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Analyst - Asset Allocation

Location: Saint Charles
Posted on: March 8, 2023

Job Description:

At Edward Jones, we help clients achieve their serious, long-term financial goals by understanding their needs and implementing tailored solutions. To ensure a personal client experience, we have located our 15,000+ branch offices where our more than 7 million clients live and work.

In a typical branch office, a financial advisor meets with clients and receives branch office support, so they can focus on building deep relationships with clients. Headquarters associates in St. Louis, Tempe and Mississauga provide support and expertise to help U.S. and Canada branch teams deliver an ideal client experience. We continue to grow to meet the needs of long-term individual investors.The Wealth Management Advice Solutions Division at Edward Jones is focused on developing a profound understanding of prospective and current clients' needs, in order to create an unparalleled experience. Leveraging these critical insights, we implement tailored solutions and enhance our products in ways that enable clients to achieve their financial goals.

From branding and communication to the actual stocks, bonds and mutual funds offered, your work will have a significant impact not only within the WMAS division but firm-wide. Working in this collaborative and fast-paced environment, you will be challenged to bring fresh perspectives that allow us to continually exceed client expectations in an ever-evolving landscape.

Opportunity Overview

The Asset Allocation Team within Advice & Guidance (A&G) is seeking a talented and experienced Analyst to help drive investment recommendations, by utilizing and conducting both disciplined fundamental and quantitative analysis across a broad spectrum of asset classes In addition, this role will be instrumental in helping to strategically build out the firm's asset allocation processes to further accelerate the firm's journey to become the industry leader in human centered complete wealth management. This position is a part of the firm's Wealth Management Advice and Solutions Division.

The Wealth Management Advice and Solutions Division helps ensure that branch teams and our clients have a consistent supply of high-quality retirement, banking, insurance, mutual fund, and education savings products aligned with the firm's investment philosophy and solutions-based advice and guidance. In addition, the group drives innovation that will enhance products, services, processes, and systems to meet our current and future client needs. These areas play a pivotal role in supporting the firm's goals of deeply serving clients and associates serve as the firm's subject matter experts for their respective areas.

Key Responsibilities

  • Responsible for developing robust multi-asset frameworks and recommendations, including strategic and opportunistic asset class positioning used in firm-wide portfolio guidance and discretionary portfolio management.
  • Responsible for development of firm-wide capital market assumptions, long-term market expectations utilized in client tools and planning discussions.
  • Work in partnership with Investment Strategy, Portfolio Solutions, Research and other internal stakeholders and committees in making better informed decisions consistent with the firm's long-term strategy.
  • Deliver effective written and verbal communication to financial advisors, clients, internal departments, firm leaders and investment professional contacts.
    • Bachelor's degree required
    • Advanced degree in Business, Finance, Economics, Mathematics, Statistics or another relevant discipline preferred.
    • 5+ years' experience as an investment analyst, preferably with asset allocation or multi-asset portfolio management experience.
    • Strong knowledge of asset allocation, including global economic issues and the impact on investments, as well as solid knowledge of various types of investments, asset classes, and markets.
    • Solid quantitative knowledge and proven success in applying such techniques used in building effective global, multi-asset, asset allocation models.
    • Familiarity of programming languages, including Python, R, SQL, and/or Matlab preferred.
    • Strong interpersonal, written and verbal communication skills for preparing and presenting research to financial advisors, clients, internal stakeholders, and investment management companies.
    • Proficiency in spreadsheets, databases, and other software programs (Morningstar Direct, Bloomberg, FactSet, Microsoft Office, etc.)
    • Chartered Financial Analyst (CFA) or actively pursuing CFA designation consistent with department policy.
    • Series 7/66 required within 6 months of hire, consistent with department policy.
      • 100 Best Workplaces for Millennials in 2022, published Fortune July 2022, Great Places to Work - data as of March 2022. Compensation provided for using, not obtaining, the rating.
        • Edward Jones was recognized as one of the Best Workplaces for Millennials by Great Places to Work - and Fortune - magazine. The privately held firm ranked No. 2 overall, in its fourth appearance on the list.2022 Fortune Best Workplaces for Women, published September 2022, research by Great Places to Work -, data as of August 2021. Compensation provided for using, not obtaining, the rating.
          Edward Jones has been named to the 2022 Best Workplaces for Women list by Great Places to Work - and Fortune - magazine, ranking No. 45.2022 Fortune's 100 Best Companies to Work For, published April 2022, research by Great Place to Work -, data as of August 2021. Compensation provided for using, not obtaining, the rating.
          For the 23rd time, Edward Jones has earned a spot on the Fortune 100 Best Companies to Work For - ranking by Great Places to Work - and Fortune - magazine. Edward Jones ranked No. 35 on the prestigious 2022 list.2022 Best Places to Work For LGBTQ+ Equality, Great Place to Work - in partnership with Human Rights Campaign Foundation, published Equity Magazine January 2022, data as of July 2021. Compensation provided for using, not obtaining, the rating.
          Edward Jones scored 100 percent on the Human Rights Campaign Foundation's 2022 Corporate Equality Index (CEI) the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The ranking designated Jones as one of the best places to work for LGBTQ+Equality.Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.At Edward Jones, we value and respect our associates and their contributions, and we recognize individual efforts through a rewards program that promotes a long-term career, financial security and well-being. to learn more about our total compensation approach, which in addition to base salary, typically includes benefits, bonuses and profit sharing. The salary range for this role is based on national data and actual pay is based on skills, experience, education, and other relevant factors for a potential new associate:
          Salary: $109696 - $186781
          Category: Headquarters

Keywords: EDWARD JONES, Saint Charles , Analyst - Asset Allocation, Professions , Saint Charles, Missouri

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