Alternative Investments Analyst

Raymond James•Saint Petersburg, FL

1d•Hybrid

About The Position

Under general supervision, the Alternative Investments Analyst utilizes knowledge of finance and investment concepts obtained through education and work experience in order to provide high net worth clients with a platform of non-traditional investment opportunities. Under general supervision, the Alternative Investments Analyst utilizes knowledge of finance and investment concepts obtained through education and work experience in order to provide high net worth clients with a platform of non-traditional investment opportunities. Primary functions include conducting quantitative and qualitative due diligence, investment analysis (e.g., financial modeling, risk analysis, validating investment merits, etc.), and making recommendations on hedge funds, private equity funds, real estate funds, credit funds, and other non-traditional investment opportunities; authoring product approval memoranda directed to senior management; making presentations to financial advisors and other constituents; maintaining frequent contact with current as well as prospective fund managers; and supporting financial advisors with requests related to alternative investments. The Alternative Investments Analyst retains some latitude for un-reviewed decision making and a is participant with respect to fund manager interactions in addition to being a key participant in product recommendations.

Requirements

Knowledge of Financial analysis
Complex investment products and securities markets in general
MS Office applications
Excellent written and verbal communication skills
Presentation skills
Excel
PowerPoint
Handle multiple priorities
Self-motivate
Meet multiple critical deadlines
Bachelor’s Degree in Finance, General business, or Economics very strongly preferred OR ~ Any equivalent combination of experience, education, and/or training approved by Human Resources.
0-3 years of experience in financial services
SIE required provided that an exemption or grandfathering cannot be applied
Series 7 w/in 6 months of hire
CFA w/in 4 years of hire

Nice To Haves

Bloomberg
eVestment or other hedge fund databases are a plus
FactSet/Code Red or similar research management systems are a plus

Responsibilities

Analyzing the investment merits and risks of nontraditional investments, including but not limited to hedge funds, private equity funds, and credit funds as well as their associated suitability for RJ clients.
Preparing product approval memos/presentations for use by the Alternative Investment Group Product Approval Committee, comprised of senior management.
Conducting onsite due diligence for existing and prospective alternative investment products.
Transferring product knowledge and expertise by communicating with and educating other departments within Alternative Investment Group (e.g., operations and marketing) in addition to direct financial advisor communication.
Composing and disseminating due diligence and investment updates regarding existing alternative investment funds for use by financial advisors.
Performing quantitative and qualitative due diligence as well as investment analysis (e.g., financial modeling, benchmarking, risk analysis, etc.) on non-traditional investment products, preparing detailed product approval memos and recommendations, conducting meetings and conversations with fund managers to determine the investment merits and risk profile of a complex asset class.
Making product recommendations and presentations as appropriate.
Playing a role in decisions to approve alternative investments for sale to high net worth clients.
Deciding which funds warrant in depth diligence versus those that do not.
Playing a role in decisions to discontinue offering specific products as well as approval decisions of entire asset classes (with associated whitepapers).
Performing other duties and responsibilities as assigned.