Implementation Portfolio Manager

Business Unit:

Investment Division

Salary Range:

$82,000 USD - $100,000 USD

Specific compensation will be based on candidate’s experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.

Job Description:

We are looking for bright, driven, and thoughtful candidates to join our dynamic portfolio management team and to build a rewarding investment management career!  This position will provide opportunities to work side-by-side with portfolio managers across our global financial services business and to learn from the best. You will learn portfolio management from the ground up and you have a team dedicated to your professional success.

This role offers a unique development opportunity, with on-the-job coaching, cross-functional projects, and CFA sponsorship. 

Daily activities and responsibilities of the role

• Exposure management
  • Accountable for day-to-day implementation of fund portfolio manager decisions and fund activity.
    • Assists in daily management of fund cash flows.
    • Decides on the optimal implementation strategy.
    • Adjusts daily exposures and implements operational policies within parameters set by the Head of Portfolio Implementation.
    • Creates and instructs trades and ensures timely implementation.
• Portfolio Servicing and Analysis
  • Provide liquidity analysis, exposure analysis and implementation recommendations to Russell Portfolio Managers
  • Contributes to overall strategy development and implementation for portfolios to help generate superior investment performance in Russell Investments’ funds and separate accounts.

• Team support
  • Provides support to the Head of Portfolio Implementation as it relates to the improvement of the new and existing operational infrastructure for all asset classes, including portfolio viewing, implementation and analytics.
  • Stays informed of market events and guides portfolio managers in their implementation decisions.
  • Other tasks and duties as assigned.

Desired qualifications and experience

• Bachelor's Degree in any discipline.
• 1-3 years’ related investment experience, or experience in the investment management industry. 
• 1-3 years experience in global financial markets, portfolio management and analytics, and implementation/execution strategies.
• Technical skills, including basic statistics, and Microsoft Excel (strongly preferred).
• Ability to think critically, solve problems and find solutions for an evolving and improving investment process.
• Strong attention to detail and accuracy.
• Effective written and verbal communication skills including the ability to communicate and work with all manner of team members in a conscientious and inclusive way.
• Aptitude to work under your own initiative and adhere to strict deadlines
• Excellent communication and project management skills including the ability to proactively establish and maintain relationships across teams and to escalate potential issues and drive solutions.
• Ability to prioritize work under pressure while considering different projects simultaneously.
• High tolerance for change, complexity, and unpredictability to handle market volatility and corresponding time-sensitive investment processes.
• Positive attitude and desire to be part of a motivated and highly driven investment team.
• Dedication to assist peers and other teams at all levels of the organization, particularly during periods of market volatility and fund activity.

Bonus qualifications and experience

• Advanced degree in a related discipline including, but not limited to Business Management, Economics, Computer Science, Engineering, Accounting, etc.).
• Basic understanding of securities markets, derivatives, and foreign exchange investment strategies.
• Exposure to trading, operational and/or funds environment.
• Knowledge of quantitative investment practices, including portfolio analysis and optimization, is a plus, as is experience with Bloomberg or the ability to use or learn technology systems.
• Basic awareness of database structures and the programming languages used to query them including (ie. SQL, python, r, etc.) or a demonstrated ability to learn such skills are desirable.
• Growth mindset with a tenacity and focus on improving investment performance and outcomes.

Opportunities for growth and development

• The opportunity to be fully supported to earn the CFA designation including benefits to support your endeavor that include time off and financial support.
• Ability to shape an evolving investment process and workflow to potentially include new and emerging technology.
• Cross-functional training and networking opportunities within and beyond Russell Investments.

This role is not eligible for employment-based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.

Equal Employment Opportunity 

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation,  past or present unemployment status , or any other characteristic protected by law.