Associate Portfolio Manager - SMA Overlay & Tax Management

Your role

Are you a detail-oriented problem solver? Are you keen to join one of the fastest growing segments of the market?

We’re looking for a Portfolio Associate focused on our Personalized Tax Managed ("PTM") overlay for UBS Wealth Management private clients to:

• deliver tax and risk-aware overlay on active and passive strategies, working closely with our Asset Allocation and Equity teams as well as Index vendors
• provide accurate and timely implementation of security selection and asset allocation changes, as well as client-directed activities (e.g., deposits, withdrawals), with a focus on tax optimization at the account level
• monitor PTM accounts for opportunities to reduce risk and tax exposure
• create tax-sensitive transition proposals for prospective clients to support discussions with advisors and clients
• articulate the team’s capabilities, investment views and performance to Distribution, Financial Advisors and clients
• contribute to the development of new tax-focused functionalities and process enhancements
• deliver expanded services beyond the U.S. including additional value-added overlays such as options, factor tilts and long short capabilities

Detailed salary information :
• New York: the salary range for this role is $135000 to $195000
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits .

Your Career Comeback

We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback .

Your team

You’ll be part of the Overlay Portfolio Management team within Managed Account Solutions, based in New York. For over 17 years, we’ve been helping clients improve after-tax returns through customized investment strategies. As part of Portfolio Engineering and Trading, we deliver UBS’s investment capabilities to private clients via stand-alone and multi-asset separately managed accounts.

Your expertise

• ideally 5+ years of related experience in investment management and implementation of high-net-worth portfolios
• understanding of tax implications in portfolio management and the SMA industry
• proficiency in analytical tools such as Bloomberg, Barra, and FactSet
• familiarity with model delivery and Unified Manage Accounts (UMA)
• strong organizational skills and ability to manage high volumes of time-sensitive tasks
• analytical mindset with a proactive approach to problem-solving and process improvement
• effective communicator, comfortable presenting complex topics to clients and internal stakeholders
• collaborative team player, able to work effectively as part of a diverse team across multiple locations
• degree in finance, business, or a related field; CFA or MBA are a plus
• programming, coding, or AI skills are a plus

About us

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.
We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Want to find out more? Visit ubs.com/careers .

Salary information

US Only: The expected salary range for this role is $135000 to $195000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see «Your role» section for detailed salary information.

Join us

At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.
We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

Contact Details

UBS Business Solutions SA
UBS Recruiting

Disclaimer / Policy statements

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.