Director, Investment Strategy & Portfolio Construction

Ally; Charlotte (NC); Hybrid; USD 135,000 - 235,000; Full time

Benefits offered by this job

401K plan

Employee stock purchase

Generous benefits

Job summary

Ally is seeking a Director of Investments, Portfolio Construction & Due Diligence to lead asset allocation and portfolio design for Ally Invest Advisors. You will oversee security and manager selection, perform due diligence, and shape investment frameworks for multi-asset portfolios.

You will develop market insights, contribute to market commentary, and collaborate across product strategy, marketing, and compliance to ensure well-governed investment solutions for clients.

Qualifications

• 7+ years of experience in asset management, preferably in portfolio management, portfolio construction, asset allocation, or manager research.
• FINRA Series 65, or Series 7 and 66 licenses
• CFA designation preferred
• Strong foundation in asset allocation and global capital markets
• Experience with portfolio construction, manager research, investment due diligence, and performance evaluation
• Strong understanding of economics and macro drivers of asset markets
• Knowledge of modern portfolio theory, investment research, and quantitative portfolio analysis
• Experience with back‑testing, risk models, and optimization techniques is a plus
• Advanced Excel and PowerPoint skills
• VBA, Python and other technical/automation skills preferred
• Strong written and verbal communication skills
• Highly detail‑oriented, intellectually curious, self‑motivated, and able to manage multiple priorities
• Strong understanding of managed products, including mutual funds, ETFs, and SMAs
• Familiarity with Morningstar Direct and TAMP platforms such as Orion and Envestnet

Responsibilities

• Develop and maintain the strategic and tactical asset allocation for AIA portfolios using capital market assumptions, risk and return analysis, quantitative inputs, and market insights
• Lead asset allocation and portfolio construction research to enhance model offerings and support the development of new portfolio solutions
• Define portfolio construction frameworks, including model criteria, weightings, and rebalancing approaches for multi-asset portfolios
• Lead security selection, manager selection, and ongoing investment due diligence
• Conduct analysis of third‑party managers, sector and industry trends, ETFs, and other managed products to support investment decisions
• Oversee quarterly performance evaluation, including risk and return analysis, attribution, and presentation to the Investment Committee
• Maintain informed views on market, sector, and macroeconomic developments and communicate recommendations
• Monitor risk across client accounts, assess portfolio exposures and risk factors, conduct portfolio reviews
• Analyze client and prospect portfolios and communicate portfolio insights and allocation recommendations
• Develop market commentary, quarterly updates, and product reviews for internal and external audiences
• Partner with marketing, communications, and PR to support media inquiries related to market developments
• Provide leadership across portfolio management and investment research while contributing directly to analysis and implementation

Skills

Asset management

Portfolio construction

Investment due diligence

Excel

VBA

Education

High school Diploma or GED

Tools

Morningstar Direct

Orion

Envestnet

Python

Job description

Ally is seeking a Director of Investments, Portfolio Construction & Due Diligence to lead asset allocation and portfolio design for Ally Invest Advisors. You will oversee security and manager selection, perform due diligence, and shape investment frameworks for multi-asset portfolios.

You will develop market insights, contribute to market commentary, and collaborate across product strategy, marketing, and compliance to ensure well-governed investment solutions for clients.