Investment Associate Job Description
Investment associate
provides investment advice to insurance company clients on the determination of investment objectives, establishment of investment policy, selection of investment managers and the monitoring of investments across their various investment pools.
Investment Associate Duties & Responsibilities
To write an effective investment associate job description, begin by listing detailed duties, responsibilities and expectations. We have included investment associate job description templates that you can modify and use.
Sample responsibilities for this position include:
Coordinate investments between client, bank, custodian
Provide investment performance analysis and reporting for Clients, Portfolio Management, Distribution, Marketing, Research and other business partners across Guggenheim Investments
Manages operational activities related to the private investments including, processing of capital calls, cash and stock distributions, recording valuation changes, and overseeing reconciliation of valuations with custody bank
Assisting in the evaluation on the investments
Provide research support for the equity strategy teams by monitoring and gathering specific fundamental research data on stock recommendations
Provide investment management administrative support and respond to client requests as they arise
Provide cash flow analysis and wealth projections
Conduct regular account reviews in an effort to identify potential changes within portfolios
Our clients and prospects experience an enhanced level of service and higher levels of satisfaction and are motivated to refer others to Harris Private Bank
Our professionals experience deeper, more rewarding client relationships and an energetic, exciting and rewarding environment that comes with growth and market leadership
Investment Associate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Investment Associate
List any licenses or certifications required by the position: CFA, CPA, FRM, LPA, CIPM, CAIA, FSFM, CISI, GARP, CISA
Education for Investment Associate
Typically a job would require a certain level of education.
Employers hiring for the investment associate job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Economics, Business, Accounting, Business/Administration, MBA, Education, Marketing, Communications, Advertising
Skills for Investment Associate
Desired skills for investment associate include:
Insurance
Investments
Bank products
Financial planning and use of financial planning tools
Microsoft Office Suite
Investment products
Investment product and solutions and regulatory requirements
Investment products and solutions
Various Merrill Lynch investment platforms the available products and solutions and relevant contacts
Usually obtained through on the job training
Desired experience for investment associate includes:
Our shareholders experience the impact of Harris Private Bank attracting more clients, cultivating more profitable clients and making a greater contribution to the Bank’s overall revenue and profitability
Manage, on a daily basis, client’s investment transactions and cash/securities movements
Maintain legal and market information
On client accounts, order reports, processes physical
Undergraduate Degree or Community College Diploma
Licensed with IIROC as a Registered Representative (RR)
Investment Associate Examples
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Investment Associate Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of investment associate. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for investment associate
- Other duties as assigned by Senior Partner
- Organize and assist in the maintenance of complete client account and trade-related records for the FA(s) and certain required files for the branch office
- Perform operational or administrative functions for client-related requests (i.e., check requests, wiring funds, address change, dividend information)
- Provide quotes and other account-related information to assist clients
- Provide reports and other information to FA(s), as needed
- Accept and enter unsolicited orders from clients in states in which they are registered and may enter orders received directly from a FA who is registered in the client’s state of residence
- Perform various administrative duties (i.e., typing, filing, answer phones, mailing documents/letters, ) and other duties as assigned by the Senior Partner
- Develop/apply analysis and reporting tools for evaluating investment activities in the context of financial and economic frameworks
- Provide cash flow analysis and wealth projections as needed for Advisory clients
- Calculate/compile investment performance and characteristics information required to populate consultant marketing databases and client reporting
Qualifications for investment associate
- Minimum 1 year industry experience
- Series 7 and 63 or 66 required (or ability to obtain within first 6 months)
- Nurture relationships with existing clients that would promote the natural referral of associates, friends and family members
- Understanding of the real estate industry (including current market trends) the capital markets
- Bachelor’s degree and CPA with at least 2-3 years’ experience in financial services and investment accounting
- Strong working knowledge of Microsoft Excel including advanced formulas and macro writing a plus
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Investment Associate Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of investment associate. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for investment associate
- Preparing and maintaining various spreadsheets and reports for management
- Calculating and processing advisory billing
- Producing and maintaining client performance reports
- Some administrative duties
- Confirm, instruct and ensure settlement of securities and cash
- Coordinate daily cash requirements for a number of accounts throughout the day based on all available information to determine cash availability
- Responsible for review of all foreign currency balances to ensure that all trading activity is funded
- Monitor daily wire activity including review of all settlements at custodians and prime brokers, track non-receipts, resolve overdrafts and booking issues
- Prepare and update management reports on key performance indicators as necessary
- Liaise with accounting and reconciliation departments to ensure exceptions are identified and resolved
Qualifications for investment associate
- Work diligently toward mitigating losses due to error, and be mindful of possible contingencies
- Basic understanding of capital markets and marketable and alternative investment strategies
- Ability to perform in a collaborative, team oriented work environment
- Deal support / analysis / quant / legal (from due diligence to modelling and execution)
- Portfolio company support & analysis
- Strong mathematical and quantitative skills
3
Investment Associate Job Description
Job Description Example
Our growing company is looking to fill the role of investment associate. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for investment associate
- With the other Investment associate in the team, carries out administrative tasks such as sending cheques to clients, making bank deposits, transferring funds, making RSP and RIF contributions and withdrawals, and following up on incoming and outgoing transfers and overdrafts
- Acts as the administrative link between the various operational departments to respond to clients' requests
- Prepares the file necessary to open accounts
- Assists the Investment Advisors (3) with business development by speaking with the clients
- Provides quotations, takes orders (unsolicited trades), processes the purchase and sale of stocks (block of stocks) and adjusts trades (cancellations and corrections)
- Extracts information from systems, and, in response to clients' requests for information, prepares and sends tables, memos, letters and documents including reports on capital gains and losses in portfolios, the handling of cash and stock trades
- Assist or lead with supervision in full due diligence process of third party asset managers across a variety of strategies including fixed income, equities, and alternatives
- Provide superior customer service in person, on the phone and by email
- Analyze client accounts and participate in activities to support Investment Advisors in their business development by creating prospecting lists
- Perform unsolicited transactions, security purchases and sales, and transaction adjustments, as applicable
Qualifications for investment associate
- Good communication and interpersonal skills, positive attitude and an ability to interact with various levels in differing departments both internal and external
- Ability to challenge existing processes and offer solutions to improve where appropriate
- Sound understanding of capital markets with at least 2 years experience in the finance industry
- Keep up-to-date with current events, overall economic and financial environment, trends, products, selling techniques, and in particular those related to area of specialty
- Must have a minimum 2.1 honours degree in area of business and or other relevant discipline
- Positive, can do attitude and aptitude to learn quickly
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Investment Associate Job Description
Job Description Example
Our company is searching for experienced candidates for the position of investment associate. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for investment associate
- Develop strong and effective working relationships with clients and third-parties, such as Accountants working with clients
- Act as primary or secondary Advisory Services Group (ASG) contact for ASG clients, investment managers, and internal investment team staff
- Process data, establish queries and oversee reports using systems in the department, including Eagle PACE, FundMaster, OBI, Lipper IM, LANA, Morningstar Direct, Bloomberg and MyStateStreet
- Confirm and verify data and information
- Participate in department projects (both as lead and in supporting role)
- Facilitate new and improved functions to improve department processing and reporting
- Fulfill inquiries for data and information requested by internal and external clients
- Completing numerous financial reports (i.e., returns, exposure, asset allocation ) on a weekly, monthly, quarterly, and annual basis
- Work closely with various levels of management and provide accurate reports as needed
- Conducting thorough fundamental research at the company, industry, and sector levels
Qualifications for investment associate
- In-depth product knowledge (ex
- Detail oriented, well organized and an ability to work under pressure and meet strict time deadlines
- Familiarity with settlement of fixed income, equity and derivative products
- Robust financial modeling skills using Excel
- Advanced knowledge of spreadsheets/databases and Bloomberg
- Have a combination of strong financial/analytical skills, excellent communications abilities and be adept at financial modeling and valuation
5
Investment Associate Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of investment associate. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for investment associate
- Assist the client with estate issues and execute as requested
- Inform the client about his relevant tax forms
- Opening accounts as required and maintaining client files
- Produce monthly statistic reports
- Follow up of incoming and outgoing transfers
- Provide unparalleled service to our IAs and assistants during the migration of accounts to our Hybrid Model
- Establish effective working methods for the administrative management of client files
- Analyze customer accounts and make changes to IA codes as required
- Refer the client to the best channel according to the client's financial needs and objectives
- Reviews drafts (and checks drafts) of Statements of Investment Principles, Asset Transfer advice, Investment Strategy Reviews and Investment Manager Agreements and general letters of advice to clients
Qualifications for investment associate
- Expert level interpersonal and communication skills with exceptional ability to adapt to various personalities and conversation styles
- Successful completion of the Canadian Securities Course and/or Conduct and Practices Handbook Course, a great asset
- Masters degree in business, engineering, computer science or related field (completed by June 2017)
- College graduates with a background in finance or similar fields are preferred
- Series 6, 63, Life & Health or willingness to obtain
- Working knowledge of MS Office, especially Microsoft Excel