Senior Associate, Alternative Investments

Travelers • New York City, NY

18h

About The Position

The Investment Senior Associate will serve as an integral member of the Alternative Investments team, working collaboratively with the Co-Chief Investment Officer and others to manage and execute multiple aspects of the investment process. The role conducts financial, qualitative, and quantitative analysis to invest in private equity funds, hedge funds, and other alternative asset classes.

Requirements

• At least 5 years of institutional investment management experience.
• Bachelor’s degree in Finance, Accounting, Statistics, Economics, Mathematical Sciences, Engineering, Business, or a related focus of study.

Nice To Haves

• MBA or MS in Finance, Accounting, Statistics, Economics, Mathematical Sciences, Engineering, Business, Data Analytics, or a related focus of study.
• 7 or more years of institutional investment management experience within alternative investments.
• Experience investing across asset classes, especially alternative asset classes including hedge funds, private equity, and venture capital.
• Ability to conduct investment research with minimal direction.
• Ability to communicate effectively and defend investment recommendations and opinions to influence portfolio outcomes.
• Valuation discipline, knowledge of accounting methodologies, and ability to evaluate capital allocation decisions.
• Ability to remain current regarding market, political, and economic developments and relate this information to investment research.
• Extensive financial modeling skills.
• Strong attention to detail and highly analytical capabilities.
• Strong knowledge of quantitative techniques and risk management.
• Strong interpersonal, communication, and presentation skills.
• Experience with investment analytical tools such as Bloomberg, FactSet, BARRA, or Thomson-Reuters.
• Experience using artificial intelligence for data analysis and investment presentations.
• Experience with FrontInvest or comparable alternative-assets accounting and reporting software.
• Strong knowledge of Microsoft Office Suite, including Word, PowerPoint, and Excel.
• CFA or CAIA designation.

Responsibilities

• Manage investment process tasks, including origination, due diligence, investment recommendations, and assisting counsel with closing legal documentation.
• Monitor and analyze the existing portfolio, including individual fund and sub-strategy performance, portfolio performance, and manager team developments.
• Participate in meetings with prospective and existing investment managers and attend managers’ Annual Meetings.
• Assist with due diligence of co-investment opportunities.
• Maintain current knowledge of global capital markets and macroeconomic and microeconomic conditions to assess their effects on or opportunities for the portfolio.
• Develop and maintain productive working relationships with internal team members and key external contacts to stay abreast of timely investment information and opportunities.
• Apply knowledge of industry, asset class, collateral, performance metrics, and historical, current, political, regulatory, and legal factors affecting the outlook.
• Perform other duties as assigned.

Benefits

• Health insurance coverage for eligible employees and family members from the first day of employment.
• Dollar-for-dollar 401(k) match on contributions up to the first 5% of eligible pay, subject to an annual maximum.
• Paying it Forward Savings Program contributions to an employee’s 401(k) when the employee makes student-loan payments.
• Pension Plan fully funded by Travelers.
• Minimum of 20 days of paid time off annually.
• Nine paid company holidays.
• Wellness program with tools, discounts, resources, and caregiving support.
• Mental health program with access to free professional counseling, health coaching, and other resources.
• Matching Gift and Volunteer Rewards program.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior