USBAM Senior Research Analyst

U.S. Bank • Minneapolis, MN

2d • $105,400 - $124,000

About The Position

The Senior Manager, Manager Research & Due Diligence Analyst is responsible for leading the end-to-end investment and operational due diligence process across primarily traditional strategies, including equities, fixed income, and multi-asset solutions within an OCIO framework. This role develops forward-looking manager convictions, supports portfolio implementation decisions, and ensures ongoing monitoring through a structured research and governance process.

Requirements

• Bachelor’s degree in Finance, Economics, Business, or related discipline required; advanced degree preferred.
• 8–12+ years of relevant experience in manager research, due diligence, investment strategy, OCIO, consulting, or multi-asset investment environments.
• Direct experience analyzing traditional asset classes, including equities and fixed income; multi-asset experience preferred.

Nice To Haves

• CFA strongly preferred; CAIA, FRM, or other relevant investment certifications considered a plus.
• Strong analytical capabilities combining both quantitative and qualitative methods, including performance attribution, manager evaluation, peer analysis, and portfolio construction assessment.
• Experience performing operational due diligence and evaluating operational, compliance, and business risk factors associated with investment managers.
• Proven ability to influence investment discussions and deliver well-supported recommendations to senior stakeholders and investment committees.
• Exceptional written, verbal, and presentation skills, with the ability to clearly communicate complex investment concepts.
• Demonstrated expertise within a traditional asset class supported by published research, market commentary, speaking engagements, or measurable contributions to investment decisions.
• Ability to develop differentiated market views and connect macroeconomic developments to manager selection and portfolio construction.
• Strong executive presence with the ability to present effectively to institutional clients, advisors, investment committees, and external audiences.

Responsibilities

• Lead quantitative and qualitative underwriting of investment managers, including evaluation of performance drivers, portfolio construction, risk management, and process consistency.
• Conduct operational due diligence across business operations, compliance frameworks, valuation practices, technology infrastructure, and service providers.
• Support portfolio construction and manager implementation within a multi-asset OCIO framework.
• Maintain ongoing monitoring of approved managers through formal reviews, event-driven reassessments, and watch list oversight.
• Prepare investment committee materials, manager evaluations, scorecards, and strategic recommendations.
• Collaborate with internal investment, portfolio management, risk, compliance, and client teams.
• Mentor junior analysts and contribute to the ongoing enhancement of research frameworks and due diligence processes.
• Serve as a recognized subject matter expert across traditional asset classes, delivering internal investment updates, client presentations, market outlooks, and strategic positioning insights.
• Act as a market strategist within assigned asset class coverage, maintaining differentiated perspectives on macroeconomic conditions, valuation environments, and market cycles.
• Translate market developments into actionable manager research themes and investment recommendations for internal stakeholders and clients.
• Demonstrate expertise through published market commentary, white papers, presentations, or a track record of influencing investment outcomes.
• Represent the firm externally as a trusted investment strategist and thought leader.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

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