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Portfolio Construction Jobs (NOW HIRING)

Eastern Bank

Sr. Client Portfolio Manager

Boston, MA · On-site

$140K - $229K/yr

Contributes to research process with regard to asset allocation, portfolio construction, risk management, identifying relative value across sectors/regions and macro research. Responsibilities:

Eastern Bank

Sr. Client Portfolio Manager

Boston, MA

$140K - $229K/yr

Contributes to research process with regard to asset allocation, portfolio construction, risk management, identifying relative value across sectors/regions and macro research. Responsibilities:

BNP Paribas

Portfolio Manager

Stamford, CT · On-site

Portfolio construction, running hypothetical trades and orders in compliance with procedures. * Assist in building model portfolios with the rest of the portfolio management team for new CLOs and ...

Farther

Portfolio Quant Developer

New York, NY · On-site

Support portfolio construction logic and multi-asset allocation workflows * Contribute to execution algorithm development - including market impact measurement and VWAP-style execution analytics The ...

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Portfolio Construction information

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$43.5K

$87.7K

$119.5K

How much do portfolio construction jobs pay per year?

As of Jun 9, 2026, the average yearly pay for portfolio construction in the United States is $87,666.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,000.00 and $100,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Portfolio Construction position, and why are they important?

To thrive in Portfolio Construction, you need strong analytical skills, a solid background in finance or investment management, and proficiency in quantitative modeling. Familiarity with portfolio management software (such as Bloomberg PORT or MSCI Barra), advanced Excel skills, and relevant certifications like the CFA are highly valuable. Attention to detail, effective communication, and strategic thinking are important soft skills in this role. These abilities enable you to design, optimize, and manage diversified portfolios that align with client objectives and regulatory requirements.

What are the typical daily responsibilities of someone working in Portfolio Construction?

Professionals in Portfolio Construction spend their days analyzing financial data, assessing risk-return profiles, and selecting asset allocations to build balanced portfolios for clients or institutions. Tasks include running portfolio optimization models, rebalancing portfolios in response to market changes, and collaborating closely with investment analysts, relationship managers, and risk teams. They also research new investment products and monitor ongoing performance against benchmarks. This role often involves preparing reports and presentations to communicate recommendations to clients or senior management. Being detail-oriented and able to interpret complex market trends are essential for success in these daily activities.

What is a Portfolio Construction job?

A Portfolio Construction job involves designing and managing investment portfolios to achieve specific risk and return objectives. Professionals in this role analyze asset allocation, diversification strategies, and market conditions to optimize portfolio performance. They work with financial models, quantitative tools, and investment theories to balance risk while maximizing returns. This role is common in asset management firms, hedge funds, and financial institutions, supporting investment decision-making. Strong analytical skills, financial expertise, and knowledge of market trends are essential for success in portfolio construction.

More about Portfolio Construction jobs
What states have the most Portfolio Construction jobs? States with the most job openings for Portfolio Construction jobs include:
What job categories do people searching Portfolio Construction jobs look for? The top searched job categories for Portfolio Construction jobs are:
Portfolio Construction jobs near you
Infographic showing various Portfolio Construction job openings in the United States as of June 2026, with employment types broken down into 86% Full Time, 10% Part Time, 1% Temporary, and 3% Contract. Highlights an 90% Physical, 2% Hybrid, and 8% Remote job distribution, with an average salary of $87,666 per year, or $42.1 per hour.
Portfolio Manager - Active Fundamental US Equity, VP II - State Street Investment Management

Portfolio Manager - Active Fundamental US Equity, VP II - State Street Investment Management

State Street Corporation

Stamford, CT • On-site

$120K - $202K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 24 days ago

Job description

We are seeking an experienced, highly motivated Portfolio Manager (Co-PM) to join our Active Fundamental Equity (AFE) team in Stamford, CT. This role will focus on the management of concentrated U.S. equity portfolios across both commingled funds and institutional separate accounts, using a disciplined, bottom-up fundamental research process. The position offers the opportunity to contribute directly to investment outcomes within a collaborative, research-driven investment platform serving internal and external clients.
The ideal candidate will have an undergraduate and/or graduate degree in finance, economics, business, or a related discipline (CFA designation strongly preferred) and a minimum of 10 years of relevant experience in active U.S. equity portfolio management or fundamental equity research. The successful candidate will demonstrate strong investment judgment, deep fundamental analysis skills, disciplined portfolio construction capabilities, and the ability to clearly articulate investment views to a broad range of internal and external stakeholders.
Key Responsibilities
  • Serve as a co-portfolio manager on concentrated active U.S. equity strategies (growth and core funds), with shared responsibility for security selection, portfolio construction, risk management, and investment outcomes.
  • Apply deep bottom-up fundamental research-including financial modeling, valuation analysis, competitive positioning, and industry structure-to generate differentiated investment insights and alpha.
  • Participate actively in portfolio construction for concentrated portfolios, including position sizing, sector exposures, issuer concentration, and benchmark-relative risk management.
  • Ensure portfolios are managed in line with stated investment objectives, risk guidelines, benchmarks, client-specific constraints, and applicable regulatory requirements, including 40 Act and RIC guidelines where relevant.
  • Actively identify, monitor, and manage portfolio risks, including factor exposures, unintended concentrations, and downside scenarios.
  • Collaborate closely with equity research analysts, sector teams, and fellow portfolio managers to debate ideas, refine investment theses, and improve investment decisions.
  • Prepare and deliver clear, differentiated investment commentary on portfolio positioning, performance drivers, and market developments for internal and external stakeholders.
  • Participate in portfolio discussions, portfolio/risk reviews , contributing judgment and constructive feedback.
  • Support client, consultant, and distribution engagements by articulating the investment philosophy, process, performance, and positioning of concentrated equity strategies.
  • Contribute to the ongoing enhancement of the AFE investment process, research framework, and portfolio construction discipline.

Minimum Requirements
  • Bachelor's degree in Finance, Economics, Business, or a related field. MBA / MS or CFA designation preferred.
  • Minimum 10 years of experience in active U.S. equity portfolio management, buy-side fundamental equity research, or a closely related role, with demonstrated success contributing to portfolio-level investment outcomes.
  • Deep expertise in fundamental equity investing, including financial statement analysis, accounting judgment, valuation, and bottom-up company research across income statements, balance sheets, and cash flows.
  • Strong understanding of portfolio construction, risk management, and performance attribution, ideally within concentrated equity portfolio structures.
  • Excellent analytical and research capabilities, integrating qualitative insights with quantitative analysis to support differentiated investment decisions and sound judgment under uncertainty.
  • Ability to synthesize information from multiple sources, challenge assumptions and consensus views, and apply independent judgment to improve investment outcomes.
  • Strong written, verbal, and presentation communication skills, with the ability to clearly articulate portfolio positioning, performance drivers, and investment rationale to internal stakeholders, clients, and consultants.
  • Demonstrated initiative, accountability, collaboration skills, high personal and professional integrity, sound judgment, and commitment to fiduciary responsibility.
  • Proficiency in Microsoft Office applications (Excel, PowerPoint, Word, Copilot) and Bloomberg.

Salary Range:
$120,000 - $202,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
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.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
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.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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About State Street

Sourced by ZipRecruiter

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

Year founded

1792

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