ISG Portfolio Manager, Assistant Vice President - Investment Management

Overview

State Street Investment Management, one of the industry's largest institutional asset managers, is the investment management arm of State Street Bank and Trust Company, a wholly owned subsidiary of State Street Corporation, a leading provider of financial services to institutional investors. The Investment Solutions Group (ISG) is a premier provider of multi‑asset solutions, combining deep expertise in asset allocation, risk management, and investment advice to help clients pursue their evolving objectives with confidence.

This Boston‑based role offers the opportunity to help shape and manage multi‑asset portfolios within the Investment Solutions Group (ISG). The Portfolio Manager will work across strategic and tactical asset allocation, helping design and manage portfolios that align with long‑term investment objectives from a total portfolio perspective. This position requires the ability to oversee complex portfolios—including custom balanced strategies, model portfolios, and registered funds—while contributing actively to tactical asset allocation discussions, portfolio reviews, and business development efforts.

We are looking for a thoughtful and driven investment professional with direct portfolio management experience, a strong curiosity about capital markets, and the ability to communicate ideas clearly with clients and colleagues. Experience in strategic and tactical asset allocation, and client engagement would be valuable differentiators. Programming skills, familiarity with optimization and risk models, and working knowledge of AI tools and emerging AI applications in investment management are also highly desirable.

Success in this role will come from strong collaboration, sound judgment, intellectual curiosity, and the ability to take initiative in a dynamic team environment.

• Manage day‑to‑day portfolio activity, including cash flow investing, rebalancing, and exposure management across multiple portfolios
• Contribute tactical views and implementation ideas across a broad range of asset classes and securities
• Support existing client relationships, communicate portfolio insights, and help drive new business opportunities
• Support senior portfolio managers and collaborate across teams on various projects and initiatives
• Help strengthen and evolve tactical investment strategies, processes, and portfolio implementation approaches
• Drive AI integration efforts to improve efficiency and outcomes for clients

• Strong interest in capital markets, portfolio management, and strategic and tactical asset allocation
• CFA, MBA, or progress toward either designation is a plus
• Approximately five or more years of relevant investment experience
• Quantitative modeling and programming skills, with an interest in applying technology to investment decision‑making
• Working knowledge of AI tools and emerging AI applications relevant to investment research, portfolio management, or client solutions
• Familiarity with optimization tools and financial software such as Fact Set, Bloomberg, or Axioma
• Collaborative, self‑directed, and thoughtful approach, with a strong work ethic and the ability to thrive both independently and as part of a team

Salary Range: $90,000 - $157,500 Annual

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long‑term disability, and other optional additional coverages; paid‑time off including vacation, sick leave, short‑term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance‑based awards (excluding certain sales roles subject to sales incentive plans);

and eligibility for certain tax‑advantaged savings plans.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Job : R-792092