Portfolio Analyst

Working at 55ip means standing at the intersection of finance and technology—and at the cutting-edge of wealth management. We’ve been making rapid progress in our mission: to break down barriers to financial progress for financial advisors and their clients. Our Boston- and Mumbai-based team has built and brought to market a tax-smart investment strategy engine delivering intuitive experience and intelligent automation. Driven by strategic partnerships with world-class asset management firms, such as BlackRock and J.P. Morgan, we’ve experienced breakthrough growth over the last year. Today, over 110 financial advisor firms with $28 billion in assets (and counting) are using 55ip.

If we look a little different, it’s because we are. We’re entrepreneurs, product pros, investment scientists, and customer advocates who aim to deliver an exceptional experience—and have fun doing it. Like lots of companies, we’ve got a deep bench of smart, talented, creative people, but our superpower is something else: hustle. That extra push when others would quit, that new approach nobody else has tried, that ability to thrive at 30,000 feet or dig into the details—and to do it all with humility, empathy, and respect. As we enter an exciting new chapter as a separately-branded subsidiary of J.P. Morgan, we’re looking for top talent—with hustle—to join us on our path to becoming an industry standard.

Portfolio Analyst

55ip’s Quant R&D team is looking for a professional to provide support to the R&D team testing and operational needs. The ideal candidate can understand market and portfolio data and investigate investment outcomes. Ensure that portfolios are positioned in accordance with investment strategies and views, and organizational and infrastructure capabilities are in place to support the portfolio management process. The candidate will be motivated, a problem solver, and an effective team player looking to make an impact.

Responsibilities

• Work with quantitative researchers and developers to support the evolution of its investment algorithms and the refinement of the research data, back-testing, simulation, and data visualization platforms.
• Analyze trade suggestions, positioning, risk metrics, etc. to ensure alignment with investment thesis and process, and recognize, evaluate, and reconcile any results that are inconsistent with strategy objectives.
• Setup, run and monitor historical & forward-looking simulations.
• Create reports using Excel, Tableau, and other tools.
• Provide Quant L1 support to execute requests & investigate questions/issues originating from trade operations and/or investment teams
• Investigate datasets for use in new or existing algorithms.
• Work closely with product management and technology teams.
• Participate in governance practices to monitor and refine investment methodologies.
• Take part in agile methodology & rituals
• Use JIRA to manage & assignment work items and issues
• Fully document operational procedures, processes, and workflows

Requirements

• Bachelor’s degree in accounting/finance/economics
• Interest in pursuing CFA and/or FRM
• Working knowledge in PowerPoint, Word and Excel
• Passion for financial markets and the investment management process.
• Strong verbal and written communication skills
• Strong attention to detail with the ability to conceptualize and learn complex financial data.
• Ability to work on multiple tasks and under pressure while handling large workloads and short timelines.
• Ability to work cooperatively and collaboratively with all levels of employees and management.
• Team Player with a strong work ethic and a diligent, responsible personality.
• Ability to work effectively in a highly collaborative, team-oriented environment.
• Excellent written and verbal communications skills.
• Knowledge of basic statistics, strong Excel skills and quantitative capabilities.
• Capable of investigating issues data using SQL.
• Ability to work with basic Python and statistics.
• Familiarity with tools such as BarraOne, Factset, Bloomberg is a plus.
• Candidate should be collaborative and thrives on challenge in a fast-paced, dynamic environment
• The highest degree of integrity, motivation, and intellectual curiosity