Associate Hedge Fund Research Analyst
Bessemer Trust is seeking a Hedge Fund Investment Due Diligence Analyst to join its Hedge Fund team in New York. This role is ideal for an early-career investment professional with approximately 1–3 years of relevant experience who is interested in hedge fund investing, portfolio analytics, risk management, and investment due diligence.
Responsibilities
- Maintain and monitor portfolio, manager, and market data across investment systems and databases
- Perform quantitative analysis of hedge fund managers and portfolios, including performance, risk, correlation, exposure, attribution, and drawdown analysis
- Assist with portfolio liquidity monitoring, cash management, and subscription/redemption tracking
- Support the preparation of portfolio risk reports and related analytics for investment professionals and senior management
- Ensure the accuracy and consistency of data utilized in investment analysis and reporting
- Support quantitative due diligence efforts for prospective hedge fund investments
- Attend meetings with prospective and existing hedge fund managers, prepare detailed meeting notes, and share with the team
- Analyze manager performance, portfolio characteristics, peer group comparisons, and risk metrics
- Assist with onboarding new hedge fund investments and maintaining investment records across internal systems
- Participate in the ongoing monitoring of existing managers and portfolio holdings
- Prepare recurring and ad hoc reports, presentations, and investment materials for internal and external audiences
- Support the production of quarterly letters, portfolio reviews, investment committee materials, and client communications
- Maintain high standards of accuracy, consistency, and presentation quality across all published materials
- Respond to routine inquiries regarding portfolio performance, holdings, and reporting data
- Maintain hedge fund databases, reporting systems, and analytical tools
- Reconcile and validate data across multiple internal and external sources
- Coordinate with third-party data providers and technology vendors to ensure timely and accurate information
- Assist with testing, implementation, and enhancement of analytical and reporting platforms
- Work closely with investment, finance, operations, compliance, and client-facing teams
- Support portfolio management activities and ensure consistency of information across departments
- Assist with special projects and strategic initiatives as needed
Skills
- Bachelor's degree in Finance, Economics, Accounting, Mathematics, Statistics, Engineering, or a related discipline
- Approximately 0–3 years of experience in asset management, hedge funds, investment consulting, fund administration, performance reporting, investment banking, equity research, or a related field
- Strong analytical and quantitative skills
- Understanding of financial markets, investment concepts, and portfolio analytics
- Advanced proficiency in Microsoft Excel and PowerPoint
- Experience working with financial databases and analytical tools is preferred
- Experience leveraging large language models (LLMs) and AI-based tools to enhance research, analytical, reporting, or operational workflows is a plus
- Exposure to Python, SQL, VBA, Power BI, or similar technologies is a plus
- Progress toward CFA or CAIA designation is a plus
Benefits
- Eligible employees may participate in a 401(k) program with a generous profit-sharing contribution
- Medical, prescription dental, and vision coverage
- Life insurance
- Disability coverage
- Paid holidays
- Vacation
- Sick time, subject to plan terms and Company policies
- Competitive base salary plus discretionary annual bonus for select positions
- A 401(k) plan with a generous annual profit-sharing contribution
- Personalized development and career opportunities, including tuition reimbursement support
- Comprehensive medical, dental, and vision plans with zero contributions for employee coverage
- Employee assistance (EAP) and wellness programs
- Hybrid work environment: 60% in office, 40% remote for most positions
- Paid time off and paid parental leave
- Employer-paid life insurance and short- and long-term disability coverage
- Legal services and financial wellness plans at no cost to employees
Company Overview