Senior Portfolio Manager

About Manzil

Manzil gives Muslim and ethically-conscious Americans a way to invest the halal way—anytime, anywhere. Through our US registered investment adviser, Manzil Investment Advisors, LLC, clients access Shariah-screened stocks and professionally managed, values-aligned portfolios that keep their money working ethically—avoiding riba (interest), gharar (excessive uncertainty), and harmful industries, while focusing on real economic activity and genuine value creation. Our investing is screened to AAOIFI standards and overseen by an independent Shariah Supervisory Board, and our flagship fund is the Manzil Russell Halal USA Broad Market ETF (MNZL), a Nasdaq-listed ETF.

We are looking for an investment professional who shares our commitment to excellence, integrity, and ethical, faith-aligned investing.

The Role

We are hiring a Portfolio Manager to lead the day-to-day management of our Nasdaq-listed ETF and our model portfolios, while supporting the compliance function of the RIA. This is a senior, hands-on role that blends portfolio management, product construction, and regulatory stewardship. You will be a registered Investment Adviser Representative (IAR) and a key steward of client assets and the firm’s investment integrity.

Key Responsibilities

ETF & Fund Management

1. Manage the day-to-day investment activities of the Manzil Russell Halal USA Broad Market ETF (MNZL), including portfolio construction, rebalancing, trade execution oversight, and tracking against the fund’s mandate and benchmark.

2. Work day-to-day with our ETF service vendors and with FTSE Russell on index, screening, rebalancing, and fund operations.

3. Monitor portfolio risk, performance attribution, liquidity, and adherence to Shariah/AAOIFI screening criteria in coordination with the firm’s Shariah governance process.

4. Coordinate with leadership, fund administrators, and custodians to ensure smooth fund operations.

Model Portfolio Construction

• Design, build, and maintain Shariah-compliant model portfolios across a range of risk profiles and client objectives.

• Conduct ongoing research, security selection, and asset allocation consistent with halal investing principles, avoiding riba, gharar, and prohibited industries.

• Document investment methodology and maintain clear, repeatable processes for portfolio reviews and rebalancing.

Compliance & Governance

• Support and help administer the RIA’s compliance program, including monitoring, recordkeeping, trade and personal-account oversight, regulatory filings such as Form ADV, and adherence to SEC/state requirements.

• Help maintain and update compliance policies and procedures, and partner with leadership and outside counsel/consultants on regulatory matters.

• Uphold fiduciary standards and the firm’s Shariah governance framework in all investment activity.

Required Qualifications

• Active registration as an Investment Adviser Representative (IAR), with the Series 65 or an equivalent qualifying combination such as Series 7 + Series 66, or a qualifying professional designation that waives the exam, such as CFP®, ChFC®, PFS, or CIC.

• 7+ years of relevant investment experience, including portfolio management and/or wealth management.

• Demonstrated experience managing a book of business of $10M+ in assets, or comparable fund/portfolio responsibility.

• Bachelor’s degree in finance, economics, accounting, business, or a related field.

• Strong knowledge of equity markets, ETFs, portfolio construction, and risk management.

• Solid understanding of RIA compliance obligations and fiduciary duty under the Investment Advisers Act.

• Excellent analytical and communication skills, with high ethical standards and attention to detail.

Preferred Qualifications

• Advanced degree such as an MBA or MS Finance is a plus.

• Familiarity with Shariah-compliant / halal investing and AAOIFI screening standards, or genuine interest in learning them.

• Prior experience managing or supporting a registered fund such as an ETF or mutual fund, and working with index providers, fund administrators, custodians, and broker-dealers such as Alpaca.

• Experience holding or supporting a Chief Compliance Officer (CCO) function at an RIA.

• Alignment with Manzil’s mission and respect for the values of our client community.

What We Offer

• The opportunity to shape investment products in a fast-growing, mission-driven Islamic FinTech.

• A senior seat with real ownership over a Nasdaq-listed ETF and the firm’s model portfolios.

How to Apply

Please submit your resume and a brief note on your investment philosophy to careers@manzil.co.

Manzil is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.