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Director Portfolio Management

Boston, MA, United States

Team Description

The Portfolio Management team is responsible for implementing the firm’s quantitative investment strategies with the objective of maximizing portfolios’ transfer coefficient and reducing diseconomies of scale. The team is involved in portfolio construction, risk management, portfolio finance, and cash and corporate action management, as well as trading and post execution analysis. It consists of 19 members and works very closely with other investment teams such as Research and Technology on several firm-wide projects and product development initiatives.

Job Description

This position involves working as a member of the portfolio management team with a particular focus in portfolio construction and monitoring. The goal is to assist in the rebalancing of portfolios and management of flows but also to contribute to long-term projects that aim to expand the investment opportunity set and reduce market frictions. Additionally, this position will entail representing the firm externally with clients and prospective clients.

Responsibilities

The typical responsibilities include, but are not limited to the following:

Work with clients and internal teams on numerous initiatives to expand the investment opportunity set and reduce investment constraints.

Contribute to product development and new fund launches.

Monitor portfolio positions and risk factor exposures and provide feedback to senior portfolio managers and members of the Research team.

Assist with portfolio attribution and investment communication.

Provide feedback on new alpha sources and investment opportunities.

Provide market color related to significant market events that may affect portfolio positioning.

Meet with clients, prospective clients, and other external stakeholders virtually and in person, at times requiring domestic and international travel, to describe investment process and investment results.

Forecast and trade review process and contribute to the portfolio rebalancing workflow.

The portfolio management group has an active queue of projects designed to better automate the team’s workflows. This position will also be asked to assist with these projects.

Qualifications

Undergraduate or postgraduate degree with an analytical focus.

At least 10 years of experience in a financial services firm with a focus on quantitative research and/or portfolio management.

Some experience presenting to colleagues, external stakeholders, and clients.

Detail-oriented with excellent organizational, analytical, and problem-solving skills.

Ability to work under pressure while meeting tight deadlines.

Ability to manage simultaneous projects asynchronously in the face of inflexible scheduling.

Fluency with running database queries and dealing with large datasets.

Proficiency and experience with any of several technical and/or programming languages, including: SQL, Python, C#, STATA, R, MATLAB, VBA.

Experience using Bloomberg Terminal.

Strong written and verbal communication skills.

CFA charter or enrollment in CFA Institute’s CFA program is desirable.

We maintain a friendly, team-oriented environment and place a high value on professionalism, attitude and initiative.

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