Associate Portfolio Manager
Investment Management Team | New York, NY
What you’ll do:
As an Associate Portfolio Manager, you will support the onboarding and management of direct indexing and multi-asset portfolios across SMA and UMA platforms. You will assist in portfolio construction, rebalancing, and onboarding of client accounts, working closely with senior Portfolio Managers and cross-functional teams. This role is a great opportunity to gain hands-on experience in managing customized investment strategies while contributing to scalable, tech-driven portfolio solutions. Additionally, working with us, you’ll…
- Assist in the construction, rebalancing, and ongoing monitoring of multi-asset and direct indexing portfolios in SMA and UMA platforms.
- Provide client support with transition analysis, portfolio updates, and trading requests.
- Contribute to the development and maintenance of model portfolios, ensuring alignment with firm-wide investment objectives and risk guidelines.
- Collaborate with senior team members on the onboarding of new client accounts, including data validation, customization setup, and transition support.
- Help test and implement improvements to portfolio management systems and workflows in partnership with Engineering and Product teams.
- Coordinate with internal teams—including Technology, Sustainability, and Relationship Management—to support the delivery of personalized investment solutions.
- Document processes and contribute to knowledge sharing through collaborative tools, internal sessions, and workflow updates.
Who you are:
- You’re passionate about positively impacting the future of our planet and humanity
- You’re independent and comfortable working at a small, fast-paced startup
- You’re kind, curious, and interested in other people’s perspectives
- You’re inventive and excited about building something new
- You’re open-minded and value diversity
What you’ll bring to the table:
- 2+ years of experience in quantitative investment, with multi-factor risk model experience
- Familiarity of direct indexing, multi-asset portfolio construction, and SMA/UMA platform implementation.
- Background in and/or understanding of tax loss harvesting is preferred
- Understanding of investment operations including trading, execution, reconciliation and performance
- Strong written and verbal communication skills with the ability to clearly articulate investment concepts to internal stakeholders.
- Familiarity with designing and QAing end-to-end investment process improvements and support scalable technology-driven solutions.
- Demonstrated ability to identify opportunities for innovation, automation, and process improvement in investment workflows.
- High attention to detail and accountability in a fast-paced, high-volume environment.
- Interest in sustainable investing, values-based strategies, or the intersection of finance and impact is a plus.
About Ethic:
We at Ethic partner with advisors and institutions to deliver personalized, values-aligned, and tax-smart investing. Our technology enables sophisticated investment solutions through a simple and engaging client experience. We empower advisors and institutions to deliver investments that reflect what matters most to them and their clients.
We're backed by investors including Oak HC/FT, Nyca Partners, Fidelity, UBS, Jordan Park Group, and Kapor Capital. We are an SEC Registered Investment Adviser based in New York City.
Our team is committed to fostering an environment that brings together diverse voices, perspectives, and lived experiences. We are striving to drive positive outcomes for investors and to contribute to a more sustainable and prosperous future for the world.
Compensation & Benefits:
Compensation at Ethic is a combination of base salary, equity (stock options) in the company, and benefits.
The base salary for this role will range from $120,000-130,000 per year, commensurate with experience.
Our benefits package includes:
- Medical, dental & vision insurance – premiums 100% covered by Ethic (includes dependents)
- 401k with sustainable investment options and a 3.5% employer match
- Unlimited paid time off
- 16-weeks of paid parental leave
- An annual $600 wellness & education stipend
- Sponsored employee resource groups
- Regular lunch & learns and volunteering opportunities
- A fully-stocked office in lower Manhattan + the flexibility to regularly work remotely
Location: New York, NY (in-office at least 3 days a week)
Submit an application:
If you are interested in applying for this role, please submit both a resume and a cover letter below.
Ethic values the diversity of our team and welcomes applications from all backgrounds and life experiences. In order to continuously grow a diverse team, we are taking a data-driven approach to understanding and iterating our hiring practices.
Top Skills
What the Team is Saying
What We Do
A technology-driven asset manager and registered investment advisor delivering personalized investment solutions that are tailored to reflect individual sustainability and financial priorities.
Headquartered in New York City, our growing team brings a diverse set of backgrounds and experiences. Together, we are on a mission to help create a future where all investing is sustainable investing.
Why Work With Us
We’re a mission-driven team that welcomes & embraces diverse perspectives, with a collaborative work environment and inclusive workplace policies. We are committed to taking care of people and the planet, which is why we’ve built a team committed to solving big problems, creating a positive impact— and having a whole lot of fun along the way.
Gallery
Ethic Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
