Portfolio Specialist

Description

Envestnet is transforming the way financial advice is delivered through its connected technology, advanced insights, and asset management solutions – backed by industry-leading service and support. Since 1999, Envestnet has served the wealth management industry and today supports trillions in platform assets, serving over a hundred thousand financial advisors. The vast majority of the nation’s leading banks, the largest wealth management and brokerage firms, and over 500 of the largest RIAs rely on Envestnet’s wealth management platform and solutions to drive business growth, boost productivity, and deliver better financial outcomes for their clients.

Envestnet’s Strategy:

• Deliver the industry-leading wealth management platform, powered by advanced data and insights
• Leverage our scale and efficiencies to serve our clients’ needs comprehensively
• Enable financial advisors to deliver more holistic advice – reflecting a more complete view of their clients’ financial lives, and in a more connected environment

For more information, please visit www.envestnet.com.

Job Summary:

Portfolio Administration Services is seeking a candidate that is willing to grow and cultivate skills in the Fintech industry. A successful candidate will play a crucial role in the day-to-day monitoring and administration of client accounts utilizing Envestnet’s trading and account management platform. This individual should be committed to providing a “best in class” experience to our investment advisors.

Job Responsibilities:

• Responsible for the day-to-day monitoring and administration of accounts utilizing Envestnet’s trading platform.
• Identify client accounts for potential trading based on established guidelines.
• Review and process trade instructions, manage service requests, and provide trading support.
• Performs daily duties, including problem resolution using standard procedures and precedents.
• Participates in root cause analyses to correct and/or prevent deviations in processes and workflows.
• Assists associate staff members with process methods.
• Participates in special projects as assigned by leadership.
• Coordinates with Lead Specialist and Supervisor for back-up coverage.
• Adherence to and application of Envestnet legal, compliance, risk, business continuity and administrative policy within the role and department(s) including the timely completion of training & awareness, affirmations and testing as requested.
• As part of the responsibilities for this role, you will understand and readily support Envestnet's established corporate business practices, policies, internal controls and procedures designed to create value or minimize risk.

Required Qualifications:

• Must have working knowledge of the financial markets, including equities, fixed income, mutual funds, and ETFs.
• Must possess strong attention to detail and demonstrate the ability to work under pressure.

Preferred Qualifications:

• Bachelor’s degree or equivalent work experience preferred.
• Knowledge of investment management operations and practices including trading and portfolio accounting systems preferred.
• Work as a member of a team with collaborative decision making.
• Demonstrate ability to troubleshoot daily processing obstacles.
• Proficient with Microsoft Word, Excel and PowerPoint.

Envestnet:

• Be a member of an innovative and industry leading financial technology and solutions company
• Competitive Compensation/Total Reward Packages that include:
• Health Benefits (Health/Dental/Vision)
• Paid Time Off (PTO) & Volunteer Time Off (VTO)
• 401K – Company Match
• Annual Bonus Incentives
• Parental Stipend
• Tuition Reimbursement
• Student Debt Program
• Charitable Match
• Wellness Program