Job: Portfolio Associate

Jobing Description

Portfolio Associate

Acadian Asset Management LLC is a Boston-headquartered investment management firm with wholly owned affiliates located in Singapore and London. As of June 30, 2011, the firm managed approximately US$51 billion on behalf of major pension funds, endowments, foundations, governments and other investors based in the U.S. and abroad.

Position Overview:

This position is within the Portfolio Construction department of a quantitatively-oriented global equity management firm. The Portfolio Associate will be working to develop and use leading-edge portfolio construction technology and optimization techniques to construct client portfolios, as well as to provide sample portfolios and run historical portfolio simulations for proposed investment strategies. This individual will also be involved with the placement of substantial program trades with major brokerage firms and with the monitoring and evaluation of brokers and trade executions.

Responsibilities:

* Rebalance client portfolios and conduct preliminary review of resulting portfolios using proprietary and third party portfolio construction software
* Participate actively in departmental process improvement initiatives through software development
* Place program trades with brokers
* Monitor and evaluate brokers and trade executions
* Assist product development by producing sample portfolios and running historical portfolio simulations for proposed investment strategies
* Support portfolio managers, marketing and client servicing by preparing ad-hoc reports
* Assist with currency management
* Evaluate and instruct on voluntary corporate actions
* Perform other duties as assigned

Qualifications:

* Demonstrated willingness and ability to learn and maintain relevant technical and/or investment skills
* Excellent analytical and problem-solving skills
* 3-5 years of relevant experience within the investment industry preferably in equity markets; enrollment or completion of CFA program a plus
* Experience with quantitative optimization.
* Experience with scripting or mathematical programming languages. Familiarity with Python and SQL in particular is a plus.
* Strong attention to detail
* Good organizational and communications skills
* Ability to work as an effective team player as well as a self-starter
* Ability to work well in a fast-paced, quickly changing environment with time deadlines
* Flexibility with regard to working hours
* Knowledge of data sources (Reuters, Bloomberg) a plus
* Bachelor's degree or equivalent education

Interested Candidates should send resume to resumes_trading@acadian-asset.com Only selected candidates will be contacted.