What are the responsibilities and job description for the Portfolio Analyst position at WSFS Bank?
Job Description
Bryn Mawr Trust, a WSFS Company, provides locally managed and collaborative wealth management solutions, including a broad array of planning and advisory services, investment management, trust and estate planning, brokerage and investment services to individual, corporate, and institutional clients through multiple integrated businesses.
The Portfolio Analyst is within the Investment Strategy and Solutions area of Bryn Mawr Capital Management. This group is the investment research team, responsible for Equity Research, Fixed Income Research, Macroeconomic analysis, Asset Allocation, Portfolio Construction, and Trading. This Portfolio Analyst will principally provide support to the Fixed Income Research team. In addition, the incumbent will provide support to Investment Advisors in the management of their client books.
Job Responsibilities:
- Directly support Investment Advisors on one or more advisory teams
- Monitor asset allocation, security selection and liquidity needs of clients to ensure that portfolios are managed in accordance with investment policy statements and client preferences.
- Work with Investment Advisers to resolve compliance issues and ensure consistency with approved BMT strategies and policies.
- Analyze accounts for model eligibility and work with Investment Advisers to assess capital gain/loss implications.
- Run and own the model adoption process by helping Investment Advisers complete model adoption documentation.
- Place account specific trades where appropriate.
- Understand capital gain and loss implications.
- Proactively monitor overdrafts for Investment Advisers.
- Analyze account holdings and suggest sales to raise cash, as needed.
- Coordinate client meetings for Investment Advisers and assist in meeting preparation including pulling and reviewing client performance reports.
- Assemble packets for client meetings and customize them to the individual Investment Adviser’s needs.
- Meet with and respond to clients under the direction of Investment Advisors.
- Act as a “go to” team member for reporting needs, system support questions and issues.
- Collaborate with investment research leaders and individual Investment Advisers to monitor and oversee investment methodology across Bryn Mawr Trust.
Minimum Qualifications:
- Bachelor's degree in business administration, finance or a business-related major is preferred.
- Proficiency in Microsoft Outlook, Microsoft Word and Excel are a must, as is basic numeracy.
- Experience with a trust accounting and/or investment system is preferred.
- Must be able to juggle priorities, be organized and have an adjustable social style.
- Must have general knowledge of investment markets and trust administration; knowledge of securities processing and clearing; knowledge of trust & accounting systems; knowledge of investment and performance management systems and technology.
- Must exhibit initiative, and the ability to complete assigned tasks efficiently and accurately.
- Must be able to work both independently and in a team environment
- Must have outstanding verbal and written skills.
- Must have strong interpersonal skills that allow for interaction and cooperation with all levels, both internally and externally.
- Must have strong organizational skills and ability to multi-task and meet deadlines.
WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at careers@wsfsbank.com.
WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
