Director Portfolio Management

Clearstead; Cleveland (OH); On-site; USD 120,000 - 200,000; Full time

Job summary

Clearstead is seeking an experienced Investment Portfolio Manager to construct and implement client portfolios, oversee strategy, and deliver proactive portfolio oversight in line with the Clearstead Investment Philosophy.

Responsibilities include developing complex investment analyses, proposing portfolio designs, leading live reviews with clients, and collaborating across teams to win new business while mentoring Portfolio Associates. Advanced CFA/CAIA preferred; 7+ years in financial services.

Qualifications

• Bachelor’s degree in business administration, Finance, Economics or related field.
• Master’s degree preferred.
• 7+ years of investment and financial market experience within a financial services institution; private wealth advisory experience preferred.
• Advanced designation CFA/CFP/CAIA strongly preferred.
• Demonstrated analytic and client service skills.

Responsibilities

• Create complex investment analysis or modeling to support sophisticated investment clients.
• Evaluates prospect investment data and designs portfolio proposals.
• Facilitate live investment portfolio reviews with clients and prospects.
• Communicate portfolio updates and rebalance initiatives to assigned clients.
• Mentor Portfolio Associates and collaborate with Research and Asset Allocation teams.
• Participate in Investment Research and Asset Allocation Committee meetings.

Skills

Investment experience

Client service

Analytical skills

Communication skills

Team player

Time management

Problem solving

Entrepreneurial drive

Business development

Strong computer proficiency

Education

Bachelor’s degree in business administration/Finance/Economics

Master’s degree preferred

CFA/CFP/CAIA designation preferred

Tools

Tamarac Advisor View

Addepar

Portfolio software

Job description

This position will be responsible for investment portfolio construction, implementation of strategy, and proactive portfolio oversight while maintaining the Clearstead Investment Philosophy to provide superior client service and support.

Position responsibilities:

Create complex investment analysis or modeling to support sophisticated investment clients

Evaluates prospect investment data, leads and delivers the design of investment portfolio proposals, and collaborates with team members in a positive and passionate manner to win new business

Facilitate live investment portfolio reviews with current clients and prospects

Communicate portfolio updates and rebalance initiatives to assigned clients as needed

Follow the Clearstead approach of creating client meeting agendas/recaps

Advanced knowledge of clients through reading internal CRM notes, studying client files, and collaborating with team members

Has ambitions of becoming a client facing advisor and managing their own book of business.

Active in business development efforts within the community

Maintain strong command of capital market dynamics and economic landscape, portfolio theory, market history and trends, and appreciation of individual investor behavioral traits

Advanced understanding of and utilize Tamarac Advisor View/Rebalancer, Addepar and other software systems to analyze and manage client portfolios

Serve as the primary Clearstead point of contact for several clients carrying an investment focus, and support contact for clients receiving comprehensive services (Planning, Tax, Investments)

Collaborate and mentor Portfolio Associates to manage client investment portfolios

Participating in Investment Research and Asset Allocation Committee meetings

Regularly communicate with Research Department on investment strategy

Manage client databases and investment policy information to uphold data integrity

Organize and track client assignments to efficiently manage workload

Use internal systems to manage work efforts and communicate effectively to drive consistent and professional client experiences

Complete other duties as assigned

Requirements

Essential skills and experience:

• Bachelor’s degree in business administration, Finance, Economics or related field; master’s degree preferred
• Advanced designation (i.e., CFA, CFP, CAIA) strongly preferred
• 7+ years of investment and financial market experience within a financial services institution; experience within a private wealth advisory setting preferred
• Passion for investments
• Ability to work under pressure, organize and manage multiple priorities in a demanding environment where time management, attention to detail, follow-through and meeting deadlines are critical
• Demonstrated analytical skills
• Strong computer proficiency (e.g. Word, Excel, Adobe and Outlook)
• Demonstrated client service skills
• Excellent interpersonal and communication skills, written and verbal
• Has a strong ability to solve problems and an entrepreneurial drive to get things done
• Strong team player with the ability to interact with staff at all levels of the organization
• Commitment to company values

About Clearstead:

Clearstead is an independent financial advisory firm servicing wealthy families and leading institutions across the country. As a fiduciary, it provides wealth management services and investment consulting to help clients meet their financial objectives, achieve their aspirations, and build stronger futures.

We fulfill our mission by creating a unified investment framework for our clients and integrating financial planning, tax planning and compliance, trust services, and investment management to address complex financial situations.