Director, Portfolio Solutions
Summary The Director, Portfolio Solutions is a critical role supporting Harbor Capital’s custom Portfolio Solutions business. This position is responsible for supporting the development of the models’ platform to best serve clients at scale. The role will be critical in helping Harbor architect processes and infrastructure to develop a scalable investment platform which is suited to best serve clients in the models business. This role is client facing and the candidate will provide guidance to advisors to deliver the best investment outcomes for their clients, giving investment advice, timely investment insights, and help to solve specific issues that advisors are facing in their practice. The individual will work closely with the Head of Custom Solutions, members of the Multi-Asset Solutions Team (MAST), Investment Specialist Team (IST), and Distribution Team, as well as other stakeholders. Key responsibilities include conducting in-depth analysis of advisors’ current portfolios, creating proposed portfolio solutions, and communicating the value of the Harbor investment offering with clients. Key Responsibilities • Create Scalable Models Platform: Collaborate with internal stakeholders to create a model platform where we can deliver our investment capabilities at scale. Prior experience within a models platform helpful • Client (Advisor) Interaction: Engage with advisors to understand their portfolio solution needs and preferences. Provide tailored insights and create presentations/proposals with custom solutions to meet client needs. • Portfolio Construction: Work with the Multi-Asset Solutions Team and head of Portfolio Solutions to create custom portfolio solutions. • Portfolio Analysis: Conduct thorough analysis of advisors’ current models, portfolio performance, risk metrics, and investment strategies. Provide actionable insights for creating custom portfolio solutions, including recommendations for replacement of underlying funds. • Monitoring of Underlying Investments: Monitor underlying investments of custom models, assess portfolio risk exposures, and recommend replacements as necessary in compliance with internal policies and guidelines. • Strategic Support: Assist in the execution and implementation of Harbor standard models. Collaborate with the Multi-Asset Solutions Team to align models with advisors’ current portfolios and identify new opportunities. • Client (Advisor) Interaction: Engage with advisors to understand their portfolio solution needs and preferences. Provide tailored insights and create presentations/proposals with custom solutions to meet client needs. • Market Research: Say abreast of industry trends in model portfolios, competitor strategies, and latest developments. Translate research findings into strategic inputs for portfolio decision-making. Key Behavioral Expectations • Drives for Results (Impact) • Strives for Excellence (Impact) • Attention to Detail (Impact) • Creates Culture of Collaboration (Impact) • Communication & Engagement (People) • Courageous & Resilient (People) • Agility & Adaptability (Organization) Minimum Qualifications • Experience: Must have experience working within a models’ platform. Minimum of 10 years of experience in portfolio analysis, investment management, or a related field. Demonstrated expertise in portfolio construction, research, and analysis of funds. • Education: Bachelor’s degree in Finance, Economics, Business, or a related field. Advanced degree (MBA) or professional designation (CFA) strongly preferred. Knowledge, Skills & Abilities Required • Technical Skills: Proficiency in analytical tools and data management systems. Familiarity with Bloomberg, Factset, statistical software, and portfolio management technologies. Proficiency in coding languages e.g. Python, R, preferred. • Analytical Skills: Advanced understanding of investments, portfolios, and funds, including portfolio characteristics, style analysis, performance measurement, Modern Portfolio Theory (MPT) statistics, business cycle regimes, tactical portfolio management, volatility targeting, optimization techniques, efficient frontier analysis, and Monte Carlo simulation. • Advanced Excel and PowerPoint Skills: Proficiency in Microsoft Excel, including Analysis ToolPak, Data Analysis, Solver, and PowerPoint is REQUIRED. • Communication: Strong verbal and written communication skills with the ability to articulate complex concepts clearly and effectively to diverse audiences. • Analytical Thinking: Exceptional analytical and problem-solving abilities. Capacity to synthesize large volumes of data into coherent insights and actionable strategies. • Team Collaboration: Proven ability to work collaboratively in a team environment and manage cross-functional projects and initiatives. • Client Focus: Strong client orientation with a commitment to delivering high-quality solutions and building lasting professional relationships. • Adaptability: Demonstrated ability tow ork with multiple priorities and meet concurrent deadlines. Self-directed with the capability to work independently without rigid guidelines, handle stress effectively, and meet tight deadlines.