FSM provides accounting, finance and reporting services for #AI, #SaaS, investor backed cos., and investors.
Family Offices Services Manager
Location
India
Posted
1 day ago
Salary
0
Seniority
Lead
Job Description
Family Offices Services Manager
FinStrat Management, Inc.
• Discretionary Portfolio Management • Manage assigned capital sleeves across client portfolios on a fully discretionary basis, spanning liquid equities, fixed income, and select alternatives • Construct and maintain model portfolios with explicit factor exposures, benchmark targets, and risk budgets approved by the client principal • Execute investment decisions including security selection, position sizing, rebalancing, and tactical allocation shifts within the agreed investment policy statement (IPS) • Generate time-weighted and money-weighted return reporting on directly managed sleeves, held to the same S&P 500 benchmark standard applied to all outside managers • Produce written investment rationale for every material position change — no undocumented trades • Coordinate with client tax advisors on tax-lot management, wash sale rules, and the interaction between active trading and the client's broader tax posture • Investment Oversight & Multi-Manager Coordination • Maintain and continuously improve performance measurement frameworks for each client's full advisor roster, benchmarked against the S&P 500 and appropriate secondary indices • Produce quarterly manager scorecards covering rolling 1-, 3-, and 5-year returns (gross and net of fees), with plain-English summaries written for principals, not advisors • Build and maintain pairwise correlation matrices and factor-decomposed diversification analyses across all active managers, including directly managed sleeves • Perform look-through concentration analysis to surface true single-name, sector, geography, and thematic exposures across the entire portfolio — including positions you hold directly • Portfolio Analytics & Risk • Decompose each manager's results by asset class, sector, and factor exposure (value, growth, size, momentum); apply the same attribution framework to your own directly managed sleeves • Develop and maintain liquidity waterfall models under defined stress scenarios, incorporating LP lockups, directly held positions, real estate assumptions, and credit line availability • Monitor concentration risk in real time across all sleeves — both managed externally and managed directly — and escalate when aggregate exposures exceed agreed thresholds • Partner with the FSM operations team on cross-entity insurance and risk audits, contributing investment-side risk context • Investment Policy & Client Governance • Draft and maintain a written Investment Policy Statement (IPS) for each client, covering return objectives, risk tolerance, liquidity requirements, constraints, and benchmark selection • Lead quarterly investment review meetings with family principals; present performance of directly managed sleeves alongside outside manager scorecards in a unified format • Participate in asset allocation reviews with the client's strategic advisor; provide quantitative support for allocation shift recommendations • Translate institutional-grade analytics into direct, no-jargon deliverables that respect client sophistication without burying them in unnecessary complexity • Advisor Coordination & Governance • Serve as FSM's primary point of contact for each client's wealth management roster, operating as an objective oversight layer above individual outside managers • Facilitate quarterly advisor review sessions; provide written scorecard summaries to the client principal in advance of each meeting • Coordinate on capital call timing, distribution reinvestment, and cash management across all sleeves
Job Requirements
- Bachelor's degree in finance, economics, mathematics, or a related quantitative field
- CFA Charterholder in good standing
- Series 65 (or Series 66) license, or willingness to obtain prior to assuming discretionary management responsibilities; RIA registration experience preferred
- 7+ years of experience in investment management, with demonstrated responsibility for managing discretionary capital — not just analyzing or recommending
- Deep fluency in portfolio construction, performance attribution, factor analysis, and multi-asset risk management
- Direct experience with investment policy statements, rebalancing frameworks, and client-level reporting for discretionary accounts
- Demonstrated experience working in or alongside multi-entity family office structures (trusts, LLCs, LP structures, multi-state tax exposure)
- Proficiency with portfolio management and analytics tools (Addepar, Black Diamond, Orion, Masttro, or equivalents); ability to operate effectively without them when necessary
- Exceptional written communication — your investment memos and scorecards will go directly to principals.
Benefits
- Competitive base salary commensurate with experience
- Performance-based bonus tied to portfolio outcomes, client retention, and deliverable quality
- Equity participation in FSM's family office practice as it scales
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