Associate Analyst II, Portfolio Construction

Edward Jones
Saint Louis, Missouri
Salary between $66,379-$130,764 based on experience + bonus
02 Sep 2022
02 Oct 2022
Job Function
Performance Analysis
Industry Sector
Brokerage, Finance - General
Employment Type
Full Time

The Wealth Management Advice and Solutions Division (known as WMAS) 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. 

Within the Advice and Guidance department of WMAS, the Portfolio Solutions Team is responsible for both the Advisory Solutions and Guided Solutions investment advisory platforms:

  • Advisory Solutions has over $200 billion in client assets under care, representing approximately 15% of the firm's total assets under care, with nearly 95% of the program in Research Models managed by the Portfolio Solutions Team.  

  • Research-driven sample portfolios of managed investments are used in Guided Solutions by financial advisors and have become more important with the firm’s focus on providing solutions-based advice. In October 2013, the firm launched the Bridge Builder Bond fund utilizing third-party money managers, with additional Bridge Builder funds launched in 2015, which is expected to become more important with the firm’s focus on providing solutions-based advice and growing the number of clients served. Today, the Bridge Builder fund complex comprises eight multi-sub-adviser mutual funds with approximately $100 billion in assets. Guided Solutions has over $250 billion in client assets under care, the bulk of which utilizes the firm’s portfolio construction resources to aide in the creation of client portfolios

The Associate Analyst II will be responsible to:

  • Support the Portfolio Solutions Team in assembling and reviewing investment data, conducting statistical analysis, and preparing investment recommendations.

  • Develop the knowledge and analytical skills for investment decision-making by assisting in the asset allocation implementation, portfolio construction, and manager selection process.

  • Deliver quality service to financial advisors and internal departments by responding to information requests.

  • Enroll in and work towards completion of the CFA program.

Qualifications Required in the Job:

  • Finance or Accounting Bachelor's degree and/or MBA preferred
  • Successful progress towards completion of the Chartered Financial Analyst (CFA) designation
  • Series 7 and 66 (or 63/65 combo) required or attainable within six months of hire.
  • Proficiency in spreadsheets, databases, and other software programs (Morningstar Direct, Microsoft Office, FactSet, Bloomberg, BlackRock Aladdin, etc.)

Minimum Years of  Experience Required

  •  2+ years of working experience.
  • 0-2 years experience in related field required  2-4 years of experience in related field is preferred. 
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