Director of Investments & Equity Management

Cerity Partners Norfolk wealth management practice oversees approximately $4 billion in client assets and were looking for a Director of Investments& Equity Management to lead the Norfolk practices investment function that sits at the heart of it. This is a highly visible senior leadership role for an experienced equity portfolio manager who wants to run their own quantitative model build and mentor a talented investment team and be the trusted voice on strategy for advisors colleagues and clients across the practice.

Why This Role

• Lead investment strategy for a $4 billion practice with direct ownership of a quantitative equity model and the team that runs it.
• Serve as the primary link between the Norfolk practice and the firms Investment Committee with a seat at the table on firmwide strategy.
• Build meaningful direct relationships with senior investment professionals advisors colleagues and clients shaping how investment strategy is understood and acted on across the practice.

As Director of Investments & Equity Management youll direct the investment management function for the Norfolk practices approximately $4 billion in assets under management. Youll lead the practices investment team maintain active management of a quantitative equity model with a fundamental overlay and oversee its implementation across several thousand client accounts including custom adjustments and tax-sensitive considerations. Youll also serve as the primary point of coordination between the Norfolk practice and the firms Investment Committee and communicate investment strategy and portfolio positioning across a broad range of constituents including senior investment professionals within the firm the advisor community colleagues within the practice and clients.

Primary Responsibilities

• Oversee and direct all investment management processes for the Norfolk practices approximately $4 billion in assets under management.
• Manage develop and mentor the practices investment team.
• Coordinate and align the practices investment strategies with the firms Investment Committee.
• Maintain active management and ongoing refinement of a quantitative equity model with a fundamental overlay.
• Direct implementation of the equity model across several thousand client accounts.
• Evaluate and apply custom adjustments to model implementation to address client-specific circumstances and objectives.
• Apply tax-sensitive judgment to model implementation including consideration of cost basis tax-loss harvesting and account-specific constraints.
• Communicate investment strategy positioning and performance to senior investment professionals within the firm.
• Partner with the advisor community across the firm to translate investment strategy into client-facing guidance.
• Present investment updates strategy and portfolio positioning to colleagues within the practice.
• Engage directly with clients to communicate investment strategy performance and portfolio changes.
• Monitor markets model performance and portfolio risk on an ongoing basis.
• Assist with various other projects as needed.
• Follow firm policies and procedures including all compliance policies as outlined by the company.

Qualifications

• A minimum of seven years of experience managing equity portfolios with experience running quantitative equity models with a fundamental overlay.
• Experience implementing investment strategies across a large book of client accounts with the ability to apply custom client-specific adjustments.
• A strong understanding of tax-sensitive portfolio management including cost basis and tax-loss harvesting considerations.
• Experience managing or mentoring an investment team.
• A demonstrated ability to coordinate investment strategy with an investment committee or similar governing body.
• Bachelors degree in finance economics business or a related field; CFA designation required. Advanced degree preferred.
• Excellent communication and presentation skills across varied constituents including senior investment professionals advisors colleagues and clients.
• Strong analytical quantitative and problem-solving skills.
• Advanced knowledge of Excel and PowerPoint.
• Meets the attributes and expectations of a Senior Principal as defined in the CP Colleague Titles & Expectations framework.

Physical Requirements:

• Prolonged periods sitting at a desk and working on a computer
• Must be able to lift up to 15 pounds at times.
  

Compensation Range:

• $250000 - $300000 - Commensurate with experience
• Potential for annual performance-based incentive equity grant awards.
  

Why Cerity Partners:

Our people drive our success by working together to deliver exceptional service to our clients. Below is a glimpse of the key elements of our total rewards package:

• Health dental and vision insurance day 1!
• 401(k) savings and investment plan options with 4% match
• Flexible PTO policy
• Parental Leave
• Financial assistance for advanced education and professional designations
• Opportunity to give back time to local communities
• Commuter benefits

Cerity Partners is committed to providing an environment where all individuals can be their authentic selves. We are an Equal Opportunity Employer who respects each individual and supports the diverse cultures perspectives and experiences of our colleagues. We are dedicated to building an inclusive and diverse workforce and will not discriminate based on race religion national origin sex sexual orientation age veteran status disability status or any other applicable characteristics protected by law.

Cerity Partners is committed to working with and providing accommodations to applicants with disabilities or special needs. For those needing accommodations please reach out to Applicants must be authorized to work for any employer in the U.S.