Portfolio Administration & Client Service Associate – Spectrum Asset Management

We’re looking for a Portfolio Administration and Client Service Associate to join our Spectrum Asset Management team. In this role, you’ll be part of a team focused on interacting daily with all areas of the firm as well as external clients!

• Monitor and maintain client account performance and attribution reporting, internal composites, benchmarks and indices
• Analyze and maintain market constituents, and other strategic data for the firm
• Communicate and disseminate information to sales and marketing teams regarding portfolio, credit and market performance
• Design and implement systems to make client service data related activities more efficient
• Design, test, monitor, and internally report upon portfolio guideline compliance rules
• Coordinate and consolidate responses to requests for proposals
• Interface with portfolio managers and credit analysts, clients and affiliated compliance personnel regarding portfolio compliance and coordination

Spectrum is a registered institutional advisor, with a subsidiary broker-dealer. With over $18 billion in assets under management, Spectrum manages portfolios of preferred and capital securities for an international universe of corporate, pension fund; insurance and endowment clients; open-end and closed-end mutual funds domiciled in the United States, Ireland and Japan, and separately managed account programs for high net worth individual investors sponsored by a variety of broker-dealers. Spectrum is directly owned by Principal Global Investors (doing business as Principal Asset Management) and is indirectly owned by Principal Financial Group. Check us out at https://www.samipfd.com.

• You have a bachelor’s degree, or equivalent, preferably in finance, accounting, economics, business management, mathematics, or computer science
• two years’ minimum work experience in institutional asset management, operations, client support, or finance
• Basic knowledge of fixed income
• Strong Excel skills, including PivotTables, advanced formulas (e.g., INDEX/MATCH or XLOOKUP), and analysis of large datasets for reporting and reconciliation

Skills That Will Help You Stand Out

• Competent skills with Python and SQL
• Experience with AI assisted code writing tools
• Knowledge of preferred and capital securities
• FINRA SIE, Series 7 and Series 63 preferred or ability to obtain within 180 days
• Experience with Bloomberg Terminal; including AIM, CMGR, PORT, and SQL database queries
• Excellent communication, writing, and organizational skills

The salary range posted reflect market-specific compensation for this position across multiple job levels. Candidates will be evaluated to determine the appropriate job level based on their skills and experience. 

Location

Stamford, CT. Spectrum’s Stamford office is located 15 minutes from the Metro-North Railroad (New Haven Line) and there city buses that runs daily between the Stamford Metro-North Station and the office park at which Spectrum is located. As a result, a reverse commute from New York City to Spectrum is practical.

Work Environments

This role offers the ability for in-office or hybrid (blending both office and remote work in a typical workweek) work arrangements (but requires three office days each week). You’ll work with your leader to figure out which option may align best based on several factors.

Job Level

We’ll consider talent at the next level with the right experiences and skills which includes a minimum of 5+ years' institutional asset management, operations, client support, or finance

Work Authorization/Sponsorship

At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.

Nonimmigrant Workers and Green Card for Employment-Based Immigrants

Investment Code of Ethics

For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.

Experience Principal

At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits.

Principal is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.