We are seeking an entry-level Associate I, PWM Capital Markets to join the Capital Markets team within Private Wealth Management. The role will focus primarily on fixed income while also supporting broader Capital Markets and Corporate Executive Services (CES) activities. The ideal candidate will be able to assist with fixed income securities, market dynamics, options-based strategies, exchange funds, direct indexing, and client service processes. This position collaborates closely with senior team members and Wealth Advisors to support solutions aligned with clients' investment objectives and risk tolerances, including third-party manager proposals, onboarding, and ongoing servicing needs.
Essential Responsibilities:
- Support fixed income activities, representing approximately 60-70% of the role, while assisting with broader Capital Markets and CES responsibilities for approximately 30-40% of the role.
- Assist with entering fixed income and equity trades and related trade support activities, including gathering required information, verifying trade details, and coordinating with team members to support accurate and timely execution.
- Engage with high-net-worth clients and Wealth Advisors to understand investment needs, risk tolerance, financial goals, and service requirements.
- Support fixed income strategies, including asset allocation, duration management, and credit quality analysis.
- Monitor and analyze fixed income market trends, interest rate movements, economic indicators, and other relevant market developments.
- Support Capital Markets and CES activities, including corporate share buyback account opening and money movements, as well as providing backup coverage for functions on the team outside of fixed income.
- Coordinate proposal requests, onboarding, and ongoing servicing with third-party managers and solution providers, including options overlay managers, exchange fund providers, and direct indexing providers.
- Support the preparation of client reports, presentations, and related materials.
- Additional responsibilities as requested.
Qualifications:
- Bachelor's degree required. Advanced degree or professional designation preferred.
- 1+ years of experience within the financial services industry required.
- SIE, Series 7, 63, and 52 required and must be acquired within 180 days of employment.
- Ability to carry out processes related to fixed income, Capital Markets, and CES investment solutions and client service activities.
- Demonstration of basic analytical skills, including interpreting basic financial data, market trends, interest rate movements, and economic indicators.
- Basic understanding of financial analysis software and tools, including Bloomberg and FactSet.
- Client-focused orientation with a commitment to delivering exceptional service to clients, Wealth Advisors, and internal partners.
- Strong communication and interpersonal skills, with the ability to convey complex concepts clearly and coordinate effectively with team members and third-party managers.
- Experience utilizing Microsoft Excel, Word, and PowerPoint.
- Detail-oriented, proactive, and able to work both independently and collaboratively across fixed income and broader Capital Markets responsibilities.
#LI-MW1
A reasonable estimate of the current base salary range at time of posting is below. Base salary does not include other forms of compensation or benefits. Actual base salary within the specified range is based on several factors, including but not limited to applicant's skills, prior relevant experience, specific degrees and certifications, job responsibilities, market considerations and, if applicable, the location of the position.
This role is eligible for either a discretionary annual bonus (based on company, business unit and individual performance) and/or commission-based incentives.
Our featured benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.
Salary Range
$75,000-$95,000 USD
