Modera Wealth Management · 2 days ago
Director of Portfolio Management
Charlotte, NC
Full-time
Hybrid
Mid, Senior Level
$140K/yr - $200K/yr
7+ years expModera Wealth Management is an independent, fee-only firm that makes a lasting positive impact on the lives of our clients through comprehensive financial planning and intelligent investment management. They are seeking a Director of Portfolio Management to create, execute, and drive the vision/strategy of the group while managing the team’s daily operations.
ConsultingFinanceFinancial ServicesInformation TechnologyInsuranceWealth Management
Responsibilities
Manage the daily activities of the Portfolio Management team and ensure there is a proper structure for supporting the firm’s trading and portfolio management goals
Constantly iterate and improve the accuracy, efficiency, and scale of the portfolio management function in the areas of team structure, operating model, enhancements to existing software packages, evaluating new software, etc
As part of the investment team, identify problem areas and recommend appropriate and strategic solutions in the areas of portfolio implementation and maintenance, team structure, cross departmental communication, etc
Coordinate the integration of Investment Committee’s (IC) recommendations into the portfolio management software ensuring alignment with IC guidelines with client specific restrictions and directives as communicated by the client’s advisory team
Ensure implementation of the Investment Committee’s recommendations regarding asset class, market cap, sector, and individual security weightings into Modera’s client management and portfolio management systems
Establish and implement Portfolio Management guidelines and ensure that trade recommendations align with the IC guidelines
Supervise and develop senior portfolio managers and other members of the department; conduct ongoing feedback and periodic performance reviews
Work alongside Operations and Client Service teams to integrate the assets of newly acquired firms into Modera’s reporting and trading software(s)
Work effectively with team members, other firm professionals, and departments (including marketing, client service, administration, compliance, and operations) in successfully advancing the goals and objectives of the firm
Act in alignment with user (advisors, clients, internal MWM staff) needs and system functionality
Improve the frequency and consistency of portfolio rebalancing as part of the United Client Experience
Lead regular team meetings and department-related projects
Provide periodic reports for the ELT and other management committees
Qualification
Required
Bachelor's Degree required
7+ years management experience
Demonstrated experience overseeing a large, national trading platform
Demonstrated experience partnering with and servicing advisors across a firm
Demonstrated experience implementing trading systems and procedures
Demonstrated experience managing high-volume teams
Comfortable speaking up and driving initiatives forward
Interested in making a significant impact
Excels in a fast-paced, high-engagement environment with an extraordinary desire to innovate
Demonstrated leadership skills. Must mentor other team members which includes training, mentorship, feedback on professional development, and supervisory duties
Highly professional team player, able to work well with all levels of the firm, as well as with clients
Highly proficient in portfolio management and trading software, including the Microsoft Office Suite
Excellent written and verbal communication skills
Adaptability and flexibility are required, ability to work under pressure and beyond standard working hours during busy periods to meet tight deadlines
Must be organized, meticulous, dependable, adaptable, detail and service-oriented and able to multitask
Strong sense of professionalism and discretion required
Occasional travel may be required
Benefits
Competitive based salary
Performance based bonus
Safe Harbor 401(k) plan
Medical, Dental, Vision, and more
Generous PTO and leave policies
Opportunities for professional growth and continuing education
Partial remote work
Company
Modera Wealth Management
Modera specializes in providing wealth management and portfolio management services.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$45MKey Investors
Cambridge Savings Bank
2024-02-22Debt Financing· $45M
Leadership Team
Tom Orecchio
Chief Executive Officer
Laurie Vitali
Principal & Chief People Officer/CHRO
Recent News
2025-05-27
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