Port Construction Managing Dir

Responsibilities: Job SummaryThe Managing Director of Portfolio Construction is a key leadership role within the investment team. This senior investment leader collaborates closely with the Chief Investment Officer while leading a team of analysts to develop, manage, and deliver 1834's investment platform. The scope of this role's responsibilities related to 1834's investment platform includes (1) maintaining due diligence coverage on third-party managed products, (2) managing allocation models, where our guidance across asset allocation, manager selection, and proprietary security selection becomes cohesive portfolio guidance for our portfolio managers, (3) overseeing third-party platforms (including those related to alternative investments and equity UMAs), and (4) providing custom analytics and portfolio strategies for 1834's largest and most complex client portfolios. Good candidates for this role will possess: Deep technical understanding of financial markets and portfolio theory The strong quantitative skillset required to develop and maintain reliable and rigorous processes for managing portfolio risk while competing with benchmark returns across a broad spectrum of investor constraints Exceptional skill in communicating investment decisions, rationale, and results to a variety of audiences, internal and external to the firm Affinity toward coaching, mentoring, and developing talent within a team of investment analysts Salary RangeThe salary range for this position is $130,500/Yr. - $263,800/Yr.. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities: Asset AllocationDevelop and maintain strategic asset allocation guidance across client risk and constraint profiles Own the capital market assumption and SAA optimization process with input from CIO and senior research colleagues Coordinate and manage implementation of tactical asset allocation guidance, with support and input from CIO and senior investment colleagues Develop and communicate guidelines for prudent use of alternative investments as a part of a long-term investment strategy for suitable clients Model Portfolio GuidanceManage a range of allocation models toward strong, long-term, risk-adjusted returns Oversee the manager selection and due diligence process to (1) maintain a high standard of integrity and excellence across third party asset managers with whom we entrust client capital, and (2) ensure cohesion and diversification within client portfolios across both proprietary and third-party solutions utilized Risk ManagementContinuously monitor risk levels across allocation models, including benchmark-relative tracking error, factor exposures, concentrations, and drift. Produce and present performance attribution on a regular basis to oversight committees and to colleagues and other internal stakeholders Set and maintain rebalancing policy for centrally managed portfolios, coordinating with investment operations group to ensure efficient and effective trading toward updated investment guidance at large scale Governance and ComplianceConsistently document portfolio construction methodology, model changes, and investment decision-making Ensure that the investment platform offers solutions for all clients, in terms of meeting fiduciary, suitability, and bank regulatory requirements Provide support and education to client-facing portfolio managers to ensure that suitability guidelines are observed and enforced with regard to alternative investments and/or other ap