Empowering Financial Futures.
For more than 65 years, Glenmede’s independent ownership, innovation and unwavering commitment to our clients have made us a trusted partner for private wealth, endowment & foundation, and investment management clients. Our people are invaluable. Through a team-oriented environment, your knowledge, expertise and varied backgrounds contribute to thoughtful innovation. Our culture fosters opportunities for continuous career growth and development in all areas of the organization. Working at Glenmede, you will experience the infrastructure and resources of a large firm combined with the client and employee focus of an independently owned boutique.
Glenmede Investment Management: Exceeding client expectations through our consistent approach to active management, unparalleled access to our team of experts and excellent service.
Our professionals are dedicated to outperforming our clients’ expectations. Going above and beyond is our imperative. We work to keep clients a step ahead in today’s markets by consistently using our insights, rigor and discipline to develop differentiated strategies — even if it means taking a new path when others are headed in a different direction.
This position will operate in a hybrid work environment, 3 days per week in the office (Philadelphia, PA).
OVERVIEW:
The individual will be a member of Glenmede's Derivatives Strategy team in Glenmede Investment Management (GIM) which is responsible for actively managing almost $1 Billion of derivative strategies and overlays. The Derivatives Strategy Associate reports directly to the Head of Derivatives Strategy and works directly with investment-related professionals across all functions and departments to support firm objectives. The position will provide additional depth and resources to the Derivatives Strategy team.
The individual will be expected to provide input and support in the day-to-day management of client derivatives portfolios and pooled vehicle derivatives strategies. The ideal candidate will have experience working with trading interfaces (e.g. Charles River, Bloomberg, Eze EMS), have a basic derivative overlay understanding, experience with front, middle or back-office straight through trade processing, and client services.
RESPONSIBILITIES:
Trade Support.
Support of trading activity from execution, settlement, clearing and post-trade analysis. Troubleshoot and problem solve issues that may arise with trading activity for client portfolios and derivatives strategies.
Process Improvement.
Contribute to the continuous automation and process improvement through collaboration with our operations and technology teams.
Client Service.
Support client account opening and onboarding ensuring processes are seamless. Contributing to the managing and enhancing of sophisticated derivatives investment strategies. Support the managing of portfolio risk by evaluating historical and real-time strategy performance. Work with Senior team members to develop and implement new derivative product solutions. Effectively communicating the investment process, portfolio construction and investment performance to sales prospects and existing clients
Market Research.
Monitor market trends, news and economic indicators impacting the derivative portfolios and strategies. Conduct research/analysis on market trends, financial instruments or new strategies evolving in the derivative market.
Firm Building.
Support the investment team in department-specific and firm-wide initiatives aimed at expanding capabilities, creating solutions to unmet business needs, improving client experience, or developing more efficient processes. Participate in various derivative projects as needed to help support overall Derivative Strategy teams goals & objectives.
REQUIRED QUALIFICATIONS:
- Bachelor's degree in a strong analytical and quantitative field such as Finance, Economics, Computer Science, Statistics, Mathematics, Data Science or Financial Engineering.
- Working knowledge of US Listed Options, Foreign and Domestic Equities, ETFs, and/or Fixed Income products.
- Experience in middle office and post-trade support functions.
- 1 to 5 years of experience in financial services.
PREFERRED QUALIFICATIONS:
- CFA or CFA candidate
- Passionate about financial markets and behavioral biases.
- Exposure to the following financial applications: FactSet, Bloomberg, Charles River or other trading platforms.
- Strong interpersonal, collaboration, verbal and written communication and teamwork skills.
- Initiative-taker, enthusiastic, able to engender confidence.
- Dynamic team orientation, able to build internal and external networks.
- Ability to work independently and demonstrate follow-up capabilities with solid attention to detail.
Headquartered in Philadelphia, PA, Glenmede has 9 office locations in the US. For further information, please visit http://www.glenmede.com. Our Benefits Overview:
- Competitive health and welfare benefits, including company HSA contributions
- Numerous voluntary benefit choices available
- Superior 401k match
- Tuition reimbursement
- Company subsidized commuter benefits
- Generous paid time off, including parental leave
- Plus more!
Glenmede is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind:
Glenmede is committed to the principle of equal employment opportunity for all employees and applicants and to providing employees with a work environment free of discrimination, retaliation, and harassment. All employment decisions, including hiring decisions, at Glenmede are based on business needs, job requirements and individual qualifications in full compliance with all local, state and federal laws prohibiting discrimination on the basis of any status protected by the laws or regulations in the locations where we operate. Glenmede will not tolerate discrimination or harassment based on any of these characteristics.
https://www.glenmede.com/equal-opportunity-employer/** We are not seeking agency assistance with this role. No agencies, third parties, or phone calls, please. Glenmede is not accepting unsolicited resumes from search firms. All resumes submitted by search firms to any employee at Glenmede via-email, the Internet, or directly without a valid written search agreement will be deemed the sole property of Glenmede, and no fee will be paid in the event the candidate is hired by Glenmede. #LI-Hybrid
