MD / Lead Multi Asset Portfolio Manager -

About the role

With over $800 billion in assets under management, NYLIM is a Pensions & Investments' Top 30 Largest Money Manager and one of the largest global asset managers serving institutional, retail and insurance clients. The Senior Portfolio Manager will provide strategic leadership and oversight of a range of multi-asset portfolios with over $11 billion in AUM.

This is a hybrid role, with 4 days per week in the office. The Job Level is LEVEL MD, and the salary range is $240,000 - $330,000. Overtime is exempt, and discretionary bonus is eligible.

Responsibilities

• Serve as a portfolio manager for more than $11 billion in multi-asset portfolios, directing asset allocation, portfolio positioning, and investment decision-making while looking for opportunities to grow the portfolio.
• Own the asset allocation philosophy and process, bringing a qualitative, macro-aware perspective to complement quantitative investment capabilities.
• Establish clear investment processes and decision-making frameworks that create structure, scalability, and consistency.
• Maintain overall investment accountability, including oversight of portfolio construction standards, risk management, and investment implementation.
• Partner with the MAS Portfolio Managers, institutional distribution and NYLIM portfolio managers to develop and execute a deliberate strategy to expand MAS’s capabilities to serve institutional investors.
• Drive continuous improvement in investment processes, with a focus on scalability, repeatability, and investment excellence.
• Champion the adoption of AI and agentic AI tools across the investment process, including portfolio construction, research synthesis, and operational efficiency.
• Serve as a client-facing representative, presenting investment strategy, portfolio positioning, and performance outcomes.

Qualifications

• 15+ years of investment management experience, with meaningful exposure to multi-asset portfolio management and macro strategy.
• Deep expertise in asset allocation and cross-asset portfolio construction with strong, differentiated views on investment strategy.
• Demonstrated experience managing and developing investment professionals in a senior leadership capacity.
• Commercially minded and relationship-driven; builds trust quickly across diverse stakeholders.
• Polished communicator with the ability to represent investment strategy credibly in client meetings and investment discussions.
• Track record of building or significantly improving investment processes and frameworks.
• Experience working with quantitatively oriented investment teams and bridging quantitative methods with qualitative investment judgment.
• Strong framework orientation with the ability to build repeatable, scalable investment processes.
• Active interest in and commitment to leveraging AI and agentic AI capabilities across portfolio construction, research, and investment workflows.
• Skilled at building trust with internal stakeholders and peer portfolio managers and acting as a connective tissue across the investment organization.

Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs.

Pay

The salary range is $240,000 - $330,000. Overtime is exempt, and discretionary bonus is eligible. Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location.

Schedule

This is a hybrid role, with 4 days per week in the office.