Senior Investment Director, Private Practice

Cambridge Associates LLC; Boston (MA); On-site; USD 182,000 - 247,000; Full time

Benefits offered by this job

Mentorship program

Team-based structure

Exposure to top-tier managers

Global office collaboration

Employee Resource Groups

Performance bonus & benefits

Job summary

Cambridge Associates is seeking an Investment Director to join its Private Client Practice in the United States. The role involves constructing and managing client portfolios, performing due diligence, and presenting recommendations to clients and Investment Committees across the US, Canada, and the UK.

You will lead analytical work, supervise an investment associate team, and collaborate with CIOs, CFOs, and external advisors while ensuring timely, clear client communication.

Qualifications

• BA/BS required; MBA or CFA strongly preferred.
• Investment knowledge from work at an investment firm, a large institutional investor, or a family office.
• Demonstrated investment knowledge and analytical skills.
• Strong communication and relationship management skills.
• Excellent organizational skills with ability to prioritize and manage multiple projects.

Responsibilities

• Create and develop diversified portfolios to meet client objectives and risk tolerance.
• Conduct analyses, prepare materials, and respond to client requests.
• Work directly with clients and develop relationships with client committees and advisors.
• Select and evaluate investment managers across asset classes (incl. alternatives).
• Represent Cambridge Associates in marketing, conferences, and business development opportunities.
• Oversee and mentor analysts/associates, oversee performance reviews and career development.

Skills

Relationship management

Communication skills

Analytical skills

Organizational skills

Multitasking

Education

BA/BS required

MBA or CFA preferred

Job description

Firm Overview: Cambridge Associates (“CA”) is a leading global investment firm. CA’s goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate outperformance so that they can maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting. Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania. Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world. For more information, please visit www.cambridgeassociates.com.

Job Description Summary: Investment Directors work closely with colleagues to help clients meet or exceed their investment objectives, operating within a team-based structure alongside Chief Investment Officers, Managing Directors, Senior Investment Directors, and Associates. Within the Private Client Practice, this role works on an investment team whose clients are based in the United States, Canada, and the United Kingdom, and involves partnering with team members to construct and manage client portfolios while ensuring timely and effective communication with clients. Responsibilities include developing appropriate financial and investment goals, asset allocation policies, and investment manager structures; conducting due diligence on investment opportunities; selecting and recommending managers; and evaluating the performance of individual managers and total portfolios. Investment Directors are also expected to oversee and contribute to all aspects of client work, including analytical tasks, developing recommendations, supervising investment associates, preparing presentation materials, and assuming significant responsibility for client relationships through direct interaction and presentation of recommendations.

Responsibilities

• Create and develop diversified portfolios to enable increased returns and lower volatility consistent with time horizon, risk tolerance, and income needs to client
• Conduct analyses, prepare materials and direct clients on investment and financial issues; lead and coordinate ad hoc client requests
• Work with and present directly to clients; develop relationships with clients, including Investment Committees, CIO/CFO of client institutions, outside advisors, etc.
• Select and evaluate investment managers for virtually all asset classes, including alternative assets such as venture capital, private equity, hedge funds, real estate, timberland, and oil & gas
• Represent Cambridge Associates externally through marketing presentations, conferences and other business development opportunities
• Oversight of analyst/associate level team members, which includes training and mentoring needs, performance reviews, and career development

We Offer

• In-depth orientation and training program and structured mentorship program, which partners Investment Directors with senior-level resources to support development
• Team-based work structure, which supports an environment where immediate contributions can be made; and ongoing learning is encouraged and fostered
• Ability to attend meetings with top-tier investment managers; broad exposure to asset classes and strategies
• Opportunities to work with and meet colleagues across our global offices
• Opportunities to join Employee Resource Groups to help shape our community and promote corporate citizenship
• In addition to the listed salary range, this position is eligible for an annual performance-based bonus and a comprehensive, competitive benefits package.

Requirements

• BA/BS required. An MBA or CFA strongly preferred
• Appropriate investment knowledge and experience, gained from work at an investment firm or a large institutional investor, or family office
• Demonstrated investment knowledge and analytical skills
• Strong communication and relationship management skills
• Excellent organizational skills, strong attention to detail, ability to prioritize and work on multiple projects simultaneously
• Must be eligible to work in the US without sponsorship or restriction now or in the future

Base salary range for this role: Pay Range Minimum: 181500 Pay Range Maximum: 246800

The firm is committed to the concept and practice of equal employment opportunity and will not discriminate against any employee or applicant on the basis of race, color, religion, age, sex, national origin, sexual orientation, gender identity, disability, or veteran status. It is expected that all employees will follow a similar policy toward their co-workers.

Since our founding in 1973, we have been a market leader in building diversified investment portfolios. With 13 offices around the globe and a world-class network of managers, we offer the scale, resources, and networks of a global firm, coupled with the trust, independence, and personal attention of a boutique firm.

Wherever you are in your career journey, we offer a wide range of opportunities and a truly collaborative, diverse environment. Our work helps our clients do good in the world, and we embrace the opportunity to contribute to their positive impact.