Principal, Client CIO

Partners Capital•New York, NY

2d•$150,000 - $210,000•Onsite

About The Position

The Investment Principal on the Client CIO team located in New York will oversee multi-asset class client portfolios. As a growing firm, we seek new team members who are dynamic and comfortable working in a fast-paced and collaborative environment. Client Portfolio Management (Primary Focus): The Investment Principal will serve as the Chief Investment Officer (CIO) for their clients, with end-to-end management responsibility for the investment process of client portfolios. Key responsibilities include: Investment Strategy Development & Bespoke Portfolio Management: Leveraging insights from the Firm’s Central Research Team and Asset Class teams to design multi-asset class portfolio for clients, subject to client-specific constraints including (but not limited to) risk budget, liquidity and spending needs. Client-Facing Responsibilities: Investment Principals are key day-to-day contacts for clients, across regular portfolio review meetings and ongoing portfolio dialogue. Maintaining open dialogue with clients and responding to ad-hoc requests related to, for example: external investment opportunities, charitable giving and/or estate planning. Meeting Preparation: Directing the agenda and supporting materials for client update meetings across portfolio, performance and market / macroeconomic topics. Leading meeting discussions and responding to client questions regarding investment strategy. Team Leadership & Development: Managing, developing and mentoring junior team members who will support the Investment Principal in their range of responsibilities. Other (Secondary Focus): As with all other members of the Firm, the Investment Principal will take on other activities and projects that contribute to the success of the business. Key responsibilities may be assessed and are subject to change from time to time based on the needs of the business. The individual may be required to work overtime as needed. Additional responsibilities include: Responsible for ensuring all information security processes, policies and procedures are adhered to and any issues or concerns are raised with the Cyber Security team. Ensure full compliance with all local data protection regulations and privacy controls, and any related issues are raised via the appropriate channels.

Requirements

Deep understanding and active passion for investing and markets
10+ years’ experience in a professional services role (e.g., management consulting, investment banking, or asset management)
Undergraduate degree with a strong track record of academic achievement
Proficiency in Microsoft Office (Excel, PowerPoint, Word, Outlook)
Strong quantitative skills and detail-orientation
Excellent problem-solving and interpersonal skills
Ability to thrive in a collaborative working environment
High intellectual curiosity and willingness to contribute to the overall success of the business
Experience mentoring, training and leading junior team members

Nice To Haves

Experience in a related field (e.g., endowment / family office portfolio management, investment consultancy)
Advanced degree (e.g., MBA) or professional certification (e.g., CFA, CAIA)

Responsibilities

Serve as the Chief Investment Officer (CIO) for clients with end-to-end management responsibility for the investment process of client portfolios.
Develop and design multi-asset class portfolios for clients, considering client-specific constraints like risk budget, liquidity, and spending needs, leveraging insights from the Firm’s Central Research Team and Asset Class teams.
Act as a key day-to-day contact for clients, conducting regular portfolio review meetings and ongoing portfolio dialogue.
Maintain open dialogue with clients and respond to ad-hoc requests related to external investment opportunities, charitable giving, and estate planning.
Direct the agenda and prepare supporting materials for client update meetings covering portfolio, performance, and market/macroeconomic topics.
Lead client meeting discussions and address client questions regarding investment strategy.
Manage, develop, and mentor junior team members who will support the Investment Principal.
Undertake other activities and projects that contribute to the success of the business.
Ensure adherence to all information security processes, policies, and procedures, and raise any issues or concerns with the Cyber Security team.
Ensure full compliance with all local data protection regulations and privacy controls, and raise any related issues via the appropriate channels.

Benefits

Professional development and career progression opportunities
Competitive compensation
Exceptional benefits
Flexible “results-focused” working model
Medical insurance
Dental insurance
Vision insurance
Short-term disability insurance
Long-term disability insurance
Life insurance
Flexible spending accounts
Commuter benefits
Paid time off
401(k) plan with employer matching
Support for global philanthropy via a charity program and volunteer day
Wellness and social events
Support for the pursuit of professional certifications such as the Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), etc.