Director - Asset Allocation, Portfolio Construction

Responsibilities

• Monitor markets, conduct research to help generate views on positioning, active risks and relative value across major asset classes and sub-asset classes.
• Analyze portfolio structure, including exposures, risk allocation, diversification, liquidity, performance drivers, and evaluate the impact of potential allocation changes and portfolio tilts on overall portfolio outcomes.
• Build and maintain cross-asset and relative value models to inform near-term portfolio positioning.
• Develop and maintain capital market assumptions and assist with quantitative portfolio construction, optimization and scenario analysis.
• Evaluate new asset classes, investment strategies, implementation vehicles, and research topics that support asset allocation objectives.
• Monitor active risk and asset allocation exposure across entities; identify deviations and recommend adjustments where appropriate.
• Partner with investment, operations, and accounting teams on cash/liquidity management, portfolio implementation, and trade support across entities.
• Prepare portfolio reviews, market updates, investment reports, and ad-hoc analyses for the investment team and senior stakeholders.

Qualifications

• 7 to 10 years of dynamic financial markets experience in a trading, portfolio management, markets research, or risk management role.
• Experience investing across asset classes, with evaluating investments and market opportunities, portfolio-level implications, and strategic or tactical allocation frameworks in a multi-asset portfolio.
• Highly Preferred: Experience with derivatives.
• Solid analytical and quantitative skills.
• Experience with Bloomberg and/or FactSet.
• Ability to communicate complex analysis clearly and concisely to investment colleagues and senior stakeholders.
• High attention to detail, strong work ethic, and intellectual curiosity.
• Collaborative mindset with the ability to work effectively across teams and functions.
• Highly Preferred: Programming experience preferred, particularly in Python.

Benefits

• The final salary offer will vary based on individual education, skills, and experience.
• The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
• FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.