Business Unit:
Investment Division
Salary Range:
$120,000 USD - $140,000 USD
Specific compensation will be based on candidate’s experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.
Job Description:
We have two openings on ourinvestment division teamto work within either equity or overlay services as a Portfolio Manager. Joining one of these teams means you will be a part of a passionate and supportive team that believes what we do matters to our clients and investors.
PM, Equities:Specializes in delivering customized equity portfolio solutions tailored to meet each client’s unique investment objectives, risk tolerance, and preferences. By combining fundamental research, quantitative insights, and disciplined portfolio construction, the team aims to generate long-term value while aligning closely with client mandates (e.g., tax management, factor investing, model implementation, ESG management and other quantitatively driven strategies).
PM, Overlay Services: Experience with derivatives instruments is highly valuable to the Overlay Services team. We encourage candidates with at least five years of experience in this area to apply. In this role, you will be responsible for implementing strategic and tactical overlays. Our team supports clients in managing risk, optimizing asset allocation, and maintaining target exposures across complex multi-asset portfolios. By leveraging derivatives and other instruments, we deliver customized solutions for large institutional investors (e.g., cash equitization, synthetic rebalancing, portable alpha, downside protection, liability hedging).
As a Portfolio Manager (PM), you will be responsible for managing a set of investment portfolios and assisting the broader team with all aspects of portfolio management, portfolio implementation, portfolio analysis, client development, and support. You will also be directly responsible for managing investment portfolios and may provide support to other Portfolio Managers within the team.
At Russell Investments weutilize a range of investment solutions that span the entire investment ecosystem delivering holistic investment solutions that align with client goals and market realities.
Your Core Responsibilities:
Design, implement, and manage portfolios that incorporate a broad mix of asset classes (e.g., equities, fixed income, private markets, real assets, hedge funds, derivatives, and/or cash).
Working closely with clients and internal resources (including derivatives trading group, FX team, quantitative research team, and transition managers) to design and recommend strategies for hedging various unintended exposures including the use of exchange traded and OTC instruments.
Product and Process Expert
Leading projects to investigate and test new ideas. This may include identifying innovative solutions, working with internal and external resources to evaluate these ideas, and drafting position papers and presentations to document findings.
4-6 years of experience with institutional investing, asset management, trading, and the portfolio management process.
Understanding of the investment landscape, including asset allocation, risk management, and the interaction between public and private markets.
Proven track record of strong diagnostic, analytical, and problem-solving skills. Investment decision making skills; financial analysis, strategic and theoretical skills.
Excellent interpersonal skills, and the ability to thrive in a collaborative, fast-paced, unstructured work environment.
This role is not eligible for employment-based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.
Equal Employment Opportunity
Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status , or any other characteristic protected by law.
