Manager Institutional Portfolio Implementation

At Harris the true value of what makes us successful is found in our people. It is our unique mix of cultures experiences beliefs and backgrounds that sets Harris apart from the rest. We constantly strive to cultivate nurture and amplify an unparalleled environment where we value intellectual curiosity and uniqueness of thought. Inclusion is embedded in the very fabric of our culture of collaboration and openness.

We understand that a job description only tells one part of a broader story and Harris is seeking dynamic candidates who can add to our bestinclass environment. We recognize that qualifications can be gained through both traditional and nontraditional paths and we are committed to considering candidates who possess the potential to be excellent in this role regardless of prior experiences.

Therefore we encourage ALL interested individuals to submit their applications even if they do not meet every requirement outlined in the job description.

The Position

The Portfolio Implementation team directly supports Portfolio Managers and builds relationships internally with Trading Client Service Product Managers Legal and Compliance counterparts and other operational teams.

On a daytoday basis Portfolio Implementation Specialists actively monitor portfolios and markets to assist Portfolio Managers in the management of client assets. The Portfolio Implementation team is positioned between Portfolio Managers and the Harris trading desk to support all Harris product types and is responsible for performing order origination pretrade compliance cash flows and dispersion monitoring. The Manager Institutional Portfolio Implementation leads a team of Portfolio Implementation Specialists encouraging them to utilize critical thinking skills to provide creative solutions and develop key tools to support the Portfolio Management team.

The Manager of Institutional Portfolio Implementation will serve in both an individual contributor role and manager role. Success in this role means having a proactive handson and collaborative attitude. This individual will need to excel in a fastpaced timesensitive environment and be proactive in establishing productive relationships with key stakeholders throughout the process.

Responsibilities

• Collaborate with Portfolio Managers and Traders to facilitate the implementation of investment strategies for all Harris client and product types including funds institutional and model delivery relationships.
• Oversee and lead the daytoday operations of the Institutional Portfolio Implementation team by coaching for performance providing constructive feedback facilitating development and fostering a positive team dynamic; act as point of escalation for team members.
• Perform dispersion monitoring and provide recommendations to Portfolio Managers on portfolio rebalances; provide suggestions for portfolio adjustments.
• Conduct all pretrade compliance reviews and monitor portfolio positions versus client and regulatory guidelines. Propose adjustments to Portfolio Managers to ensure adherence to guidelines. Liaise with Compliance Client Service and PMs on guideline resolutions.
• Review and monitor cash levels across all products. Perform cash flow management to meet client cash directives.
• Perform client account onboarding activities and transitions. Translate written client guidelines into enforceable rules in Charles River IMS. Participate in IMA review process and provide feedback on behalf of Portfolio Management team.
• Respond to ad hoc requests from Portfolio Managers. Proactively provide analytical support and improvement suggestions to portfolio management deliverables.
• Perform trading updates for model delivery clients in accordance with trade rotation policy.
• Understand originate and validate derivative transactions.
• Coordinate responses with PM team for corporate action elections.
• Facilitate the due diligence and implementation of unique portfolio management scenarios including but not limited to inkind transfers account open/terminations cross trades secondary offerings and private placements.
• Engage in error remediation process and provide suggestions for controls.
• Develop and oversee business process improvements automations and enhancements.
• Independently perform order management workflows and analyze portfolios within the platform.
• Work crossfunctionally with various departments across the firm such as:
  • Technology to lead efforts to enhance Charles River.
  • Traders to ensure they have necessary information to provide best .
  • Operational teams to ensure proper monitoring is in place for cash and positions to facilitate accurate trading/reporting to Portfolio Managers.
• Demonstrate deep mastery of all standard Portfolio Implementation workflows and perform oversite and guidance to junior members of the team. Learn advanced workflows and specialty order/trading situations.
• Assist in new product development and testing process.
• Ensure controls and procedures for order origination and compliance monitoring are documented maintained followed and meet SOC requirements.
• Lead team meetings to discuss relevant issues such as changes in procedures controls in place process improvements projects issues etc.
• Design and adjust departmental procedures in conjunction with changing business needs such as new products and strategies regulatory change and reorganizations.

Qualifications

Required

• Bachelors degree with a strong academic track record.
• Minimum 7 years of relevant experience in the investment management industry.
• Proficiency working with Charles River IMS.
• Knowledge of investment process and understanding of various product types.
• Experience reviewing client and regulatory guidelines.
• Excellent organizational skills and attention to detail ability to manage competing priorities and deadlines.
• Excellent interpersonal skills with the ability to work with all levels of stakeholders with a high degree of integrity professionalism and maturity.
• Collaborative and ability to work independently and as a member of a team.
• Ability to make complex determinations and utilize critical thinking skills to anticipate portfolio management needs.
• Knowledge and understanding of indepth tax trading strategies to suggest to portfolio managers.
• Thrive in a fastpaced dynamic environment while handling multiple priorities concurrently and managing business expectations.

Willingness to learn

• Bloomberg/FactSet
• Salesforce

Special Requirements:

Work hours are primarily 7:00 AM to 3:00 PM (or later) but may periodically rotate to provide coverage and could range from 5:30 AM to 1:30 PM (or later) or other depending on the needs of the organization. After hours and holiday oncall rotating support will be required in both primary and backup roles to enter trades during Asian and European trading hours (i.e. 5:30 PM until 5:30 AM). This individual must be willing to serve as a backup to other team members who may be on different work schedules and must be flexible as s/he may be requested to adjust work schedules as needed.

Equal Employment Opportunity Policy Statement
Harris Associates L.P. pursues a policy of equal opportunity in all areas of employment including recruitment hiring training compensation benefits advancement and treatment on the job. This means that Harris does not discriminate against employees or qualified applicants based on an individuals race color religion creed sex age national origin physical disability sexual orientation transgender status transsexual status status as a veteran or disabled veteran genetic information or for any other reason prohibited by law. Harris reserves the right to review publicly available information about applicants (i.e. via social networking sites) to the extent permissible under applicable law.

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