We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.
Position Overview:
StepStone Group LP (StepStone) seeks a Vice President, Portfolio Management for its La Jolla, CA location.
Essential Job Functions:
- Origination and development of new analytical products and quantitative solutions that expand the firm’s private markets capabilities and support new revenue generating initiatives.
- Analyze large private markets datasets to identify performance trends, risk factors, and portfolio drivers and develop quantitative outputs supporting investment and portfolio decisions.
- Coordinate cross-functional research initiatives that integrate quantitative analysis, market data, and investment themes leveraging internal AI tools to support strategic decision making.
- Conduct applied research and prepare written analytical materials including white papers, technical reports, and research briefs related to portfolio construction, private markets, and investment analytics.
- Produce client ready analytical and presentation materials using Excel and PowerPoint, including validation checks and visualization, and lead technical question and answer discussions presenting portfolio construction analysis and quantitative results to internal and external audiences.
- Present quantitative research findings at industry conferences and professional events and contribute analytical materials to internal knowledge resources.
- Drive client engagements and collaborate with external academic researchers on quantitative research initiatives related to portfolio construction and private markets analytics, including coordination of research scope, analytical methodologies, and presentation of findings.
- Supervise and develop a team of analysts by assigning analytical responsibilities, reviewing quantitative models and research outputs, providing technical guidance, and evaluating deliverables for accuracy and methodological rigor.
Qualifications:
- Must have a Master’s degree or foreign equivalent in Mathematics, Statistics, Biostatistics, Econometrics, Engineering Management, or closely related quantitative field
- Three (3) years of experience in the position offered, as a Quantitative Analyst/Associate, or closely related position in the financial services industry. In the alternative, will accept a Bachelor’s degree in the fields above followed by five (5) years of progressive, post-bachelor’s experience in positions specified above.
- Full term of experience must include:
- Leveraging public and private financial instruments and data sources, including equities, fixed income, macroeconomic indicators, interest rates, and currency data, for use in quantitative financial modeling;
- Applying private markets concepts, including performance and risk metrics, fee structures, liquidity modeling, and capital pacing, in portfolio construction and valuation models;
- Analyzing private equity, private debt, real estate, and real assets investments, including primaries, secondaries, and co-investment structures;
- Developing, validating, and modifying financial models using Microsoft Excel, Python, and R, including equity and debt structures, cash flow projections, and return calculations;
- Performing statistical analysis and applied financial research using structured and unstructured private markets datasets, including data extraction, cleaning, and transformation;
- Supervising and coordinating analytical staff in the development of financial models, research outputs, or analytical deliverables;
- Developing and managing multi-asset class portfolios across private markets strategies to achieve targeted risk, return, and liquidity objectives.
- Must also have at least two (2) years of experience with the following:
- Preparing analytical and presentation materials using PowerPoint for investment analysis, portfolio construction, and client reporting;
- Utilizing AI enabled or large language model tools to support data analysis, modeling, automation, and workflow efficiency;
- Preparing written analytical materials, including white papers, technical reports, or research briefs, documenting quantitative investment analysis.
Direct applicants only.
May telecommute up to 2 days per week. 5% domestic travel required. Salary is $179,000.22/year; 40 hrs/wk. Qualified applicants may visit our website at https://www.stepstonegroup.com/current-opportunities/ and apply online (Job ID 12312/AC). Direct applicants only. StepStone is an EEO/AA Employer.
The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.
#LI-Hybrid
At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.
As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.
Candidates must be at least 18 years old to apply.
Developing People at StepStone
Skills Required
- Master's degree or foreign equivalent in Mathematics, Statistics, Biostatistics, Econometrics, Engineering Management, or a closely related quantitative field
- Three years of experience in the position offered, as a Quantitative Analyst or Associate, or in a closely related financial services position
- Alternatively, a bachelor's degree in a specified quantitative field followed by five years of progressive post-bachelor's experience in the specified positions
- Experience leveraging public and private financial instruments and data sources, including equities, fixed income, macroeconomic indicators, interest rates, and currency data, for quantitative financial modeling
- Experience applying private markets concepts, including performance and risk metrics, fee structures, liquidity modeling, and capital pacing, in portfolio construction and valuation models
- Experience analyzing private equity, private debt, real estate, and real assets investments, including primary, secondary, and co-investment structures
- Experience developing, validating, and modifying financial models using Microsoft Excel, Python, and R, including equity and debt structures, cash flow projections, and return calculations
- Experience performing statistical analysis and applied financial research using structured and unstructured private markets datasets, including data extraction, cleaning, and transformation
- Experience supervising and coordinating analytical staff in developing financial models, research outputs, or analytical deliverables
- Experience developing and managing multi-asset class portfolios across private markets strategies to achieve targeted risk, return, and liquidity objectives
- At least two years of experience preparing analytical and presentation materials using PowerPoint for investment analysis, portfolio construction, and client reporting
- At least two years of experience utilizing AI-enabled or large language model tools for data analysis, modeling, automation, and workflow efficiency
- At least two years of experience preparing written analytical materials, including white papers, technical reports, or research briefs, documenting quantitative investment analysis
StepStone Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about StepStone Group and has not been reviewed or approved by StepStone Group.
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Healthcare Strength — Health coverage is described as generous with multiple plan options, and in some cases employee‑only premiums are fully paid. Feedback suggests wellness resources and plan choice enhance the overall value of the package.
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Retirement Support — Retirement offerings include a 401(k) program that is viewed favorably. Feedback suggests long‑term incentive elements complement core retirement benefits.
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Parental & Family Support — Parental support includes leave coaching, paid parental leave, and resources for new parents alongside related travel and logistical supports. Feedback suggests these policies are a meaningful part of the benefits package.
StepStone Group Insights
What We Do
StepStone Group (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to our clients. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals.StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.
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