Managing Director Blog Post
Company: Allocator Jobs
Location: New York
Posted on: May 1, 2025
Job Description:
New York University(NYU) is a private research university in New
York City, United States. The university moved in 1833 and has
maintained its main campus in Greenwich Village surrounding
Washington Square Park. Since then, the university has added an
engineering school in Brooklyn's MetroTech Center and graduate
schools throughout Manhattan. NYU has become the largest private
university in the United States by enrollment, with a total of
51,848 enrolled students, including 26,733 undergraduate students
and 25,115 graduate students in 2019. It is one of the most
applied-to schools in the country and admissions are considered
selective. Details below.Position SummaryReporting to the Chief
Investment Officer, the Managing Director of Investments takes a
significant role in the strategy development and investment of
NYU's endowment portfolio. This individual's primary focus will be
on designing, sourcing and maintaining a best-in-class portfolio of
alternative investments across hedge funds, credit (liquid and
illiquid) and other absolute return-oriented investments. Extensive
expertise underwriting a wide range of strategies including
systematic strategies, macro, relative value and lending, among
others, is critical. Key responsibilities include sourcing and
carrying out rigorous diligence on existing and prospective
investment managers, developing strong relationships with
investment managers, and contributing to a team culture of
excellence and high integrity. As a senior member of the investment
office, this person is also expected to collaborate and engage
across the portfolio, contributing to work on asset allocation,
performance analysis and portfolio construction. The Managing
Director will be a thought leader on the team, identifying key
areas of risk and new investment opportunities, and monitoring
market trends and economic conditions to inform strategic
decisions.A senior-level position in the Investment Office, the
Managing Director serves as the subject matter expert in their
assigned asset classes, collaborating with the Chief Investment
Officer and colleagues to develop a high performing portfolio. The
individual will also help manage, mentor, and develop a team of
junior investment professionals, fostering a collaborative and high
achieving working environment. The successful candidate will have a
results-oriented work ethic with a mindset of continuous
improvement.Key Responsibilities:
- Devise and Implement Investment Strategy - Partner with the
Chief Investment Officer (CIO) to develop and execute investment
strategy, with a primary focus on lowly correlated hedge funds and
other liquid/illiquid alternatives. Maintain deep expertise in
these asset classes by cultivating strong historical knowledge and
proactively learning as the investment landscape evolves.
- Manage Portfolio and Investment Relationships - Oversee
assigned parts of the portfolio by maintaining strong, ongoing
relationships with existing managers and conducting regular
evaluations. Identify and recommend new investment opportunities
through thorough due diligence, including analysis of strategy,
process, organization, and performance. Lead internal processes for
monitoring and assessing investments. Proactively recommend
rebalancing, termination, or new investment actions to the CIO as
needed, supported by investment memos, data analysis, and
presentations for the Investment Committee. Develop and source
analytical tools to support strategic recommendations.
- Deliver Leadership and Team Development - Lead, motivate, and
inspire a team to achieve high levels of performance, fostering a
collaborative and inclusive team culture. Mentor junior team
members through an apprenticeship-style learning approach by
actively including them in high-level discussions, research, and
analysis. Recruit, train, and develop talent to strengthen team
capabilities and ensure continuous improvement.
- Act as a Thought Leader - Serve as a key thought leader across
the investment portfolio by contributing informed perspectives on
asset classes and investment opportunities during team discussions
and debates. Provide expertise and strategic insights to support
portfolio growth and performance.
- Represent the Investment Office - Represent the Investment
Office and the University with internal and external constituents,
including University committees, general partners, and other
stakeholders. Lead presentations and engagements to promote the
investment strategy and outcomes effectively.QualificationsRequired
Education:Bachelor's DegreePreferred Education:Master's Degree in
Business Administration (MBA) and/or Chartered Financial Analyst
(CFA) is preferredRequired Experience:10+ years relevant investment
experience. This can include work at an endowment, corporate or
public plan sponsor, family office, or asset management firm. This
experience must include asset management oversight of a portfolio
of managers including the selection of external investment
managers. Extensive experience underwriting strategies such as
statistical arbitrage, macro, fixed income relative value and
alternative credit required.Preferred Skills, Knowledge and
Abilities:Deep institutional investment management experience and a
demonstrated and relevant track record of achievement. Significant
knowledge of a wide range of hedge funds and lowly correlated
investment strategies (e.g. systematic/statistical arbitrage,
macro, multi-strategy, reinsurance) their assigned asset classes
including a strong network and understanding of leading managers
and their investment processes, operations, compliance protocols,
and history. Advanced verbal and written communication skills
including the ability to communicate complex topics to a variety of
audiences including Investment Office colleagues, Investment
Committee members, University constituents, and peers. Communicates
thoughts and ideas to the Investment Office team. Ability to thrive
in a fast-paced and dynamic environment. Must be proactive with
their analyses by researching topics that may be useful for their
asset class or broader portfolio. Industry Relationships. Ability
to maintain relationships with senior individuals throughout the
industry to keep abreast of important, sometimes intangible
developments that could impact portfolio holdings. Must be able to
travel to meet managers and attend conferences. Results-Oriented.
Must be a high-impact player, making an immediate, positive
impression in any business situation, and have the ability to
develop and leverage relationships across a range of professionals.
Additional critical skills include: Cultural astuteness and
appreciation for the University's mission. Strong written, verbal,
and interpersonal communication skills and the ability to clearly
articulate complex concepts, ideas, and processes with maturity and
credibility. Data-oriented approach to addressing investment
diligence and research. Team orientation and the ability to
motivate and energize people at all levels and functions to pursue
common objectives and business goals.Additional InformationIn
compliance with NYC's Pay Transparency Act, the annual base salary
range for this position is USD $430,000.00 to USD $470,000.00. New
York University considers factors such as (but not limited to)
scope and responsibilities of the position, candidate's work
experience, education/training, key skills, internal peer equity,
as well as, market and organizational considerations when extending
an offer. This pay range represents base pay only and excludes any
additional items such as incentives, bonuses, clinical
compensation, or other items.NYU aims to be among the greenest
urban campuses in the country and carbon neutral by 2040. Learn
more at
nyu.edu/nyugreen.EOE/AA/Minorities/Females/Vet/Disabled/Sexual
Orientation/Gender Identity
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Keywords: Allocator Jobs, Allentown , Managing Director Blog Post, Executive , New York, Pennsylvania
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