Junior Associate, Rotational
The Asset Management Diversity Accelerator (AMDA) is a 24-month rotational development program for entry-level job seekers interested in asset management. Participants will spend eight months as junior associates at each of three Chicago-area asset management firms. By attracting recent university graduates who may not otherwise explore careers in asset management—including those from underrepresented backgrounds—the AMDA seeks to create a new pipeline of junior talent, increase diversity of background and thought within investment teams, and better our communities. High-performing participants will have the opportunity to interview for full-time positions with participating firms after program completion.
This program has been created to give individuals who do not have a finance/accounting/economics or related degree a pathway into the asset management industry. Training and development opportunities will be geared specifically to those graduating with a bachelor’s degree outside these majors.
Job Summary
As part of this two-year rotational program, the selected individuals will gain experience from three independent asset management firms. Working within multi-asset distribution teams, the junior associates will work on client portfolios, assist in critical aspects of the distribution process, and coordinate relationship management activities to proactively address client needs.
What We’re Looking For
We’re searching for intellectually curious individuals interested in being trained in client asset services, portfolio management and distribution, and learning more about the world of investing. Numbers should come easily to these individuals as they use their critical thinking skills to support implementation of portfolio strategies to meet client objectives. In addition, communication skills are critical in this role, as junior associates will be interacting with clients and prospects and preparing investment material for internal and external meetings. Junior associates will receive training in portfolio and relationship management and will be required to deliver satisfactory performance for continuation in the program.
What You’ll Do
- Build knowledge of assigned client accounts and perform client service duties associated with the maintenance of client portfolios, with special focus on supporting the development and implementation of portfolio strategies that fit a diverse set of products and objectives.
- Support client relationship goals by handling projects with initiative, accuracy, and a sense of urgency.
- Assist with the preparation of investment presentation material for internal and external meetings.
- Work closely with team to execute reporting requirements and identify enhancements to current reporting processes.
- Analyze institutional investment data to support team in setting distribution strategy and product management priorities.
- Observe meetings with company management, brokers, and investment staff to maximize investment performance.
- Ensure all work activities comply with applicable rules, regulations, policies, and procedures.
- Additional responsibilities as requested.