Job DescriptionLocation: Bellevue, WA
Schedule: In office Tues-Thurs; WFH option Mon/Fri. Hours: 7:00 a.m.-4:00 p.m.
Are you passionate about investing, building long-term client relationships, and collaboration? Coldstream is seeking an Associate Portfolio Manager to join our largest Bellevue team. This position will be responsible for portfolio construction, rebalancing, trading, and investment strategy analysis.
Specific responsibilities will include:- Use quantitative risk models and optimization to manage multi-asset portfolios
- Perform ongoing, systematic audits of the portfolio rebalancer to ensure portfolios are within the clients' portfolio targets
- Generate and execute daily trade orders and model-based portfolio rebalancing
- Develop and maintain tools and rebalancer settings to increase trading efficiencies and minimize errors
- Serve on the firm's Investment Strategy Group, providing input on strategic and tactical asset allocation guidelines for portfolios firm-wide
- Execute tax loss harvesting
- Monitor cash and yield alternatives (Money Market Funds, CDs, T-bills, etc.) and communicate best thinking to the team
Experience and Skills- Bachelor's degree in Finance or a related field
- FINRA Series 65 (waived for experienced trader with a CFA designation)
- CFA candidate
- 5+ years of relevant experience in the financial services industry in a high-net-worth, client-facing environment, including experience with portfolio operations and performance
- Excellent Excel skills; proficiency with Tamarac, Morningstar, and Bloomberg; AdvisorView and Rebalancer are preferred
- Acute attention to detail and proofing skills
- Strong verbal and written communication skills
Job BenefitsIn terms of pay expectations, we assess each candidate individually based on their experience and qualifications and offer competitive compensation that reflects the value they bring to the team. The full salary range for this position is $90k - $160k, plus an annual bonus and a generous benefits package.
As a Washington's Best Workplaces awardee, we pride ourselves on our collaborative and supportive culture. We've created a full benefits package that focuses on the growth, health, and wellness of our team members:
- Pay: Competitive base pay plus annual bonus
- Benefits: Fully paid employee premiums for medical/dental/vision, short-term and long-term disability, and life insurance
- 401(k): 100% company match up to 4% of your annual pay
- Stock: Opportunity to purchase equity and become an owner of the firm
- Paid Time Off: 20-28 days per year (increases with tenure) - plus 10 holidays and an extra paid day off each year to do volunteer work
- Career development: 100% training/certification/licensing/dues reimbursement plus a formal mentoring program
- Parking: heavily subsidized parking (you pay $36 per month) or transit pass
- Wellness reimbursement
- Paid parental leave: 12 weeks paid for all new parents
- Paid sabbaticals every 10 years and anniversary bonuses every 5 years
