Sr. Investment Analyst/Investment Associate

Pennington Partners & Co.; Maryland; Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Salary and bonus

Comprehensive benefits

Health insurance options

401K with employer match

Commuter parking benefit

Job summary

Pennington Partners, a boutique multi-family office, is seeking a Sr. Investment Analyst/Investment Associate to lead due diligence on private and public investments, analyze client portfolios, and support asset allocation and performance monitoring in a fast-paced environment.

This role can be based in New York City or Bethesda, MD. You’ll collaborate with the investment team to source and underwrite opportunities, prepare investment memos, and present recommendations to the Investment

Qualifications

• 3–5 years of relevant investment experience at an endowment, foundation, family office, or investment bank.
• Strong financial analysis and modeling skills with diligence in due diligence.
• Ability to mentor analysts and collaborate with senior investment team.

Responsibilities

• Collaborate with the investment team to conduct due diligence on private and public opportunities.
• Source, underwrite, and evaluate primary fund commitments and co-investments.
• Allocate assets for UHNW operating partner families.
• Develop investment memos, manager reviews, and IC materials.
• Conduct full-cycle diligence including financial modeling and risk analysis.
• Support monitoring of existing investments.

Skills

Financial analysis

Modeling skills

Attention to detail

Collaboration

Self-motivated

Education

Bachelor's degree in Finance/ Economics/ Business

Job description

Founded in 2016, Pennington Partners is an award-winning multi-family office that serves entrepreneurial founders, high-income earners, and multi-generational families through integrated wealth and investment solutions. Managing more than $4 billion across advisory mandates, private funds, and affiliated entities, Pennington Partners brings rigor with an entrepreneurial spirit.

Our culture is vibrant, intelligent, and relentlessly driven. We are an ensemble of exceptional professionals with diverse, multi-disciplinary backgrounds who value independent judgment, integrity, and fresh thinking. While the firm continues to gain scale and institutional structure, we remain deeply committed to our entrepreneurial roots—valuing agility, creativity, and an unwavering client focus.

About the Position

The Sr. Investment Analyst/Investment Associate will be responsible for due diligence of alternative and traditional investments across private and public markets, analysis of client investment portfolios, asset allocation, and performance monitoring. You must be comfortable working in a fast-paced, dynamic, performance-driven environment, and committed to delivering a high-quality, accurate product on a time-sensitive basis. This position can be based in New York City, NY or Bethesda, MD.

What You’ll Do

• Collaborate with the investment team to conduct due diligence on private and public investment opportunities, primarily focused on private equity, private credit, hedge funds, and other alternative investment funds, as well as select long-only funds
• Source, underwrite, and evaluate primary fund commitments and co-investment opportunities.
• Work with the investment team to allocate assets for Pennington's UHNW operating partner families
• Develop investment memos, manager reviews, and recommendation materials for Investment Committee meetings
• Conduct full-cycle diligence, including qualitative analysis, financial modeling, and risk analysis
• Support monitoring of existing investments

What You’ll Need.

• 3-5 years of relevant experience at an endowment, foundation, family office, institutional investment/allocator platform, or investment bank with a track record of relevant experience such as manager selection across alternative investments and/or direct and co-investments
• Bachelor’s degree with a concentration in Business, Finance, Math, Accounting, or Economics preferred
• Strong financial analysis and modeling skills
• Collaborate with senior investment team and mentor analysts to conduct due diligence and author investment memo recommendations
• Ability to work in a fast-paced environment under tight deadlines while exerting a high level of attention to detail
• Strong analytical and problem-solving skills
• Self-motivated with a continuous process improvement mindset

Behavioral Characteristics

• Judgment – does the right thing first with a bias for action.
• Diplomacy – diplomatic and deferential yet assertive.
• Logic – reasons in a consistent manner with applied critical thinking.
• Analytical orientation – carefully evaluates all details presented.
• Self-reliance – takes action and moves forward without specific direction, also asks questions at appropriate times without prodding.
• Efficiency – spends a minimum of effort or resources to achieve maximum results.
• Formality – respects but does not always follow convention(s); willing to experiment.
• Constancy – unwavering and unexcitable. “Quiet” confidence. Comfortable with ambiguity.
• Centered – unhesitating in expressing their personal values.
• Intellectual curiosity – an insatiable thirst for knowledge; a need to understand.
• Self-possession – self-monitored, thinks before speaking.
• Pluck - courage or resolution in the face of difficulty.
• Collaboration - ability to build and maintain positive relationships with both Pennington colleagues and external stakeholders.

What You’ll Get

We offer competitive and comprehensive benefits to help you prioritize your wellness and your career development. Working with a company that leverages our Core Values: Developing One’s Greatest Potential, Thinking Big, Client Obsession, Tikkun Olam (Repair Our World).

• Salary - Competitive compensation (base salary + target bonus)
• Benefits - Robust benefits package with a choice of PPO Health Insurance Plans covering medical, dental, vision, disability, and group term life insurance. Optional HSA Plan, with a $600 employer contribution. 401K Plan with employer match, commuter parking benefit, cell phone reimbursement.
• Health & Wellness - $100/month stipend to use on the choice of fitness, meditation classes, meal kits, CSA, and more. Oura Ring welcome gift and one-year subscription to the Oura Ring app, and Pennington welcome swag! Worldwide emergency travel assistance coverage.
• Paid Time Off - 15 days PTO, unlimited sick leave, bereavement leave, 11 federal holidays and 3 floating holidays. Paid maternity and paternity leave for biological and adoptive parents, plus the option to work from home after paid leave ends to extend time with your growing family, and a $4,000 childcare stipend to help you transition back to work.

EQUAL EMPLOYMENT OPPORTUNITY

It is the policy of Pennington Partners to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law. It is Pennington Partners’ policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.