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NEPC, LLC

Investment Analyst - OCIO

NEPC, LLC, Boston

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Level: 1 - 3 years of experience
Location: Boston is preferred, but flexible for the right candidate
NEPC is looking for an Investment Analyst to join our Outsourced Chief Investment Officer (OCIO) team. This position works with the Portfolio Strategists and the broader Research team to recommend and implement investment decisions for our OCIO clients. They are also supported by the NEPC Investment Operations team. The OCIO team works closely with both the Research and Consulting teams at NEPC.
NEPC’s OCIO business covers all major institutional client types including but not limited to: Endowment & Foundation, Healthcare, Pension (public, Taft-Hartley, and corporate), Defined Contribution, and ultra-high net worth (private wealth) portfolios. The OCIO Investment Analyst would be exposed to all of these client types but likely have a primary focus on a subset of these. In addition to client coverage, the OCIO Analyst has asset class coverage where they will work very closely with the relevant NEPC research team who covers that asset class.
Job Summary:
In this highly visible and fast-paced role, you will manage all aspects of discretionary portfolios including strategic and tactical asset allocation, portfolio construction, manager implementation, daily portfolio monitoring and rebalancing, cash management and client support. You will also prepare materials for the NEPC OCIO Committee meetings and interact with the Committee. Additionally, you will help prepare materials for time-sensitive new business opportunities. This individual will also be responsible for leading projects to improve portfolio management and operations, including specialty projects and research by client type / asset class.
Job Requirements:

  • A minimum of one - three years of investment-related experience is preferred.
  • College degree required; advanced degree and/or the CAIA designation, CFA designation (or progress toward these credentials) is preferred and is a requirement for longer-term career growth on the team.
  • Understanding and interest in investing, including the asset managers, consultants, and allocators operating in the space, is preferred.
  • Strong knowledge of financial markets and ability to communicate current market conditions to both internal and external stakeholders.
  • Excellent working knowledge of Microsoft applications (Excel, PowerPoint, Word); Candidates will be expected to have proficient Excel modeling skills with the ability to take data sets and synthesize into outputs that provide the base analytics for investment research. Investment modeling experience strongly preferred.
  • Ability to quickly gain command of new software packages, analytic platforms and investment databases is essential; familiarity with FactSet, Bloomberg, eVestment and Spotfire is preferred. A demonstration of abilities will be part of the interview process as part of a case study.
  • Must have strong organizational, problem solving and time management skills.
  • Excellent communication skills, both oral and written, are imperative. Mature, professional demeanor and ability to present to clients and prospects is important, as that aspect of the role will increase with time.
Company Background:
NEPC, LLC is a full-service investment consulting firm based in Boston, Massachusetts. We were founded in 1986 and now have approximately 375 employees and over 400 clients. We help governments, institutions, families, and individuals preserve and grow their capital across different asset classes and market cycles. We provide a variety of consulting services such as asset allocation, performance measurement, policy formulation, investment manager research, and discretionary portfolio management. Our clients include defined benefit, defined contribution, endowments, foundations, trusts, public, corporate, Taft-Hartley, health & welfare, high net worth, insurance, and private plans.
Culture is important to us here at NEPC – our values include putting clients first, doing the right thing, bringing your whole self to work, building trust, embracing change, and having a “we before me” approach in our work. Advancing diversity and inclusion within our firm and industry is also a core initiative at NEPC. We are a strong advocate of promotion from within, so excellent potential exists for professional growth. We’re a fun (but demanding) company with excellent working conditions, a very supportive, team-oriented environment, and a full benefits program to support your life and well-being. We offer a competitive salary and bonuses (when applicable).
NEPC is an Affirmative Action/Equal Opportunity Employer (August 2025)

Seniority level

  • Seniority level

    Associate

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Finance and Sales

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Medical insurance

Vision insurance

401(k)

Paid maternity leave

Paid paternity leave

Tuition assistance

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