Portfolio Operations Analyst

To apply for this position, email us your cover letter and CV.

Eventide Asset Management, LLC is a Boston-based Registered Investment Adviser and serves as the Adviser to Eventide Mutual Funds. Eventide was founded in 2008 with a vision to provide high performance values-based investments for individuals, financial advisors, and institutions. Eventide is seeking a Portfolio Operations Analyst to help support our current and future operational and trading needs. The ideal candidate will have a passion for values-based investing, business background and education, as well as computer skills to help build and maintain systems that enhance our processes.

The Portfolio Operations Analyst will work with the Director of Portfolio Operations in helping to implement the investment strategies of our investment products, including trade support, trade reconciliation, model management, client reporting, compliance reporting and monitoring and supporting the Firm’s marketing needs. The role will require both independent and collaborative work in a small firm setting. The ideal candidate will have high integrity, be a self-starter, who is diligent with details and is eager to learn the details of investment implementation. The role will have a diverse set of responsibilities, challenges, processes and stakeholders in a small, growing company and thus presents a unique opportunity for the right candidate to obtain broad investment industry experience.

Department: Portfolio Management
Grade: Exempt
Reports to: Director of Portfolio Operations
Position supervises: No one

QUALIFICATIONS

  • Minimum BA/BS or equivalent preferably in business/finance or computer science
  • Excel/MS Office proficiency a requirement, experience with SQL and databases a plus
  • Positive attitude with a willingness to work hard and be on a steep learning curve
  • Attention to detail with demonstrated problem solving ability
  • Must have a willingness to work on and learn new software applications
  • Must have good communications skills and be a team player
  • Adheres to the highest ethical standards, personally and professionally

Duties / Responsibilities

  • Assist in trade reporting, equity and fixed income trade allocation
  • Manage daily NAV review/reconciliation and documentation
  • Back up trading and additional trade support, including supporting monitoring compliance requirements, Best Execution obligations, trade commission budgets
  • Support Private Investment process
  • Support Portfolio Operations technology and systems, including database management and supporting our technology team with product implementation
  • Works independently as well as on a team, support the investment, compliance and marketing teams
  • Be a self-starter and work across departments to improve process and output

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.

Compensation

Compensation will be commensurate with experience and capabilities. We offer structures that include base and bonus, as well as a full benefits package.

To apply for this position, email us your cover letter and CV.

News › Portfolio Operations Analyst

Mutual Funds involve risk including the possible loss of principal. Past performance does not guarantee future results. The Funds’ ethical values screening criteria could cause it to under-perform similar funds that do not have such screening criteria. The Funds can have risk related to option investing. There are special risks associated with investments in foreign companies including exposure to currency fluctuations, less efficient trading markets, political instability and differing auditing and legal standards.

The Eventide Gilead Fund and Eventide Healthcare & Life Sciences Fund can invest in smaller-sized companies which may experience higher failure rates than larger companies and they normally have a lower trading volume than larger companies. The Funds can also have risk associated with the biotechnology and pharmaceutical industry in which these companies may be heavily dependent on clinical trials with uncertain outcomes and decisions made by the U.S. Food and Drug Administration. The Funds can invest in private companies. Private investments include various risks including but not limited to lack of liquidity, capital commitment risk, and valuation risk. Private companies may not be financially profitable and have uncertain futures, subjecting them to additional risks. Investors in the Gilead Fund should be aware that companies in the technology industries have different risks including but not limited to products becoming obsolete, and entrance of competing products.

Investors in the Eventide Multi-Asset Income Fund should be aware that interest rates are at historic lows and may change at any time based on government policy. In general, the price of a fixed income security falls when interest rates rise. A rise in interest rates may result in volatility and increased redemptions, which in turn could result in the fund being forced to liquidate portfolio securities at disadvantageous prices. Longer- term securities may be more sensitive to changes in interest rates. The intermediate-term bond portion of the Multi-Asset Income Fund’s portfolio may represent 0% to 100% of the Fund’s portfolio with an average duration of between two and eight years. The Eventide Multi-Asset Income Fund may invest in other funds. If other funds are utilized, such underlying funds are subject to investment advisory and other expenses, which will be indirectly paid by the Fund. As a result, your cost of investing in the Fund will be higher than the cost of investing directly in underlying funds and may be higher than other mutual funds that do not invest in underlying funds. The Fund may invest, directly or indirectly, in “junk bonds.” Such securities are speculative investments that carry greater risks than higher quality debt securities. There are unique risks associated with REITs, preferred stocks, convertible bonds, and BDCs that are covered in the Fund’s prospectus and SAI.

The Eventide Multi-Asset Income Fund and Eventide Global Dividend Opportunities Fund can invest in MLPs and Yieldcos. MLPs carry unique risks including risks surrounding its tax status and risk pertaining to rising interest rates, both of which can negatively impact share price. Yieldcos carry different risks including Yieldco Sponsor Risk and cash flow risk. The Eventide Global Dividend Opportunities Fund can invest in Industrials and Utilities. Companies in the Industrial Sector carry various risks including, but not limited to, risk related to debt loads, intense competition, and sensitivity to economic cycles. Companies in the Utilities sector are subject to interest rate risk and cash flow risk. The Eventide Global Dividend Opportunities Fund is a new mutual fund and has a limited history of operations for investors to evaluate.

An investor should consider a fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information can be found in the prospectus, which can be obtained at www.eventidefunds.com or by calling 1-877-771-EVEN (3836). Please read the prospectus carefully before investing. Eventide Mutual Funds are distributed by Northern Lights Distributors, LLC, Member FINRA, which is not affiliated with Eventide Asset Management, LLC.