Associate Portfolio Manager, Portfolio Manager

Russell Investments

Portfolio Manager managing institutional investment portfolios at Russell Investments. Collaborating with clients and internal teams to optimize asset allocation and enhance returns.

Posted 6/7/2026full-timeSeattle • New York, Washington • 🇺🇸 United StatesJuniorMid-Level💰 $100,000 - $140,000 per yearWebsite

About the role

Key responsibilities & impact

Design, implement, and manage portfolios incorporating a broad mix of asset classes including equities, fixed income, private markets, real assets, hedge funds, commodities, and cash.
Oversee the ongoing management of portfolios of derivative instruments, including instructing trades and evaluating the effectiveness of investment solutions.
Track cash flows and asset movements associated with client portfolios and implement and/or recommend portfolio changes as needed.
Partner closely with clients and internal resources — including derivatives trading, FX, quantitative research, and transition management teams — to design and implement hedging strategies using exchange-traded and OTC instruments.
Support the onboarding and launch of new clients, including finalizing investment strategies, coordinating contractual requirements, and ensuring portfolio setup accuracy.
Monitor and report portfolio performance relative to benchmarks and client objectives.
Develop strong working relationships with clients and maintain in-depth knowledge of their portfolios, objectives, and evolving needs.
Serve as a trusted resource for clients by helping implement investment ideas efficiently while reducing cost and risk.
Enhance the client experience through clear communication, refreshed reporting, and improved transparency around investment solutions and portfolio activity.
Collaborate with internal stakeholders to evaluate and recommend solutions for atypical or complex portfolio implementation scenarios.
Partner with cross-functional teams to improve coordination and service delivery across the investment platform.
Support the training and mentoring of Portfolio Analysts and junior team members.
Lead or contribute to projects focused on innovation, operational improvements, and new investment ideas.
Assist in drafting presentations, position papers, and supporting materials related to portfolio strategy and implementation findings.

Requirements

What you’ll need

2–6 years of experience in institutional investing, asset management, trading, and/or portfolio management.
Bachelor’s degree in Business, Finance, Economics, or related field (or equivalent experience).
CFA and/or CAIA designation or progress toward designation preferred.
Strong understanding of investment markets, asset allocation, portfolio risk management, and portfolio implementation strategies.
Knowledge of global equity markets, investment vehicles, and derivative instruments across multiple currencies and long/short exposures.
Familiarity with institutional fund structures and reporting requirements for defined benefit plans, endowments, foundations, insurance companies, and sovereign wealth funds.
Strong diagnostic, analytical, and problem-solving skills, including investment decision-making and financial analysis capabilities.
Excellent interpersonal and communication skills with the ability to articulate complex concepts clearly to a diverse audience.
Ability to thrive in a collaborative, fast-paced, and unstructured work environment.
High tolerance for complexity, change, and ambiguity, with a mindset focused on innovation and continuous improvement.

Benefits

Comp & perks

annual performance bonus (subject to eligibility criteria)
participation in competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

portfolio managementasset allocationrisk managementinvestment decision-makingfinancial analysisderivative instrumentshedging strategiescash flow trackingperformance monitoringinvestment solutions

Soft Skills

interpersonal skillscommunication skillsanalytical skillsproblem-solving skillscollaborationinnovation mindsetadaptabilityclient relationship managementmentoringproject leadership

Certifications

CFACAIA