Head of Tactical Asset Allocation (TAA)

Asset Allocation & Diversified Investments

Role Overview

Investment Strategy & Portfolio Management

• Lead the design and execution of tactical asset allocation strategies across global asset classes, including:
• Global equities
• Sovereign and corporate bonds
• Credit instruments
• Foreign exchange
• Commodities
• Identify high-conviction opportunities driven by macroeconomic trends, market dislocations, and relative value.
• Translate macro views into actionable portfolio positioning and trade ideas.
• Oversee portfolio construction, including sizing, timing, and implementation of trades.
• Ensure alignment with overall strategic asset allocation (SAA) and investment objectives.

Research & Market Analysis

• Direct top-down macroeconomic and cross-asset research to inform tactical positioning.
• Integrate fundamental, quantitative, and technical analysis into the investment process.
• Monitor global economic indicators, central bank policies, geopolitical developments, and market sentiment.
• Develop proprietary models, frameworks, and signals to enhance decision-making.

Risk Management

• Own the risk framework for TAA portfolios, including:
• Market, liquidity, and counterparty risks
• Stress testing and scenario analysis
• Drawdown and volatility management
• Ensure robust risk budgeting and adherence to investment guidelines.
• Work closely with risk and compliance teams to maintain governance standards.

Team Leadership & Collaboration

• Lead, mentor, and develop a high-performing team of multi-asset strategists and analysts.
• Foster a collaborative, intellectually rigorous investment culture.
• Partner with portfolio managers, trading desks, and risk teams to ensure efficient execution and alignment.
• Contribute to broader Asset Allocation & Diversified Investments strategy and discussions.

Trading & Execution Oversight

• Oversee implementation of trades across asset classes, ensuring best execution practices.
• Collaborate with trading teams on liquidity, timing, and market impact considerations.
• Evaluate and utilize a range of instruments (cash, derivatives, ETFs, futures, options).

Stakeholder Engagement & Reporting

• Present investment views, strategy updates, and performance to senior management and investment committees.
• Communicate clearly with internal stakeholders on positioning, risks, and outlook.
• Contribute to client-facing materials where required.

Experience

• 12–18+ years of experience in multi-asset investing, macro strategy, or asset allocation.
• Proven track record in tactical asset allocation and active portfolio management.
• Experience across multiple asset classes (equities, fixed income, FX, commodities, credit).
• Prior leadership experience managing investment teams.

Education & Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, or related field.
• Advanced degree (MBA, MSc, PhD) preferred.
• CFA or equivalent professional designation strongly preferred.

Technical Skills

• Strong understanding of global macroeconomics and financial markets.
• Experience with quantitative models and data-driven investment processes.
• Proficiency in portfolio construction, risk systems, and analytics tools.
• Familiarity with derivatives and hedging strategies.

Leadership & Personal Attributes

• Strategic thinker with strong decision-making capabilities under uncertainty.
• High conviction investor with disciplined risk management mindset.
• Excellent communication and presentation skills.
• Collaborative leadership style with ability to influence senior stakeholders.
• Intellectual curiosity and continuous learning mindset.

Success Measures

• Consistent delivery of risk-adjusted returns versus benchmarks.
• Effectiveness of tactical positioning during different market regimes.
• Strength and scalability of the TAA investment framework.
• Team performance, development, and retention.
• Quality of insights and contribution to firm-wide investment strategy