What are the responsibilities and job description for the Research Analyst position at Harbor Capital Advisors, Inc.?
Please note this is a hybrid work opportunity which requires a commute to our New York or Chicago office 2x a week, please ensure you can meet this requirement prior to submitting your application.
Summary
What makes Harbor unique is our commitment to only partnering with the very best asset managers globally. This focus allows us to act in the best interests of our shareholders every day, and help them achieve their investment goals through active, cost-aware investing. This approach has served us well, becoming one the largest and most highly regarded manager of managers in the industry. Harbor’s Multi Asset Solutions Team (MAST) is one of these managers. The team provides asset management and advisory services to clients through strategic asset allocation, tactical asset allocation, manager selection, security selection, and portfolio construction. MAST employs a combination of top-down macro views, bottom-up fundamental research, and quantitative modeling to deliver best-in-class investment outcomes. We are currently looking to grow our team with talented, intellectually diverse people with excellent work ethics. If you are passionate about investing and embrace a start-up mentality, please click on "Apply" to start your application!
Key Responsibilities
The Research Analyst will be a member of MAST located in either Chicago or New York City. MAST is a growing business capability within Harbor Capital that delivers a mix of investment solutions using Harbor Funds and subadvisors, passive ETFs, and internal investment models as well as investment strategies sourced through an open architecture platform. Portfolios may include equity, fixed income, and alternative asset classes. The MAST team has responsibility for both sourcing and driving investment insights across asset classes, as well as managing multi asset investment strategy across several mandates, including portfolio construction and implementation, client service, and communication to both internal and external stakeholders.
Summary
What makes Harbor unique is our commitment to only partnering with the very best asset managers globally. This focus allows us to act in the best interests of our shareholders every day, and help them achieve their investment goals through active, cost-aware investing. This approach has served us well, becoming one the largest and most highly regarded manager of managers in the industry. Harbor’s Multi Asset Solutions Team (MAST) is one of these managers. The team provides asset management and advisory services to clients through strategic asset allocation, tactical asset allocation, manager selection, security selection, and portfolio construction. MAST employs a combination of top-down macro views, bottom-up fundamental research, and quantitative modeling to deliver best-in-class investment outcomes. We are currently looking to grow our team with talented, intellectually diverse people with excellent work ethics. If you are passionate about investing and embrace a start-up mentality, please click on "Apply" to start your application!
Key Responsibilities
The Research Analyst will be a member of MAST located in either Chicago or New York City. MAST is a growing business capability within Harbor Capital that delivers a mix of investment solutions using Harbor Funds and subadvisors, passive ETFs, and internal investment models as well as investment strategies sourced through an open architecture platform. Portfolios may include equity, fixed income, and alternative asset classes. The MAST team has responsibility for both sourcing and driving investment insights across asset classes, as well as managing multi asset investment strategy across several mandates, including portfolio construction and implementation, client service, and communication to both internal and external stakeholders.
- Contribute investment ideas, insights and recommendations on market related topics during strategy discussions and portfolio management meetings
- Provide global macro research across global equities, credit and high-quality fixed income
- Develop new tools for portfolio management and identifying investment opportunities
- Participation in day-to-day / BAU portfolio management, portfolio construction and risk management processes
- Detailed focus on all aspects of portfolio management and strategy implementation – from systems, execution, and strategy to client reporting
- Use quantitative methods to manage and analyze data sets and generate insights
- Develop rapport with internal partners in order to effectively manage projects, communicate MAST initiatives, and contribute to the broad organization
- Articulate specifics of the investment process to non-MAST partners within Harbor in a logical and consistent manner
- 2 years of direct experience in asset management, capital markets research, at a hedge fund, or on a sell side trading desk - preferably in a research, trading or portfolio management role
- Ability to create unique investment research, synthesize insights and generate investment views
- Excellent analytical skills and technical insight
- Ability to use scripting languages (Python and/or R preferred) to automate processes and integrate systems
- Strong understanding of risk factors that drive investment performance
- Drives for results and executes deliverables in line with the organizational vision and strategy
- Creates culture of collaboration and proactively seeks and/or embraces opportunities to work across departments and teams to achieve shared objectives
- Gains trust and support of others throughout the company while placing company and team contributions before personal objectives
- Understands what is required for change, adjusts behavior as needed, and drives change when appropriate through interactions with peers and clients
- Tackles difficult issues with optimism and remains confident, steady and positive in times of adversity, and rebounds from setbacks in order to grow from difficult experiences
- Strong academic record - Bachelor's/University
- Knowledge of quantitative methods / applied statistics / financial engineering
- Knowledge of capital markets and how to make credible and thoughtful investment recommendations
- Programming proficiency (Python and/or R preferred)
- Experience working with relational databases (SQL server, Postgres, Oracle, AWS, etc.)
- Experience in handling statistical modeling of large complex data sets and/or designing statistical inference models and predictive analytics
- CFA or progress toward completion
- Master’s degree
- Experience working with 3rd party financial platforms (FactSet, Bloomberg)
- Experience in portfolio construction and risk management
- Knowledge of any visualization or BI tool like Tableau, Power BI etc. is a plus
Salary : $120,000 - $170,000
