Portfolio Manager -Private Asset Management (Fairfax, VA or Washington, DC)
TIAA, Bethesda, MD, United States
Portfolio Manager, Private Asset Management
The Portfolio Manager, Private Asset Management serves as a central point of contact for high net worth clients and is responsible for overseeing investment portfolios and delivering personalized advice. This role involves direct portfolio oversight, regular engagement with clients, and thoughtful implementation of asset allocation strategies. Key Responsibilities and Duties
Builds successful investment portfolios informed by market conditions and economic trends. Maintains accurate records and documentation for audits and client reporting. Recommends portfolio adjustments to grow client’s net worth based on industry trends identified through market and risk analysis. Executes securities transactions in client portfolios to maintain a specific investment strategy or to reach an investment objective. Determines acceptable risk levels with clients based on time frames, risk preferences, return expectations, and market conditions. Evaluates the performance of investment portfolios and ensures compliance with standards provided by regulatory organizations including conformance with investor disclosures, privacy laws, anti-money laundering requirements, and anti-fraud measures. Maintains new and existing client relationships, including informing clients of market conditions, updating them on investment research and economic trends, and meeting with them to discuss their portfolio performance and investment objectives. Maintains and informs team of updated knowledge of capital markets and the investment management industry to make informed decisions and implement best practices. Provides input into investment models and allocation frameworks. Supports business development and client retention initiatives. Additional Responsibilities
All licenses must be obtained within 120 days from start date. Educational Requirements
University (Degree) Preferred Work Experience
5+ Years Required; 7+ Years Preferred FINRA Registrations
SRC Indicator: Series 65 Physical Requirements
Physical Requirements: Sedentary Work Career Level
8IC Location
This position is deemed Hybrid Flex which means this position will not be a fully remote position but will allow for some flexibility. Target location(s) for this opportunity is Fairfax, VA or Washington, DC. Related Skills
Change Management Client Financial Planning Client Relationship Management Communication Data Analysis Due Diligence Executive Presence Financial Acumen Investment Reporting Oversight Portfolio Management Resourcefulness Tax Compensation
Base Pay Range: $124,000 / yr - $155,000 / yr. Actual base salary may vary based on factors such as relevant experience, time in role, internal peer salary, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include participation in incentive programs (e.g., annual discretionary incentive programs, non‑annual sales incentive plans, or other non‑annual incentive plans). Posting End Date
2026-05-01 Equal Opportunity
We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status. Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. If You Are a U.S. Applicant And Desire a Reasonable Accommodation To Complete a Job Application Please Use One Of The Below Options To Contact Our Accessibility Support Team Phone: (800) 842-2755 Email: accessibility.support@tiaa.org Drug and Smoking Policy
TIAA maintains a drug-free and smoke/free workplace. Privacy Notices
For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here. For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here. For Applicants of TIAA Global Capabilities, click here. For Applicants of Nuveen residing in Europe and APAC, please click here.
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The Portfolio Manager, Private Asset Management serves as a central point of contact for high net worth clients and is responsible for overseeing investment portfolios and delivering personalized advice. This role involves direct portfolio oversight, regular engagement with clients, and thoughtful implementation of asset allocation strategies. Key Responsibilities and Duties
Builds successful investment portfolios informed by market conditions and economic trends. Maintains accurate records and documentation for audits and client reporting. Recommends portfolio adjustments to grow client’s net worth based on industry trends identified through market and risk analysis. Executes securities transactions in client portfolios to maintain a specific investment strategy or to reach an investment objective. Determines acceptable risk levels with clients based on time frames, risk preferences, return expectations, and market conditions. Evaluates the performance of investment portfolios and ensures compliance with standards provided by regulatory organizations including conformance with investor disclosures, privacy laws, anti-money laundering requirements, and anti-fraud measures. Maintains new and existing client relationships, including informing clients of market conditions, updating them on investment research and economic trends, and meeting with them to discuss their portfolio performance and investment objectives. Maintains and informs team of updated knowledge of capital markets and the investment management industry to make informed decisions and implement best practices. Provides input into investment models and allocation frameworks. Supports business development and client retention initiatives. Additional Responsibilities
All licenses must be obtained within 120 days from start date. Educational Requirements
University (Degree) Preferred Work Experience
5+ Years Required; 7+ Years Preferred FINRA Registrations
SRC Indicator: Series 65 Physical Requirements
Physical Requirements: Sedentary Work Career Level
8IC Location
This position is deemed Hybrid Flex which means this position will not be a fully remote position but will allow for some flexibility. Target location(s) for this opportunity is Fairfax, VA or Washington, DC. Related Skills
Change Management Client Financial Planning Client Relationship Management Communication Data Analysis Due Diligence Executive Presence Financial Acumen Investment Reporting Oversight Portfolio Management Resourcefulness Tax Compensation
Base Pay Range: $124,000 / yr - $155,000 / yr. Actual base salary may vary based on factors such as relevant experience, time in role, internal peer salary, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include participation in incentive programs (e.g., annual discretionary incentive programs, non‑annual sales incentive plans, or other non‑annual incentive plans). Posting End Date
2026-05-01 Equal Opportunity
We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status. Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. If You Are a U.S. Applicant And Desire a Reasonable Accommodation To Complete a Job Application Please Use One Of The Below Options To Contact Our Accessibility Support Team Phone: (800) 842-2755 Email: accessibility.support@tiaa.org Drug and Smoking Policy
TIAA maintains a drug-free and smoke/free workplace. Privacy Notices
For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here. For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here. For Applicants of TIAA Global Capabilities, click here. For Applicants of Nuveen residing in Europe and APAC, please click here.
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