Wealth Practice Manager, VP

Job Summary Wealth Practice Managers have two overall responsibilities. They serve as managers of a wealth consulting team, or Practice, and contribute to individual projects while serving as senior subject‑matter experts. As a manager, Practice Managers lead teams of consultants who are subject‑matter experts in the implementation of the Charles River Investment Management Solution (CR IMS). What We Are Looking For Hiring and staff development of team members as well as all administrative responsibilities including objectives, reviews, promotion recommendations and time & expense approval. Utilization of the team to deliver successful projects while meeting financial goals. Development of the ‘Best Practices’ which govern wealth CRIMS implementations. What You Will Be Responsible For Manage staffing to optimize utilization of your team. Use project assignments to expand your team’s skillset. Provide career path guidance. Partner with the recruiting team to hire talent at junior and senior experience‑levels. Set objectives and evaluate team members. Make promotion recommendations. Lead efforts to develop implementation Best Practices in your team. Promote your team's effective use of Best Practices in their projects. Manage your team's relationship with Product Management. Optimize Product's involvement in projects so that they are providing necessary implementation guidance and receiving useful feedback from the field. Provide a support network for your team to leverage during their project work. This is critical to project success as well as staff retention efforts. Ensure your team is supporting the staffing process, time & expense process, technology adoption and other organizational initiatives. Lead the development of domain expertise in your team. Build awareness within your team of the emerging business & technical drivers which are impacting our customers. Help to create or drive forums to share expertise throughout CRD. Serve as subject‑matter expert in wealth management implementation and upgrade projects. Analyze and evaluate requirements while providing product expertise and guidance throughout the project. Ensure the solution meets the client’s business needs and that the client is prepared to assume ownership and operate the solution after go‑live. Provide assistance to other members of the Professional Services team and proactively develop and share best practices. Educate clients on the functionality provided by CRIMS. Advise on best practices regarding the implementation and operation of Charles River solutions and services. Monitor and evaluate client requirements to identify potential enhancements to Charles River solutions and services. Document and communicate product improvements as part of client‑specific implementation projects or in response to trends in the marketplace. Contribute to software quality by clearly communicating defects to Technical Support and Product Management. What We Value Experience managing investment professionals; experience managing consulting teams is preferred. Experience supporting or implementing wealth management solutions within a wealth management firm or a software provider. Experience with managed account (SMA/UMA) programs, mutual fund wrap programs, Rep as PM, and Rep as Advisor programs is especially valuable. Strong knowledge of wealth management industry practices. Experience with asset allocation, model management, portfolio construction, model‑based portfolios, drift monitoring, tax optimization, pre‑trade compliance, and rebalancing, trading, performance reporting workflows. Basic command of SQL and understanding of relational databases. Familiarity with FIX or similar protocols is a plus. A strong record of client service. Practice Managers must understand client needs and build effective relationships. Must have the ability to work within a team environment and be focused on providing high‑quality service to our clients. Team player who shares knowledge and experience openly. Mentor less‑experienced colleagues while leveraging the expertise of more‑experienced colleagues. Strong verbal and written communication skills including the ability to convey plans, issues and risks to clients and team members in a clear and concise manner. Strong problem‑solving skills. Analytical thinker who can decompose complex issues into components and perform root cause analysis. Strong time management skills including the ability to manage multiple projects in parallel. Education & Preferred Qualifications Four (4) year degree in a business or technical field such as Finance, Mathematical Finance, Economics, Engineering, or Computer Science. An advanced degree or industry certification such as the CFA is a strong plus. 8+ years of experience. Additional Requirements The ability to travel to client sites throughout the United States and Canada as well as the ability to work effectively when remote from clients. Travel of 30‑50% is typical but may exceed that at any given year. Salary Range $125,000 - $215,000 Annual. Benefits Retirement savings plan (401K) with company match. Insurance coverage including basic life, medical, dental, vision, long‑term disability, and other optional additional coverages. Paid‑time off including vacation, sick leave, short term disability, and family care responsibilities. Access to our Employee Assistance Program. Incentive compensation including eligibility for annual performance‑based awards (excluding certain sales roles subject to sales incentive plans). Eligibility for certain tax advantaged savings plans. Equal Opportunity Employer As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. Job Application Disclosure It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Job ID: R-785333 #J-18808-Ljbffr State Street