Investment Analyst, Asset Allocation

Washington D.C.
Salary commensurate with experience
15 Jun 2021
15 Jul 2021
Industry Sector
Asset Management
Employment Type
Full Time

Primary position objective and purpose: 

The Investment Analyst, Asset Allocation will work with other members of the team in managing the multi-asset class funds, particularly the Target-Date and Target-Risk funds. The Investment Analyst will conduct asset allocation research and work on building asset allocation models with the help of Senor Managers of the team.

 Essential Functions/Activities:

  • Build and enhance the asset allocation models; monitor portfolio allocations daily and undertake rebalancing procedures as necessary.
  • Work on the data needs of the allocation models.
  • Perform comprehensive asset allocation reviews on target-date and target-risk funds as well as other funds and portfolios managed by the team; support Senior Fund Managers through a team approach to provide continuity of daily management of other funds.
  • Perform both qualitative and quantitative analysis on funds/ sub-advised portfolios; determine cash flow impact across funds and coordinate with Finance Division and other Fund Managers on all cash flow transactions.
  • Stay updated on the financial markets, the economy, and assist in determining how changes in the financial markets impact asset allocation products.
  • Incorporate term year and glide path assumptions into the allocation process.
  • Conduct performance attribution relative to benchmarks and peers.
  • Monitor target-date and target-risk fund trends and developments and contribute to strategic initiatives and product development.
  • Perform basic responsibilities relating to quarter-end and year-end activities, as well as periodic reviews of disclosure materials.
  • Support due diligence activities on external investment managers.
  • Other duties as assigned.

 Required Skills/Knowledge/Experience

1 year of investment industry experience, with specific experience in investment data collection and spreadsheet analysis, and investment-related communications preferred.

Number of years of experience:

One to Three

Technical/Functional Skill:




Excellent analytical, quantitative, and programming skills. Experience with financial terminals (like Bloomberg and Morningstar Direct).



Excellent written and verbal/interpersonal communication skills. Strong presentation skills.



Strong attention to detail, and ability to work effectively in a deadline driven environment.



Strong time management skills. Ability to work independently with minimal supervision, handle multiple diverse tasks, and adapt quickly to changing priorities



Strong computer skills (Excel, Powerpoint, Word, etc.) Familiarity with E VBA, SQL and programming languages (like Python, R and Matlab).



Ability to maintain strict confidentiality and represent ICMA-RC at highest level. Requires discretion, judgment, tact and poise with a high level of professionalism.



Ability to maintain strict confidentiality and represent ICMA-RC at highest level. Requires discretion, judgment, tact and poise with a high level of professionalism

Technical/Functional Skill:




Experience and skill in understanding and evaluating sophisticated investment strategies and concepts

An understanding of asset allocation principles and their real-world application is required

Proven ability to turn data into insights, understanding of capital market assumptions and their impact on S&P 500 earnings

Minimum education preferred:

BA/BS or equivalent experience



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