1872 Consulting
VP, Investment Portfolio Implementation
1872 Consulting - Chicago, IL, US, 60290
Work at 1872 Consulting
Overview
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Overview
VP, Investment Portfolio Implementation (functionally titled as Manager)
Downtown - Chicago, IL – 4 days onsite per week
Position Summary
The Manager of Investment Portfolio Implementation leads a team that supports Portfolio Managers by executing investment strategies, ensuring compliance, and managing client-specific guidelines. This role acts as a critical liaison between investment teams, trading, and operations to oversee order origination, cash flow management, and portfolio monitoring. The ideal candidate combines hands-on execution with strategic leadership to enhance portfolio workflows and drive operational excellence.
Duties and Responsibilities
Requirements:
Nice to have:
Downtown - Chicago, IL – 4 days onsite per week
Position Summary
The Manager of Investment Portfolio Implementation leads a team that supports Portfolio Managers by executing investment strategies, ensuring compliance, and managing client-specific guidelines. This role acts as a critical liaison between investment teams, trading, and operations to oversee order origination, cash flow management, and portfolio monitoring. The ideal candidate combines hands-on execution with strategic leadership to enhance portfolio workflows and drive operational excellence.
Duties and Responsibilities
- Collaborate with Portfolio Managers and Traders to implement investment strategies across all client and product types, including funds, institutional accounts, and model delivery platforms.
- Lead day-to-day operations of the Institutional Portfolio Implementation team by coaching team members, providing feedback, fostering development, and serving as the escalation point.
- Monitor portfolio dispersion and recommend rebalances or adjustments to Portfolio Managers.
- Conduct pre-trade compliance reviews; ensure portfolio positions adhere to client and regulatory guidelines and coordinate resolution with Compliance and Client Service teams.
- Monitor and manage cash levels across portfolios to meet client directives.
- Perform account onboarding and transition activities; translate client guidelines into Charles River IMS rules; participate in Investment Management Agreement (IMA) reviews.
- Respond to ad hoc requests from Portfolio Managers and provide analytical support to enhance portfolio deliverables.
- Execute trading updates for model delivery clients per trade rotation policies.
- Originate, validate, and understand derivative transactions.
- Coordinate corporate action elections in collaboration with the PM team.
- Facilitate unique portfolio scenarios including in-kind transfers, new account openings/terminations, cross trades, secondary offerings, and private placements.
- Engage in error remediation efforts and recommend control improvements.
- Lead process improvements, automation initiatives, and system enhancements.
- Perform order management workflows and conduct portfolio analysis using the platform.
- Collaborate cross-functionally with IT (Charles River IMS), Traders (ensuring complete info for best execution, and Operations (to confirm cash and position accuracy).
- Provide oversight and guidance on standard workflows; train junior team members and take on advanced and complex trading situations.
- Contribute to new product development and testing initiatives.
- Maintain and enforce controls and procedures for order origination and compliance in line with SOC requirements.
- Lead team meetings on procedural changes, control updates, and project updates.
- Adapt department procedures in response to new products, regulatory changes, and organizational shifts.
Requirements:
- 7+ years of investment management experience.
- Proficiency in Charles River IMS, Blackrock Aladdin or similar investment systems.
- Strong knowledge of investment products and regulatory guidelines.
- Experience with tax trading strategies, guideline management, and error remediation.
- Excellent communication skills and ability to liaison between cross functional teams.
Nice to have:
- Familiarity with Bloomberg, FactSet, and Salesforce.