Vice President of Asset Allocation

Vice President of Asset Allocation

Core Responsibilities:

• Develop and oversee strategic and tactical asset-allocation strategies across portfolios and client mandates
• Translate investment objectives, liabilities, risk tolerance, liquidity needs, and return targets into portfolio allocations
• Lead portfolio construction, rebalancing, implementation planning, and investment-program execution
• Analyze macroeconomic conditions, market trends, asset-class valuations, correlations, liquidity, and risk premiums
• Recommend allocations across equities, fixed income, cash, real assets, private markets, and alternative investments
• Conduct scenario analysis, stress testing, sensitivity analysis, and portfolio risk assessments
• Monitor portfolio exposures, concentration, tracking error, volatility, drawdowns, and compliance with investment guidelines
• Develop asset-allocation models, capital-market assumptions, optimization tools, and investment research
• Partner with Portfolio Management, Research, Risk, Trading, Investment Operations, Product, and Client teams
• Provide asset-allocation recommendations for institutional, wealth management, family office, insurance, and other client portfolios
• Oversee model portfolios, target allocations, manager selection, and portfolio transition activities
• Communicate market views, portfolio positioning, allocation decisions, and performance drivers to investment committees, clients, and senior leadership
• Lead asset allocation research on private markets integration, whole-portfolio context, and risk/return expectations
• Represent firm at industry events, client roadshows, and media engagements

Typical Profile:

• 18+ years in asset allocation, portfolio management, investment strategy, multi-asset investing, risk management, or investment research
• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or related discipline; MBA, CFA, or advanced quantitative degree preferred
• Proven experience developing multi-asset allocation frameworks and managing institutional or wealth portfolios
• Strong knowledge of capital-market assumptions, portfolio construction, optimization, risk modeling, manager selection, and performance attribution
• Deep understanding of macroeconomics, market cycles, liquidity, correlations, valuation, and investment risk
• Expertise in derivatives, hedging strategies, and risk-adjusted return optimization
• Experience with private markets, alternatives, real assets, and multi-asset class portfolios
• Proficiency in quantitative tools, portfolio analytics platforms, and risk management systems
• Excellent analytical, communication, presentation, and stakeholder-management skills
• Executive presence with strategic thinking, sound judgment, and client-focused mindset

Key Metrics:

• Portfolio return and risk-adjusted performance versus benchmark
• Asset-allocation effectiveness and achievement of investment objectives
• Risk-adjusted returns, volatility, drawdown, tracking error, and downside risk
• Portfolio diversification, concentration, and liquidity profile
• Accuracy and effectiveness of capital-market assumptions and allocation models
• Compliance with investment policies, risk limits, and client mandates
• Rebalancing efficiency and implementation quality
• Performance attribution and accuracy of investment reporting
• Client satisfaction, mandate retention, and portfolio growth
• Team development, retention, and capability building