Investment Risk Analyst

New York Life; New York (NY); Hybrid; USD 93,000 - 133,000; Full time

Job summary

New York Life seeks an investment risk analyst to support performance reviews and due diligence for public and private markets. You will help evaluate risk, construct portfolios, and ensure disciplined decision processes with clear documentation.

The role emphasizes strong analytical skills, familiarity with major analytics platforms, and the ability to synthesize complex information into concise summaries for governance forums. Hybrid work arrangement applies.

Qualifications

• Bachelor's degree in a quantitative or analytical discipline is required.
• CFA, MBA, or Master's degree with strong analytical focus is a plus.
• 1 to 4 years of experience in an investment related or investment risk adjacent role; internships relevant.

Responsibilities

• Support investment performance reviews across public and private market strategies.
• Assist due diligence and track record evaluation, including performance history, attribution where available, portfolio construction, decision process consistency, and key risks.
• Analyze portfolio exposures and risk, including concentration, liquidity, leverage, and structural features specific to less liquid vehicles.
• Review and synthesize investment materials, including manager communications, investment memos, quarterly letters, and portfolio updates.
• Assist in maintaining consistent monitoring frameworks for less transparent strategies, including repeatable templates, documented assumptions, and clear escalation thresholds.
• Prepare clear analytical summaries for internal investment reviews and governance forums, with conclusions supported by evidence and appropriate caveats on data limitations.
• Support evaluation of new strategies and changes to existing mandates, including rationale, expected role in portfolio, and key risks and constraints.
• Collaborate with internal stakeholders to provide timely, evidence based investment insights, including ad hoc analyses tied to market events and manager developments.

Skills

Excel

Bloomberg

FactSet

Aladdin

Python

SQL

AI analytics tools

PitchBook

Preqin

Valuation analysis

Education

Bachelor's degree in quantitative/analytical field

CFA

MBA

Master's degree

Tools

Bloomberg

FactSet

Aladdin

Job description

Location Designation: Hybrid - 4 days per week

What You'll Do

• Support investment performance reviews across public and private market strategies, including identifying performance drivers and notable changes versus expectations.
• Support manager due diligence and track record evaluation, including performance history, attribution where available, portfolio construction, decision process consistency, and key risks.
• Analyze portfolio exposures and risk, including concentration, liquidity, leverage, and structural features specific to less liquid vehicles.
• Review and synthesize investment materials, including manager communications, investment memos, quarterly letters, and portfolio updates.
• Assist in maintaining consistent monitoring frameworks for less transparent strategies, including repeatable templates, documented assumptions, and clear escalation thresholds.
• Prepare clear analytical summaries for internal investment reviews and governance forums, with conclusions supported by evidence and appropriate caveats on data limitations.
• Support evaluation of new strategies and changes to existing mandates, including rationale, expected role in portfolio, and key risks and constraints.
• Collaborate with internal stakeholders to provide timely, evidence based investment insights, including ad hoc analyses tied to market events and manager developments.

Advanced Analytics and AI

• Use advanced analytics and AI enabled tools to improve the consistency and efficiency of investment review and risk assessment.
• Apply modern techniques to distill insights from large volumes of material, identify changes in portfolio posture over time, and highlight emerging risks for follow up.
• Contribute to building repeatable workflows that improve monitoring discipline, while adhering to firm policies for confidentiality and appropriate handling of non public information.

What You'll Bring

• Bachelor's degree in a quantitative or analytical discipline required. CFA, Master's degree or MBA with strong analytical focus is a plus.
• 1 to 4 years of experience in an investment related or investment risk adjacent role. Internships in asset management, consulting, banking, or investment risk are relevant.
• Exposure to private markets or alternative investments required.
• Strong written and verbal communication skills, including the ability to synthesize complex information into concise, decision oriented summaries.
• Demonstrated interest in building a career in investment analysis and investment risk, with strong attention to detail and follow through.

Technical Skills

• Strong Excel skills and comfort working with data, including clean outputs and transparent assumptions.
• Experience with investment analytics platforms such as Bloomberg, FactSet, or Aladdin is a plus.
• Familiarity with Python, SQL, or similar tools is helpful.
• Experience using AI enabled analytical tools in a professional setting is valued.
• Experience with PitchBook and or Preqin is a plus.
• Experience with company level valuation and financial analysis is a plus, including interpreting financial statements, assessing value drivers, and translating downside risks into monitoring questions.

Pay Transparency

• Salary Range: $93,000-$133,000
• Overtime eligible: Exempt
• Discretionary bonus eligible: Yes
• Sales bonus eligible: No
• Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Please note: This role requires FINRA licensed and/or FINRA Associated Person pre-hire fingerprinting.

Company Overview

At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact.

Our diverse business portfolio creates opportunities to make a difference across industries and communities—inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you'll find the rare balance of long-standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress.

As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what's next, and your growth powers it.

Our Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion

At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life's leadership in this space.

Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.

Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.