The Investments team helps asset owners across the world solve their investment problems. We offer a range of services across different delivery models, spanning advisory services, delegated portfolio management (OCIO) across both multi-asset OCIO and multi-manager asset class solutions and analytics & tools to give investors access to best-in-class ideas and the opportunity to meet their long-term investment goals.
As a Portfolio Manager, you will help drive the success of our investment business by working with the US Head of Delegated Portfolio Management to manage multi-asset OCIO client portfolios and multi-manager asset class solutions. Your role will be to help deliver strong returns for clients consistent with their goals and objectives.
You will be part of a motivated and talented team of investment professionals and will report to the US Head of Delegated Portfolio Management.
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
The Role
Client Focus:
- Play an active role as a member of the US Portfolio Management Group (PMG), our US multi-asset investment committee
- Participate in regular reviews of the US multi-asset model portfolios including proactively recommending asset allocation and/or implementation adjustments
- Proactively consider and make suggestions of potential improvements to US PMG’s process and delivery
- Lead projects as agreed by US PMG to research new areas and/or review views of ‘best practice’ portfolio construction in existing asset classes
- Contribute to thought leadership and messaging to internal and external client audiences
- Coordinate and liaise with Global Portfolio Management Group and Client teams to ensure best ideas are being considered across the organization as appropriate.
- Be responsible for the management of multi-asset delegated (OCIO) client portfolios, including defined benefit (DB), defined contribution (DC), not-for-profit (e.g.; E&F) and other institutional asset pools:
- Develop appropriate asset allocation and investment strategy for clients with a variety of objectives
- Proactively manage the clients’ portfolios, make and implement portfolio management decisions based on the clients’ own specific circumstances and:
- evolution of client objectives
- developments and evolution of model portfolios
- strategy, risk management and liability hedging considerations
- dynamic asset allocation views.
- Assist in the ongoing management of multi-manager asset class funds which may also form part of OCIO portfolios
- Play an active role in the research and underwriting of investment strategies / ideas for specific asset classes or funds
- Attend monthly/quarterly internal portfolio review meetings.
- Be a strong advocate and communicator of the firm’s investment philosophy and process, portfolio views and recommendations – both internally and externally with clients.
Teamwork:
- Work as part of a motivated, aligned and engaged team
- Build strong relationships internally and collaborate effectively on cross-functional teams, including Asset and Manager Research, Investment Committees, Operations, and Growth and Client delivery teams.
- Develop a culture of mentorship and talent development which supports colleagues on their career journeys
- Championing efforts to promote an equitable, inclusive culture that supports & develops more diverse workforce
Financial:
- Contribute to development of scalable processes to deliver value add portfolio management efficiently to multiple clients
- Contribute to the growth of the delegated business through participation in new business pitches, conferences, and other events
The Requirements
We welcome candidates with a broad range of experiences and career backgrounds:
- 7+ years of directly relevant experience
- High degree of understanding of investment principles across multiple asset classes and investment management approaches
- Understanding of multi-asset portfolio construction, including solid knowledge of equity, fixed income, derivatives, and alternative asset classes, including hedge funds, real assets, and private markets
- Ability to integrate portfolio construction with consideration of strategic goals and risk management requirements
- Strong understanding of risk, and the benefits and drawbacks of different risk measures
- Proactive desire to contribute to the ongoing enhancement of our portfolio management capabilities, to ensure they remain ‘best in class’
- Understanding of practical implementation aspects of day to day portfolio management for institutional asset pools, including DB, DC, and not-for-profit
- Ability to make judgements and decisions in a timely manner in the knowledge that perfect information is not available
- Attention to detail
- Willingness to challenge and be challenged
- Strong communication – be able to justify views and recommendations internally and externally.
- Focus on efficiency and scalable delivery
- DC familiarity and experience is helpful
- Asset allocation experience with pensions or other asset pools is required
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).
Compensation
The base salary compensation range being offered for this role is $150,000 to $250,000 USD per year.
This role is also eligible for an annual short-term incentive bonus.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (Washington State only)
Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.
EOE, including disability/vets
