What are the responsibilities and job description for the Portfolio Solutions Specialist position at Itaú USA?
The Portfolio Solutions Specialist plays a key role in supporting the implementation, operational integrity, and scalability of customized investment mandates within Itaú Asset Management. This position is responsible for ensuring accurate portfolio setup, cash management, and compliance with investment guidelines, while driving automation and process efficiency to minimize operational risk and optimize portfolio performance.
The role partners closely with Portfolio Management, Trading, Analytics, Technology, Operations, Middle Office, and Product teams, contributing directly to fund and portfolio profitability through disciplined execution, strong controls, and scalable solutions.
Key Responsibilities
- Support the implementation and onboarding of exclusive mandates, SMAs (Separately Managed Accounts), and managed portfolios, ensuring accurate setup and operational readiness.
- Perform and monitor cash management activities, including cash balancing and funding adjustments, with direct impact on portfolio performance.
- Execute position and cash controls, ensuring data accuracy, integrity, and alignment with investment strategies.
- Ensure continuous portfolio and fund compliance with internal guidelines, regulatory requirements, and investment mandates.
- Partner with Portfolio Managers and Trading teams to support daily portfolio operations and resolve operational issues efficiently.
- Develop and enhance analytical tools, controls, and automation solutions using Excel, SQL, and Python to improve scalability, efficiency, and risk reduction.
- Identify opportunities to streamline and automate operational processes, reducing manual intervention and operational risk.
- Act as an operational and analytical liaison between business, data, technology, and processing teams.
- Contribute to continuous improvement initiatives focused on operational excellence, control effectiveness, and scalability.
Qualifications
- Bachelor’s degree in Economics, Engineering, Business Administration, Computer Science, or related fields.
- Strong proficiency in Excel (advanced), SQL, and Python programming for analytical and automation purposes.
- Solid understanding of portfolio management concepts, investment products, and financial markets.
- Experience with portfolio, position, and cash controls in asset management or similar financial environments.
- Ability to work in high-impact, deadline-driven environments with strong attention to detail and risk awareness.
- Strong analytical, problem-solving, and collaboration skills.
- Advanced English is required for interaction with internal and international stakeholders. Portuguese is considered a plus
- CGA or CFA certification or in progress.