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Associate Analyst II, Asset Allocation

Location: Saint Charles
Posted on: June 25, 2022

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 Asset Allocation Team within Advice & Guidance (A&G) is seeking a talented and experienced Analyst to conduct rigorous and disciplined fundamental and quantitative analysis across a broad spectrum of asset classes. The role will be instrumental in helping to develop and shape the firm's strategic and opportunistic asset allocation processes. This role also determines the firm's capital market assumptions, as well as investment category and asset class targets and ranges. This position is a part of the firm's Client Strategies Group Division.

The Client Strategies Group 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.Skills-Requirements
    • 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.
    • 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.)
    • Familiarity of programming languages, including Python, R, SQL, and/or Matlab preferred.
    • 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.
      • 2021 FORTUNE 100 Best Companies to Work For - By Great Place to Work - and FORTUNE Magazine - Edward Jones was named No. 20 on the list.
        • From FORTUNE -2021 FORTUNE Media IP Limited. All rights reserved. Used under license. FORTUNE and FORTUNE 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Edward Jones Investments.
        • 2021 Corporate Equality Index - Edward Jones joins the ranks of 767 major U.S. businesses that received top marks in the Foundation's 19th annual scorecard on LGBTQ workplace equality.
          • From The Human Rights Campaign. All Rights Reserved
          • 2021 Training Top 100 list - Edward Jones ranked No. 19, up six spots from last year in its 21st consecutive year on this prestigious list.
          • J.D. Power, 2021 - Edward Jones has ranked "highest in Employee Advisor Satisfaction among Financial Investment Firms" in the J.D. Power 2021 U.S. Financial Advisor Satisfaction Study.
            • Edward Jones received the highest score among employee advisors in the J.D. Power 2007,2008, 2010, 2012-2015, 2017-2021 Financial Advisor Satisfaction Studies of employee advisors' satisfaction among those who are employed by an investment services firm. Visit jdpower.com/awards for more information.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. Visit our career site 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: $76798 - $130764
              Category: Headquarters

Keywords: EDWARD JONES, Elgin , Associate Analyst II, Asset Allocation, Professions , Saint Charles, Illinois

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