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Investment Analyst

POSITION SUMMARY

The role of an Investment Analyst carries two primary focusses.  Firstly, the roles focus will be on learning and mastering the Tamarac trading and portfolio management system. The incumbent will keep all of the internal equity, ETF, and open architecture models current and effect changes when appropriate.  Trade execution, both using Tamarac’s Fix Flyer system and manual trades from time to time will need execution.   Participate in Due Diligence meetings with third party managers and begin security analysis for individual equity holdings.

Second, the focus will be on assisting more senior portfolio management team with all aspects of portfolio management of investment accounts from wealthy families and high net worth individuals, keeps clients abreast of changes in their portfolio’s, and alert them of recommended changes in investment strategy, tax and other developments, etc. when guided by more senior members of the team. Over time, this position will be building their own client relationships working in conjunction with a team providing financial planning, tax planning, and trust/estate administrative services.

As an Investment Analyst, the incumbent can anticipate training and mentoring from experienced investment professionals.
 

 

MAJOR JOB RESPONSIBILITIES

 

  • Learn and master the Tamarac Portfolio Management system.  Participate in Due Diligence meetings with third party managers and begin security analysis for individual equity holdings
     
  • Monitors individual equity, fixed income and alternative investment models and monitor asset allocation for high-net-worth client accounts.
     
  • Helps set and record asset allocation and total return objectives based on management’s investment philosophy and each client’s objectives.  Be responsible and accountable for accurate reflection of client data on the Tamarac system.
     
  • Builds a high level of confidence in BTC’s capabilities and in his/her knowledge of investment management.  Articulates investment strategies.  Keeps informed of material changes in financial markets and the firm’s overall macroeconomic and financial market outlook. circumstances.  Stays abreast of various legal and tax consequences of investment strategies.
  • Interacts with client base on a close basis in order to generate client’s confidence that the comprehensive management strategies are tailored to their needs and meet/exceed their expectations.
  • Contributes actively in investment meetings.  
  • Maintains accurate records in accordance with Bank & BTC regulatory policies.
     

 

 

SUPERVISORY RESPONSIBILITIES

       None

 

SKILLS AND TRAINING

  • •    Desire to learn how to analyze equity and fixed income securities and be able to initiate portfolio recommendations.
    •    Possess basic knowledge of various asset classes as well as allocation strategies & investments in equity and fixed income markets.
    •    Excellent customer service delivered in a timely professional manner.
    •    Proficient with software programs (Microsoft Word, Excel & Outlook), along with a general knowledge of technology systems. 
    •    Possess high degree of honesty and integrity.  Demonstrated commitment to the highest ethical standards when dealing with clients and the public.
    •    Excellent communication, interpersonal and organizational skills needed to deal with a mix of personalities and egos.

 

EDUCATION

•    Bachelor’s degree in Management, Finance or Business Administration preferred.  MBA in Finance preferred.

 

WORK EXPERIENCE

     •    3-5 years of experience related to financial industry with client portfolio management responsibility for managing discretionary and non-discretionary investment accounts for high net worth individuals & families

 

LICENSES AND/OR CERTIFICATES

        Licenses and Certifications                                                              

   •    FINRA Series 65 required/ to be obtained.

   

WORKING CONDITIONS

       Work is performed in a normal office environment.  Noise levels are usually moderate.

 

HAZARDS

       The hazards are mainly those present in a normal office setting.

 

Featured benefits

  • Medical/Dental/Vision Insurance
  • Flexible Savings Account
  • 401(k)
  • Tuition Disbursement and Reimbursement
  • College Loan Pay Down Program
  • and other great benefits

Provident Bank, Beacon Trust and /or Provident Protection Plus require consent to conduct a comprehensive background check. This background check will be tailored to the specific requirements of the position for which you are applying.

 

These reviews may include, but are not limited to, items such as:

  • Verification of employment
  • Verification of educational background and degrees
  • Criminal records check
  • Civil records check
  • Credit history check
  • Verification of professional licenses and certifications (if applicable)
  • Web CRD records (if applicable)
  • Any records related to federal, state, and/or local statutes
  • Any records related to Code of Ethics adherence (if applicable)
  • Any other records requested in connection with questions on the candidate’s backgrounds

The scope of the background check will be determined based on the level and responsibilities of the role. The results of the background check will be used solely to assess suitability for the specified position. Any false information, omissions, or failure to provide consent to undergo these reviews may disqualify a candidate from
employment.

 

This job description may not be all-inclusive.  Employees are expected to perform other duties as assigned and directed by management.  Job descriptions and duties may be modified when deemed appropriate by management.

Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.

 

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.

 

    

    *LI-POST   

Why Beacon Trust

When it comes to preserving and growing your wealth, you need an experienced firm to work with you through every financial phase of life, clearly understanding your goals today and tomorrow. No matter what phase you happen to be in, Beacon Trust has the knowledge, experience and services to guide you forward.

Mission Statement

We understand that clients look to us for collaboration and, more importantly, leadership in developing sound and effective wealth management plans. “Innovating Wealth Strategy” articulates what we do and what we believe in.

It speaks to our inherent drive to deepen every client relationship and to make every client’s experience enriching and productive. Since each client is different, so too are the paths to their respective financial goals. That is why we base our asset allocation strategies on ‘your’ personal financial risk preference–not ours.

Therefore, to successfully guide our clients, it is essential that we have the deepest understanding of what they are looking to accomplish financially, both today and tomorrow.

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