This is a corporate finance role for a large public company. What does a job like this entail? Is this similar to fund of funds analysis? What are the possible exit opps? Salary range? Investment Analyst Supports the development, evaluation, implementation & oversight of investment strategies for employee benefit plan assets. Develops & maintains industry leading knowledge of investment strategies, instruments, management firms & capital market developments. Assists in determining investment strategy for assigned asset classes and ensuring compliance with policy direction from IC, SEC, federal/state laws, ERISA. Participates in due diligence to evaluate managers/products/strategies. Should be familiar with modern portfolio theory, risk management concepts, portfolio construction, and industry accepted analytic tools. Experience in alternative assets a plus.
sounds like an investment consulting analyst position. very specific to pension plans. create IPS, asset allocation etc. potentially could lead to being a Treasurer, CFO for a pension plan or an investment consultant. job’s steady but not sexy.
Agree with needhelp. Sounds like a consulting/private wealth management type gig. You’re not going to get rich doing it unless you own the firm, but I would say in this market it is probably better than a lot of other alternatives. BTW, how the hell are you getting so many interviews??
I work at a foundation in a similar role (but we probably have a more “exciting” asset allocation). I’m not sure what the salary range would be in your case. I am thinking of fund of funds/private wealth management/family offices as potential exit opps, also consulting (but who would want to do that?). It should be a stable gig, not terrible hours, could be a chance to get exposure to some interesting managers. The downside is that a lot of what you’ll be doing (if it’s similar to my role) will be wrangling with legal files rather than analyzing companies, the economy, etc. But in this environment, you can’t afford to be too choosy. Good luck!
haha I’m not getting THAT many. I search everyday man. EVERY DAY. I sneak over to the Bloomberg terminal about 5x per day to search the jobs section. I check job boards, give my contact info/resume to anyone I ever meet who is at a decent company, e-mail companies regardless if they have openings or not, & also talk to recruiters who mostly try to send me garbage. Since starting my search back in July, I’ve only had about 7 interviews. Only 2 of those were for front office analyst positions - one at a large asset manager & the other at a start-up HF. The others were middle office roles like performance analysis or the like. I once had a phone interview for a Trader position. I got a call this morning for the job in the OP, but I’m hesitant to call back. I might just go on the interview and see what happens, but it doesn’t sound very great. Thanks for the input guys. JohnThainsLimoDriver Wrote: ------------------------------------------------------- > Agree with needhelp. Sounds like a > consulting/private wealth management type gig. > You’re not going to get rich doing it unless you > own the firm, but I would say in this market it is > probably better than a lot of other alternatives. > BTW, how the hell are you getting so many > interviews??
Early career role. May involve picking up food on lunch hour. The keys are the word “supports” and experience with alt investments a “plus.” Career upside is better than most at that level. A person in NYC who landed a role like that got a $60K salary from a very generous employer. Could have been as low as $50K. The next job will likely be a 40-75% jump in pay if done right.
Your basically going to work with consultants and investment staff to create reports for the Board of Directors/CFO/Treasurer. Keep track of the current investments and analysis new investments. Some-what interesting but its definally not Equity Research. You can jump to Treasury, finance departments, Endowment/Foundation/Consulting. Possible jump to HFoF or PE FoF if you analysis alot of private investments. 40-60k 0-10% bonus for 1-5 years experience 60-90k 0-25% bonus for 5-15 years experience 9-5pm
If your coming out of a back office job or out of school …this would be a great learning experience . I work in a similar role . I’m in canada so I can’t really comment on the comp. but my best guess would be b/w 50-60 K .
One additional plus is that it’s a great training ground for a CFA candidate. It’ll touch on a lot of topics. Not all, but a lot.
The job description above is all in the Level 3 curriculum