Investment Principal Blog Post

Allocator Jobs; New York (NY); On-site; USD 150,000 - 210,000; Full time

Job summary

An established industry player is seeking a dynamic Investment Principal to join their Client CIO team in New York. This pivotal role involves overseeing multi-asset class client portfolios while ensuring a collaborative and fast-paced working environment. You will leverage insights from the firm's Central Research Team to develop bespoke investment strategies tailored to client needs. The position offers ample opportunities for professional growth, competitive compensation, and a comprehensive benefits package, including medical, dental, and vision insurance. If you thrive in a client-facing role and have a passion for investment management, this could be the perfect opportunity for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401(k) Plan with Employer Matching

Paid Time Off

Flexible Spending Accounts

Commuter Benefits

Life Insurance

Short and Long-term Disability Insurance

Professional Development Opportunities

Qualifications

• 8+ years in a professional services role, preferably in investment management.
• Strong academic background with an undergraduate degree; advanced degree is a plus.

Responsibilities

• Oversee multi-asset class client portfolios and manage investment strategies.
• Lead client meetings and maintain strong client relationships.

Skills

Quantitative Skills

Problem-Solving

Interpersonal Skills

Leadership

Detail Orientation

Collaboration

Education

Undergraduate Degree

Advanced Degree (MBA)

Professional Certification (CFA, CAIA)

Tools

Microsoft Office (Excel, PowerPoint, Word, Outlook)

Job description

Partners Capital Investment Group, LLC is an outsourced investment office (OCIO) that serves endowments, foundations, pensions, investment professionals, and high-net-worth families in Europe, North America, and Asia. As of 30 June 2023, the 320-person firm had over US$50 billion in assets under management. Details below.

The Investment Principal on the Client CIO team located in New York will oversee multi-asset class client portfolios. As a growing firm, we seek new team members who are dynamic and comfortable working in a fast-paced and collaborative environment.

Client Portfolio Management (Primary Focus): The Investment Principal will serve as the Chief Investment Officer (CIO) for their clients, with end-to-end management responsibility for the investment process of client portfolios. Key responsibilities include:

• Investment Strategy Development & Bespoke Portfolio Management: Leveraging insights from the Firm’s Central Research Team and Asset Class teams to design multi-asset class portfolios for clients, subject to client-specific constraints including (but not limited to) risk budget, liquidity, and spending needs.
• Client-Facing Responsibilities: Investment Principals are key day-to-day contacts for clients, across regular portfolio review meetings and ongoing portfolio dialogue. Maintaining open dialogue with clients and responding to ad-hoc requests related to, for example: external investment opportunities, charitable giving, and/or estate planning.
• Meeting Preparation: Directing the agenda and supporting materials for client update meetings across portfolio, performance, and market/macro-economic topics. Leading meeting discussions and responding to client questions regarding investment strategy.
• Team Leadership & Development: Managing, developing, and mentoring junior team members who will support the Investment Principal in their range of responsibilities.

Other (Secondary Focus): As with all other members of the Firm, the Investment Principal will take on other activities and projects that contribute to the success of the business. Examples may include: recruiting and training junior members of the team, working with our internal DEI council and business associates, and/or assisting with business development.

Key responsibilities will be regularly assessed and are subject to change from time to time based on the needs of the business. The individual may be required to work overtime as needed.

Additional responsibilities include:

• Responsible for ensuring all information security processes, policies, and procedures are adhered to and any issues or concerns are raised with the Cyber Security team.
• Ensure full compliance with all local data protection regulations and privacy controls, and any related issues are raised via the appropriate channels.
• 8+ years’ experience in a professional services role (e.g., management consulting, investment banking, or asset management). Experience in a related field (e.g., endowment/family office portfolio management, investment consultancy) is a plus.
• Undergraduate degree with a strong track record of academic achievement. Advanced degree (e.g., MBA) or professional certification (e.g., CFA, CAIA) is a plus.
• Proficiency in Microsoft Office (Excel, PowerPoint, Word, Outlook).
• Strong quantitative skills and detail-orientation.
• Excellent problem-solving and interpersonal skills.
• Ability to thrive in a collaborative working environment.
• High intellectual curiosity and willingness to contribute to the overall success of the business.
• Experience mentoring, training, and leading junior team members.

Benefits and Compensation

Partners Capital is committed to being a great place to work. We are focused both on wellbeing and professional growth. You can expect professional development and career progression opportunities, competitive compensation, exceptional benefits, and a flexible "results-focused" working model. Our benefits package includes medical, dental, and vision insurance, short and long-term disability insurance, life insurance, flexible spending accounts, commuter benefits, paid time off, and a 401(k) plan with employer matching. The Firm also supports global philanthropy via a charity program and volunteer day. In addition, we champion a variety of wellness and social events. We also support the pursuit of professional certifications such as the Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), etc.

New York requires Partners Capital to include a reasonable estimate of the base salary range for this role. This base salary range is specific to individuals applying to work in our New York office and takes into account a number of factors. A reasonable estimate of the base salary range for this role in New York is $150,000 – $210,000. The base salary offered will be determined on factors such as experience, skills, training, certifications, and education. Decisions will be determined on a case-by-case basis.

The base salary is one element of our competitive compensation package. In addition to the base salary, this position may be eligible for performance-based incentives and our profit share program.