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