What are the responsibilities and job description for the Director of Investment Operations position at Claire Myers Consulting?
Overview:
Our client is a boutique, mission-driven wealth management firm dedicated to empowering clients through education, transparency, and personalized financial planning. They are seeking a Director of Investment Operations to oversee the investment platform, optimize systems and processes, and lead and coach a lean, effective team to consistently exceed targets. This individual will combine deep operational expertise with strategic oversight, ensuring the firm delivers exceptional investment execution and client service at scale.
Responsibilities:
- Oversee all aspects of investment operations, including trading, reconciliation, reporting, billing, and performance measurement.
- Manage and mentor team members in trading, reporting, and account operations, fostering accountability and development.
- Ensure seamless integration between planning, advisory, and trading functions.
- Oversee portfolio implementation, cash management, and rebalancing across client accounts.
- Collaborate with the leadership team to refine investment workflows and improve system efficiencies.
- Maintain compliance standards, ensuring adherence to firm policies and industry regulations.
- Work closely with custodians and technology partners to resolve operational issues promptly.
- Lead quarterly review preparation, including performance data, commentary, and materials.
- Analyze workflows and develop best practices for scalability as the firm continues to grow.
- Partner with advisors to support investment policy design, model management, and performance tracking.
- Support proactive client communication by helping craft and distribute timely market updates.
- Oversee system-wide functions such as block trading and tax loss harvesting.
Qualifications:
- 7–10 years of experience in investment operations, portfolio management, or related functions within wealth management.
- Deep understanding of portfolio construction, trading workflows, and custodial processes.
- Series 7 and 66 (or equivalent) strongly preferred.
- Demonstrated experience leading and developing team members.
- Strong systems mindset—familiarity with custodial and performance platforms (e.g., Schwab, Fidelity, Orion, Black Diamond).
- Detail-oriented, analytical, and able to execute both strategic initiatives and day-to-day tasks.
- Excellent communicator with a collaborative leadership style.
Compensation:
- $100,000 – $125,000 plus bonus
- Additional benefits: health insurance, 401(k), paid time off, and professional development opportunities.