Manager Research (Investment Solutions Group), Assistant Vice President - State Street Investment Management📣 Job Ad

About the Role

State Street Investment Management is seeking a Manager Research, Assistant Vice President to join its Investment Solutions Group. This role is based in Riyadh, Saudi Arabia, and focuses on underwriting long-only equity and fixed income strategies, with a specific emphasis on Middle East and Shariah/Sukuk strategies. The position also supports the underwriting of alternative managers across private equity, private credit, and private real estate. The role requires a strong understanding of public markets investment manager underwriting and a proven investment track record. The successful candidate will generate research and recommendations aligned with client portfolio requirements, communicate investment views effectively, and collaborate with a dedicated team.

This opportunity within a global investment management firm offers a chance to contribute to the growing Middle Eastern market. Responsibilities include building relationships with investment management teams, conducting thorough due diligence, and integrating regional insights into global strategies. Periodic travel to meet with investment management teams is expected.

Key Responsibilities

• Conduct in-depth due diligence on investment managers across various asset classes, with a primary focus on equity and fixed income, evaluating their strategies, team capabilities, historical performance, and risk management controls.
• Lead the end-to-end manager selection process for multi-manager portfolios, including screening potential managers, underwriting mandates, presenting research-backed recommendations to clients and prospects, and ensuring alignment with portfolio objectives and fiduciary standards.
• Oversee the ongoing monitoring of selected investment managers, maintaining a watch list, tracking performance and risk metrics, conducting regular reviews, preparing oversight reports, and identifying emerging issues.
• Communicate manager strategies, performance assessments, and outlooks to diverse stakeholders, and support client engagements, including responding to Requests for Proposals (RFPs) and participating in client meetings.
• Focus on global manager research with an initial emphasis on the Middle East and North Africa (MENA) region, building local manager relationships, conducting on-site due diligence, and integrating regional investment insights into the global research framework.
• Collaborate closely with Global Investment Risk, Operational Due Diligence (ODD), and Compliance teams to ensure comprehensive manager reviews.
• Mentor and guide junior analysts, contributing to their professional development and refining the team's research processes and methodologies.
• Explore and apply Artificial Intelligence (AI) tools to enhance manager due diligence and oversight functions.
• Interface and communicate effectively with clients and internal stakeholders regarding investment manager performance and strategy.

Qualifications and Requirements

• A minimum of 3 years of experience in investment manager due diligence, with a demonstrated ability to present findings and recommendations to internal committees and/or clients.
• Experience conducting manager research across alternative asset classes such as private equity, private credit, private real estate, and venture capital is considered a significant advantage.
• A professional designation such as CFA (Chartered Financial Analyst) or an MBA (Master of Business Administration) is preferred.

Required Skills

• Investment Manager Underwriting
• Public Markets Investment Research
• Alternative Asset Classes Analysis
• Due Diligence Methodologies
• Manager Selection and Portfolio Construction
• Ongoing Manager Monitoring and Oversight
• Strong Communication and Presentation Skills
• Effective Collaboration and Teamwork
• Proficiency in utilizing AI Tools for Research

Work Environment and Travel

This is a full-time position based in Riyadh, Saudi Arabia. Candidates must be willing to undertake periodic travel across the MENA and APAC regions as required by the role.