates cash flows into accounts.

• Researches complex account errors and provides necessary corrections.

• Updates trading models based on data provided by outside money managers.

• Ongoing monitoring of manager models based on historical update frequency to ensure models are current.

• Performs other duties and responsibilities as assigned.

Skills

• General knowledge of managed accounts.

• Principles of banking and finance and securities industry operations.

• Financial markets and investment products and services.

• Fundamental mathematical ability sufficient to accurately and efficiently calculate transactions.

• Advanced analytical skills: identify relationships, draw logical conclusions, and interpret results for use in decision-making.

• Personal resilience while providing a high level of customer service to both internal and external clients.

• Problem-solving sufficient to effectively analyze, research, and resolve inquiries and issues in a timely manner.

• Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases.

• Organize, prioritize, and manage multiple activities/tasks simultaneously and complete work efficiently.

• Communicate effectively and professionally, both orally and in writing.

• Ability to work independently as well as collaboratively within a team environment.

• Attend to detail while maintaining a big-picture orientation...

• Identifying the needs of customers through effective questioning and listening techniques.

Licenses/Certifications:

• None are required.

Education

Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: Finance

Work Experience

General Experience - 4 to 6 months

Certifications

Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA), Tax Credit Specialist (TCS) - National Center for Housing Management (NCHM)

Travel

Less than 25%

Workstyle

Hybrid

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. 

We expect our associates at all levels to:
•  Grow professionally and inspire others to do the same
•  Work with and through others to achieve desired outcomes
•  Make prompt, pragmatic choices and act with the client in mind
•  Take ownership and hold themselves and others accountable for delivering results that matter
•  Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.  When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. 

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