Firm Overview:
Cambridge Associates (“CA”) is a leading global investment firm. CA’s goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate outperformance so that they can maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting.
Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania. Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world. For more information, please visit www.cambridgeassociates.com.
Position Summary:
The Associate Investment Director position is the first step on the Investment Director path. Associate Investment Directors work with colleagues to help clients meet or exceed their investment objectives. This typically includes developing appropriate financial and investment goals, asset allocation policies, and investment manager structures. Associate Investment Directors also conduct due diligence on investment opportunities, select or recommend appropriate managers for investments, and evaluate performance of individual managers and total portfolios. They typically interact directly with the investment committee of Boards of Trustees, Investment Committees, or Chief Investment Officers of institutions.
Key Responsibilities:
Investment Knowledge & Application
·Participate in creation and development of diversified portfolios to enable increased returns and lower volatility consistent with time horizon, risk tolerance, and income needs of client
·Demonstrate foundational knowledge of core investment concepts, principles and asset classes as well as knowledge of managers within client portfolios
·Beginning to build a personal investment philosophy and test ideas/learning with investment teams
·Advanced knowledge of private investment (PI) concepts and associated internal tools
Analytical Skills & Storyboarding
·Develop and oversee or complete analyses to inform decision making by the internal team and client
·Partner with Investment Directors to determine topics to be addressed providing input on the agenda and overseeing the development of materials to support those topics
·Partner with Investment Directors in creation of initial and ongoing PI manager due diligence and evaluation
·Knowledge of quantitative models and resources, and communicates analytical problems and solutions effectively
Teamwork, Collaboration, and Management
·Provide support to PI specialists who lead large and complex client relationships
·Effectively manage workflow of internal client teams, collaborating with Investment Directors, delegating appropriately to Associates and Analysts, and ensuring high quality deliverables and clear communication between all members of client teams
·Develop and manage timelines for Associate and Analyst team members
·Oversee operational aspects of client relationships by collaborating with respective onboarding specialists, portfolio coordinators and/or client operations members
·Show a commitment to others’ professional development, providing support, mentorship, and feedback to Analysts and Associates on investment team
·Willingness and capability to train and equip Associates in the tools and aspects of PI in order that knowledge is sufficiently transferred over time
Communication and Client Relationship Skills
·Work directly with the investment committees, trustee boards or the Chief Investment Officers of our clients
·Work directly with PI managers across all sub-sectors and geographies
·Field operational and execution-oriented questions
·Independently interact and present recommendations and establish rapport with clients
·Exhibit proficiency in verbal and written communication skills, reflected in client materials, manager due diligence, memos, and in email exchanges with clients
·Participate in business development preparation and pitches as part of intact team
Qualifications:
·Bachelor’s in finance or related field
·3+ years of expereince in investment management
·Excellent communication and collaboration skills.
·Attention to detail and a commitment to producing high-quality work.
·Ability to manage multiple projects and meet deadlines.
·Strong analytical and problem-solving skills.
The base salary range for this role is $132,000 to $148,500. In addition to the listed salary range, this position is eligible for an annual performance-based bonus and a comprehensive, competitive benefits package. Actual placement within the stated salary range will be determined based on factors such as skills, experience, and qualifications, as well as internal equity.
The firm is committed to the concept and practice of equal employment opportunity and will not discriminate against any employee or applicant on the basis of race, color, religion, age, sex, national origin, sexual orientation, gender identity, disability, or veteran status. It is expected that all employees will follow a similar policy toward their co-workers.
