Working at 55ip means standing at the intersection of finance and technology—and at the cutting edge of wealth management. We’ve been making rapid progress on our mission: to break down barriers to financial progress for financial advisors and their clients. Our Boston- and Mumbai-based team has built and brought to market a tax-smart investment strategy engine delivering an intuitive experience and intelligent automation. Driven by strategic partnerships with world-class asset management firms, such as BlackRock and J.P. Morgan, we’ve experienced breakthrough growth over the last year. Today, over 300 financial advisor firms with $300 billion in assets (and counting) are using 55ip. 

As the Portfolio Implementation & Oversight Associate within the Platform Management and Strategy Team, you will be responsible for the day-to-day oversight of 55ip’s portfolio implementation platform, focusing on client portfolio investment and tax outcomes. You will collaborate with various functional teams, external partners, and clients, acting as a subject matter expert to support ad-hoc analyses, new product development, and strategic initiatives.

Job Responsibilities 

Analyze and review client portfolio trade orders, ensuring alignment with intended investment and tax outcomes.Produce, analyze, and support presentation of periodic platform-level portfolio oversight reportingConduct ad-hoc client and internal analyses related to client portfolio investment and/or tax-management outcomes.Develop a practical expertise of 55ip’s tech-enabled portfolio implementation and tax management capabilities and be able to provide support and develop solutions for internal teams, external partners, and clients.Partnering internally across Quantitative R&D, Product, Tech, Ops, and Client Facing teams. 

Support the error correction process, providing analysis and oversight of error remediation action.

Required qualifications, capabilities and skills 

Bachelor's degree in finance or economics3+ years of experience in an Investment and/or Wealth Management environment, particularly with a focus on client portfolio implementation, investment oversight/governance, and/or wealth management platform/tech experiencePassion for financial markets and technology in the asset and wealth management industryUnderstanding of ETFs, mutual funds, model-portfolios, separately managed accounts, and direct indexingKnowledge of basic statistics and quantitative analysis method, strong Excel skillsStrong data analysis and visualization skillsExcellent verbal and written communication skillsStrong attention to detail with the ability to conceptualize and learn complex financial dataAbility to manage multiple projects and work well under pressure while handling large workloads and short timelinesAbility to work cooperatively and collaboratively with all levels of employees and managementAbility to work effectively in a highly collaborative, team-oriented environment

 

Preferred qualifications, capabilities and skills

Demonstrated interest and/or progress towards CFA designation preferred 

About 55ip 

55ip is a financial technology company whose purpose is to break down barriers to financial progress. Wealth management enterprises and financial advisors use 55ip’s tax-smart investment strategy engine to dramatically improve their efficiency and effectiveness. 55ip’s intuitive experience and intelligent automation elevate portfolio design and delivery, helping advisors save time and drive better outcomes for their clients. At the heart of the experience is 55ip’s ActiveTax® Technology, which includes tax-smart transitions, management, and withdrawals. 55ip is becoming the industry standard by connecting to platforms where advisors manage their client accounts, enhancing workflow and reducing the need to move the assets. More information is available at https://55-ip.com/