Investment Analyst - Manager Monitoring
- Educational background in investments and/or finance (CFA qualification would be an advantage), with knowledge of security analysis, equity related instruments and portfolio theory/performance attribution;
- Minimum 3 years? experience in a related role is a requirement;
- Previous investment experience in a fund management organization, investment bank or experience as an Equity Analyst would be a clear advantage;
- Working experience in fundamental company analysis would be a plus in light of my clients philosophical preference for fundamentally-driven managers
- Day to day responsibility for monitoring designated asset classes / investment managers. Undertaking detailed analysis of portfolios for the purposes of supporting the team?s understanding and interpretation of the manager?s investment decision making process. This will include fundamental analysis relating to the key characteristics of the individual portfolios as well as how they can combine as part of the multi-manager packages.
- Acquiring a thorough understanding of investment managers? investment disciplines and their expected portfolio characteristics and investment activities, employing an evidence-based approach throughout.
- Assessing whether the characteristics of, and activity within, the investment portfolios are consistent with the managers' espoused investment disciplines and be able to identify any inconsistencies.
- Identifying, summarising and presenting the key investment issues for discussion at regular manager monitoring meetings based on the underlying portfolio analysis. Attendance at and recording such meetings. Following a disciplined sequence in relation to such meeting i.e. agenda, pre-meetings, post-meeting de-briefs, meeting notes and action points.
- Analysing multi-manager investment packages, including fundamental characteristics of aggregate portfolio. Liaising with managers and uploading data into applications and proprietary tools as necessary.
- Contributing to the continuous effort to evolve and improve the analytical processes.
- Compiling investment commentaries for the designated asset classes/investment managers for inclusion in regular investment reports, discussing the key issues arising from analysis of the underlying investments and the manager?s portfolio activities.
- An assessment of portfolio risk (relative, absolute, tracking error etc.) Assess the degree of conviction/active exposures within the portfolio. Analysis of historic investment results including detailed performance attribution and also by following/recording news flow on portfolio holdings.
- Organising meetings with investment managers on the basis agreed with the Head of Investment Manager Monitoring.
- Acquiring an awareness of personnel and corporate changes and their likely impact on portfolio management activities
- Accuracy, attention to detail and ?forensic? focus on portfolios and securities represent an important prerequisite for this role
- Ability to form evidence-based conclusions (on investment strategies and listed stock investment case studies).
- Excellent literacy and writing skills are required;
- Strong understanding of fundamental investment ratios/statistics/analytics e.g. P/E, P/B, ROE, DCF, liquidity analysis
- An understanding of investment styles, their nuances and how they mix in a multi-manager package would be a plus
- Working experience of Factset and Bloomberg would be preferable.
- High degree of computer literacy, and strong Excel skills
- Self-motivated, able to work independently and use initiative;
- Flexible attitude and adaptable in day-to-day activities;
- Excellent communication and interpersonal skills to work effectively in a small team environment;
- Eligible to work in the UK.
This job was originally posted as www.jobsite.co.uk/job/959511511