Portfolio Manager II

2 months ago

Detroit, Michigan, United States DTE Full time


DTE Trust Investments manages over $11B in assets including US/Global equities, fixed income, multi-asset/hedge funds, and private markets (equity, credit, real estate).

In addition to responsibility for the investment menu for DTE's 401(k) plan, there are 5 primary pools of assets Trust Investments has discretionary responsibility for including: defined benefit pension trust, retiree healthcare trust (VEBA), nuclear decommissioning trust (NDT), executive benefit/rabbi trust, and DTE Energy Foundation Trust.

This variety of asset pools with differing liability profiles provides exposure to the development and implementation of investment strategy for a wide range of investor types as a part of one team.

This position will significantly contribute to the strategic direction of the Trust Investments organization and the trust funds managed as well as be responsible for owning a segment of the portfolio (e.g. public markets or alternatives/private markets).

Responsibilities will also include contributing to overall portfolio strategy including items such as asset allocation and risk management as well as opportunities for exposure to the operations behind the investment activities.

Tasks are diversified, requiring strong analytical and technical skill and independent action is frequently required in assignments. This role involves some responsibility for guiding the workflow of others in the group and outside service providers.

Span of Control:
0; Individual Contributor Key Accountabilities Serves as a senior member of the Trust Investments team.

Leads and/or is a key contributor to asset allocation or asset-liability studies to determine the overall strategic asset allocation of each trust Responsible for all aspects of investment sourcing, underwriting, due diligence, and ongoing monitoring for assigned asset classes (typically more complex such as hedge funds and/or private markets) including compliance with all policies regarding documentation of these activities.

Participates in the determination of appropriate benchmarks for performance and risk measurement and leads evaluation of investment managers' risk and returns against policy objectives and benchmarks.

Includes recommendations for termination of managers when necessary.

Develops and maintains relationships with top investment managers and the general institutional investment community to stay on top of trends and potentially enable access to top funds/managers.

Independently leads legal reviews and negotiation of investment management agreements, contracts, and other documentation with the assistance of outside counsel.

Performs periodic asset class reviews with assistance of external consultant and presents results to Investment Committee. Pro-actively identifies and researches new strategic initiatives and investment opportunities.

Prepares, presents, and defends compelling, well-reasoned recommendations to Senior Management and the Investment Committee Leads periodic Requests for Proposals (RFPs) for external service providers as necessary.

Represents the enterprise at investment industry events and with investment organizations. Supervises, coaches and mentors junior-level Trust Investments staff. Minimum Education & Experience Requirements

  • Bachelor's degree in Business, Finance or other business-related or analytical / technical discipline and at least 8 years of experience in business/financial or quantitative analysis, inclusive of at least 6 years of investment experience OR
  • MBA and at least 6 years' experience in business/financial or quantitative analysis inclusive of at least 6 years of investment experience
  • CFA/CAIA certification can count towards 2 years of investment experience requirement. Other Qualifications Preferred Qualifications MBA or advanced degree. CFA or CAIA designations, or progress towards designations. Experience managing investments as part of an asset owner organization (Pension, Endowment, Foundation, Family Office, etc.). Experience working with PowerPoint, Excel and Word. Other Qualifications Strong focus on continuous Improvement, including desire to put in extra work so processes are more sustainable and error-free in the future. Advanced understanding of finance and financial markets, general knowledge of Employee Retirement Income Security Act (ERISA), aspects of risk, and investment portfolio theory. Ability to work independently on complex investment issues, including identifying proper resources to engage (external consultants, legal, tax, etc.) and driving toward resolution. Ability to work professionally with individuals at all levels of the corporation and with outside consultants and service providers, managing the work and budget. Team player that prioritizes the success of the team over their own individual success. Demonstrated proficiency in verbal and written communication, as well as the ability to present complex topics in an easy-to-understand way. Proficiency in verbal, written, and presentation skills. Interest in or experience with data science and/or relational databases is a plus. Strong analytical and problem-solving skills. Intellectual curiosity and interest in lifelong learning. PC proficiency, including experience with MS Office Products. Intermediate to advanced Excel skills. Strong focus on continuous improvement, including desire to put in work so processes are more sustainable and error-free in the future. Ability to travel for business purposes outside of the service area (Up to 10%) Additional Information Incumbents may engage in all or some combination of the activities and accountabilities and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision

  • Associate Portfolio Manager

    2 months ago

    Detroit, Michigan, United States Stryker Full time

    We are excited to be named one of the World's Best Workplaces by Fortune Magazine We are proud to offer you 12 paid holidays annually. For an overview of our benefits and time off, please follow this link to learn more:US Stryker employee benefits. )As our Portfolio Manager, you will support the ALS (Advanced Life Support) Portfolio within Stryker Medical's...

  • Senior Portfolio Manager

    16 hours ago

    Detroit, Michigan, United States Huntington National Bank Full time

    About the Role:The Senior Commercial Portfolio Manager – Technology Finance is responsible for evaluating credit exposure for large customer relationships and managing a diverse portfolio. The role involves close collaboration with Sales Representatives, monitoring portfolio risks, and ensuring compliance with regulations. An essential aspect of this role...

  • Investment Portfolio Manager I

    6 days ago

    Detroit, Michigan, United States DTE Energy Full time

    DTE Energy stands as one of the foremost diversified energy enterprises in the nation. Our electric and gas divisions have powered homes and contributed to Michigan's advancement for over a century. As the largest provider of renewable energy in Michigan, we are dedicated to fostering a cleaner and healthier environment for future generations. Our reach...

  • Commercial Property Portfolio Manager

    2 months ago

    Detroit, Michigan, United States Friedman Management Company Full time

    Commercial Property Portfolio ManagerJob DetailsLevelExperienced Job LocationMetro Detroit - Detroit, MI Position TypeFull Time Education Level4 Year Degree Job CategoryReal Estate Become an integral part of the Friedman Team, by becoming the leader of one of our real estate portfolios located in Metro-Detroit This is an excellent opportunity for an...

  • Real Estate Portfolio Director

    2 weeks ago

    Detroit, Michigan, United States Detroit Housing Commission Full time

    The Real Estate Portfolio Director position is to provide strategic oversight for DHC Real Estate Portfolio. This is a senior level position whose purpose is to direct the operation of full-service property management, maintenance, and capital upgrades for a portfolio with over 3,400 public housing units, using capital and operating funding (HUD, grants, and...

  • Commercial RM II

    3 weeks ago

    Detroit, Michigan, United States Fifth Third Bank, N.A. Full time

    Make banking a Fifth Third betterWe connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Responsible for profitable business development and monitor the quality of an existing portfolio of companies with annual gross sales of at least $10 Million within a...

  • Community Land Reuse Programs Project Manager II

    17 hours ago

    Detroit, Michigan, United States Detroit Land Bank Authority Full time

    Job OverviewSalary Range: $53,800 - $72,600Possession of a valid Michigan driver's license is required.MISSION STATEMENTOur objective is to transform the city's neglected and vacant properties into valuable assets. We implement various sales initiatives to facilitate homeownership and land acquisitions for residents. Additionally, we enhance our commitment...

  • Relationship Manager 3

    3 weeks ago

    Detroit, Michigan, United States Fifth Third Bank, N.A. Full time

    Make banking a Fifth Third betterWe connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Responsible for profitable business development as well as monitoring the quality of an extensive existing portfolio of companies with annual gross sales of at least $10...

  • Oncology Patient Care Technician II

    6 days ago

    Detroit, Michigan, United States McLaren Health Care Full time

    Sign-On Bonus: $5,000Department:Intensive Care UnitWork Schedule:7 PM - 7:30 AMShift:NightsBi-Weekly Hours:72Employee Benefits:- 403(b) Retirement Plan- Dental Insurance- Health Insurance- Paid Time Off- Vision InsurancePosition Overview:The Oncology Patient Care Technician II plays a vital role within the patient care delivery team, focusing on both direct...

  • Quality/Risk Specialist II

    2 months ago

    Detroit, Michigan, United States Henry Ford Health System Full time

    GENERAL SUMMARY: Under minimal direction, the Quality/Risk Specialist (QRS) II supports the effective surveillance, analysis, and prevention of events which may injure patients, lead to malpractice claims, and cause loss to the health care system. The QRS II collaborates with multidisciplinary health care teams to reduce and prevent adverse medical outcomes,...

  • Systems Analyst II

    3 weeks ago

    Detroit, Michigan, United States Blue Cross Blue Shield of Michigan Full time

    Blue Cross Blue Shield of Michigan (BCBSM) has an exciting Systems Analyst II opportunity available within the Information Technology Servicing and Operations Support group. About the Role In this Systems Analyst II role, you will plan, test, implement, and validate IT system solutions that improve business efficiency and productivity as well as support...

  • HIM Associate II

    4 weeks ago

    Detroit, Michigan, United States R1 RCM Full time

    R1 is the leading provider of technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems and medical groups. We are the one company that combines the deep expertise of a global workforce of revenue cycle professionals with the industry's most advanced technology platform, encompassing...

  • University Counselor I/II

    1 month ago

    Detroit, Michigan, United States Wayne State University Full time

    University Counselor I/IIWayne State University is searching for an experiencedUniversity Counselor I/IIat its Detroit campus location.Wayne State is a premier, public, urban research university located in the heart of Detroit, Michigan where students from all backgrounds are offered a rich, high-quality education. Our deep-rooted commitment to excellence,...

  • Visitor Experience Associate II

    3 weeks ago

    Detroit, Michigan, United States Detroit Institute of Art Full time

    JOB TITLE: Visitor Experience Associate II DEPARTMENT: Visitor Experience REPORTS TO: Supervisor, Visitor Experience CLASSIFICATION: Full-Time, Non-Exempt REMOTE WORK ELIGIBILITY: Museum - Based SCHEDULE: Contingent Hours GENERAL SUMMARY Under the supervision of the Supervisor and Manager, Visitor Experience , the Visitor Experience Associate II demonstrates...

  • Lean Specialist II

    6 days ago

    Detroit, Michigan, United States MassGenics Full time

    Job Overview:MassGenics is seeking a dedicated Lean Expert II to enhance our operational efficiency. In this role, you will focus on optimizing processes and driving continuous improvement initiatives within our organization.Key Responsibilities:Implement Lean methodologies to streamline operationsCollaborate with cross-functional teams to identify areas for...

  • Quality Engineer II

    1 month ago

    Detroit, Michigan, United States Getinge Full time

    With a passion for life Join our diverse teams of passionate people and a career that allows you to develop both personally and professionally. At Getinge we exist to make life-saving technology accessible for more people. To make a true difference for our customers – and to save more lives, we need team players, forward thinkers, and game changers. Are...

  • Regional Credit Admin Manager

    4 weeks ago

    Detroit, Michigan, United States Huntington National Bank Full time

    Summary: The Regional Credit Admin Manager works with a staff of relationship managers, portfolio managers, underwriters, and regional credit administrators in the credit approval, administration, and review primarily for Huntington's Regional Banking portfolio. This is an on-site or hybrid role with location within the Huntington footprint.Looking to fill...

  • Sr. Consultant

    1 month ago

    Detroit, Michigan, United States Optiv Full time

    This position will be fully remote and can be hired anywhere in the continental U.S.A Senior Consultant is an individual who operates independently without direct supervision who is responsible for leading the delivery of an engagement with the sole intent of providing immense value for Optiv + ClearShark's customers. To be successful in this role, a Senior...

  • Administrative Assistant II

    2 months ago

    Detroit, Michigan, United States Wayne State University Full time

    Administrative Assistant II - CLAS, Dean's OfficeWayne State University is searching for an experiencedAdministrative Assistant II - CLAS, Dean's Officeat its Detroit campus location.Wayne State is a premier, public, urban research university located in the heart of Detroit, Michigan where students from all backgrounds are offered a rich, high-quality...

  • Account Executive

    7 hours ago

    Detroit, Michigan, United States Assistant Secretary for Housing-Federal Housing Commissioner Full time

    About the PositionThis is a challenging and rewarding opportunity to join the Assistant Secretary for Housing-Federal Housing Commissioner team as an Account Executive. In this role, you will be responsible for managing moderate-risk multifamily property portfolios to achieve program goals.Key ResponsibilitiesApply statutes, regulations, and procedures...