What are the responsibilities and job description for the Investment Due Diligence Manager position at AMERICAN PORTFOLIOS HOLDINGS INC?
Investment Due Diligence Manager | Advisory Services
Would you like to have an impact on the future growth and profitability of a competitively strong financial services firm? At American Portfolios, we operate in a team-based environment, made up of a diverse group of associates who are passionate, innovative and focused. We’re proud of our history, stability and proven track record of success. American Portfolios has numerous recognitions by a number of industry publications and organizations. Such acknowledgment includes: multiple Broker-Dealer of the Year* (Division III) wins by Investment Advisor magazine; multiple finalist and award wins by WealthManagement.com Industry Award in multiple categories**; Corporate Citizen of the Year by Long Island Business News; multiple top placements as one of the Best Companies to Work for in the state of New York by the New York State Society for Human Resources Management (NYS-SHRM) and the Best Companies Group (BCG); and one of the Top Long Island Workplaces by Newsday.
Sound like a company you’d like to join? American Portfolios (AP) has an immediate need for an investment due diligence manager working within the firm’s advisory services area, American Portfolios Advisors, Inc. (APA). In this role, the individual will provide product due diligence for SMAs, mutual funds and third-party mutual fund wrap programs; generate research, create data and add in-depth product support; act as the subject matter expert on the separate account managers; and review and add investment options that keeps American Portfolios at the forefront of investment alternatives.
Responsibilities
- Provide product due diligence for SMAs, mutual funds and third-party mutual fund wrap programs
- Generate research, create data and add in-depth product support to all APA advisors and sales support teams for all advisory products
- Act as the subject matter expert on the separate account managers in APA-managed account solutions
- Verify performance for in-house investment strategies and liaise with GIPS consulting team
- Review and add investment options that keeps American Portfolios at the forefront of investment alternatives
- Remain current on and be able to benchmark each manager’s performance
- Structure portfolios using multiple managers for single client
Job Requirements
- High-level understanding of asset allocation and portfolio construction
- Excellent writing and communications skills
- Ability to work independently and produce positive results with minimal direction
- Capability to interact with all levels of staff and management
- Proficiency with computer programs, including Microsoft Word and Excel, as well as PowerPoint
Education and Experience
- Bachelor’s degree with a concentration in economics or finance, or related work experience
- FINRA Series 7, 63 and 65/66 licenses
- Experience with mutual funds, mutual wrap programs and SMAs
- Professional designation(s) of CFA, CIMA and/or CFP preferred
Limitations and Disclaimer
The above job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required for the position. This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. All job requirements are subject to possible modification to reasonably accommodate individuals with disabilities. American Portfolios provides Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. To perform this job successfully, the employee must possess the abilities or aptitudes to perform each duty proficiently. Continued employment remains on an “at will” basis.
* Based on a poll of registered representatives conducted by Investment Advisor magazine. Broker/dealers rated highest by their representatives are awarded “Broker/Dealer (B/D) of the Year.”
** Wealthmanagement.com Industry Award finalists are selected by a panel of independent judges made up of subject matter experts in the industry. Award is based on support provided to AP’s affiliated people, and does not reflect public customers nor their account performance.
