Portfolio Associate Jobs in Wisconsin (NOW HIRING)

We are seeking a collaborative, innovative, and motivated individual who brings a unique perspective and a strong commitment to learning and contributing. Joining our Overlay Solutions Portfolio Management team means you will be part of a passionate and supportive team that believes what we do matters to our clients.
At Russell Investments, we utilize a range of investment solutions that span the entire investment ecosystem, delivering holistic investment solutions aligned with client goals and market realities. The Overlay Solutions team is responsible for overseeing and implementing investment strategies tailored to large institutional investors, including cash equitization, rebalancing overlays, liquidity management, currency hedging, portable alpha, downside protection, liability hedging, option strategies, and client-directed hedges.
As a Portfolio Manager / Associate Portfolio Manager (PM/APM), you will be responsible for managing a range of investment portfolios and supporting the broader team across portfolio management, implementation, analysis, client engagement, and operational support. This role directly contributes to optimizing asset allocation, managing portfolio risk, and maintaining target exposures across complex multi-asset portfolios through derivatives and other investment instruments. The objective of this role is to improve portfolio implementation efficiency while reducing risk and enhancing returns for clients.

• 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.
• Meet with clients to better understand their challenges and collaborate with internal teams to identify opportunities that improve portfolio outcomes.
• 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.
• Work with technology teams to develop and test tools that improve portfolio monitoring, implementation efficiency, and operational scalability.
• Assist in drafting presentations, position papers, and supporting materials related to portfolio strategy and implementation findings.

• 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 dynamic work environment.
• High tolerance for complexity, change, and ambiguity, with a mindset focused on innovation and continuous improvement.
• Strong quantitative and analytical skills.
• Proficiency with investment and analytics tools such as Bloomberg, Excel, AI-tools, database architecture, and portfolio analytics platforms.

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status, or any other characteristic protected by law.