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Hedge Fund Manager Research, Senior Analyst

Bank of America
New York, NY
  • Job Code
    bankofamerica-16052242NewYorkNY
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Company Bank of America

Job Title Hedge Fund Manager Research, Senior Analyst

Jobid bankofamerica-16052242NewYorkNY

Location: New York, NY, 10176, USA

Description **Job Description:**



Works with senior team to evaluate and monitor hedge fund investments for the banks wealth management division. The position sits within Global Wealth & Investment Management, Chief Investment Office, Alternative Investments Due Diligence (GWIM, CIO, AI Due Diligence). AI Due Diligence is dedicated to identifying the best managers, funds and strategies to fulfill client asset allocation mandates across the Bank of America and Merrill Lynch platforms. AI Due Diligence supports Merrill Lynch, Bank of America and US Trust clients and associates. This position will be based in New York City and will be responsible for:



+ Monitoring existing hedge funds in which the group has invested, and tracking and maintaining portfolio information and other related data. For some funds, the candidate will be the lead analyst from an investment due diligence perspective, responsible for making sure all monitoring functions are executed in a complete and timely fashion.

+ Preparing written findings and presenting those findings in internal group meetings.

+ Preparing monthly commentary and data on hedge funds for use in monthly and quarterly reports.

+ Forming opinions on funds, being able to back those opinions up with facts and data, and being able to communicate them with internal partners as well as financial advisors and clients. Forming opinions on hedge fund strategies and their performance outlook over the medium term and being able to clearly articulate and explain the rationale behind them.

+ Working with the team to help identify existing and emerging hedge funds worthy of deep investigation through network, research and conferences.

+ Assisting with comprehensive due diligence on new funds, including evaluating stated strategies, the investment process, risk controls, team capabilities, fund particulars (such as structure, domicile, fees, and other factors), and an array of quantitative measures.

+ Analyzing risk and return profiles as well as performing pro forma portfolio analysis.



Enterprise Role Overview:



Experienced quantitative equity portfolio manager or research analyst. Manages medium to large sized accounts and/or independently conducts equity research studies. Acts independently within investment policy guidelines. Focus on model building and refinement and/or portfolio construction. May be involved in sales and possibly relationship management. May serve on investment committee. Often manages more junior staff. Typically has 7 or more yrs investment experience. Due to more limited experience and/or less consistent performance, does not have the level of internal and external recognition/prominence of a Senior Investment Staff I.



+ An undergraduate degree from a top-tier educational institution is highly preferred. A graduate degree or CFA designation would be highly beneficial.

+ Five plus years of experience in the financial sector and at least three years in the analysis of hedge funds or traditional equity and fixed income funds. Experience on the buy-side working in investment management as an analyst or portfolio manager is useful.

+ Strong quantitative and modeling skills and experience are required. A demonstrated ability to interpret statistics such as returns (measured over different time periods and market conditions), risk measurements and correlations is essential.

+ Ability to conduct and lead meetings with portfolio managers. Demonstrated sound qualitative judgments on managers. Ability to assess investment process, team, risk controls, and other fund particulars (such as liquidity, vehicle structure, fees, and domicile) combined with the capability to evaluate whether they are being executed properly.

+ Knowledge of most asset classes and the performance of different investment strategies in diverse environments.

+ Ability to dig deeply into portfolios and understand the sources of return and the elements of risk.

+ A passionate interest in investments or finance and strong analytical, research, and organizational skills are required.

+ Must be a team player with a desire to work in a collegial environment

+ A network of contacts helpful in conducting research, such as relationships in the hedge fund community, or with prime brokers or sales and trading professionals is helpful.

+ Strong written and oral communication skills.

+ Superior attention to detail and the ability to independently manage multiple projects in an accurate and timely manner is essential.

+ Must have a 7 and 66 or achieve the licenses within 120 days



**Posting Date** : 12/21/2016



**Location** : US-NY-New York



**Travel** : Yes, 20% of the time



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.



Categories

  • Management

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Hedge Fund Manager Research, Senior Analyst

Bank of America
New York, NY

Share this job

Hedge Fund Manager Research, Senior Analyst

Bank of America
New York, NY

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