Edward Jones

Quantitative Portfolio Construction Analyst - Optimization

Edward Jones • $90K — $120K *
Saint Louis, MO 63129In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field required
  • CFA designation (completed or in progress) required
  • Series 7 and 66 licenses, or ability to obtain within six months
  • 5+ years of experience in portfolio construction, optimization, or investment management
  • Proficiency with analytical tools and platforms including Microsoft Office, Python, Tableau, and investment risk systems
  • Strong understanding of capital markets and asset classes
  • Deep expertise in portfolio optimization techniques and methodologies.

Responsibilities

  • Conduct research and design efforts related to portfolio optimization and tax-efficient portfolios.
  • Apply knowledge of factors, sectors, and styles to optimize portfolio construction processes.
  • Partner with leadership to develop and present optimization strategies to senior management.
  • Collaborate across departments to support strategic decision-making.
  • Deliver clear written and verbal communication of portfolio insights and recommendations.

Benefits

  • Medical and prescription drug, dental, and vision coverage
  • Voluntary benefits such as accident and critical illness insurance
  • Short- and long-term disability insurance at no cost to associates
  • 401k retirement plan and tax-advantaged accounts
  • Paid holidays and vacation days, including personal and volunteer days
  • Eligibility for bonuses and profit sharing
  • Employee Assistance Program resources.
Full Job Description
Opportunity Overview

Team Overview:
The Portfolio Optimization Group within Investment Management (WMAS) is responsible for personalized and tax-aware investment solutions at scale through the utilization of client data, portfolio construction guidance, investment and risk analytics, and optimization algorithms. Specifically, the team provides the investment engine which supports Personalized Research Models ( about 35B) and Portfolio Assistant (about 40B).

What You Will Do:
  • Conduct research and design efforts related to portfolio optimization, including the development of objective functions, benchmark-relative constraints, and investment universes. Construct tax-efficient portfolios aligned with client goals and preferences.
  • Apply in-depth knowledge of factors, sectors, styles, and other portfolio characteristics to inform and enhance the portfolio construction and optimization process. Continuously refine optimization frameworks to improve performance outcomes and tax efficiency.
  • Partner with team leadership to develop and present portfolio optimization strategies and recommendations to senior management. Collaborate across departments, committees, and firm-wide initiatives to support strategic decision-making aligned with long-term organizational goals.
  • Deliver clear, concise, and impactful written and verbal communication of portfolio optimization insights, recommendations, and analysis to investment stakeholders and leadership.
*This position is known internally as an Investment Optimization & Risk Analyst

Position Requirements

What Experience You Need:
  • Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field required
  • CFA designation (completed or in progress) required
  • Series 7 and 66 licenses, or ability to obtain within six months
  • 5+ years of experience in portfolio construction, optimization, or investment management or alternatively 7+ years' experience in investment management
  • Demonstrated experience and strong interest in portfolio construction and optimization
  • Proficiency with analytical tools and platforms, including Microsoft Office, Python, Tableau, and investment risk systems (e.g., Aladdin, Axioma)
  • Strong understanding of capital markets, asset classes, and investment instruments
  • Proven ability to construct and manage multi-asset portfolios
  • Deep expertise in portfolio optimization techniques and methodologies
  • Experience applying factor-based analysis across both equity and fixed-income portfolios

What Could Set You Apart:
  • Advanced degree (e.g., MBA or graduate degree in quantitative disciplines, computer science, or data analytics) preferred
Candidates that live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office four days per week.

Salary Information

Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.

About Edward Jones

Edward Jones provides investment advisory and management services to individual investors. It also offers wealth management, retirement and college savings plans, insurance, and advisory services.

Edward Jones Careers

Join the thriving team at Edward Jones and be part of a company renowned for its commitment to professional growth and innovation. As a leader in the financial services industry, Edward Jones offers unparalleled job opportunities that empower you to shape your future and foster a culture of leadership and diversity.

Opportunities Await

At Edward Jones, we are constantly expanding our team with roles that challenge and reward our employees. Explore a range of positions that suit your skills and career ambitions, from entry-level to senior leadership roles. Whether you're looking for a full-time position or an internship, Edward Jones provides a platform for growth and learning.

Innovate and Lead

Step into a role at Edward Jones and join a culture steeped in innovation and leadership. Our professionals are at the forefront of developing new strategies for financial management, helping to drive the company forward while maintaining our commitment to client-centric solutions.

Grow With Us

Career growth is not just a possibility at Edward Jones—it is a promise. We are dedicated to your professional development through comprehensive training programs, leadership workshops, and continuous learning opportunities. Our commitment to your growth is matched by our dedication to diversity and inclusion, ensuring all team members have the opportunity to thrive.

Benefits and Culture

Edward Jones is committed to offering a supportive work environment where every team member feels valued. Enjoy competitive benefits, including health, retirement plans, and family-friendly policies that make balancing your professional and personal life easier. Our culture promotes teamwork, respect, and integrity, all foundational to our business ethos.

Join Our Team

Are you ready to take the next step in your career? Edward Jones is hiring! We are looking for passionate, curious, and driven individuals to join our team. Bring your unique skills and perspective, and help us continue to offer top-tier financial solutions to our clients.

Networking and Professional Development

Networking at Edward Jones goes beyond connecting with colleagues; it involves engaging with a broad community of professionals dedicated to financial excellence and client service. Enhance your career through our robust networking channels and gain insights that can propel you to new heights.

Prepare for Your Future

Starting your career at Edward Jones is made smoother with resources like resume tips, interview coaching, and job matching based on your skills and interests. Personalize your job search with our tailored career advice and discover how Edward Jones can be the key to your professional success.

Stay Connected

Keep up to date with the latest from Edward Jones Careers by subscribing to our job alert emails. Receive personalized updates that match your career interests and get ahead with insider tips and industry-leading insights.

Explore Edward Jones Jobs

Search open positions that align with your career goals at Edward Jones. We look for individuals who are solution-driven, creative, and eager to take on challenges. Explore the opportunities and find out how you can contribute to our team’s success.

Edward Jones: A Place Where Careers Flourish

At Edward Jones, your career is our priority. Join us and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Your journey to professional excellence starts here.
Learn more about Edward Jones
Size
50,000 employees
Industry
Finance & Insurance
Founded
1997
* Ladders Estimates

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