Assistant Vice President - Portfolio Management and Tax Overlay
Core
Lead the evolution of trading and portfolio implementation for LPL's Tax Overlay program, designing and scaling tax-optimized portfolio trading capabilities and advanced direct-indexing solutions.
Role type
Senior IC portfolio manager and tax overlay strategist
Builds
Scalable, tax-efficient Unified Managed Accounts (UMA) and direct indexing overlay trading capabilities
Domain
Wealth Management / Tax-Optimized Investment Strategies
Deliverable
production ML models | product features
Required skills
Tax-optimized investment philosophies, quadratic and mixed-integer optimization, multi-factor risk modeling, automated trading workflow design, performance metrics analysis for tax-sensitive portfolios, advisor engagement and training, cloud-based infrastructure management, database tools, machine learning application
Preferred skills
CFA designation, MBA or advanced degree in Finance/Mathematics/Engineering, experience leading Tax Overlay or Direct Index Tax solutions, integration of advanced trading technology and automation, familiarity with industry leading Tax Overlay providers (Envestnet, Parametric, Russell, etc.)
Technologies
Axioma, Northfield, MSCI Barra & QIS, n-factor Risk Models, Vestmark VAST, Envestnet/PMC, Microsoft Excel (VBA/macros), SmartSheet, Access, PowerPoint
Responsibilities
Lead rollout and scaling of tax-optimized direct indexing and overlay frameworks; Design and implement automated tools and proprietary trading platforms; Develop and implement sophisticated tax-optimized multi asset UMA and direct indexing overlay trading capabilities; Oversee daily tax efficient portfolio management workflows including account and sleeve-level optimization and trade execution; Drive daily oversight using performance metrics such as short-term/long-term net realized gains and tracking error; Build high-impact advisor materials and facilitate training sessions
Seniority
Senior, hands-on IC with strategic leadership