PFM is the nation’s leading provider of independent financial and investment advisory services to governmental and not-for-profit organizations, with 40 locations throughout the United States and more than 600 employees.
PFM provides independent advice to our clients across three primary businesses. Our financial advisory business provides our clients with transaction structuring and management services related to debt issuance and accessing the capital markets. Our asset management business provides our clients with investment advice and portfolio management services. Our strategic consulting business provides advice related to our clients’ operating and capital budgets.
Headquartered in Harrisburg, PA, PFM Asset Management LLC (PFMAM) is among the largest investment-grade fixed-income managers in the United States. As of December 31, 2016, PFM's assets under management have grown to $70.9 billion, and we currently provide non-discretionary investment advisory services for $39.1 billion in assets. PFMAM specializes in managing investments for clients in the government, insurance, healthcare, higher education and other institutional sectors. PFMAM and its affiliated broker/dealers have around 250 employees, half of whom are in Harrisburg and the rest of whom are in offices around the country.
For more information on PFM’s menu of services, visit pfm.com.
Investment Operations is comprised of two groups consisting of around 15 employees: Investment Accounting and Investment Services. The Investment Accounting Group provides many of the functions of an investment advisor’s back office and the Investment Services Group is primarily a middle office. The mission of the Investment Accounting Group is to provide outstanding service by providing accurate and timely investment reporting for separate accounts clients on a daily basis. The Investment Accounting Group also serves as a resource to our client base offering advice on investment accounting issues and education on the implementation of new investment accounting standards.
The Investment Services Group is focused on overseeing internal systems, particularly the order management application, vendor relationships, operational oversight and risk mitigation. The department’s staff provides post-trade support and collaborates with the compliance function to ensure adherence to regulatory requirements. Investment Services is also responsible for interpreting client’s investment policy to establish the compliance rules in the order management system.
The Managing Director of Investment Operations will oversee the day-to-day operations and strategy of the 2 above groups. This position routinely provides investment accounting education to new clients, presents on behalf of PFM at various conferences and seminars nationwide and interacts with professional organizations on behalf of PFM.
The ideal candidate will have strong management skills and be a leader capable of steering the teams in the most profitable direction while also implementing PFMAM’s vision, mission and long term goals.
Candidate should be Certified Public Accountant that is able to demonstrate a comprehensive knowledge of investment products and services, securities processing and information technology.
The candidate should be an experienced leader with demonstrated success managing the portfolio accounting and trade settlement functions at a financial services company, bank or insurance company, with the following attributes:
PFM is proud to offer competitive base pay and incentive bonus package, a comprehensive benefits package, a business casual and collegial work environment, and ongoing training and development opportunities.
PFM is an Equal Opportunity Employer (EOE, M/F/D/V) and maintains a drug-free workplace.