What You'll Do

We’re looking for an AVP – Portfolio Administration, Client Service & Marketing to join our Spectrum Asset Management team. In this role, focus on portfolio administration, client service, performance reporting, marketing, and compliance monitoring! You will lead a small team to support clients by providing performance data, maintaining analytic systems, preparing client review materials, and ensuring compliance across the firm. Additionally, you'll support senior management and sales teams with market and portfolio data, analytical materials, and due diligence requests.

• Client Reporting & Coordination: manage and facilitate client reporting process flow on a weekly, monthly, quarterly, annual, and ad hoc basis

• Analytical Support: monitor and maintain client account performance and attribution reporting, internal composites, benchmarks and indices

• Liaison and Communication: Act as a strategic liaison between partners, clients and the portfolio, credit, and sales teams

• Team Leadership: Engage in all facets of portfolio administration and client service as a player-coach overseeing and guiding a small team

Spectrum is a registered institutional advisor, with a subsidiary broker-dealer. With over $20 billion in assets under management, Spectrum manages portfolios of preferred and capital securities for an international universe of corporate, pension fund; insurance and endowment clients; open-end and closed-end mutual funds domiciled in the United States, Ireland and Japan, and separately managed account programs for high net worth individual investors sponsored by a variety of broker-dealers. Spectrum is directly owned by Principal Global Investors (doing business as Principal Asset Management) and is indirectly owned by Principal Financial Group. Check us out at https://www.samipfd.com .

Who You Are

• Bachelor’s degree in accounting, finance, economics, or business (or equivalent experience)

• 7+ years in investment/mutual fund operations or a related field, with deep knowledge of fixed income products and services

• In-depth understanding of financial markets, investment strategies, investment products, security types, risk statistics, investment performance, characteristics/analytics, and attribution methodologies

• Proven skills in problem-solving, planning, time management, decision making, consulting, negotiation, and project management

Skills That Will Help You Stand Out

• CFA

• Direct experience with and knowledge of portfolio guideline monitoring systems, Bloomberg CMGR in particular

• Excellent analytical, problem-solving, interpersonal, and communication skills

• Strong organizational and leadership abilities, with attention to detail

• Must have the ability to build and maintain strong working relationships, exercise flexibility when dealing with people and effectively communicate with internal and external contacts at all levels

• Requires ability to understand and use technology in delivery of services

• FINRA SIE, Series 7 and Series 63 preferred or ability to obtain within 180 days

Salary Range Information

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

$134000 - $182000 / year

Time Off Program

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.

Pension Eligible

No

Additional Information

Location

Stamford, CT. Spectrum’s Stamford office is located 15 minutes from the Metro-North Railroad (New Haven Line) and there is a free shuttle bus that runs daily between the Stamford Metro-North Station and the office park at which Spectrum is located. As a result, a reverse commute from New York City to Spectrum is very practical.

Work Environments

This role offers the ability for 3-4 days in the office and 1-2 days remote or full time in the office. You’ll work with your leader to figure out which option may align best based on several factors

Work Authorization/Sponsorship

At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.

Nonimmigrant Workers (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants)

Investment Code of Ethics

For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.

Experience Principal

At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site (https://www.principal.com/about-us/careers) to learn more about our purpose, values and benefits.

Principal is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Posting Window

We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.

Original Posting Date

7/12/2024

Most Recently Posted Date

7/11/2024