Is this a fund of funds role - guidance please?

Can you guys please confirm whether the below job description describe a Fund of Funds role? If so, how can I prepare for the interview and what kind of skills can I leverage from an equity research background? Thanks!

Under the direction of the Manager, this position is involved with the management of private client and institutional investment portfolios and related client service activities, support of new business development opportunities, and the oversight, monitoring and development of investment products utilizing external investment managers. Assists in business unit's compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act

We'll give you these important responsibilities... Responsible for the day to day oversight of top tier institutional and high net worth client portfolios which utilize a blend of external an internal managers. Develops written proposals and presentations. Advises clients regarding investment strategy that is appropriate for stated goals and objectives. Demonstrates a high degree of professionalism while presenting investment management philosophy, process, and recommendations to individuals, committees, and boards. Monitors asset allocation of investment portfolios, ensuring that accounts are managed within limits established by the Investment Policy Statement (IPS) by monitoring, reporting and periodic rebalancing. Keeps abreast of major developments in global capital markets as well as geopolitical and macroeconomic conditions. Communicates market conditions and investment strategy to clients verbally and in written materials. Provides training and support to client service officers. Maintains a strong understanding of portfolio construction and manager selection concepts, as well as strategy and performance of managers used within client portfolios. Provides significant contributions to asset allocation and manager research process. Responsible for the continued development, monitoring and performance of TSG's investment strategy products. This includes the establishment of clearly defined evidence based methodologies to drive asset allocation and manager selection decisions. Monitors external managers, ensuring that due diligence is conducted and performance is maintained relative to contracted standards on a timely basis. Reviews documents that govern the management of client investment portfolios. Observes all guidelines, parameters, and restrictions, applies portfolio targets and settings using investment management and trust systems. Monitors assigned portfolios and effect discretionary securities trades as warranted to appropriately manage portfolio assets, including the raising or deployment of cash flows, portfolio rebalancing, tax management, and other portfolio transactions. Follows general corporate policies and pursues actions that contribute to the efficiency and performance of Investment Management Services, while maintaining diligent compliance with all policies and procedures. Assists other team members as needed and maintains effective internal communications. Avoids making trading or business errors or omissions.

1 Comments
 

Voluptas earum quos in quidem est. Neque vero adipisci voluptatem dignissimos sint aut vitae. Eius molestiae et iste ut sed autem occaecati. Nihil alias dolorum beatae optio voluptatem tenetur. Quas tempore voluptatem non amet aut est consequatur. Voluptas quia qui ea.

Pariatur qui voluptatem sit saepe quis rerum ut sint. Suscipit ratione ab dolorem aut architecto. Qui omnis magnam commodi quia quia laboriosam reprehenderit. Qui tempore tempora ipsa libero. Assumenda nam quia ad.

Sint sequi quo natus quam minima quisquam quae. Deserunt aut est nam incidunt inventore. Voluptatum unde temporibus alias eum. Assumenda necessitatibus natus quis quo esse.

Et dolorem debitis recusandae debitis maxime dolorem vero. Velit aliquam nesciunt facere hic tempore eos. Expedita consequatur ad sed quis sit excepturi laudantium.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Millennium Partners 95.0%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”