Business Analyst – Portfolio Construction & Tax-Efficient Investing

Location: Remote
Duration: 6-Month Contract

Job Summary

We are seeking an experienced Business Analyst to join an Agile team supporting a Portfolio Management Technology organization. The ideal candidate will have strong expertise in portfolio construction, portfolio optimization, and tax-efficient investing, along with hands-on experience writing detailed user stories and acceptance criteria for technology solutions used by portfolio managers.

This is a business-focused role requiring deep investment management knowledge rather than project management or operations experience.

Responsibilities

• Collaborate with Portfolio Managers, Product Owners, and Engineering teams to gather and analyze business requirements.
• Translate business needs into detailed user stories, acceptance criteria, and functional requirements.
• Support the design and enhancement of portfolio construction and optimization capabilities.
• Define business requirements for portfolio constraints, objective functions, and rebalancing logic.
• Work on tax-efficient investing initiatives including tax-loss harvesting, wash sale rules, tax lot management, direct indexing, and tax-managed investment strategies.
• Participate in Agile ceremonies including backlog refinement, sprint planning, reviews, and retrospectives.
• Validate delivered functionality against business requirements.
• Perform data analysis using SQL or Python to support business decisions and requirement validation.

Required Qualifications

• 7+ years of Business Analyst experience within Investment Management, Asset Management, or Wealth Management.
• Strong understanding of portfolio construction and optimization concepts, including:
  • Portfolio constraints
  • Objective functions
  • Turnover limits
  • Position bounds
  • Sector caps
  • Tracking error budgets
  • Portfolio rebalancing
• Experience with tax-efficient portfolio management, including:
  • Tax-loss harvesting
  • Wash sale rules
  • Tax lot management
  • Direct indexing
  • Tax-managed Separately Managed Accounts (SMAs)
• Proven experience writing detailed user stories and acceptance criteria in Agile environments.
• Strong communication and stakeholder management skills.
• Hands-on experience with SQL or Python for business analysis is preferred.

Preferred Qualifications

• Experience with OCIO or discretionary investment management.
• Knowledge of portfolio management technology platforms.
• Familiarity with portfolio optimization models and investment analytics.
• Experience supporting Agile software development teams within investment or wealth management organizations.

Nice to Have

• Experience with portfolio optimization engines.
• Knowledge of modern portfolio theory, tracking error, and portfolio risk concepts.
• Exposure to tax-aware investment strategies and personalized indexing solutions.

What We''re Looking For

Candidates should be able to discuss real-world portfolio construction and optimization projects they have supported, including:

• Objective functions used during optimization
• Portfolio constraints applied
• Rebalancing methodology
• Tax optimization strategies implemented

Note: Candidates with backgrounds primarily in Program Management, Delivery Management, System Migration, Investment Operations, Fund Accounting, Trade Support, QA/UAT, Financial Advisory, or IT Portfolio Management are not a fit for this role.