Senior Associate II, Investments – Alternatives Forecasting and Portfolio Intelligence

About the role

The Investments Senior Associate, Alternatives Forecasting & Portfolio Intelligence is the dedicated analytics, forecasting, and performance expert for the Alternatives and Non-Core portfolio spanning Private Equity, Private Credit, Real Estate, Infrastructure, Hedge Funds, and Non-Core asset classes.

Responsibilities

• Develop and maintain asset- and strategy-level forecasts, financial plans, and M&A pricing models for all alternative and non-core investments
• Provide performance attribution, actual vs. budget variance analysis, and benchmarking for the alternatives and non-core investments portfolio
• Develop and maintain long-term capital market assumptions and strategic asset allocation inputs for alternative asset classes
• Serve as the subject matter expert for alternatives portfolio analytics and exposure reporting
• Build and maintain a suite of Power BI dashboards and lead alternatives data management across internal and external systems
• Drive continuous enhancement of forecasting and analytics capabilities
• Work in close coordination with the Portfolio Forecasting & Investment Analytics function supporting core fixed income to deliver integrated, firm-wide investment insights

Requirements

• 6+ years of experience in a quantitative investment analytics, portfolio analytics, investment forecasting, or alternatives-focused role at an institutional investment organization, asset manager, alternative investment firm, or investment bank
• Prior experience in a dedicated alternatives analytics, portfolio data, or investment forecasting function; experience within an insurance company investment environment (investment general account, CIO office, or insurance asset manager) strongly preferred
• Demonstrated experience building and maintaining asset-level forecasting models for illiquid asset classes (Private Equity, Private Credit, Real Estate, Infrastructure)
• Experience with performance measurement, attribution, and custom benchmark construction for alternative investments, including familiarity with public market equivalents (PMEs) and alternatives-specific return metrics
• Experience with large investment datasets using SQL, Power BI, Excel, and related analytics tools
• Experience with alternatives-specific data platforms and reporting tools (e.g., SPI by StepStone, MSCI Private i, or similar)
• Advanced Power BI skills: ability to design, develop, and maintain complex interactive dashboards from ground up and work with complex semantic data models and measures

Qualifications

• Bachelor’s degree in finance, economics, mathematics, statistics, computer science, or a related quantitative discipline required; Master’s degree preferred
• Progress toward CFA and/or CAIA designations is preferred
• Familiarity with alternative asset classes including Private Equity, Private Credit, Real Estate, Infrastructure, Hedge Funds, and Non-Core strategies (High Yield, CLO Equity, Public Equity)
• Deep understanding of alternative fund structures, cash flow mechanics, NAV and capital account reporting, fee structures, and their implications for portfolio modelling
• Knowledge of strategic asset allocation frameworks and capital market assumption development, with specific expertise in building long-term return, risk, and correlation inputs for illiquid and alternative asset classes
• Knowledge of portfolio risk analytics concepts including factor exposures, currency risk, and concentration analysis as applied to alternatives portfolios
• Expert proficiency in Excel for financial modelling including NAV, cash flow, IRR, gain/loss, pacing, and scenario analysis models
• Proficient in leveraging Excel Cube Functions and Power Pivot data models to analyze complex datasets, develop scalable reporting solutions, and support quantitative analysis and decision-making
• Experience applying AI-enabled tools, automation platforms, or data engineering workflows to improve investment analytics, reporting, or forecasting processes preferred

Skills

• Strong quantitative and analytical skills
• Excellent communication and collaboration abilities
• Ability to manage multiple projects and priorities
• Attention to detail and accuracy in modeling and reporting

Benefits

Comprehensive benefits package including health insurance, retirement savings plan, paid time off, and professional development opportunities.

Pay

The target base salary pay range for this role is $152,000-$160,000*

*Target full-time equivalent base salary range is based on relevant market data. The actual salary offered will depend on applicable market data for hiring location and relevant candidate knowledge, skills/experience.

Schedule

Full-time position.