Director, Portfolio Construction

Portfolio Construction

This role influences the growth of assets under management and, by developing and executing the investment strategy, plays an integral role in delivering financial well-being to clients. It also defines the client experience, being very impactful for clients as it has primary responsibility for generating investment performance and mitigating risk.

Key Responsibilities and Duties

Generates investment performance in excess of strategies' benchmarks, while meeting objectives of mitigating risk and displaying prudent judgment; contribute to attainment of clients' long-term financial goals.

Anticipates and adapts to changing markets by offering and evolving investment solutions that meet the needs of clients and business partners.

Constructs the framework for development and enhancement of high quality portfolio construction strategies; create the necessary bandwidth to execute goals in a scalable and efficient manner, while adhering to established guidelines.

Plays lead role in creating and launching new products; develop and execute action plans to accomplish projects and facilitate growth.

Partners in development of internal and external communications pertaining to investment strategy, philosophy, and market developments to educate business partners and clients, while helping to enhance TIAA's presence.

Cultivates relationships with business partners by identifying and addressing their needs and emphasizing collaboration to leverage contributions across teams and facilitate positive outcomes for clients.

Maintains responsibility for fiduciary principles relative to portfolio construction and the investment management function; guide risk management considerations and contribute to compliance initiatives.

Educational Requirements

University (Degree) Preferred

Work Experience

5+ Years Required; 7+ Years Preferred

Physical Requirements

Physical Requirements : Sedentary Work

Career Level

9IC

Required

5+yrs Experience building and managing multi-asset class portfolios designed to meet specified objectives in a wealth management environment

Experience selecting active managers across all major asset classes

Experience with finding and capitalizing on sources of excess return : both long-term structural sources and tactical opportunities

Preferred :

Ability (or willingness to quickly learn) to write code (e.g. Python, R, Matlab)

Experience utilizing alternatives in a mass affluent setting (e.g. 40-act vehicles)

Experience with direct indexing, ideally overlaying active / thematic tilts

Experience with one or more risk models (e.g. Bloomberg PORT, Barra)

Ability to collegially debate investment concepts, theory, and application.

Experience creating and managing data that occasionally drives very large trades

Strong Excel skills

Related Skills

Change Management, Client Financial Planning, Client Relationship Management, Communication, Data Analysis, Due Diligence, Executive Presence, Financial Acumen, Investment Reporting Oversight, Portfolio Management, Resourcefulness, Tax

Anticipated Posting End Date :

2025-10-08

Base Pay Range : $140,000 / yr - $200,000 / yr

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).

Company Overview

Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today we're a market-leading retirement company fueled by world-class asset management. But we're not just another legacy financial services firm. We're fighting harder than ever before for our clients and the many Americans who need us.

Our Culture of Impact

At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values : Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways-because when our people succeed, our impact on clients' lives grows stronger.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That's why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.