Director of Portfolio Management
About the role
Ethic delivers customized, tax-smart and values-aligned investing for advisors and institutions. We provide the intelligent infrastructure and institutional expertise required to manage customized portfolios with precision and scale. Our vision is a future where everyone can invest with intention. Today, we manage over $10 billion in assets and serve over 350 firms. We're backed by investors including Oak HC/FT, Nyca, Fidelity, UBS, State Street, and Kapor Capital. We are an SEC Registered Investment Adviser based in New York City. We are a purpose-driven team that brings deep expertise in institutional investing, technology, and design.
As a Director of Portfolio Management, you’ll drive strategic growth of the Investments team by leading key initiatives and shaping investment direction. You’ll be a key member on an investment team dedicated to achieving world-class standards.
Responsibilities
- Lead and oversee portfolio management and operations across long-only, long-short equity, and multi-factor strategies
- Play a central role onboarding and managing systematic long short equity portfolios
- Support the design and implementation of UMH tax strategy
- Collaborate with Investment Strategy and Research to evaluate risk exposures, factor performance, and turnover
- Partner with Investment Operations to solve complex custodian integrations and regulatory requirements
- Lead cross-functional projects to elevate client engagement and build scalable, repeatable operational frameworks
- Proactively identify and highlight emerging risks
- Maintain strict adherence to trading and control standards, promptly escalating issues and leading root-cause analyses to drive timely remediation, client resolution, and stronger controls
- Drive multiple strategic cross-functional projects by researching the market and competitive landscape to deliver world-class products and services
- Show up for your teammates and contribute to a culture where everyone is empowered to do their best work
- Obtain and pass the Series 65 examination within the first 90 days of employment, unless the license is already held prior to start date
Requirements
- 10+ years of experience in portfolio management, investments, or a related field
- 4+ years of experience specifically in quantitative portfolio management or research, with direct experience in tax aware long-short equity multi-factor strategies (required)
- Oversee operational excellence across complex custodian integrations and regulatory requirements
- Proactive oversight of portfolio and strategy level performance and attribution
- Translate investment research and insights into actionable, systematic investment processes
- Cultivate and mentor investment talent, fostering a culture of accountability, collaboration, and continuous improvement across the investment team
- Clear, confident communication skills across multiple mediums
- A collaborative team player who can juggle priorities and stay composed under pressure
- The ability to thrive in a fast-paced environment, adapting quickly to shifting priorities without losing sight of the details that matter
- Identify with company principles: In Service of others (clients, colleagues, company, world); strive to be World Class; problem solver with bias towards action and desire to win as a team; clear and concise communicator; operate with high integrity; take long-term view towards strong team culture of feedback; passionate about positively impacting the future of our planet and humanity
Pay
Base salary range: $240,000–$260,000 per year, commensurate with experience. Compensation includes equity (stock options) in the company.
Benefits
- Medical, dental & vision insurance – premiums 100% covered by Ethic (includes dependents)
- 401k with sustainable investment options and a 3.5% employer match
- Unlimited paid time off
- 16 weeks of paid parental leave
- Annual $600 wellness & education stipend
- Annual $1,000 professional development reimbursement
- Sponsored employee resource groups
- Regular lunch & learns and volunteering opportunities
- Fully-stocked office in lower Manhattan + flexibility to regularly work remotely
Schedule
Location: New York, NY (in-office at least 3 days a week)