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The Robert Toigo Foundation

Portfolio Implementation Specialist

Duff & Phelps Investment Management Co
May 10, 2023
Chicago, Illinois
Job Type
Salary Commensurate With Experience
  • Illinois


The Duff & Phelps team brings together a rare mix of skill, experience, education and credentials in a collegial, collaborative environment.

SUMMARY:  This position will be responsible for providing day-to-day pre- and post-trade implementation support and service to Portfolio Managers, Traders, and other internal and external stakeholders as well as to the Managing Director of Investment Administration & Operations. Additionally, the position will focus specifically on supporting equity portfolio managers, associated management teams and other impacted internal/external stakeholders by providing analytical, system, and pre/post trading support.  This role will be responsible and instrumental in directly inputting and implementing model, rebalance, and other trading programs, and is intended to separate the responsibilities of portfolio managers, investment team members, traders, and other staff from performing certain account-specific order entry and/or operational tasks.  The ideal candidate has an operations background and can leverage that knowledge to assist traders and portfolio managers with automation efficiencies and process improvements.


  • Responsible for entering model, rebalance, and program trades into OMS as directed by Portfolio Manager(s).
  • Ensures positions in supported strategy accounts are aligned with model portfolios.
  • Ensures trade ticket, details & broker activity is tracked, approved, and filed to meet compliance regulations.
  • Interacts and corresponds with internal PMs & traders on a pre/post-trade basis to review trade status (i.e., liquidity/market conditions/other).
  • High-level understanding and knowledge of internal ABOR/IBOR/OMS.
  • Must maintain a strong, thorough understanding of the firm’s products, strategies, and services.
  • Ensures timely and accurate trade input and electronic trade execution in support of equity/fund strategies.
  • Audits current cash position in portfolios; calculates and adjusts cash balances for pending trades and conditions that impact holdings; monitors redemptions/subscriptions to determine whether cash needs to be raised or invested.
  • Initiates precise, prompt contact and communication (as needed) with internal & external counterparties (i.e., custody, transfer agents, 3rd party service providers/VSS/Virtus/etc.).
  • Primary point of contact and subject matter expert for equity order entries into OMS.
  • Monitor and maintain proprietary in-house database systems with current, accurate trade and positional data.
  • Monitor and help maintain OMS/other databases used by internal stakeholders.
  • Provides and participate in cross-training and mentorship activities.
  • Performs other duties as required by MD of Investment Administration & Operations and/or other senior management.

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required for the position.  Other duties may be assigned from time to time by management. 

 MINIMUM QUALIFICATIONS: (education, experience, certifications, licenses & skills required)

  • BA/BS degree and 3-5 years of experience in an investment or financial industry, or an equivalent combination of education and experience.
  • CFA credentials a plus.
  • Experience using Bloomberg, and OMS such as Bloomberg AIM, Advent, Moxy, Longview, and/or SimCorp.
  • Advanced excel skills required; must be intellectually curious and technically savvy with SQL and/or basic programming language experience preferred.
  • Capital markets experience with a preference for equities preferred.
  • Ability to receive strategic direction from a senior leader and provide feedback and input enhancing that direction.
  • Excellent communication (verbal and written), time management, organizational, and interpersonal skills.
  • Excellent PC skills with proficiency using MS software and internet research capabilities.
  • Detail-oriented with the ability to manage multiple projects simultaneously, establish priorities, work independently, handle interruptions, and proceed with objectives without supervision.
  • High energy, positive “can do” attitude demonstrating flexibility and teamwork.


  • Willingness to work in a hybrid work environment (i.e., combination of in-office and remote work).
  • Willingness to work early morning shift (i.e., 7:00-7:30am start time)
  • Sit for prolonged periods.
  • Ability to operate a computer and perform repetitive motion activities.
  • Ability to lift 25 pounds.

Virtus and its affiliates is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.


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