Investment Performance Manager
Job DescriptionIf you are searching for a Performance Manager for your firm, below is an exhaustive list of line items to include in your search for the right candidate:
Generate, review and verify client performance statements.
Responsible for the quarterly/monthly client statement production process.
Set up new accounts, converted accounts and products changes into appropriate composite.
Establish new composites as necessary.
Generate, review and verify composite returns.
Update and validate composite returns to website.
Oversee process to ensure that benchmark returns, market values and cash flows are properly loaded into the portfolio accounting system.
Responsible for all items relating to composite construction, maintenance, audits and documentation.
Verify accuracy of accounts listed within each composite.
Develop acceptable composite inclusion/exclusion criteria which is aligned to GIPS Standards where possible.
Generate and validate monthly AUM reporting.
Responsible for quarter-end disclosure information as it relates to all investment strategies.
Responsible for updating current documentation regarding Firm's GIPS policies and procedures.
Manages annual GIPS Firm verification and examination by external auditors.
Participate in the monthly GIPS Working Group meetings by writing and presenting materials for discussion, asking thoughtful questions, delivering recommendations and implementing decisions.
Ability to interpret the GIPS standards by drawing on practical experience and provide guidance for composite construction, investment discretion, risk disclosures and benchmark appropriateness; demonstrated knowledge of GIPS-compliant presentations and industry practice.
Create and maintain the GIPS-compliant presentations, including side-by-side composite reviews with Product Management and Sponsored Products, and updates required based on GIPS Working Group decisions.
Develop and maintain expertise around the GIPS standards including guidance statements and Q&A put forth by the CFA Institute as well as industry knowledge from verifiers; evaluate, interpret and implement changes to the standards and make the appropriate recommendations for the Firm’s GIPS policies Develop robust knowledge of products in order to work with Product Management on composite performance, construction, and disclosures and provide guidance on possible solutions within the framework of GIPS.
Analyze and interpret data, i.e. perform “what if” analysis and proof of concept for proposed criteria and new methodologies.
Develop and maintain consistent reporting showing the value of investment product offerings, including performance, risk measures and attribution.
Develop customized ad hoc reports to evaluate performance and risk as requested by senior management and Senior Investment Officers; present and interpret results to senior management as requested.
Develop customized performance and risk measurement reporting based on asset class or investment strategies.
Develop and produce customized analyses and required information to fulfill public records requests.
Conduct research on new investment vehicles or other investment risk related topics as required.
Work closely with key business stakeholders including Managed Solutions and Strategies, Business Management, Investment Risk, Technology, Legal and Compliance.
As a Performance Analyst the incumbent will work closely with Product Management, Marketing and Compliance to oversee all composites in support of the Firm’s marketing efforts.
Ability to balance and prioritize multiple tactical and strategic goals in a fast-paced environment; comfortable with changing priorities based on business demand.
Work on short-term, medium-term and longer-term strategic initiatives that are focused on improving the Firm's processes and controls.
Complete special projects and research on performance and risk measurement topics.
Develop and automate processes to ensure data integrity and synchronization between the PAC performance and risk model and the Inhouse data warehouse.
Evaluate new initiatives and/or investment products to determine impact on performance and risk system data input and reporting.
Coordinate data collection efforts for report development to include internal and external sources.
Excellent written and verbal communication skills, with strong presentation capabilities.
Ability to effectively define, implement and prioritize tasks and demonstrate flexibility necessitated by changing priorities.
Strong work ethic, positive attitude and sense of urgency to meet deadlines and address competing priorities; willingness to work until the task is completed successfully.
Skilled in project management with the ability to manage multiple projects and tasks simultaneously.
Strong results orientation: concern for quality expressed by continually initiating system and process improvements.
Exercise initiative and work independently.
Strong computer literacy (with emphasis on MS Excel, database applications, programming and reporting).
Exercise professional judgement in decision-making, problem solving and conflict resolution.
Strong understanding of calculations required for performance and risk management, analysis and reporting; interest in and understanding of financial markets and investment strategies.
Ability to multi-task and strong attention to detail.
Ability to interact and communicate effectively with front-office and work with tight deadlines in a high pressure environment.
Solid analytical ability to research and analyze data with the ability to look at extensive amounts of data and identify errors.
Knowledge of securities operations, trade processing, mainframe accounting systems and performance systems a plus.
Self-starter who is analytical and creative in their thinking; ability to quickly analyze information and creatively reach solutions and to execute their implementation.
Strategic thinker able to drive multiple initiatives and prior experience driving change.
Effective oral and written communication skills; the ability to deliver complex information objectively for open discussion and follow up with an opinion or recommendation.
Bring a relentless focus on execution and enjoy taking ownership for the delivery of measurable results.
A Bachelor’s Degree is required. Strong academic credentials; CFA, CIPM and/or MBA preferred.
