Kevin Tjernberg, CFA, CAIA

Experience

• 

  Northwest Administrators

  Nov 2009 - Mar 2011

  Senior Auditor

  At Northwest Administrators, I worked as an auditor to verify compliance of contractual pension contributions made by Taft-Hartley trusts, corporate plans and multiple employer (association) plans.My experience includes reconciling employee earnings statements, verification of compliance with pension contract language and establishing client relationships to affirm an effective audit process.

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  Verus Investments

  Mar 2011 - Nov 2017

  Senior Consulting Associate

  At Verus, I provided research, analysis and client support to the consulting team. This included providing performance and risk analysis of multiple asset classes, rebalancing client portfolios to meet cash needs or to align the portfolio with policy targets and conducting quantitative analysis utilized in client presentation materials. In addition, my responsibilities included conducting asset allocation studies using both mean variance analysis and Monte Carlo simulation. I also used BarraOne to run tail risk scenario analysis and stress tests in producing deliverables for client facing consultants. Verus is an independent, employee-owned provider of non-discretionary consulting and discretionary management services to a wide variety of institutional investors, including endowments and foundations, corporate defined benefit and defined contribution plans, public pension plans, and multi-employer trusts. Show less

• 

  Olympia Parks, Arts and Recreation

  Mar 2018 - Nov 2020

  Park Steward

  While taking a break from full time positions directly related to my career development, I served as a Park Steward working to maintain the natural beauty of one Olympia's many outdoor parks. I also used this time to enjoy being with family and studying to earn the CFA and CAIA designations.

• 

  Parametric

  Jun 2019 - now

  • Manage high net worth portfolios using a rules based approach across multiple custodian platforms in a tax efficient manner.• Collaborate with various teams including PMs/CRG/Sales/Trading/Settlements/Recon/Client Reporting.• Took ownership of the full suite of PM tools and developed applications using Python, SQL and Excel VBA.• Developed numerous tools to increase PM efficiency.• Collaborate with PMs focused on developing automation tools for implementation to benefit my team. • Document descriptions of automation tools along with how to guides to aid in both implementation and understanding of the tools for my team.• Provide support for junior level PMs (APMs) along with being a point of contact for more experienced PMs. Show less • Construct optimized equity index portfolios for separate accounts.• Rebalance and transition portfolios to maximize tax-efficiency.• Managed a book of 4,000 accounts with a complex custodian.• Developed multiple PM efficiency tools using Excel VBA.• Construct custom benchmark data.• Validate after-tax return data for both portfolios and benchmarks.• Performance attribution.• Respond to client requests for analysis.• Participate in process improvement and technology development efforts. Show less

  • Director, Custom Core Portfolio Management

    Apr 2023 - now

  • Portfolio Manager

    Nov 2020 - Apr 2023

  • Associate Portfolio Manager

    Jun 2019 - Nov 2020