Job Description

COMPANY OVERVIEW

The Coury Firm is a privately held multi-family office, asset management, and business advisory firm. The Coury Firm is headquartered in Pittsburgh, PA and is responsible for advising on more than $2.5 billion of client net worth and over $1 billion of investable client assets. Being a steward of multi-generational wealth for over 40 years, Coury distinguishes itself through its demonstrated ability to solve complex problems for its clients.

REPORTS TO

The Client Portfolio Management Associate will report directly to the co-Chief Investment Officer of the Firm, or their designee.

LOCATION

On-site position in Pittsburgh, Pennsylvania

POSITION SUMMARY

The Client Portfolio Management Associate will primarily be focused on managing and translating top-down portfolio recommendations into client-specific accounts. Working closely with the Asset Management Team as well as the Wealth Advisory teams, the Client Portfolio Management Associate will help implement, administer, and monitor portfolios relative to the Firm’s strategic investment recommendations and client-specific investment policy statements. This role will also be expected to provide custom analytics and reporting on portfolio-related matters.

In addition, this role will be assigned to a variety of projects and given a broad range of responsibilities such as investigating and communicating portfolio disparities, supporting block trades and syndicated investments, working with external vendors and custodians to enhance efficiencies in data integrity and delivery, preparing client-specific portfolio analysis, and providing management with exposure analysis and other ad hoc reporting.

ESSENTIAL DUTIES & RESPONSIBILITIES

The key responsibilities and description of duties described below are not intended to be all inclusive:

• Work directly with the Asset Management team and Wealth Advisory teams to implement portfolio recommendations and execute trades.
• Provide client portfolio “transition” analysis, illustrating proposed rebalancing actions and implementations.
• Help prepare, syndicate, and execute trades, including customized trading (such as lot-based transactions, limit orders, etc.)
• Monitor overall trading activity to identify wash sales, tax loss harvesting opportunity, account-specific restrictions, and ensure compliance with client and firm-level agreements and standards.
• Review Firm’s daily Global Transaction Ledger to review trade activity, maturities, and money flows across all client accounts.
• Generate Ad-Hoc portfolio reporting for Management and/or Advisors to facilitate portfolio implementation such as gain/loss harvesting, Required Minimum Distribution compliance, atypical cash or position balances, etc.
• Investigate, research, and resolve portfolio discrepancies in relation to Firm investment models and client-specific investment policy statements.
• Provide ad hoc macro and/or portfolio analytics to support team and client interactions.
• Help maintain internal data, valuation, and reporting on investment data from external fund administrators through provided client account statements across various private investments.
• Assist with maintenance of client trading groups and systems.
• Other duties as assigned.

QUALIFICATIONS

The Client Portfolio Management Associate must possess the following qualifications:

• A Bachelor’s Degree; preferred degree in Business, Accounting, Economics, Math, or related field
• Experience with portfolio management software; Tamarac preferred
• Experience with custodial platforms; Schwab preferred
• Preferred minimum one year of experience in related trading and/or portfolio analytics role
• Strong technology experience & disciplines; especially Microsoft excel
• Basic knowledge of traditional investments & alternative investments (private funds)
• Possess strong problem solving and conceptual thinking abilities.

PROFESSIONAL QUALITIES & FOUNDING PRINCIPLES

The Client Portfolio Management Associate must possess the following characteristics and principles:

• Leadership: The ability to direct and contribute to initiatives and processes within the organization.
• Ethical Practice: The ability to integrate core values, integrity, trustworthiness, and accountability throughout all organizational and business practices.
• Effective Communication: The ability to effectively cooperate and exchange information with stakeholders, staff, and clients.
• Critical Evaluation: The ability to interpret information to make business decisions and recommendations.
• Global & Cultural Sensitivity and Effectiveness: The ability to value and consider the backgrounds and perspectives of all parties.
• Relationship Management: The ability to manage interactions to provide service and to support the organization and its clients.
• Business Acumen: The ability to understand and apply information that can contribute to the organization's strategic plan.

We are an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state, or local laws.

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