Analyst, Portfolio Analytics & Risk

Description

Thornburg is a global investment firm delivering on strategy for institutions, financial professionals and investors worldwide. The privately held firm, founded in 1982, is an active, high-conviction manager of fixed income, equities, and multi-asset solutions.

As an independent firm, Thornburg can take on a wide range of opportunities, explore ideas thoroughly and work across strategies to deliver consistent risk-adjusted outperformance over the long term. The firm attracts free-thinking professionals who are eager to pursue investment outcomes beyond the confines of popular wisdom. From nimble operational capabilities to principles and actions fitting of a global citizen, Thornburg’s world-class investment platform and team are aligned on strategy to serve investors.

Primary Job Function:

We are seeking an Analyst and are open to candidates at both junior and senior levels, with responsibilities and compensation aligned to the individual’s experience.

Analyst, Portfolio Analytics and Risk is part of the Portfolio Analytics group integrated with the Investment Team. This position is responsible for the development and enhancements of the risk and performance analytics for funds and strategy portfolios. The position is responsible for data quality and on-going production process maintenance, in collaboration with the internal teams and external data/analytics vendors. The position is also responsible for defining and implementing best practices in the use of Portfolio Analytics tools and protocols by the broad Investment Team.

The primary focus of the Portfolio Analytics group is to implement and carry out the quantitative aspects of Thornburg’s risk management and portfolio construction processes, across equity and fixed income strategies. Analyst, Portfolio Analytics and Risk, will work closely with the more senior members of the group, and sometimes with other teams across the organization to contribute to broad portfolio oversight. Additional stakeholders served by this position could include Fund Accounting, HR, Sales and Marketing, CEO and other roles.

This role will help the team maintain and expand the end-user analytics delivery platform housed in Power BI, as well as build and maintain the underlying reports and data processes in FactSet and other systems. The Analyst will also use PA tools to fill technical ad hoc requests for risk/performance analytics from the Investment team and prepare the standardized risk packets. The role is responsible for preparing and delivering research notes, conducting and leading scheduled risk meetings with portfolio managers, and facilitating the ongoing quantitative refinement of the portfolios’ Philosophy and Process documents.

The role relies on a familiarity with (or an excellent knowledge of, for Senior Analyst) equity and fixed income analytics and portfolio management concepts, as well as formal training in statistical and quantitative aspects of investment analysis. Importantly, the role also requires an ability to convey complex statistical, portfolio analytics, and risk management concepts and processes to the members of client-facing teams at Thornburg. An active interest in acquiring new fundamental knowledge and practical analytics skills is highly encouraged.

Duties & Responsibilities:

• Support production process and ensure data quality for risk and performance analytics.
• Perform standard risk analysis through close interaction with senior PA team members and Portfolio Managers.
• Monitor portfolio risk and performance to detect and investigate anomalies.
• Develop and prepare periodic reporting materials and dashboards to evaluate risk across the firm's equity and fixed income investment platform.
• Leverage PA team’s technology and systems to automate workflows.
• Research peer positioning, exposures, and performance using internal and third-party tools.
• Work with internal stakeholders to identify use cases to effectively leverage data.
• Review and analyze operational data to compile into reports and/or presentations. Navigate the firm to effectively complete tasks.
• Develop consultative partnerships with internal teams and leaders to understand their strategic objectives, key performance indicators, and reporting requirements.
• Assist team’s collaboration with and support of the senior leaders and their teams to ensure analytical and reporting needs are aligned.
• Contribute to the achievement of function or business unit objectives. Support data-driven decision-making by the team, functional or business unit leaders.

Additional responsibilities for a Senior Analyst:

• Develop key insights into funds’ risk profile and performance, both for scheduled risk meetings and on an ad hoc basis through ongoing portfolio monitoring.
• Collaborate with PM teams to facilitate the ongoing quantitative refinement of the portfolios’ Philosophy and Process documents.
• Conduct complex analyses and reporting for general business operations, initiatives, and strategic/operational activities.
• Lead special initiatives that are of strategic importance for the business unit.
• Collaborate with and support senior leaders and their teams to ensure analytical and reporting needs are aligned, support business and operating results.

Requirements

• Strong academic track record; a degree in finance, economics, mathematics, or similar.
• MBA and/or CFA designation preferred, or significant progress towards (CFA/FRM strongly preferred for Senior Analyst.)
• At least 3 years of experience in Investments with focus on analytics, security setup and pricing, and performance reporting (5 years of experience with a focus on portfolio analytics and risk, security setup and pricing, performance reporting, and quantitative market risk commentary for Senior Analyst.)
• Familiarity (Extensive hands-on experience for Senior Analyst) with FactSet, Bloomberg, Investortools Perform, and Microsoft Power BI preferred.
• Foundational knowledge (Expert and up-to-date knowledge for Senior Analyst) of statistical and quantitative approaches to investment analysis and portfolio management.
• Hands-on experience with programming languages such as R, Python, C#, VBA; interest in improving programming skills expected.
• Attention to detail is essential given the importance of communicating correct information to investors and other members of the investment team.
• Ability to organize, manage multiple tasks, prioritize effectively, meet deadlines, and deliver high quality, error-free work in a fast-paced environment.
• Ability to conduct independent research in a collaborative team environment.
• Ability to deliver independent projects with limited supervision.
• Excellent written, oral, and interpersonal communication skills.

Job Benefits:

• Medical, dental, and vision coverage.
• Employer 401(k) safe harbor and profit-sharing contributions.
• Work/life programs such as flexible work arrangements, flexible paid time off, paid parental leave, employee assistance plan, commuter benefits, student loan repayment program, education reimbursement program.
• Community involvement opportunities.
• Onsite cafeteria.
• Onsite fitness center.
• Referral program.

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All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, disability, gender, gender identity or protected veteran status.