Portfolio Manager -Alternative Investments - Remote

A career at The Auto Club Group (ACG) can be satisfying, exciting and rewarding. By aligning your professional development with our business objectives, ACG can help you attain your career goals — and make a difference. Get started by choosing the career that’s right for you.

Remote

The Auto Club Group

AAA was founded over 100 years ago for the purpose of lobbying for driver and passenger rights, fair laws and safer vehicles — all to better promote the love of the open road and the adventure of driving. Since then, AAA has grown to over 50 million members strong, while providing valuable membership services such as roadside assistance. Additionally, AAA has broadened its horizons to include all types of travel-related services, as well as offer a variety of insurance and financial products and services. Today’s AAA is a national federation comprised of more than 50 individual clubs throughout the United States and Canada. Whether you’re traveling around the world or to the corner grocery store, planning a honeymoon or weekend road trip, learning to drive or in need of a battery boost, the best way to begin your journey is with AAA. http://michigan.aaa.com/

keywords: about acg,compensation,research,manage,degree,education,experience

Full Time

Competitive Compensation and Benefits Package

Overview: <p class="p1"><strong>About ACG</strong><br /> The Auto Club Group (ACG) provides membership, travel, insurance, and financial services offerings to approximately 13 million members and customers across 14 states and 2 U.S. territories through the AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second-largest AAA club in North America.<br /> <br /> <strong>Compensation</strong><br /> The Auto Club Group offers competitive compensation and benefits packages including a base salary with performance-based incentives; medical/dental/vision insurance, pension, 401(k), generous time off, a complimentary AAA Membership, and much more!</p>
Responsibilities: <strong>Job Description</strong> <p>&nbsp;</p> <p><strong>I.&nbsp; Position Description</strong></p> <p>&nbsp;</p> <p><u>Primary Duties and Responsibilities (details of the basic job functions):</u></p> <ul> <li>The portfolio manager is responsible for proactively managing a portfolio of private equity, real assets, and private credit fund investments, including maintaining a deep knowledge of underlying holdings as well as monitoring and analyzing performance, including attribution, at the investment, fund, and portfolio level.&nbsp;</li> <li>In addition, the portfolio manager is responsible for developing deep manager relationships, meeting regularly with partners, and influencing and providing oversight including through active leadership on multiple LPACs.&nbsp;</li> <li>The role also requires research on macro and micro trends to identify risk and potential investment opportunities before they emerge.</li> </ul> <p>&nbsp;</p> <p><u>Supervisory Responsibilities (briefly describe, if applicable, or indicate None):</u></p> <p>Contribution to mentorship and leadership of the team</p>
Requirements: <p style="font-weight: 300;"><strong>Qualifications</strong></p> <ol> <li style="font-weight: 300;"><span style="font-weight: 300;"><strong style="font-weight: 300;">II. Required Qualifications (these are the minimum requirements to qualify)</strong></span></li> </ol> <p style="font-weight: 300;">&nbsp;</p> <p style="font-weight: 300;"><span style="font-weight: 300;"><u style="font-weight: 300;">Education (include minimum education and any licensing/certifications):</u></span></p> <ul style="font-weight: 300;"> <li style="font-weight: 300;"><span style="font-weight: 300;">BA/BS or equivalent degree</span></li> <li style="font-weight: 300;"><span style="font-weight: 300;">MBA, CFA, CAIA and/or FRM</span></li> <li style="font-weight: 300;"><span style="font-weight: 300;">Ability to travel up to 30%</span></li> </ul> <p style="font-weight: 300;">&nbsp;</p> <p style="font-weight: 300;"><span style="font-weight: 300;"><u style="font-weight: 300;">Experience:</u></span></p> <ul style="font-weight: 300;"> <li style="font-weight: 300;"><span style="font-weight: 300;">Deep interest in and understanding of investments generally and private markets in particular</span></li> <li style="font-weight: 300;"><span style="font-weight: 300;">10+ years of experience across a broad array of asset classes and geographies</span> <ul style="font-weight: 300;"> <li style="font-weight: 300;"><span style="font-weight: 300;">Deep knowledge of global markets, risk management, performance measurements (e.g. TWR, IRR, MOIC), and investment products across asset classes (fixed income, equities, and alternatives)</span></li> <li style="font-weight: 300;"><span style="font-weight: 300;">Strong network of top-tier investment managers and proven ability to source, develop long term partnerships, and secure meaningful allocations</span></li> <li style="font-weight: 300;"><span style="font-weight: 300;">Exceptional analytical, financial modeling, valuation, and communication skills</span></li> <li style="font-weight: 300;"><span style="font-weight: 300;">Experience evaluating a broad spectrum of investments</span></li> <li style="font-weight: 300;"><span style="font-weight: 300;">Proven ability to thrive in complex, often ambiguous situations</span></li> <li style="font-weight: 300;"><span style="font-weight: 300;">Track record of successfully leading investments and projects</span></li> <li style="font-weight: 300;"><span style="font-weight: 300;">Experience mentoring and motivating junior talent</span></li> <li style="font-weight: 300;"><span style="font-weight: 300;">Experience and comfort presenting to senior leadership</span></li> </ul> </li> </ul> <p style="font-weight: 300;">&nbsp;</p> <p style="font-weight: 300;"><span style="font-weight: 300;"><strong style="font-weight: 300;">III. Preferred Qualifications</strong></span></p> <p style="font-weight: 300;">&nbsp;</p> <ul style="font-weight: 300;"> <li style="font-weight: 300;"><span style="font-weight: 300;">Direct investment and co-investment experience</span></li> <li style="font-weight: 300;"><span style="font-weight: 300;">LPAC experience</span></li> <li style="font-weight: 300;"><span style="font-weight: 300;">Public equities asset management or research experience</span></li> </ul> <p style="font-weight: 300;">&nbsp;</p> <ol> <li style="font-weight: 300;"><span style="font-weight: 300;"><strong style="font-weight: 300;">IV. Work Environment</strong></span></li> </ol> <p style="font-weight: 300;">&nbsp;</p> <p style="font-weight: 300;"><span style="font-weight: 300;">Works in a temperature-controlled office environment.</span></p> <p style="font-weight: 300;">&nbsp;&nbsp;</p> <p style="font-weight: 300;"><span style="font-weight: 300;"><strong style="font-weight: 300;">Important Note:</strong></span></p> <p style="font-weight: 300;"><span style="font-weight: 300;">The above statements describe the principle and essential functions, but not all functions that may be inherent in the job.&nbsp; This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements.&nbsp;&nbsp; Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfil these requirements.</span></p>