Pure Financial Advisors, LLC is seeking a detail-oriented and organized Portfolio Administrator to join our Investment Management department. This role supports our traders and portfolio managers by preparing accounts for trading, processing transactions, maintaining accurate records, and producing regular reports. The position is essential to keeping our portfolio management operations running smoothly and to delivering a high level of service to our clients.
Key Responsibilities:
- Trade Preparation and Support: Prepare accounts for trading by setting up models, restrictions, and cash needs so traders and portfolio managers can execute efficiently. Follow up on trade-related issues and confirm accounts reflect intended changes.
- Account Setup and Maintenance: Onboard new accounts into the portfolio management system, assign models, and maintain account-level details such as restrictions, legacy positions, and tax considerations.
- Transaction Processing: Accurately process and record contributions, withdrawals, transfers, Roth conversions, and other account activity.
- Cash Management Support: Identify and flag cash needs for distributions, RMDs, and withdrawals, and ensure new contributions are ready to be invested.
- Data Integrity and Reconciliation: Maintain accurate portfolio data in firm systems and reconcile against custodian records, researching and resolving discrepancies.
- Reporting: Generate, review, and update client and internal portfolio reports.
- Collaboration: Work closely with traders, portfolio managers, financial advisors, and operations to coordinate portfolio activity and keep processes running smoothly.
Qualifications:
- Education: Bachelor’s degree required, preferably in Finance, Economics, Math, Statistics, or a related field.
- Technical Skills: Proficiency in Microsoft Office Suite, particularly Excel.
- Analytical Skills: Strong attention to detail, with the ability to analyze large sets of data.
- Communication Skills: Excellent verbal and written communication skills, with the ability to interact professionally with colleagues across departments.
- Organizational Skills: Strong organizational abilities, with the capacity to manage multiple tasks and deadlines efficiently.
Preferred Qualifications:
- Experience: 1–2 years of experience, including internships, at a Registered Investment Advisor (RIA) or Broker/Dealer.
- Industry Knowledge: Familiarity with asset classes and investment vehicles (stocks, bonds, mutual funds, ETFs), account types (taxable, IRA, Roth IRA, trust, and employer plans), and concepts such as model portfolios, rebalancing, cost basis, and required minimum distributions.
- Software: Experience with portfolio management, rebalancing, or research platforms such as Envestnet Tamarac, Orion, Black Diamond, Addepar, SS&C Advent (APX/Axys), Advyzon, iRebal, RedBlack, Bloomberg, or Morningstar.
- Licensing: SIE a plus.
Schedule/Work Setting:
- Hours: 7:00a-3:30p (PST), aligned with market hours.
- This is an in-office position, with the potential to move to a hybrid schedule after six months, based on performance and business needs.
Additional Details:
- Salary Range: $62,000-$72,000 (annualized)
- Benefit package includes health (medical, dental, and vision insurance), FSA and/or HSA plans, group and voluntary life/accidental death & dismemberment (AD&D) insurance, long-term disability insurance (LTD), a 401(k) plan with an enhanced employer match, including pre-tax, Roth and after-tax contributions, as well as generous holiday and paid time off policies.
Interested?
Candidates should submit a resume to [email protected]
