Proprietary Funds Team Leader

Edward Jones

Saint Louis, MO Posted 11/16/2024 Full Time
Want a meaningful career where you can make a difference Edward Jones sounds perfect for you.

Collaboration. Autonomy. Opportunity. Words our headquarters associates use when talking about working at Edward Jones. Words that describe what it's like being part of a firm where everyone is aligned toward a singular focus: serving the client. And everyone is working to make the firm better together - as they grow as individuals. If these words resonate with you, we should talk.

Job Overview

Position Schedule: Full-Time

Bridge Builder and EJ Money Market, collectively the proprietary funds complex, currently includes twelve Bridge Builder mutual funds (comprised of 50 underlying sub-advisers) and the Edward Jones money market fund. Bridge Builder is ranked as the 20thlargest mutual fund company is the U.S. (nearly $200B in assets) as of 3/31/2023, as well as represents approximately 50% of our Advisory Solutions (firm discretionary) assets under care.

The Proprietary Funds Leader is responsible for overseeing the portfolio management process and decision making for our proprietary funds complex, which ultimately leads to investment excellence and direct client account impact. The leader also contributes significantly to the strategic direction of our asset management offering, with expectations of an expanding product offering, broadening client eligibility, and significantly increasing client assets over the next 1-3 years.

Key Responsibilities:
  • Oversee performance and risk profile of Bridge Builder mutual funds and Passport money market
  • Voting member of Portfolio Solutions Review Committee (team governance of Advisory Solutions and Bridge Builder)
  • Quarterly presentation to Board of Trustees, both through direct presentations as well as guiding that of team members
  • Voting member of Asset Allocation Working Group, the subgroup of the Investment Policy Committee responsible for asset allocation recommendations
  • Direct people leadership of current team of 5 investment professionals
  • IFOG member, the group responsible for the day-to-day management of the Olive Street (Bridge Builder investment advisor) business plan


Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.

Hiring Minimum: $196626
Hiring Maximum: $334794

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Skills/Requirements

  • Finance or Accounting Bachelor's degree and/or MBA preferred
  • CFA or actively pursuing CFA designation consistent with department policy.
  • Series 7 and Series 66 required or attainable within six months of hire.
  • 10+ years experience as an analyst and/or extensive industry experience preferred.
  • 2+ years leadership experience preferred.
  • Extensive knowledge of asset allocation, portfolio construction, portfolio risk management and manager due diligence.
  • Extensive knowledge of various types of investments, public and private asset classes, and markets.
  • Extensive knowledge of mutual fund and money management industry including various managed investments (mutual funds, ETFs, and separate accounts.)
  • Demonstrated success in leadership.


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Awards & Accolades

At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.

Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones

Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones

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About Us

Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 8 million clients and 19,000 financial advisors across the U.S. and Canada, we're proud to be privately-owned, placing the focus on our clients rather than shareholder returns.

Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.

People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.

View our Purpose, Inclusion and Citizenship Report.

¹Fortune 500, published June 2023, data as of December 2022. Compensation provided for using, not obtaining, the rating.

Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.

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JOB LOCATION:
Saint Louis, MO 63190

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