Job Description
Job Description
Location: NYC (in-office)
Company
Majority women-owned independent alternative asset management firm with close to $10bn in AUM that specializes in multi- strategy and opportunistic credit investing.
The Position
The Quantitative Analyst will be based in New York and report to the Director of Portfolio Solutions & Risk Management. Candidates should have one to three years of relevant work experience at a top-tier investment bank or investment management firm. The candidate should have an ability to creatively solve problems, while helping to perform quantitative analysis, researching quantitative and related hedge fund strategies, and present the work internally and externally.
Primary Responsibilities
The Quantitative Analyst will work with the investment and client relations teams, assisting in all aspects of the investment process and support analytical and reporting needs both internally and externally. Responsibilities will include, but are not limited to, the following:
- Produce data-driven analyses on the firm's hedge fund and credit-oriented investments
- Significant contribution to portfolio management system for multi-strategy hedge fund portfolios
- Assist in the development of risk measurement analytics in order to assess portfolio risk and for external presentations
- Complete qualitative and quantitative client deliverables on portfolios and underlying investments
- Collect and maintain hedge fund and private credit portfolio and investment-level data using both internal and external sources
- Monitor hedge fund and credit investments
- Serve as liaison between the investment team and the technology team. Assist in design and implement technology projects on behalf of the risk and investment team
- Leverage technology tools to enhance efficiency to the investment and portfolio management process, focusing on scalability for future growth
- Liaise with Client Relations team to provide key data inputs used in client reporting
- Execute various quantitative research projects
- Conduct ad hoc projects for the investment, risk, and marketing teams
Private Credit
- Collaborate with investment analysts to compile deal characteristics for client requests.
- Work alongside deal teams and ops during the deal closing process to ensure portfolio dashboards are updated, and relevant descriptive and quantitative data is collected for future reporting. Help aggregate and report out investment performance (IRRs) on investments and help portfolio managers identify trends by various deal characteristics
Reporting
• Produce quarterly client performance reporting alongside operations and client service for private credit funds
• Maintain various categorization data including but not limited to asset class, illiquid vs. liquid, coupon category, and geography for all investments for internal and client reporting. Work alongside deal teams to supplement data needed for client requests.
• Help generate relevant asset/investment track records for marketing of new credit products to clients
• Respond to RFP/RFI requests on the portfolios for clients
• Work with IT to create and test new PowerBI functionality and debug issues
Qualifications
- 1-3 years of credit markets strategy, risk, or analytics experience at a top-tier, buy-side investment firm or sell-side research desk
- Superior analytical skills required with extensive experience with fixed income cashflow analytics and statistics, dashboard creation, and database querying and management. Strong background in quantitative analysis
- Software experience in PowerBI, VBA, Bloomberg (API/BQL) or R is a plus
- Knowledge in SQL Server Technologies: SQL, Excel & VBA, Microsoft Visual Studio, SQL Server Reporting Service (report design, aggregations, customizations) preferred
- Experience and interest across various credit asset classes, both public and private is a plus
- Proficient with risk analytics using statistical packages (such as R or MATLAB)
- Proficient with Bloomberg and other market data sources
- High attention to detail with commitment to maintaining accuracy of data and preventing errors
- Strong knowledge of financial instruments; familiarity with hedge fund and private credit strategies are a plus
- Knowledge of programming skills and experience in software development a plus
- Ability to work under pressure and meet deadlines
- Ambitious self-starter and team player with highly proactive mentality and ability to anticipate
- A strong academic background and a degree from a top university