Analyst (ex-IB / PE / Buy side)

Arcana; New York (NY); On-site; USD 80,000 - 120,000; Full time

Job summary

Arcana, based in New York, is hiring an Analyst to drive innovation in portfolio intelligence for hedge funds and asset managers. This role goes beyond typical modeling, demanding collaboration with product, engineering, and data science teams. Candidates should have 2-4 years in a front-office financial role, exceptional analytical skills, and a Bachelor's or Master's degree. The position offers the chance to shape impactful tools in a fast-paced environment with a focus on financial metrics, investment strategies, and market analysis.

Qualifications

• 2–4 years of experience in a front-office financial role (investment banking, hedge fund, asset management).
• Exceptional analytical and Excel skills with strong proficiency in financial modeling.
• Deep understanding of core investment concepts: portfolio theory, risk attribution, yield, drawdown, correlation, and volatility.

Responsibilities

• Collaborate with product, engineering, and data science teams.
• Analyze portfolio- and security-level performance and risk.
• Conduct market and macroeconomic research to support client workflows.

Skills

Analytical skills

Excel proficiency

Financial modeling

Understanding of portfolio theory

Communication with institutional clients

Interest in financial markets

Self-starter

Education

Bachelor’s or Master’s degree in Finance, Economics, Engineering

Tools

Bloomberg

FactSet

Python

R

Job description

Arcana is a portfolio intelligence platform used by hedge funds and asset managers to analyze performance and risk. We’re rethinking the tools institutional investors rely on—and we’re hiring analysts who want to drive that transformation.

This isn’t a typical modeling-and-memos analyst role. Our analysts work directly with product, engineering, and data science to shape institutional-grade financial software. If you’re an analyst looking for more impact, more ownership, and the chance to help shape real tools for investors—we’d love to talk.

Responsibilities

• Collaborate with product, engineering, and data science teams to build robust portfolio intelligence tools and analytics components
• Analyze portfolio- and security-level performance, risk, and attribution
• Decompose returns to identify key drivers of alpha, beta, and idiosyncratic outcomes
• Conduct market, macroeconomic, and security-level research to support client workflows and product insights
• Validate, interpret, and clearly communicate financial metrics to both internal stakeholders and clients

Requirements

• 2–4 years of experience in a front-office financial role (investment banking, hedge fund, asset management, or similar)
• Exceptional analytical and Excel skills, with strong proficiency in financial modeling and interpreting large datasets
• Deep understanding of core investment concepts: portfolio theory, risk attribution, yield, drawdown, correlation, and volatility
• Excellent at communicating with institutional clients—including portfolio managers, analysts, CIOs, and risk managers—with the ability to distill complex analysis into clear, actionable insights
• Demonstrated deep interest in financial markets, investment strategies, and institutional workflows
• Self-starter with the ability to work independently in a fast-paced, remote environment
• Familiarity with institutional investment processes, research platforms, and financial data tools

Qualifications

• Bachelor’s or Master’s degree from a top-ranked university in Finance, Economics, Engineering, or a related field
• Minimum GPA of 3.7 (required)
• CFA, FRM, or MBA is a strong plus
• Experience with tools like Bloomberg, FactSet, or data programming languages (Python, R) is a bonus