Senior Associate, Portfolio Implementation Management

Cambridge Associates•Boston, MA

1d•$81,200 - $105,600

About The Position

Cambridge Associates seeks a Senior Associate to join its Portfolio Implementation Management Team within Global Portfolio Services. The team provides advanced operational support to clients and investment teams, develops an understanding of their operational and service needs, and serves as a central point of contact. It also minimizes investment teams’ involvement in transaction implementation, tracking, and reporting so they can focus on investment decisions. Senior Associates work across multiple clients of varying size and complexity as part of full-service investment teams. They oversee implementation and execution of investment decisions, drawing on knowledge of institutional portfolio investments, experience managing internal and external stakeholders, and strong organizational skills. They work with investment teams to apply best practices in portfolio implementation and execution. The role coordinates portfolio operations and inquiries for clients and investment teams. It supports portfolio implementation across the investment life cycle, portfolio monitoring and reporting, client team management, and operational projects. The position has a base salary range of $81,200 to $105,600 and is eligible for an annual performance-based bonus and a comprehensive benefits package. Salary placement depends on skills, experience, qualifications, and internal equity.

Requirements

Bachelor of Science or Bachelor of Arts degree.
5–7 years of experience in the financial services industry.
Accountability, excellent attention to detail, intellectual curiosity, and excellent oral and written communication skills.
Strong problem-solving, analytical, and organizational skills.
Ability to focus on one task or manage several projects simultaneously, independently and collaboratively.
Demonstrated project management and prioritization skills.
Strong interest in and general knowledge of investments, industry terminology, and broad financial concepts.
Proficiency with Microsoft Excel and familiarity with other Microsoft Office software.
Ability to deliver work on time with high accuracy and quality.

Nice To Haves

Experience in portfolio-related operations.
Knowledge of alternative investments, particularly private equity and hedge funds.

Responsibilities

Act as a central operational point of contact for investment teams and clients.
Provide operational resources to investment teams and additional support for investment and client relationship management activities as needed.
Serve as a main point of contact for clients and external stakeholders on operational matters.
Participate in new business onboarding by guiding clients through requirements and facilitating internal review.
Contribute to portfolio implementation best practices, process and platform changes, and the development and implementation of new initiatives.
Manage the full investment implementation life cycle, from trade planning through execution for each client portfolio.
Maintain portfolio monitoring and projections spreadsheets by updating portfolio positioning and future investment decisions in coordination with Portfolio Directors.
Incorporate allocation targets and tactical tilts into rebalancing proposals, asset-class sizing, and trade recommendations.
Manage investment timing and portfolio and client guideline considerations to create and execute trade plans.
Coordinate with client contacts, internal business areas, and third-party managers to support communication and implementation of investment decisions.
Develop and maintain custom portfolio structure exhibits for investment teams and clients.
Implement investment strategies and products, including ETFs, mutual funds, futures, hedge funds, private equity, and other illiquid diversifiers.
Liaise with service providers to support proper transaction execution and maintain exposures aligned with target allocations.
Monitor portfolio liquidity and cash balances, accounting for spending and unfunded private equity and venture capital commitments.
Evaluate and monitor portfolio compliance with client guidelines.
Act as the primary liaison between investment teams and the performance reporting team, communicating changes to portfolio setup or structure.
Develop an understanding of specialized service providers and how they can support portfolio management needs.
Coordinate ad hoc operational projects, provide supplemental portfolio analysis, and gather information to support investment decisions.
Use investment and portfolio management knowledge to help external legal, tax, and audit providers complete portfolio-related work.
Participate in department projects and working groups to improve processes, training, and other operational topics.