What are the responsibilities and job description for the Investment Associate, Portfolio Management (Equity) position at Dimensional Fund Advisors?
Notes to applicants:
- Dimensional sees great value from collaborating in our offices and appreciates the benefits of flexibility. Most roles fit our office-first hybrid approach: We are together on our campuses Tuesdays, Wednesdays, and Thursdays and have the choice to work in the office or remotely, depending on what is best for that work day, on Mondays and Fridays. This approach maximizes in-person collaboration and interaction while simultaneously providing flexibility and applies to most roles globally with a few exceptions that require more or less time in the office. Please discuss with your Recruiter to confirm the details for this specific role.
- Resumes and portfolios (when applicable) are required as part of your application. When applying from a mobile device or tablet, you may not be able to attach a resume. If you cannot include an attachment at the time of your application, you will receive a follow up email asking you to attach your resume from a computer.
- Here at Dimensional, we strive to be an inclusive workplace for all. Even if you do not match every qualification listed, if you are interested in who we are, what we do, and why we do it, we suggest and encourage you to apply.
- If you require reasonable accommodation in completing this application, interviewing, or otherwise participating in the employee selection process, such accommodation is available upon request.
Job Description:
Portfolio Management is responsible for the daily oversight and management of Dimensional’s portfolios and implements our investment philosophy across all our investment solutions. Portfolio Management interacts and collaborates closely with several departments including Trading, Research, Technology, Legal, Compliance, Operations, and the Global Client Group to ensure a superior investment experience for our clients.
The Portfolio Management team ensures that Dimensional’s portfolios deliver consistent and efficient exposure to the dimensions of higher expected returns, as identified by the greatest minds in modern financial economics. Our portfolio managers achieve this exposure by implementing a daily and systematic portfolio management process. In addition to overseeing and enhancing this process, portfolio managers also interact with current and prospective clients.
The Equities team monitors portfolios, securities, and markets to consistently and efficiently deliver the equity exposures to achieve higher expected returns for our clients.
Responsibilities:
As an Investment Associate, you will start by supporting other members of the Portfolio Management Team in their day-to-day management of portfolios and processes. Over time, Investment Associates are expected to contribute to decision making, be responsible for a group of portfolios, monitor portfolio characteristics and maintain portfolio structure following the process-driven approach of the firm. Investment Associates are expected to develop into an expert on the portfolios with which they work.
Successful Investment Associates will master business-as-usual operations and gain skills and experience in managing complex portfolio situations. The role also involves identifying areas of improvement in the investment process and effectively proposing solutions. On a daily basis, Investment Associates are responsible for tasks that include trading foreign currency, generating trade requests, electing on corporate actions and evaluating the quality of the investment universe. Members of the team should be prepared to work with other departments including Trading, Investment Analytics & Data, Research, Operations and Client Services.
Qualifications:
- Strong philosophical alignment with Dimensional’s investment strategy
- Several years’ experience in financial services
- Excellent quantitative problem-solving and analytic skills
- Intellectual curiosity
- Solid communication and presentation skills
- Comfort with large data sets
- High attention to detail
- Strong time-management skills
- Aptitude for learning basic computer programming languages
- Knowledge of SQL, VBA and Excel is helpful
- Bachelor’s degree required
Dimensional offers a variety of programs to help take care of you, your family, and your career, including comprehensive benefits, educational initiatives, and special celebrations of our history, culture, and growth.
It is the policy of the Company to provide equal opportunity for all employees and applicants. The Company recruits, hires, trains, promotes, compensates, and administers all personnel actions without regard to actual or perceived race, color, religion, religious practice, creed, sex, sex stereotyping, pregnancy (which includes pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), caregiver status, gender, gender identity, gender expression, transgender identity, national origin, age, mental or physical disability, ancestry, medical condition, marital status, familial status, domestic partnership status, military or veteran status or service, unemployment status, citizenship status or alienage, sexual orientation, status as a victim of domestic violence, status as a victim of stalking, status as a victim of sex offenses, genetic information, political activities or recreational activities, arrest or conviction record, salary history, natural hairstyle or any other status protected by applicable law except as otherwise required or permitted by law or regulation applicable to the Company or its affiliates.
