Junior Portfolio Manager/Portfolio Manager

About This Role

This role involves performing highly complex asset management work within the External Investments team, focusing on fundamental investment research and analysis. The position contributes experience across various asset classes, with a strong emphasis on Global Fixed Income and Absolute Return hedge funds, supporting the enhancement of due diligence and portfolio construction efforts.

Responsibilities

• Support the CIO and the Head of Public Fixed Income by routinely monitoring existing strategies and conducting due diligence on prospective investment opportunities
• Demonstrate an ongoing awareness of industry-specific and macroeconomic business cycles and trends
• Contribute to or lead bespoke research projects that support investment management decisions
• Source, screen, evaluate, and perform qualitative and quantitative analysis of asset managers, strategies, and funds for complex investment portfolios
• Prepare comprehensive memos and present recommendations to the Investment Committee on specific strategies or co-investments
• Regularly communicate with investment managers and foster relationships that uphold the Trust Company's brand and reputation
• Maintain and update documentation in internal systems and databases for supporting investment recommendations
• Provide ad hoc written and oral analysis as requested
• Participate in internal team meetings and coordinate ongoing discussions with external consultants regarding markets and strategic investment plans
• Recommend and assist with negotiation of investment management terms and conditions related to investment managers in assigned portfolios
• Serve as primary relationship contact representative to the external managers of assigned portfolios
• Lead portfolio reporting efforts, including preparing periodic portfolio reviews and creating materials for internal team meetings and/or Board presentations
• Conduct ongoing due diligence and provide day-to-day oversight of external investment managers, with specific focus given to organization/team, investment process, portfolio fit, and risk/adjusted performance
• Assist the CIO and the Head of Public Fixed Income in development of opportunistic/tactical or strategic investment themes and other related initiatives
• Prepare reports and analysis needed for recommendation sizing and allocation decisions
• Initiate and coordinate communication between external managers and the custodian, consultants, administrators, service providers, and the Trust Company's internal teams in Legal, Risk, and Accounting
• Attend annual meetings and industry educational conferences
• Read and help distribute macroeconomic, microeconomic, financial, general business, and geopolitical research and analysis
• Participate in internal and/or external training and development opportunities