Junior Analyst - Alternatives Investment Risk

abrdn•New York, NY

17h•Onsite

About The Position

The Junior Analyst will play a key role on the Alternative Investment Strategies (AIS) team in providing risk oversight of hedge fund investments across the full spectrum of strategies and communication of the results to the relevant internal and external stakeholders. The responsibilities include monitoring and reporting risk analytics across a broad array of asset classes and financial instruments at a portfolio level down to the individual positions, assisting in the development and maintenance of the technology framework, and performing risk due diligence of prospective investments. This is an entry level role ideal for candidates with 1–5 years of experience with statistics and knowledge of hedge fund investment strategies.

Requirements

1–5 years of professional experience with knowledge of hedge fund strategies and investment risks associated across asset classes
Strong qualitative and quantitative analytical skills; familiarity with statistical concepts, risk frameworks, and performance analysis
Understanding of investment risk methodologies and ability to apply risk techniques across and within asset classes
Excellent communication and interpersonal skills to partner with the investment research team, existing clients, and external vendors
Proficiency in Excel
Bachelor’s degree required

Nice To Haves

familiarity with programming or statistical tools (e.g., Python, R, SQL) is a plus but not required
progress toward CFA or CAIA is a plus
Creative problem-solving skills, intellectual curiosity, and a genuine interest in hedge funds and alternative strategies with healthy skepticism and practical understanding of the supplied information
Listening, inquisitiveness, and attention to detail with an eye toward anticipating questions to perform thorough analysis to ensure relevancy, timely delivery, and accuracy
Initiative, drive, and a willingness to take ownership of tasks with a learning and growth mindset
Detailed management of task queue and email organization

Responsibilities

Support the reporting processes for the AIS daily, monthly, and quarterly risk deliverables
Gain and apply technical knowledge and skills to understand and enhance the risk management and research processes
Oversee adherence to investment guidelines and research any breaches and escalate concerns to senior members of team
Perform ad-hock projects and analysis within our various risk and portfolio management systems
Collaborate with the research team to perform risk due diligence of prospective funds to evaluate the risk culture of the organization, the tools used internally are fit for purpose, and the fund is adhering to the AIS standards of best practices for their investment strategy
Stay informed of market developments and hedge trends and look to identify and quantify the potential exposure and impact on the desk’s investments
Communicate analysis clearly and confidently to senior colleagues, committees, and clients
Promote a collaborative, inclusive, and innovative culture of high‑standards across the organization

Benefits

Best in class Medical, Dental, and Vision plans with well-known carriers; Telehealth and Health Concierge services.
Health, Dependent and Commuter Flexible Spending Plans.
Employer provided Life Insurance, Critical Illness Insurance, Short Term and Long-Term disability with additional optional coverage options.
401(k) Retirement Savings plan with top notch company Profit Sharing contribution which is immediately vested!
Generous time off starting day one with 4+ weeks annual vacation plus 9 paid holidays.
Paid Parental, Adoption, and Family Sick/Caregiver leave programs.
Volunteer Days and Study Time to focus on what is important to you!
Make a donation to your favorite Charity and Aberdeen will match up to $500 per year!
Employee Assistance, Travel and Discount Programs.
From helping you navigate the healthcare system, to providing resources and assistance to parents and caregivers of children with development disabilities.
Flexible, voluntary benefits including Accident Insurance, Identity Protection, and Legal Assistance.
Wellness program including Nutritional Counselling and Gym Membership Reimbursements.