Junior Research Analyst

SummaryThe Junior Analyst role at First Trust Alternative Investment Research ("FT AIR") is focused on supporting all aspects of the investment due diligence efforts with respect to the firm's hedge fund, private equity, venture capital, real estate, private credit, and liquid alternatives investments and related co-investment opportunities. The Junior Analyst engages in detailed qualitative and quantitative analysis of a range of alternative investments and is responsible for conveying their findings effectively to the firm's broader investment team. This role requires analytical and technical skills as well as verbal and written communication skills. The Junior Analyst role sits within the fifteen-person investment research team of FT AIR.Principal ResponsibilitiesPerform qualitative and quantitative assessments of alternative investment managers and strategiesParticipate in calls and meetings with existing and prospective alternative asset managersCompile and distribute formal written notes related to existing and potential investment meetingsFunction as a point of contact for the investment team with prospective and existing portfolio investmentsPerform ad hoc statistical analyses of fund risk exposuresSupport the creation of broader investment committee recommendationsLead the effort to maintain updated firm and fund materials with respect to existing investmentsProvide analytical support to evaluate existing client portfolio investment performanceResponsible for maintaining and improving current investment due diligence work-flow processesProvide operational and investment support for internally managed portfoliosAssist in various ad hoc research projects related to new product developmentParticipate in the creation of market/industry commentary for firm marketing effortsSupport the sourcing of new liquid and alternative investment strategiesQualifications0-2 years of relevant work experience in investment banking, asset management, or related fieldExcellent undergraduate academic recordInterest in or progress toward the CFA designation a plusInterest in understanding hedge fund, private equity, private credit, and real estate strategiesEffective communicator, both written and verbalStrong grasp of statistics used in financial analysisA demonstrated high level of analytical/quantitative skillPassion for the alternative asset management industryAbility to manage simultaneous projects, often with time constraintsSelf-motivated and highly curiousA willingness to travel both domestically and internationally up to 25% of the timeTechnical/Systems SkillsHighly proficient in: Microsoft Excel, Power Point, and WordExperience with: Bloomberg, Morningstar, Preqin, eVestment/Pertrac, LightKeeper, Enfusion a plusFirst Trust Capital Management ("FTCM") is a privately-owned alternative investment research and asset management firm that advises investment advisors, family offices, and high net worth individuals. FTCM was created on the belief that an independent firm was the best way to ensure our clients were served with their greatest interests in mind - both in terms of customized alternative investment solutions and a streamlined operational experience when investing in private and liquid alternatives. FTCM houses a specialized business unit called FT Alternative Investment Research. This dedicated investment research team operates as a supportive unit to our advisor clients as well as a resource for a select group of institutional clients and family offices. The sole purpose of this dedicated team is to find investment solutions to enhance client portfolios. In 2022, FT AIR:• Participated in over 350 portfolio manager meetings• Performed initial review of 500 investment strategies• Participated in over 25 capital introduction events• Attended 10 top-tier investment conferences Investment due diligence covers all asset classes and strategies, wherein the Research Team maintains a proprietary database of portfolio managers and all related correspondence. Importantly, the Research Team does not perform database screens to identify prospective portfolio managers. The vast majority of currently sourced funds and strategies have come through our extensive network and reach within the investment community as opposed to any screening process. Prior to making any allocations, the Research Team sets the expectation with the fund manager and their team that we require a certain level of transparency and access. We perform ongoing due diligence on our approved managers to ensure that are adhering to their style, process and investment mandate.Compensation/BenefitsStarting salary: commensurate with experiencePerformance bonusesHealthcare coverage401K with employer matched contributions after 1 year of servicePaid vacation/time off

Created: 2024-11-03