About Vest
Vest Financial is a rapidly growing investment management firm specializing in Target Outcome Strategies — including Target Buffer, Target Income, Target Growth and Target Financing. Vest has grown from managing under $500 million in 2019 to over $50 billion today, in partnership with leading asset managers.
Opportunity to join a growing, innovative investment firm. Start-up personality, outstanding analytical skills and strong work ethic are must-haves. We are looking for a Portfolio Manager to join our Portfolio Management team. Candidates should have 3-10 years of experience in investment management and possess intermediate coding skills. Work from anywhere in the US.
Primary Responsibilities:
Managing existing investment portfolios. Responsible for the implementation of investment strategies, including trading and operations, for the firms' ETFs, mutual funds, and other products. Primary responsibilities within this function will include:
- Trading securities in response to investment strategy objectives, market moves, and inflows/outflows from investment strategies
- Working with brokerage firms to get best execution on securities being traded
- Working with brokers, fund accountants, custodians, index providers, and other partners to assure funds are managed accurately and efficiently
- Monitoring daily market moves and understanding their impact on our portfolios
- Developing a strong understanding of capital markets, with a focus on options and other derivatives
Secondary Responsibilities:
Assisting in creating and building out the Portfolio Team’s technology and automation infrastructure utilizing Python, SQL, and VBA. Write and edit code that allows the Portfolio Management team to trade and manage a large and growing number of investment portfolios with a strong emphasis on building scalability while also minimizing operational risks. Assignments within this function may include:
- Creating, improving, and automating trading processes
- Managing the portfolio management database system
- Creating, improving, and automating daily/monthly/quarterly reporting processes
- Building new trading logic to accommodate the launches of new portfolio
Tertiary Responsibilities: Supporting the Product Development team in developing new investment strategies/products. Responsible for originating and structuring investment strategies that will meet our clients' overall investing and risk management needs. Assignments within this function may include:
- Monitoring markets and product trends
- Working with partners to gain original insights into markets
- Understanding potential clients' needs through collaboration with the sales team
- Designing, structuring, and pricing solutions through extensive research and data analysis
- Exploring possibility of packaging select investment solutions into asset management products
- Communicating efficiently with sales force to facilitate marketing and distribution of the products/investment strategies
- Turning investment ideas into products by collaborating with partners such as legal counsel, fund/managed account administrators, accountants, and custodians
REQUIREMENTS
- BS degree required (finance, computer science, engineering, or similar disciplines preferred)
- Minimum of two years of experience in Python and SQL preferred (preferably with an Asset Management firm) with a focus on building scalability while minimizing operational risks
- Minimum of three years of experience in portfolio management preferred. Knowledge of options, volatility, and/or structured derivatives is a plus
- Strong quantitative skills and an analytical mind
- Expert Excel/VBA skills and report writing skills
- Highly articulate and organized with strong attention to detail
- Start-up firm mentality/entrepreneurial attitude
- Have strong work ethic and the ability to handle a fast-paced working environment
- Strong sense of personal responsibility and desire to be challenged
- May work remotely but must be located in US and work during East Coast business hours, with visits to the Washington DC area office a few times per year
Benefits
- 401(k) with matching contribution
- Competitive medical, dental, and vision coverage for you and your dependents
- Remote-first company
- Flexible PTO
- Paid parental leave
- Quarterly performance bonuses
Equal Employment Opportunity Statement
We are an Equal Opportunity Employer and are committed to creating an inclusive workplace. All qualified applicants and employees will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity or expression, national origin, ancestry, age, disability, genetic information, marital status, veteran or military status, or any other status protected by applicable federal, state, or local law.
BS required; 3+ years investment management experience; 2+ years Python/SQL; expert Excel/VBA; knowledge of options/derivatives; strong quantitative, analytical, and communication skills; US-based, East Coast hours.
Key Responsibilities
- managing portfolios
- trading securities
- automating processes
Skills & Tools
Python, SQL, VBA, Microsoft Excel
Job Details
- Category: Finance and Accounting
- Seniority: Mid Level
- Commitment: Full Time
- Workplace: Remote — United States or Washington
- Languages: English
Benefits
- 401k matching
- Retirement plan
- Generous parental leave
About Vest
An investment management firm specializing in target outcome strategies and managing large-scale asset portfolios. — Industry: Finance