What are the responsibilities and job description for the Portfolio Management Associate position at BLBB Advisors?
Job Summary
BLBB Advisors is seeking a Portfolio Management Associate to support the delivery of high-quality investment management services to our clients. This role works closely with senior Financial Advisors and the Operations Team to monitor client portfolios, implement investment changes, and ensure portfolio alignment with firm models and client objectives. The Portfolio Management Associate will develop deep expertise in our technology platform, Tamarac, and serve as a key resource for rebalancing, trade execution support, and investment process improvement.
This is an excellent opportunity for an investment professional seeking to grow within a collaborative, client-focused firm with a long-standing reputation for excellence.
Duties
- Review daily flows of modeled portfolios including deposits, withdrawals, security receipts and deliveries, and fixed income maturities for appropriate trading action.
- Monitor drift levels in modeled portfolios for cash levels, asset class alignment, and material equity over/underweights; correct portfolios using Tamarac Trading software.
- Assist with and, over time, lead the process of executing portfolio changes across the firm, determined by internal investment committees.
- Assist with the annual Tax Loss Harvesting process.
- Assist with annual updates to asset allocation models in Tamarac.
- Provide coordination point between Wealth Advisors and both the Equity and Fixed Income trading desks.
- Develop a thorough understanding of the firm’s full technology stack including Pershing, Fidelity, Schwab, TradePMR, SugarCRM, Box, and related platforms.
Requirements & Skills
- Strong verbal and written communication skills.
- Exceptional attention to detail with a strong aptitude for quantitative analysis.
- Ability to manage multiple time-sensitive priorities while maintaining transparency and asking appropriate questions.
- Working knowledge of portfolio constituents including equities, fixed income, U.S. Treasuries, ETFs, mutual funds, and alternative investments.
- Commitment to compliance, firm policy, and regulatory procedures, with an eye toward continuous process improvement.
Preferred Experience
- 3-5 years of experience in the financial services industry.
- Direct exposure to client portfolio management or capital markets work.
- Bachelor’s Degree in Finance, Economics, Business, or a related field.
- CFA designation or progress toward CFA a plus.
- Experience with portfolio management software (Tamarac experience a significant plus).
Founded in 1964 and headquartered in Montgomeryville, PA, BLBB Advisors is an independent, fee-only Registered Investment Advisor managing over $3 billion in client assets. We serve individuals, families, foundations, and institutional clients across the Greater Philadelphia region and beyond. Our team is driven by a fiduciary commitment to put clients first and provide holistic financial guidance.
Pay: From $80,000.00 per year
Benefits:
- 401(k) matching
- Health savings account
- Paid time off
- Vision insurance
Work Location: In person
Salary : $80,000