Investment Strategy & Research Analyst I

Citizens; Boston (MA); Hybrid; USD 90,000 - 127,000; Full time

Job summary

Citizens is seeking an Investment Strategy & Research Analyst I in Boston to conduct investment research, due diligence, and monitoring of external managers across private markets and hedge funds. You will evaluate strategies, performance, and market trends to develop actionable insights for portfolio construction and allocations.

The role involves both qualitative and quantitative analysis, benchmarking, and preparing research, with opportunities to apply AI-enabled workflows and improve

Qualifications

• Bachelor’s degree in business, finance, economics, or related field.
• 1-3 years in investment research or asset management.
• Experience with qualitative and quantitative research and due diligence.
• Knowledge of capital markets and investment principles.
• Strong analytical and financial modeling skills and communication.
• Ability to work independently and manage multiple priorities.

Responsibilities

• Conduct qualitative and quantitative due diligence on external investment managers across private equity, private credit, private real assets, and hedge funds.
• Evaluate investment strategies, organizations, performance, portfolio construction, risk, and competitive positioning to identify key considerations and opportunities.
• Perform investment analysis including benchmarking, peer comparisons, performance analysis, financial modeling, and evaluation of market and portfolio data.
• Develop manager research, investment summaries, and recommendations to support manager selection, portfolio construction, and allocation decisions.
• Monitor approved managers and strategies, including performance, organizational developments, portfolio changes, and other factors impacting the investment thesis.
• Research asset classes, market trends, industries, and macroeconomic developments and assess their implications for alternative investment strategies.
• Prepare and present investment research, market insights, and strategy materials to the Investment team and other stakeholders.
• Enhance research processes through improved analytics, data management, AI, and technology-enabled workflow solutions.

Skills

Investment research

Due diligence

Financial modeling

Portfolio analysis

Communication

Education

Bachelor's degree in Business/Finance/Economics

Tools

Investment databases

Financial data platforms

Portfolio analysis tools

Job description

Description

We are seeking an Investment Strategy & Research Analyst I to conduct investment research, due diligence, and ongoing monitoring of external investment managers across private equity, private credit, private real assets, and hedge funds. This role will evaluate investment managers, strategies, performance, market trends, and portfolio considerations to develop insights and recommendations that support investment selection, portfolio construction, and allocation decisions.

Description

We are seeking an Investment Strategy & Research Analyst I to conduct investment research, due diligence, and ongoing monitoring of external investment managers across private equity, private credit, private real assets, and hedge funds. This role will evaluate investment managers, strategies, performance, market trends, and portfolio considerations to develop insights and recommendations that support investment selection, portfolio construction, and allocation decisions.

In this role you will perform both qualitative and quantitative investment analysis, including evaluation of manager organizations, investment strategies, track records, portfolio construction, risk factors, and relative performance. The role will synthesize financial, market, and manager information into investment research, analytics, and recommendations for consideration by the Investment team.

In addition to manager research, you will conduct research on asset classes, industries, companies, and macroeconomic trends relevant to alternative investment strategies and portfolio positioning. This role will also contribute to the continued development of the team's research capabilities through improved analytical tools, data management, AI-enabled workflows, and other technology solutions.

Key Responsibilities

• Conduct qualitative and quantitative due diligence on external investment managers across private equity, private credit, private real assets, and hedge funds.
• Evaluate investment strategies, organizations, performance, portfolio construction, risk, and competitive positioning to identify key considerations and opportunities.
• Perform investment analysis including benchmarking, peer comparisons, performance analysis, financial modeling, and evaluation of market and portfolio data.
• Develop manager research, investment summaries, and recommendations to support manager selection, portfolio construction, and allocation decisions.
• Monitor approved managers and strategies, including performance, organizational developments, portfolio changes, and other factors impacting the investment thesis.
• Research asset classes, market trends, industries, and macroeconomic developments and assess their implications for alternative investment strategies.
• Prepare and present investment research, market insights, and strategy materials to the Investment team and other stakeholders.
• Enhance research processes through improved analytics, data management, AI, and technology-enabled workflow solutions.

Required Qualifications

• Bachelor’s degree required, with Business, Finance, Economics, or a related field preferred; relevant investment experience, demonstrated aptitude, and a strong commitment to learning are valued over a specific field of study.
• 1-3 years of relevant professional experience in investment research, investment management, asset management, manager research, portfolio analysis, alternative investments, or a related investment discipline.
• Experience conducting qualitative and quantitative investment research, due diligence, financial analysis, and/or performance evaluation.
• Knowledge of capital markets and investment principles, with demonstrated experience analyzing complex financial and investment information.
• Analytical, financial modeling, problem-solving, and communication skills with the ability to develop and clearly articulate investment conclusions.
• Ability to work independently, manage multiple priorities, and collaborate effectively with investment professionals and other stakeholders.
• High ethical standards, sound judgment, and commitment to fiduciary responsibility and integrity.
• Demonstrated ability to apply AI and technology to improve research, analysis, workflow efficiency, and communication.

Preferred Qualifications

• Experience with external manager research, selection, due diligence, or monitoring across alternative investment strategies.
• Experience with investment databases, financial data platforms, performance analytics, or portfolio analysis tools.
• Experience developing or presenting investment research and recommendations to investment professionals or decision-makers.
• Certified Financial Advisor (CFA), Chartered Alternative Investment Analyst (CAIA), or other relevant professional credentials, or progress toward completion.

Schedule & Work Hours

• Work Hours: 40
• Work Schedule: Monday - Friday

Pay Transparency

• The salary range for this position is $90,00-127,000 per year plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the budget, work location, and relevant skills and experience.
• We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Why Work for Us

At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth