Portfolio Strategy Manager (Equities)

“I can be myself at work.”

You are more than a job title. We want you to feel comfortable doing great work and bringing your best, authentic self to everything you do. We value your talents, traditions, and uniqueness—and we’re committed to fostering a strong sense of belonging in a respectful workplace.  

We intentionally seek diverse perspectives, experiences, and backgrounds, investing in a culture designed to celebrate differences. We believe that belonging leads to better outcomes and a stronger community of associates united by our mission. At Capital, we live our core values every day: Integrity, Client Focus, Diverse Perspectives, Long-Term Thinking, and Community. 

“I can influence my income.” 

You want to feel recognized at work. Your performance will be reviewed annually, and your compensation will be designed to motivate and reward the value that you provide. You’ll receive a competitive salary, bonuses and benefits. Your company-funded retirement contribution will factor in salary and variable pay, including bonuses. 

“I can lead a full life.” 

You bring unique goals and interests to your job and your life. Whether you’re raising a family, you’re passionate about where you volunteer, or you want to explore different career paths, we’ll give you the resources that can set you up for success. 

• Enjoy generous time-away and health benefits from day one, with the opportunity for flexible work options 

• Receive 2-for-1 matching gifts for your charitable contributions and the opportunity to secure annual grants for the organizations you love 

• Access on-demand professional development resources that allow you to hone existing skills and learn new ones 

“I can succeed as a Portfolio Strategy Manager at Capital Group.”

The Portfolio Strategy Management (PSM) team is dedicated to delivering Capital Group’s investment strategies in clients’ vehicles of choice. The Portfolio Strategy Management capability provides flexibility of access and customization that clients are seeking while delivering end investors a risk and return profile similar to that of a reference strategy. The Portfolio Strategy Manager exercises independent investment judgment on behalf of vehicle clients, oversees vehicle outcomes, represents the PSM capability internally and externally, and helps evolve the future of systematic portfolio construction and customization. This role is accountable for ensuring that CG’s investment convictions are appropriately reflected across vehicles while navigating market volatility, independent vehicle flows, guidelines, restrictions, tax considerations, transparency protection, liquidity, and client-specific requirements.

In this role, you will:

• Investment Decision Making

  • Exercise independent investment judgment on behalf of vehicle clients to deliver Capital Group’s investment convictions across vehicles while minimizing results dispersion or meeting other defined client objectives.

  • Maintain a deep understanding of Portfolio Manager and Analyst convictions and ensure those convictions are appropriately reflected in each portfolio, with discretion to tailor vehicle investment decisions to vehicle requirements and clients’ best interests.

  • Review and approve investment model designs and portfolio construction approaches, taking into account considering CG policy, client restrictions, transparency protection, tax management, liquidity, average daily volume, market conditions, and other vehicle-specific constraints.

  • Work daily with Portfolio Strategy Specialists (PSS) to review model output, approve recommended trades where they align with Investment Group conviction, and manage exceptions when recommended trades are not approved or aligned with conviction.

  • Uphold systematic portfolio construction principles and create, evolve, and maintain consistent decision-making frameworks that support timely and accurate execution of investment strategies across vehicles.

• Vehicle Oversight

  • Retain accountability for vehicle health and outcomes, including the monitoring and oversight processes required to assess whether each vehicle is operating within expectations and following PSM policies and processes.

  • Oversee risk and return parameters to ensure the investment strategy remains recognizable in vehicles and that each portfolio is an appropriate representation of the reference strategy when aligned to client’s objective.

  • Partner with PSS to monitor vehicle portfolios, including excluded assets, cash accounts, regulatory and guideline restrictions, vehicle parameters, and other factors that may create risk or require resolution.

  • Identify and raise observations for additional research and analysis that arise from vehicle monitoring, investment results, dispersion analysis, and the broader PSM investment process.

  • Partner with strategy Investment teams when required for unique market events like IPO’s, secondary offerings, voluntary corporate actions, etc. while preserving PSM accountability for vehicle implementation and outcomes.

• Represent the PSM capability

  • Serve as a business leader and subject matter expert representing CG, PSM, and vehicles across internal and external settings, instilling confidence in the PSM capability and communicating complex topics clearly.

  • Deepen partnerships across Investment Group, Principal Investment Officers, Quantitative Research and Analytics, Global Product Strategic Development, Investment Directors, Distribution, client-facing teams, and other adjacent business groups to ensure PSM portfolio construction, vehicle health, and business impacts are well understood and incorporated into plans.

  • Lead or support vehicle reviews across PSM investment strategies and help prepare internal partners to represent portfolios and explain the PSM capability at the right level for each audience.

  • Engage with home offices, research teams, gatekeepers, institutional clients, and other external audiences on complex questions regarding portfolio construction, vehicles, strategy delivery, and PSM investment services.  This includes demonstrating product expertise and a deep understanding of client needs to ensure that vehicles remain effectively designed to achieve outcomes in a dynamic market.

  • Participate in or lead PSM governance forums, including Portfolio Strategy Investment Committee activity, Results Committee, and product development forums.

  • Conduct regular vehicle reviews with the strategy Principal Investment Officer.

• Evolving the future of PSM capability

  • Apply experience and judgment to collaborate on the development of new investment offerings and expand the uses of systematic portfolio construction, replication, and customization to meet current and future client and business needs.

  • Lead or contribute to product development and validation efforts for new PSM strategies in partnership with Investment Group and other business partners.

  • Evaluate expanded vehicle customization, tax management expectations, research portfolio mirrors, and new applications of existing investment services while assessing the impact on strategy delivery and vehicle outcomes.

  • Clarify role accountabilities, reduce duplication with PSS, and promote scalable tools, processes, and decision frameworks that support the continued growth and effectiveness of the PSM capability.

  • Navigate ambiguity as the role evolves, increasing tangible deliverables and accountable assignments across existing and emerging vehicle types and lines of business.

“I am the person Capital Group is looking for”

• In-depth knowledge of quantitative portfolio investing concepts and processes, index or active investment strategy replication, securities and investment business.

• 10+ years’ experience in management or leadership capacity in a large, complex, global organization; financial services or investment management industry experience, strongly preferred.

• Comprehensive understanding of investment products, asset allocation, securities operations and the servicing requirements of accounts.

• Demonstrated track record in driving change, making a business more effective and efficient, and effectively influencing others.

• Excellent written and oral communication and interpersonal skills as well as the ability to effectively collaborate with various teams including Investment Group, Trading, IT and Global Investment Control

• Working knowledge of the investment management industry, investment mandates, investment vehicle structures, investment operations, competitive landscape, reporting and regulatory environment.

“I can apply in less than 4 minutes.”  

You’ve reviewed this job posting and you’re ready to start the candidate journey with us. Apply now to move to the next step in our recruiting process. If this role isn’t what you’re looking for, check out our other opportunities and join our talent community.  

“I can learn more about Capital Group.”  

At Capital Group, the success of the people who invest with us depends on the people in whom we invest. That’s why we offer a culture, compensation and opportunities that empower our associates to build successful and prosperous careers. Through nine decades, our goal has been to improve people’s lives through successful investing. We know that our history is a testament to the strength of the people we hire. More than 9,000 associates in 30+ offices around the world help our clients and each other grow and thrive every day. Find us on LinkedIn, Instagram, YouTube and Glassdoor.‎ 

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In addition to a highly competitive base salary, per plan guidelines, restrictions and vesting requirements, you also will be eligible for an individual annual performance bonus, plus Capital’s annual profitability bonus plus a retirement plan where Capital contributes 15% of your eligible earnings.

You can learn more about our compensation and benefits here.

* Temporary positions in the United States are excluded from the above mentioned compensation and benefit plans.

We are an equal opportunity employer, which means we comply with all federal, state and local laws that prohibit discrimination when making all decisions about employment. As equal opportunity employers, our policies prohibit unlawful discrimination on the basis of race, religion, color, national origin, ancestry, sex (including gender and gender identity), pregnancy, childbirth and related medical conditions, age, physical or mental disability, medical condition, genetic information, marital status, sexual orientation, citizenship status, AIDS/HIV status, political activities or affiliations, military or veteran status, status as a victim of domestic violence, assault or stalking or any other characteristic protected by federal, state or local law.