Director of Investments

MUST BE LOCAL IN MINNEAPOLIS (TWIN CITIES) TO APPLY

Company Description

CAISSA Wealth Strategies has been serving women business owners, executives, and high-net-worth families for over 15 years. We are a dedicated team of financial advisors creating customized financial plans tailored to meet each client's unique goals. Located in Eden Prairie, MN, we act as your Personal CFO, analyzing, strategizing, and managing all financial aspects. Our unique triple-process approach ensures portfolio resilience and wealth management, providing clients with clarity and confidence in their financial wellbeing.

Role Description

This is a full-time hybrid role for a Director of Investments, located in Eden Prairie, MN with some work-from-home flexibility. The Director of Investments will oversee investment management, develop and implement investment strategies, and manage the investment portfolio. Day-to-day tasks include conducting investment analysis, performing due diligence on investment opportunities, and monitoring market trends. The role also involves preparing and presenting investment reports to clients, ensuring alignment with their financial goals, and collaborating closely with the financial planning team to integrate investment strategies.

Responsibilities

Vision Implementation

Champions the firm’s goals of providing an exceptional client experience

• Owns the Client Investment Experience & Vision Implementation for strategic investments, models and service matrix
• Creates/maintains service matrix levels and can effectively make decisions to create value
• Leads the Investment Committee owning results and oversight of the CAISSA client service for quality & efficiency
• Demonstrates leadership of the Investment Pod through ownership, delegation and elevation
• Oversees the investment team implementation of core values and client journey

Leadership Role/ Inv Team Development

• Manages reviews of all Investment Advisors performance, rock reviews, and role reviews
• Creates an environment to thrive personally, professionally with retention of employees as a #1 goal. Thrives on, and responsible for, coaching and mentoring their employees
• Retention / Service Delivery Parameters as well as day-to-day client contact Parameters

Client Servicing Role

• Strong communication skills with colleagues as well as presentation skills with clients. Showcasing the ability to maneuver client conversations with confidence, trust, knowledge and proper emotion/respect. 
• Implements the client journey through Investment management pod for client relationships. 
• Has ownership role for more complex clients and demonstrates solid ability to navigate a client through all investment segments inclusive of integrating tax and estate strategies
• Owns lead on client’s Household needs (finalizes IPS, performance, trading, Tranches etc.)
• Demonstrating the ability to navigate from simplification to complex details of investment and

macroeconomic strategies including fielding all complex questions, without oversight.

• Demonstrates ownership of client relationships, the balance of empathy and professionalism.
• Represent the investment team during prospect and client meetings and implement the client experience for investments.

Investments

• Primary investment advisory for larger and complex clients
• Responsible for client portfolio allocations and performance
• Fully versed in outside investment vehicles/products regardless of use ~ all specialties in Investments
• Responsible for trade and rebalance outcomes for delegated execution and maintaining client allocations and trade rebalancer settings.
• Summarize portfolios, positions, and investments in creative ways to present to wealth advisors and clients.
• Owns investment committee review process and analytics
• Actively owning the manager due diligence process, including public and private investments (Mutual Funds, ETF’s, SMA’s, Alternatives, Private Investments).
• Prepare and present economic and market research to the investment committee and aid in trade idea generation.
• Evaluate manager performance through detailed performance attribution of investment and model portfolios.
• Lead external wholesaler relationships and represent the firm in a professional manner.

Investment Operations Coordination

• Work closely with the operations team to audit and ensure accurate reporting and back-end processes are implemented.
•  Owns the held-away asset workflow and custody procedures with delegation to other employees
•  Responsible for investment compliance regulations

Growth and Retention Goals

• Actively participates in marketing activities with Clients and COIs
• Leads Inv Pod to ID outside assets to convert ~Generates 5% of NNA, actively working your Referral system for COIs

Qualifications

• Investment portfolio management experience of 10 years.
• Has an entrepreneurial spirit and likes to own the growth of a team
• Experience in Tamarac and/or a similar performance software platform.
• Capable of explaining complex financial topics to a non-financial audience.
• Proficient in Morningstar Direct, portfolio analytics, attribution, portfolio construction.
• Expert in Microsoft Office, Excel and PowerPoint, programming knowledge is a plus.
• Excellent communication, interpersonal and presentation skills.
• Detail-oriented with strong analytical-thinking and problem-solving skills.
• Self-starter with the ability to multi-task in a fast-paced environment and open to learning.
• Enjoys creating, owning and implementing strategies for the team
• Excellent intrapersonal skills with clients and colleagues
• Bachelor's degree in: Finance, Economics, Accounting or related field.
• Completion or progress towards CFA or financial professional designation is a plus.