Junior Manager Research Analyst

Davenport & Company LLC; Richmond (VA); On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

401(k) contribution

Profit sharing plan

Paid Time Off

Wellness programs

Job summary

Davenport & Company LLC in Richmond, VA seeks a Junior Manager Research Analyst to support its Manager Research team. This role involves conducting qualitative and quantitative analyses of external investment managers and strategies across asset classes. Ideal candidates will have a degree in finance or related fields, along with 1-3 years of relevant experience. The position offers a competitive salary, benefits including a 401(k) plan, and a collegial culture, making it suitable for early-career professionals.

Qualifications

• 1-3 years of experience in investment research or a related field preferred.
• Interest in obtaining the CFA designation strongly preferred.
• Ability to understand and adhere to industry rules and regulations.

Responsibilities

• Assist in researching investment managers across traditional and alternative asset classes.
• Analyze historical performance and risk metrics, including peer group comparisons.
• Maintain and update manager research files and documentation.

Skills

Investment research

Asset management

Analytical skills

Communication skills

Detail-oriented

Education

College Degree in Finance, Economics, Accounting, or Mathematics

Tools

Microsoft Excel

Microsoft Outlook

Performance analytics tools

Job description

Overview

Davenport’s Manager Research team manages ETF and mutual fund portfolios for our clients and provides asset allocation guidance and investment due diligence on mutual funds, ETFs, separate accounts, and alternative investments.

JUNIOR MANAGER RESEARCH ANALYST

Location: Richmond, VA
Department: Davenport Asset Management

Overview

Davenport’s Manager Research team manages ETF and mutual fund portfolios for our clients and provides asset allocation guidance and investment due diligence on mutual funds, ETFs, separate accounts, and alternative investments.

The Junior Manager Research Analyst supports the Manager Research team by conducting qualitative and quantitative analysis of external investment managers and strategies across asset classes. This role is designed for an early career investment professional who is developing core research skills, investment judgment, and familiarity with institutional portfolio construction. The analyst will assist in all aspects of due diligence and ongoing review process as outlined below.

Responsibilities

• Assist in researching investment managers across traditional and alternative asset classes
• Analyze historical performance, attribution, and risk metrics, including peer group comparisons and benchmark analysis
• Help in collecting data for asset class research and asset allocation decisions
• Support initial and ongoing due diligence, including analysis of investment philosophy, process, performance, risk, and organization
• Maintain and update manager research files, databases, and due diligence documentation
• Participate in manager calls, meetings, and on-site visits; prepare notes and follow up materials
• Prepare written research summaries, scorecards, and internal memos
• Contribute to the creation of client facing materials, RFP responses, and presentation exhibits as needed
• Respond to internal research requests from advisors and portfolio managers
• Support ongoing improvement of the manager research process, templates, and workflows
• Coordinate with portfolio managers, trading, and operations teams to ensure accurate implementation of manager decisions
• Stay current on market trends, manager research best practices, and regulatory considerations
• Identify ways to incorporate artificial intelligence into the manager research process

Qualifications

• College Degree in Finance, Economics, Accounting, Mathematics, or a related field
• 1-3 years of experience in investment research, asset management, consulting, or a related analytical field preferred
• Progress toward or interest in obtaining the CFA designation strongly preferred
• Interest in investment strategies and capital markets
• Extremely well-organized, detail oriented and accurate; must be able to multi-task and meet deadlines
• Highly motivated; ability to work independently, with strong interpersonal and communication skills
• Proficiency in Microsoft Outlook, Word, and Excel; familiarity with performance analytics tools and databases a plus
• Ability to learn and master computer programs that house customer data
• Ability to understand and adhere to industry rules and regulations
• Professional demeanor

Salary & Benefits

We offer a competitive salary and excellent benefit program, including safe harbor 401(k) contribution, profit sharing plan, disability and life insurance, high deductible health plan with an HSA, an on-site Health Center, Paid Time Off and elective dental benefits. We offer wellness programs and support a friendly and collegial culture, with company sponsored volunteer opportunities during business hours.

DAVENPORT IS AN EQUAL OPPORTUNITY EMPLOYER

Davenport & Company LLC provides equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws.