Investment Managing Director, Private Client

Cambridge Associates • Boston, MA

9d • $295,000 - $295,000

About The Position

We are seeking to hire an experienced investor at the Managing Director level who will work as part of an investment team to manage private client assets, constructing and managing client portfolios and communicating timely information to clients. Client portfolios range in size from $100 million to several billion dollars. Our investment teams function as the non-discretionary or discretionary investment manager for families in multiple jurisdictions throughout the US. They are guided by these objectives: · Generate top decile/quartile investment performance · Maintain high client satisfaction · Develop the next generation of talent The Managing Director will serve as a senior investment leader on the team, responsible for day-to-day oversight of investment portfolios, team management, and client engagement. Focus areas include leading client relationships (both discretionary and non-discretionary) interacting directly with key decision makers (family members, Board or IC members, Family Office staff and outside advisors), driving investment strategy and asset allocation, investment manager selection and evaluation, risk management, and investment performance monitoring. The Managing Director is also responsible for the management and development of the broader investment team. In addition to their work with existing clients, the Managing Director will partner with Global Client Solutions to pursue new client relationships. Responsibilities regarding new business development include building referral networks through strong work with existing clients and related outside advisors, partnering with business development professionals to qualify prospective clients, and leading pitches in conjunction with other investment team members.

Requirements

• BA/BS required. An MBA or CFA strongly preferred
• Minimum of 20 years of investment experience ideally at an investment firm, a large institutional investor, or family office
• Well-developed network in the family office community
• Exceptional communication and negotiation skills with clients – ability to break down complex concepts, strong presence, careful listening, ability to adapt in the moment to concerns expressed, conviction articulating a path forward
• Deep investment acumen and capital markets experience; skilled at identifying and evaluating managers and building resilient relationships
• Commercially successful in building and retaining books of business
• Boston or New York; Boston preferred

Nice To Haves

• An MBA or CFA strongly preferred
• Boston or New York; Boston preferred

Responsibilities

• Lead investment team in creating and developing diversified portfolios to meet customized client objectives
• Select and evaluate investment managers for all asset classes
• Work with and present directly to clients; develop robust relationships with sophisticated clients, GPs, and centers of influence
• Develop and implement investment objectives, policies, and asset allocations for complex portfolios and trust structures
• Represent Cambridge Associates externally through marketing presentations, conferences and other business development opportunities
• Provide mentorship and leadership of the investment team, fostering a culture of excellence, innovation, and continuous improvement

Benefits

• In addition to the listed salary range, this position is eligible for an annual performance-based bonus and a comprehensive, competitive benefits package.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 1,001-5,000 employees