Portfolio Manager - Asset Allocation Research

First Citizens Wealth; Raleigh (NC); Vor Ort; USD 100.000 - 165.000; Vollzeit

Zusammenfassung

First Citizens Bank is seeking a senior member of the asset allocation team within the Capital Management Group in Raleigh, NC. You will conduct quantitative and fundamental research to support capital market assumptions, strategic asset allocation, and multi-asset portfolio construction, guiding wealth partners and internal stakeholders.

You will mentor investment professionals, contribute to model governance, and communicate investment views across public and private assets while helping

Qualifikationen

• Bachelor's degree in finance, mathematics, statistics, economics, or related field with 6+ years of asset allocation/investment analysis.
• Advanced degree or CFA charterholder preferred.
• Experience with multi-asset portfolio construction and investment research.

Aufgaben

• Perform quantitative and fundamental research to support capital market assumptions and asset allocation.
• Produce performance reporting, attribution analysis, and communicate insights to wealth partners.
• Provide business support with client portfolio solutions and investment analysis.
• Maintain and monitor asset allocation models, ensuring policy adherence and risk controls.
• Support governance activities, model risk management, and regulatory processes.

Kenntnisse

Portfolio Management

Capital Markets

Investment Analysis

Market Trend Analysis

Writing and Reporting

Data Driven Decision Making

Ausbildung

Bachelor's Degree in Finance / Mathematics / Statistics / Economics

CFA Charterholder (preferred)

Jobbeschreibung

Overview

Join First Citizens Bank and be part of a team dedicated to helping clients build stronger financial futures. From banking and lending to investments, insurance, and wealth planning, the First Citizens Wealth team provides comprehensive solutions backed by trusted expertise. Here, your work helps power meaningful progress for the clients and communities we serve.

This position serves as a senior member of the asset allocation team within the Capital Management Group (CMG). Conducts quantitative and fundamental research to support capital market assumptions, strategic asset allocation decisions, and multi-asset portfolio construction. Contributes to the development of CMG investment views across public and private asset classes and helps communicate those views to wealth partners, clients, and internal stakeholders. Provides leadership, mentorship, and guidance to less experienced investment professionals while supporting the continued evolution of the asset allocation process. Supports investment committees, model governance activities, and strategic business initiatives through rigorous investment analysis, collaboration, and effective communication.

Responsibilities & Qualifications

Asset Allocation Research

• Conducts quantitative and fundamental research supporting capital market expectations, strategic asset allocation decisions, and portfolio construction. Develops and maintains analytical models used to evaluate expected returns, risks, correlations, and diversification benefits across public and private asset classes. Works collaboratively with other investment professionals to develop and refine CMG's investment outlook and portfolio recommendations.

Performance Reporting & Attribution

• Produces daily, monthly, quarterly, and ad hoc performance reporting, attribution analysis, and investment communications. Interprets portfolio and market data to identify performance drivers, portfolio risks, and investment trends. Communicates findings effectively to investment professionals, wealth advisors, and other stakeholders through written and verbal presentations.

Business Support

• Partners with wealth advisors, institutional partners, and other business units to deliver custom asset allocation analysis, client-specific portfolio solutions, investment insights, and performance reviews. Supports sales, relationship management, and educational initiatives through timely and accurate investment analysis and portfolio recommendations.

Portfolio & Model Management

• Maintains asset allocation models and portfolio strategies within portfolio accounting, performance reporting, and trading systems. Ensures model accuracy, consistency, and adherence to approved investment policies and guidelines. Supports implementation of allocation changes and continuously monitors portfolio positioning, exposures, and risk characteristics.

Governance & Compliance Support

• Supports investment committee activities, model governance, model risk management, and regulatory compliance processes. Prepares investment committee materials, maintains investment process documentation, and ensures supporting analysis is accurate, complete, and consistent with established policies and procedures.

Position Specific Skills

• Portfolio Management
• Capital Markets
• Investment Analysis
• Market Trend Analysis
• Writing and Reporting
• Data Driven Decision Making

Qualifications

• Bachelor's Degree and 6 years' experience in Asset allocation, investment research, portfolio construction, or related investment analysis
• OR High School Diploma or GED/Equivalent and 10 years' experience in Asset allocation, investment research, portfolio construction, or related investment analysis
• Preferred Area of Study: Finance, Mathematics, Statistics, Engineering, Economics, or related quantitative discipline
• Preferred Licenses or Certifications: Advanced degree and/or CFA Charterholder

Additional Information

The base pay for this position is generally between $100,000 and $165,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.