Business Unit:

Investment Division

Reporting To:

Managing Director, Co-Head of Customized Portfolio Solutions

Shift:

EMEA/UK (1:30 pm - 10:30 pm IST) (India)

About Russell Investments, Mumbai:

Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 87-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is the world’s sixth-largest investment adviser, with $1 trillion in assets under advisement (as of June 30, 2022) and $288.3 billion in assets under management (as of March 31, 2023) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai – and has opened a new office in Mumbai, India in June 2023.

Joining the new Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be one of the first to join this new team based out of Goregaon (East) in Mumbai and be a part of creating the foundation and culture for the firm’s growing operations in India. The Mumbai office operates 5-days a week from Monday to Friday with varying shifts to accommodate time zones around the world.

For more information, please visit https://www.russellinvestments.com.

Job Description:

Title: Senior Implementation Manager

Department/Team: Investment Division/CPS (Customized Portfolio Solutions)

Reporting to: Managing Director of Customized Portfolio Solutions (CPS)

Work Location: Mumbai

Shift: EMEA Shift

About Russell Investments, Mumbai

Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 87-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is the world’s sixth-largest investment adviser, with $1 trillion in assets under advisement (as of June 30, 2022) and $288.3 billion in assets under management (as of March 31, 2023) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai – and has opened a new office in Mumbai, India in June 2023.

Joining the new Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be one of the first to join this new team based out of Goregaon (East) in Mumbai and be a part of creating the foundation and culture for the firm’s growing operations in India. The Mumbai office operates 5-days a week from Monday to Friday with varying shifts to accommodate time zones around the world.

For more information, please visit www.russellinvestments.com.

Role Summary

As the leader of a 10-14 person team, this role will involve supporting and managing a team of portfolio implementors doing various processes to support Russell Investments portfolios globally. These portfolios cover multiple asset classes including equities, foreign exchange (FX), derivatives, cash and fixed income. The team’s responsibilities will include daily data validation, pre/post trade compliance monitoring, trade creation, trade entry into a portfolio system, verbal and written interaction with the appropriate internal contacts (Portfolio Managers, data teams, compliance, performance). The team’s role also will involve portfolio analysis, maintaining performance reporting for certain accounts, writing commentaries, troubleshooting data and reasons for discrepancies and tracking cash flows. The team will also be doing trade preparation and coordinating with Russell employees globally, checking corporate actions, cash availability and compliance rules while assisting to manage multiple styles of portfolios to a benchmark or model portfolio.

As the Senior Implementor/Manager and leader of the team you will be responsible for ensuring activities are undertaken to a high standard, as well as core leadership activities including, cross training the team, hiring new associates, scheduling the team members, as well as career development. You will work closely with the Mumbai team while also interfacing with multiple stakeholders of the different asset classes globally. This role is a “player coach” role and the successful candidate should be willing to undertake business as usual tasks as required in addition to leading the team.

Years of Experience

This role requires 8+ years’ experience depending on historical asset class experience as well as historical managerial experience.

Qualifications

• Strong math and analytical skills
• Familiarity with portfolio management and/or trading
• Knowledge of Bloomberg and Microsoft products
• Good understanding of custodian reports.
• Good understanding of securities markets.
• Bachelor’s degree in finance, Economics, Mathematics or related technical field. Masters degree or CFA preferred.
• Strong communication and coaching skills
• The ability to prioritize multiple tasks that have tight timelines
• Strong attention to detail
• Dedication to teamwork
• Proactive mindset to anticipate issues and communicate them quickly and effectively.

Special Requirements

Some travel required to meet internal stakeholders and learn processes.

Responsibilities

• Ensuring the team executes on (1) the timely implementation of portfolio changes (2) the daily processes necessary to ensure portfolios achieve their intended outcomes (3) the required reporting on outcomes to internal and external clients.
• Promoting associate engagement, growth, and learning
• Liaising with senior management in the ID – Head of Customized Portfolio Services and Head of Portfolio management
• Liaising with a broad set of stakeholders across the Investment Division and Operations

Candidate Requirements

• Management experience leading a high-functioning team
• Familiarity with Bloomberg, Axioma, Microsoft suite (excel, Outlook).
• Experience with portfolio management processes
• Strong understanding of various asset classes
• Strong understanding of performance measurement calculations
• Strong understanding of capital markets and what affects portfolio outcomes in order to write (and lead the writing) commentary regarding portfolio outcomes.

Core Values

• Strong interpersonal, oral, and written communication and collaboration skills with all levels of management
• Strong organizational skills including the ability to adapt to shifting priorities and meet frequent deadlines,
• Demonstrated proactive approach to problem-solving with strong judgment and decision-making capability.
• Highly resourceful and collaborative team-player, with the ability to also be independently effective and exude initiative and a sense of urgency.
• Exemplifies our customer-focused, action-oriented, results-driven culture.
• Forward looking thinker, who actively seeks opportunities, has a desire for continuous learning, and proposes solutions.
• Ability to act with discretion and maintain complete confidentiality.
• Dedicated to the firm’s values of non-negotiable integrity, valuing our people, exceeding client expectations, and embracing intellectual curiosity and rigor.