Managing Director, Head of External Management & Strategic Solutions

TruStage
Madison, WI
Category Operations
Job Description
Role Overview

The Managing Director will lead TruStage Investment Management's external management program and a portfolio of strategic initiatives to expand the investment capabilities of the general account. The role will build, scale, and expand the external management platform, growing externally managed assets and establishing external management as a key lever for portfolio growth, diversification, and net investment income.

What You Will Do

The Managing Director will build and lead the external management and sub-advisory program, drive partner decisions and new asset class entry, lead strategic partnerships and CIO strategic initiatives, and lead the assigned team.

Why It Might Be a Fit

The ideal candidate will have a graduate degree in business, finance, economics, or a related field, 15+ years of progressively responsible investment experience, and a proven track record of building or scaling an external management or sub-advisory program.

Requirements

  • Graduate Degree in Business, Finance, Economics or a related field
  • 15+ years progressively responsible investment experience, including portfolio management across multiple asset classes
  • CFA strongly preferred
  • Demonstrated success building or significantly scaling an external management or sub-advisory program
  • Proven track record selecting, negotiating with and overseeing external managers or sub-advisors
  • Experience designing governance frameworks, policies and manager selection and monitoring processes
  • An entrepreneurial, builder mindset, with a track record of launching and growing new capabilities
  • Experience managing constrained institutional or insurance general account portfolios
  • Solid understanding of insurance investment considerations
  • Proven ability to select, lead, motivate, develop and retain a group of highly motivated professionals
  • Proven ability to build effective relationships at all levels
  • Ability to clearly communicate in a range of methods
  • Demonstrated knowledge of Bloomberg and other investment management systems
  • Ability to travel 25% – 40%

Benefits

  • Medical
  • Dental
  • Vision
  • Employee Assistance Program
  • Life Insurance
  • Disability Plans
  • Parental Leave
  • Paid Time Off
  • 401k
  • Tuition Reimbursement
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