Associate Portfolio Manager at Coldstream… · Bellevue

Location: Bellevue, WA

Schedule: In office Tues-Thurs; WFH option Mon/Fri. Hours: 7:00 a.m.-4:00 p.m.

Are you passionate about investing, building long-term client relationships, and collaboration? Coldstream is seeking an Associate Portfolio Manager to join our largest Bellevue team. This position will be responsible for portfolio construction, rebalancing, trading, and investment strategy analysis.

Specific responsibilities will include:

• Use quantitative risk models and optimization to manage multi-asset portfolios
• Perform ongoing, systematic audits of the portfolio rebalancer to ensure portfolios are within the clients’ portfolio targets
• Generate and execute daily trade orders and model-based portfolio rebalancing
• Develop and maintain tools and rebalancer settings to increase trading efficiencies and minimize errors
• Serve on the firm’s Investment Strategy Group, providing input on strategic and tactical asset allocation guidelines for portfolios firm-wide
• Execute tax loss harvesting
• Monitor cash and yield alternatives (Money Market Funds, CDs, T-bills, etc.) and communicate best thinking to the team

Experience and Skills

• Bachelor's degree in Finance or a related field
• FINRA Series 65 (waived for experienced trader with a CFA designation)
• CFA candidate
• 5+ years of relevant experience in the financial services industry in a high-net-worth, client-facing environment, including experience with portfolio operations and performance
• Excellent Excel skills; proficiency with Tamarac, Morningstar, and Bloomberg; AdvisorView and Rebalancer are preferred
• Acute attention to detail and proofing skills
• Strong verbal and written communication skills

Benefits

In terms of pay expectations, we assess each candidate individually based on their experience and qualifications and offer competitive compensation that reflects the value they bring to the team. The full salary range for this position is $90k - $160k, plus an annual bonus and a generous benefits package.

As a Washington’s Best Workplaces awardee, we pride ourselves on our collaborative and supportive culture. We’ve created a full benefits package that focuses on the growth, health, and wellness of our team members:

• Pay: Competitive base pay plus annual bonus
• Benefits: Fully paid employee premiums for medical/dental/vision, short-term and long-term disability, and life insurance
• 401(k): 100% company match up to 4% of your annual pay
• Stock: Opportunity to purchase equity and become an owner of the firm
• Paid Time Off: 20-28 days per year (increases with tenure) - plus 10 holidays and an extra paid day off each year to do volunteer work
• Career development: 100% training/certification/licensing/dues reimbursement plus a formal mentoring program
• Parking: heavily subsidized parking (you pay $36 per month) or transit pass
• Wellness reimbursement
• Paid parental leave: 12 weeks paid for all new parents
• Paid sabbaticals every 10 years and anniversary bonuses every 5 years

Coldstream is an employee-owned, independently-operated wealth management firm that’s been earning the trust of affluent families and businesses since 1996. We offer a comprehensive, holistic approach to planning and focus on providing unparalleled advice and exceptional service. We welcome new colleagues who believe in our same approach, value open communication, and believe in trusting, life-long relationships. The firm has offices in Bellevue, Seattle, Mercer Island, and Kirkland, WA, Portland and Bend, OR, Boise, ID, and Kenai, AK. For more on Coldstream, please visit www.coldstream.com.

Coldstream is committed to inclusion and diversity. To us, diversity means employing team members of different races, genders, ages, physical abilities, national origins, religions, sexual orientations, ethnicities, political ideologies, educational and military backgrounds, and more. We welcome, support, and respect all team members, and we value the wide variety of experiences, opinions, and talents that they bring to the company. As we grow, we continue to cultivate an environment in which all team members’ perspectives and contributions are treated with respect, and every individual feels confident that they belong and are empowered to be their best.