Director of Modeling
Cardinal Investment Advisors, LLC
Named one of Pension & Investments BEST Places to Work for the past nine years
www.cia-llc.com
With offices in Chicago, IL and St. Louis, MO, Cardinal Investment Advisors is an employee-owned investment consulting firm advising over $292B in client assets worldwide. Our mission is to serve institutional investors with unique liability streams by developing, implementing, and sustaining customized investment solutions that best enable them to fulfill their investment and operating goals in an independent and conflict-free manner. This includes asset-liability and asset allocation studies, investment manager searches, capital market research, and investment performance analysis.
WHY CARDINAL?
· Team-oriented culture that fosters creativity and diversity of ideas
· Challenging and fast-paced work environment
· Opportunities to learn, develop, and advance at a stable firm with low turnover
· Collegial and friendly atmosphere
· Best-in-industry benefits – including 401(k) retirement plan with generous employer match, employer-funded Health Savings Account, and substantial insurance premium contributions
We are currently seeking a Director of Modeling to join our team in our St. Louis or Chicago Offices.
JOB OVERVIEW: The Director of Modeling will report to the President and be responsible for Cardinal’s quantitative models in support of client services, specifically: Day-to-day management of quantitative models; and the strategic vision for future model development at Cardinal.
Maintaining a best-in-class quantitative modeling service offering will require the Director’s successful creation and use of:
· Training and development programs
· Data acquisition, manipulation, and management
· A scalable service leveraging technology and efficient processes
· Procedural codification and audit
· Fostering creativity and collaboration amongst team members
GENERAL RESPONSIBILITIES
· Responsible for all quantitative modeling tools and resources
· Modeling capacity, resourcing, and needs
· Modeling strategic plan and budget
· Recommendations for hiring and firing of internal and external modeling resources
· Education plan / curriculum for model training
· Partner with Director of Capital Markets for index and market inputs
· Partner with Director of IT for technology needs and resources
· Partner with Director of Manager Research for modeling needs
· Partner with client consulting teams
· Permanent member of internal Investment Policy Committee (IPC)
SUPERVISORY RESPONSIBILITIES
· Establish new organizational formation of modeling team(s) with team leaders
· Conduct and coordinate performance evaluations of team members and team leaders
· Assist in recruiting and hiring team members
KEY DELIVERABLES IN THE ROLE
· Annual report on the modeling function
· Annual Model Audit Reviews
· 3-year strategic plan
· Budget input
· Resource requests
· Personnel development plans
· RFP answers around modeling
EDUCATION, EXPERIENCE AND SKILLSET
· Bachelor’s degree or higher
· At least 10 years of industry experience
· Applied math and statistical analysis
· CFA and actuarial experience desirable
· Programming (VBA, .NET, Python)
· Systems integration experience
· Business Intelligence / data visualization
· Delegation and project management
· Ability to achieve consensus from team
· Prior management experience a plus
Compensation Range: $175,000 - $250,000, plus discretionary bonus.
Please note that the pay range provided is a good faith estimate for the
position at the time of posting. Actual compensation will be dependent on
factors, including but not limited to: the individual’s qualifications; relevant
experience; knowledge; skills; and education.
Cardinal is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Job Type: Full-time
Pay: $175,000.00 - $250,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Health insurance
- Health savings account
- Paid time off
- Retirement plan
- Vision insurance
Schedule:
Ability to Relocate:
- Chicago, IL: Relocate before starting work (Required)
Work Location: In person
