Junior Manager Research Analyst

External Manager Solutions is responsible for the selection and oversight of traditional (long-only equity and fixed income) investment managers in all the marketable asset classes. These managers are typically complementary to the Bessemer Trust managed strategies/portfolios and therefore provide important diversification to External Manager Solutions’ clients and Bessemer Trust portfolios. The team is also responsible for the sustainability efforts at the firm.

Responsibilities

The candidate will be responsible for conducting both quantitative and qualitative analysis on investment managers, as well as select projects on sustainability.

 

Examples include:

 

• Spearheading the creation of new quantitative and qualitative analytics reports
• Evaluating/monitoring investment firms and teams to include vehicles for investment, fee structures, assets under management
• Top-down portfolio analysis (i.e., MPT statistics, style, etc.)
• Bottom-up portfolio analysis (i.e., attribution, holdings, sector/regional, etc.)
• Familiarity with risk models
• FactSet and eVestment analysis
• Preparing quarterly fact sheets
• Participating in conference calls/meetings with managers and preparing notes
• Maintaining manager meeting logs, notes, questionnaires, and investment risk matrices
• Assisting with group presentations to clients, prospects and other
• Maintaining client account and asset logs, annual reviews and other reports as necessary
• Liaising with Client Advisors and Wealth Advisors on ad hoc requests
• Help with projects related to the internal sustainable strategy and finding investment solutions in the sustainable space

 

Job Qualifications

 

• Bachelor’s Degree required
• Preferably 1 to 3 years in an investment banking analyst, consulting or investment management role
• Passion for and deep interest in financial markets and investing
• Strong analytical and quantitative skills, particularly as it relates to financial markets and statistics
• Proficiency with MS Excel, Word, and PowerPoint required; FactSet and eVestment experience preferred
• Detail-orientation is essential
• Strong organizational skills (able to handle multiple priorities)
• Clear written and oral communication skills

 

The base salary range for this position is $80k-90K. Actual salaries will vary and will be based on various factors, such as skills, experience, and qualification for the role.  It is not typical for offers to be made at or near the top of the range.

 

About Bessemer Trust

Bessemer Trust is a family office, overseeing more than $200 billion in assets for over 3,100 individuals and families of substantial wealth. Its more than 1,200 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.

 

Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.

 

Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer’s adherence to putting clients’ interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.

 

Key Facts:

• For 118 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
• Headquartered in New York’s Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm’s largest offices, which hosts a wide range of techno