IRG Client Portfolio Manager

Brown Brothers Harriman•Charlotte, NC

38d•Hybrid

About The Position

The BBH Investment Research Group (IRG) is the centralized investment team within BBH’s Multi-Family Office (MFO) business responsible for asset allocation, portfolio construction, manager selection and monitoring, risk management, and other investment-related decisions for clients. IRG oversees over $56 billion in assets invested in over 25 internal and external investment strategies. The recently launched Client Portfolio Management & Strategy (CPMS) team, part of IRG's dual mission, is responsible for communicating investment thinking to client teams and clients. This Client Portfolio Manager position is a new role reporting to the Head of CPMS. The CPMS team is integrated into the investment team, staying current on investment managers and portfolio strategy. They collaborate with the Investment Research Team (IRG) on investment philosophy, manager selection, and market updates; Relationship Managers to align client portfolios with IRG's thinking and client goals; and the Investment Operations & Analytics Team (IRG) for executing decisions. The Client Portfolio Manager will represent BBH's multi-asset class investment portfolios to clients and prospects, working directly with them to explain BBH's investment strategies and overall portfolio approach. This involves interacting with clients as an IRG investment representative, performing ad hoc investment analyses, and overseeing client asset allocation and portfolio construction with the client's Relationship Manager. Responsibilities include preparing and presenting portfolio proposals and reviews, providing updates on investment manager strategies, contributing to written content, and responding to investment inquiries. The role also involves capturing portfolio insights, conducting research projects, and performing ad hoc analyses, requiring strong synthesis of research findings, investment writing, and presentation skills. Investment collateral may cover macroeconomics, investment themes, portfolio composition, performance, rationale for holdings, and investment decisions. Staying informed about markets and BBH's investment platform managers is crucial. While headquartered in New York City, the CPMS team handles Front Office and client-facing activities across US offices including Boston, Charlotte, Chicago, Houston, Nashville, and Philadelphia. The role is open to candidates in Boston and Philadelphia, with periodic travel to other offices.

Requirements

BA or Equivalent
8+ years of relevant investment-related experience.
Has a blend of both investment acumen and client experience to be a successful Client Portfolio Manager representing our business with our clients.
Demonstrated interest in, along with ability, to represent a multi-asset class portfolio of exceptional investment managers.
Strong conceptual and critical thinking skills.
Excellent interpersonal skills and the ability to build trusted relationships with clients and colleagues .
Outstanding written and verbal communication skills.
Demonstrated ability to work in a collaborative team environment
Strong quantitative and qualitative analysis skills, including data analysis.
Experience managing and/or mentoring colleagues.
Experience with Microsoft Office Products, particularly PowerPoint and Excel, required.

Nice To Haves

advanced degree and/or CFA/CAIA a plus
Knowledge of BBH products, practices and investment philosophy, a plus

Responsibilities

Serve as an IRG investment expert for BBH’s taxable and non-taxable clients, effectively communicating on our investment philosophy and portfolio approach to our clients.
Work with the Investment Team to stay current on portfolios and communicate with clients about various managers and performance.
Participate in client meetings and document key takeaways; ensure deliverables are met on a timely basis.
Work with the Investment Team, CPMS, and Relationship Managers to provide analytics on client portfolios that will aid in investment decision making, including private equity modeling, portfolio look-throughs, capital gains and other tax information.
Take the lead on monitoring legacy managers or individual holdings that are in client portfolios, but which are not covered by the Investment Research Team.
Actively engage in IRG investment discussions and decision-making processes.
Support Relationship Managers by providing information related to the investment platform and assisting with data and other information requests.
Create timely client-specific materials, reports, and thought pieces to address client needs.
Draft communications for relationship teams including, but not limited to: 1-pagers that summarize key data for each manager, top 10 investment holdings summaries, and Ad Hoc commentary (think: performance update, moved to watch list, personnel turnover, etc.).
Participate as needed in the process to onboard new client relationships.
Assist with overseeing the management of timely and thoughtful responses to Relationship Management /client enquiries, including the effective organization and streamlining of all responses and FAQs.
Assist with developing a process for CPMS to assist the Relationship Managers in ensuring that client portfolios are managed in accordance with the investment policy statement.
Recommend rebalancing recommendations when markets move portfolios away from targets.
Monitor and analyze portfolio exposure data for client policy portfolios.
Analyze market and macroeconomic developments that may influence portfolio construction or other investment decisions.
Assist in writing market commentary that inspires client confidence that we are monitoring all potential risks.
Stay informed of industry trends, investment manager updates, market and macroeconomic developments that may influence portfolio construction or Front Office/client communication.