Associate Implementation Portfolio Manager

Russell Investments; Milwaukee (WI); On-site; USD 80,500 - 90,000; Full time

Job summary

Russell Investments is seeking bright, driven candidates to join our portfolio management team and build a rewarding investment management career.

You will work side-by-side with portfolio managers across our global financial services business, learning portfolio management from the ground up with dedicated support for your success. The role offers on-the-job coaching, cross-functional projects, and CFA sponsorship.

Qualifications

• Bachelor's degree or higher in any discipline.
• Interest in global financial markets and portfolio management.
• Strong analytical and quantitative skills.
• Ability to communicate clearly and work across teams.

Responsibilities

• Oversee day-to-day implementation of fund portfolio manager decisions.
• Assist in daily management of fund cash flows and trading activity.
• Develop and refine implementation strategies for portfolios.
• Coordinate with multiple departments to ensure efficient investment processes.
• Support portfolio construction, transitions, and performance reporting.

Skills

Portfolio management

Financial analytics

Microsoft Excel

Problem solving

Communication

Education

Bachelor's Degree

Tools

Microsoft Excel

Job description

Salary Range

$80,500 USD - $90,000 USD. Specific compensation will be based on candidate’s experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.

Job Description

We are looking for bright, driven, and thoughtful candidates to join our dynamic portfolio management team and to build a rewarding investment management career. This position will provide opportunities to work side-by-side with portfolio managers across our global financial services business and to learn from the best. You will learn portfolio management from the ground up and you will have a team dedicated to your professional success.

This role offers a unique development opportunity, with on-the-job coaching, cross-functional projects, and CFA sponsorship.

Daily activities and responsibilities of the role

• Exposure management
• Accountable for day-to-day implementation of fund portfolio manager decisions and fund activity
• Assists in daily management of fund cash flows
• Decides on the optimal implementation strategy
• Adjusts daily exposures and implements operational policies within parameters set by the Head of Portfolio Implementation
• Creates and instructs trades and ensures timely implementation
• Contributes to overall strategy development and implementation for portfolios to help generate superior investment performance in Russell Investments’ funds and separate accounts
• Portfolio restructures
• Responsible for the management and coordination of fund transition events
• Assists with strategy development to determine the most efficient implementation solution for specific manager changes and fund launches for both incoming and existing clients
• Coordinates with multiple departments to establish and manage implementation strategies. Ensures efficient, risk-controlled plans for implementing investment process launches or changes
• Team support
• Provides support to the Head of Portfolio Implementation as it relates to the improvement of the new and existing operational infrastructure for all asset classes, including portfolio viewing, implementation and analytics
• Stays informed of market events and guides portfolio managers in their implementation decisions
• Other tasks and duties as assigned

Desired qualifications and experience

• Bachelor's Degree in any discipline
• Passion for and interest in global financial markets, portfolio management and analytics, and implementation/execution strategies
• Technical skills, including basic statistics, and Microsoft Excel (strongly preferred)
• Ability to think critically, solve problems and find solutions for an evolving and improving investment process
• Strong attention to detail and accuracy
• Effective written and verbal communication skills including the ability to communicate and work with all manner of team members in a conscientious and inclusive way
• Aptitude to work under your own initiative and adhere to strict deadlines
• Excellent communication and project management skills including the ability to proactively establish and maintain relationships across teams and to escalate potential issues and drive solutions
• Ability to prioritize work under pressure while considering different projects simultaneously
• High tolerance for change, complexity, and unpredictability to handle market volatility and corresponding time-sensitive investment processes
• Positive attitude and desire to be part of a motivated and highly driven investment team
• Dedication to assist peers and other teams at all levels of the organization, particularly during periods of market volatility and fund activity

Bonus qualifications and experience

• 1-3 years’ related investment experience, or experience in the investment management industry
• Advanced degree in a related discipline including, but not limited to Business Management, Economics, Computer Science, Engineering, Accounting, etc.
• Basic understanding of securities markets, derivatives, and foreign exchange investment strategies
• Exposure to trading, operational and/or funds environment

Opportunities for growth and development

• The opportunity to be fully supported to earn the CFA designation including benefits to support your endeavor that include time off and financial support
• Ability to shape an evolving investment process and workflow to potentially include new and emerging technology
• Cross-functional training and networking opportunities within and beyond Russell Investments

This role is not eligible for employment-based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.

Equal Employment Opportunity

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person\u2019s actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person\u2019s biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status, or any other characteristic protected by law.