Job Description

I'm currently partnered with a +$750B Asset Manager looking to expand their public securities group by bringing on an AVP to join the team in Chicago. This team is known for having strong relationships across financial services and covering the investment books of the top endowments, pensions, insurance firms, and family offices/ high net worth individuals.

This role plays a critical part in supporting the active management of multi-asset portfolios and contributing to strategic investment decisions. The ideal candidate will have 5–10 years of experience working with traded products, primarily equities and fixed income, and a strong understanding of asset allocation, portfolio construction, and portfolio optimization. This role reports directly into the PMs leading the group and have excellent exposure to risk management, client services, and clients at times.

Key Responsibilities:

• Asset Allocation: Support the development and implementation of tactical and strategic asset allocation frameworks across portfolios, with an emphasis on public equities and fixed income.
• Portfolio Construction: Assist in constructing portfolios aligned with client objectives, risk tolerance, and investment mandates. Contribute to the evaluation of investment ideas and recommend trades consistent with portfolio guidelines.
• Portfolio Optimization: Run optimization models and scenario analyses to improve portfolio risk-adjusted returns. Use quantitative and fundamental inputs to inform rebalancing and tilting decisions.
• Investment Research: Perform due diligence on individual securities, sectors, and macroeconomic trends. Collaborate with analysts and senior PMs to generate actionable investment insights.
• Performance & Risk Monitoring: Monitor daily portfolio performance and attribution. Analyze portfolio risks (e.g., duration, beta, factor exposures) and ensure adherence to internal guidelines.
• Trading & Execution Oversight: Liaise with trading desk to ensure efficient execution. Understand market liquidity and trading constraints for various instruments.
• Client & Stakeholder Reporting: Prepare portfolio commentary, risk/return analysis, and custom reporting for internal stakeholders and external clients.

Required Qualifications:

• Bachelor’s degree in Finance, Economics, Engineering, Math, or a related field; MBA or CFA designation preferred.
• 5–10 years of experience in portfolio management, investment research, or trading-related roles, preferably within institutional asset management, hedge fund, or insurance settings.
• Strong understanding of equities and fixed income markets, with working knowledge of derivatives a plus.
• High proficiency in Excel and exposure to programming tools (Python, R, VBA) for data analysis and model development.
• Excellent analytical, communication, and problem-solving skills.
• Ability to work independently and collaboratively in a fast-paced environment.

L: Chicago Loop

Comp: $185k - $250k Total Compensation (Base + Bonus)

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