Quant Portfolio Manager, Brooklyn Direct Indexing

TIAA • New York, NY

28d

About The Position

The Quantitative Portfolio Manager is responsible for overseeing the performance and risk management of Tax-Advantaged Long/Short (L/S) Separately Managed Accounts (SMAs). Core responsibilities include monitoring portfolio performance, diagnosing drivers of returns and drawdowns, and working closely with alpha researchers, traders, and investment engineers to support ongoing improvements to portfolio construction and L/S investment processes. The position requires direct equity L/S experience gained at a hedge fund, asset manager, or sellside quantitative desk, along with strong quantitative skills, portfolio oversight capabilities, and the ability to engage meaningfully in collaborative research. Day-to-day work is hands-on and involves a high degree of individual accountability.

Requirements

• Minimum of 3+ years of experience in quantitative equities
• Direct Long/Short experience at a hedge fund, asset manager, or sellside quant desk

Nice To Haves

• 5+ years of experience in quantitative equities
• Strong understanding of: Equity factor models Portfolio optimization and risk models Performance attribution and signal evaluation
• Strong Python skills; ability to work with large datasets and production research code
• Demonstrated experience managing or overseeing live L/S portfolios

Responsibilities

• Monitor daily P&L across L/S SMAs
• Decompose returns by signal, factor, sector, and idiosyncratic components
• Diagnose drawdowns and performance divergence across accounts
• Run factor and risk decompositions (systematic vs. idiosyncratic)
• Identify unintended exposures and style drift
• Evaluate turnover, capacity, and realized transaction costs
• Work directly with alpha researchers and traders to evaluate live signal performance
• Detect signal decay, instability, and crowding risks
• Provide data-driven insights to improve portfolio construction and implementation efficiency
• Build and refine performance monitoring tools and dashboards
• Improve automation of attribution and reporting
• Strengthen portfolio construction framework for scalability and robustness

Benefits

• The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed