Careers – Portfolio Associate

Position Description: Portfolio Associate

portfolio associate careers at Versant

Benefits: Yes

Status: Full time; Exempt

To apply: Email resume and qualifications to connected@versantcm.com

Versant Capital Management, Inc. is seeking to add a Portfolio Associate to our growing team. Versant is an independent, Phoenix-based wealth management firm. We are a team of experienced wealth management counselors and investment professionals that manage family resources around what’s important to our clients.

Job Summary

The Portfolio Associate is responsible for set up and maintenance of client accounts; compilation and completion of client, custodian and firm paperwork; review and maintenance of client transactions and activity; and execution of client and firm tasks such as asset transfers, preparation of reports, and general support of portfolio and investment strategies.

Duties and Responsibilities

  • Manage and execute cashiering functions for clients including money transfers, wiring funds and verifying cash balances
  • Prepare client paperwork including account applications, transfer forms, agreements, contracts and any additional maintenance forms
  • Prepare client deliverables for meetings including net worth statements, reallocation schedules, performance reports and paperwork
  • Manage and execute assets transfers from contra firms
  • Serve as alternate trader – buying and selling securities as directed by Wealth Counselors and/ or CIO
  • Generate and review quarterly performance reports
  • Regularly communicate with clients, third party money managers, CPAs, attorneys and outside advisors
  • Prepare tax packages that are sent to client CPAs
  • Scan and file outside statements, copies of tax returns and miscellaneous reports to Worldox
  • Prepare whitepapers and training materials as needed
  • Utilize applicable technology systems, to include Junxure, Black Diamond, RedBlack, Worldox, Microsoft Office
  • Use resources online and attending conferences/ seminars.
  • Leverage colleagues for their expertise and knowledge when it comes to compliance and regulatory issues, and managing portfolios

Required Qualifications

  • 1-2 years experience in the financial services industry
  • Bachelors degree from an accredited university preferred
  • Proficiency in Word, Excel and Outlook
  • Strong analytical skills
  • Organized, detail-oriented, able to multitask
  • Client first attitude
  • Good written and verbal communication skills
  • Team player, collaborative, able to work with and through others
  • Desire/ability to work successfully in a small company environment

Salary and Benefits

Pay/benefits are competitive based on industry standards.

  • Salary commensurate with experience
  • Benefits include dental, health care, vision, disability, 401(k) with company contribution
  • Paid Time Off
  • Partial and/or full financial support for professional accreditation/continuing education requirements and other education/training opportunities
  • Company-paid happy hours, outings, and volunteer events