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Direct Indexing Portfolio Manager

New York, New York

Job Description:

The Tax Advantaged Solutions Portfolio Manager (PM) within GWIM CIO Portfolio Management will be part of a team managing CIO direct indexing portfolios. The PM will be responsible for rebalancing, trading, and monitoring portfolios, as well as working with advisors/clients on the strategy, transition plans and managing the stages of transition associated with portfolios’ positions and guidelines. The PM will also participate in future infrastructure development of CIO direct indexing strategies.  The ideal candidate will have proven quantitative skills, be detail-oriented, and familiar with factor-based equity risk models and tax aware mean-variance optimization. 

Enterprise Role Overview

Manage, recommend, and direct executions of investment programs designed to achieve the objectives of a group of client accounts within established investment policy guidelines. Act independently as well as working with a team.


Key Skill Requirements:

•             Knowledge of modern portfolio theory, equity risk models and mean-variance optimization.

•             Ability to perform quantitative analysis of large amount of data using Excel, Tableau, R, Python or C. 

•             Knowledge of API programing using R or Python a plus.

•             Broad-based knowledge of investments, tax, and operations necessary to service clients.

Required qualifications:

•             5+ years of quantitative portfolio management and trading experience using equity risk models and mean-variance optimization.  Experiences managing direct indexing portfolios a plus.

•             Undergraduate degree in a quantitative discipline.  A graduate degree in a STEM field, or Finance/Economics is preferred.

•             Ability to work independently as well as with a team.


1st shift (United States of America)

Hours Per Week: 


Learn more about this role

Full time


Manages People: No

Travel: Yes, 5% of the time

New York pay and benefits information

New York pay range:

$153,000 - $230,600 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.


This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Street Address

Primary Location:
114 W 47TH ST, NY, New York, 10036