Raymond James Financial, Inc.
Investment Analyst II
Raymond James Financial, Inc., Baltimore, Maryland, United States, 21276
Job Summary
This role reports to the Senior Investment Strategists and is chiefly responsible for assisting in the development and refinement of our asset allocation models and long-term capital market assumptions (CMAs) that are used by Financial Advisors and their clients. The Investment Analyst will conduct in-depth macroeconomic and market research that are essential to guiding our long-term investment forecasts and views across all asset classes. The incumbent will collaborate with the CIO, economists, and investment strategists to develop and message our multi-asset class views, strategic and tactical positioning, and will be responsible for communicating key investment insights and allocation decisions to internal and external stakeholders. The Investment Analyst will also generate thought leadership on market dynamics, asset allocation and will be expected to participate in presentations, conferences, and other client-related events.
Essential Duties and Responsibilities
Lead the design and refinement of strategic and tactical asset allocation models across multiple asset classes
Lead the development, refinement, and regular update of capital market assumptions
Translate insights from CMAs and macroeconomic/market research into actionable tactical investment views
Develop commentary for advisor and client consumption that outlines our strategic and tactical views
Prepare and deliver both oral and written strategic and tactical views to key internal and external stakeholders
Develop, maintain, and enhance proprietary models for the economy (e.g., recessionary models), equities (valuation models) and fixed income (levels and spreads)
Contributes regularly to the CIO Suite of publications
Serve as back-up to CIO/Investment Strategists in responding to CA/FA inquiries
Knowledge, Skills, and Abilities Knowledge of Extensive knowledge of a wide range of asset classes that include equities (U.S., sectors, international, developed, and emerging markets), fixed income (sectors), commodities and alternatives.
A deep understanding of global capital markets, their dynamics, and the interplay between different asset classes
A foundational understanding of portfolio construction theory
Research tools such as FactSet and Bloomberg
On-line research data providers (Fed, BLS, BEA)
Company’s working structure, policies, mission, strategies, and compliance guidelines.
Economic and accounting principles and practices, the financial markets, banking, and analysis and reporting of financial data
Excel, PowerPoint, and Word
Skill in The ability to analyze macroeconomic factors and their impact on investments and asset allocation strategy
Strong quantitative analysis and financial modeling skills
Strong work ethic, commitment to deadlines and strong attention to details
Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases
Strong communication skill set, particularly writing
Preparing and delivering clear, effective, and professional presentations
Identify the needs of customers through effective questioning and listening techniques
Ability to Build databases, analyze data (including regression analysis), and communicate findings
Monitor the drivers of performance for each asset class ranging from equities to bonds to alternatives
Be self-motivated and successful in creating individualistic research
Organize, manage, and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment
Articulate reasons behind decisions
Keep all appropriate parties up to date on decisions, changes, and other relevant information
Identify problems, gather facts, and develop solutions
Educational/Previous Experience Requirements Undergraduate degree in Finance or Economics; CFA or MBA candidates a plus with 6-8 years of financial industry experience
An equivalent combination of experience, education, and/or training as approved by Human Resources
Licenses/Certifications SIE required provided that an exemption or grandfathering cannot be applied
Series 7 required
#J-18808-Ljbffr
Lead the development, refinement, and regular update of capital market assumptions
Translate insights from CMAs and macroeconomic/market research into actionable tactical investment views
Develop commentary for advisor and client consumption that outlines our strategic and tactical views
Prepare and deliver both oral and written strategic and tactical views to key internal and external stakeholders
Develop, maintain, and enhance proprietary models for the economy (e.g., recessionary models), equities (valuation models) and fixed income (levels and spreads)
Contributes regularly to the CIO Suite of publications
Serve as back-up to CIO/Investment Strategists in responding to CA/FA inquiries
Knowledge, Skills, and Abilities Knowledge of Extensive knowledge of a wide range of asset classes that include equities (U.S., sectors, international, developed, and emerging markets), fixed income (sectors), commodities and alternatives.
A deep understanding of global capital markets, their dynamics, and the interplay between different asset classes
A foundational understanding of portfolio construction theory
Research tools such as FactSet and Bloomberg
On-line research data providers (Fed, BLS, BEA)
Company’s working structure, policies, mission, strategies, and compliance guidelines.
Economic and accounting principles and practices, the financial markets, banking, and analysis and reporting of financial data
Excel, PowerPoint, and Word
Skill in The ability to analyze macroeconomic factors and their impact on investments and asset allocation strategy
Strong quantitative analysis and financial modeling skills
Strong work ethic, commitment to deadlines and strong attention to details
Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases
Strong communication skill set, particularly writing
Preparing and delivering clear, effective, and professional presentations
Identify the needs of customers through effective questioning and listening techniques
Ability to Build databases, analyze data (including regression analysis), and communicate findings
Monitor the drivers of performance for each asset class ranging from equities to bonds to alternatives
Be self-motivated and successful in creating individualistic research
Organize, manage, and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment
Articulate reasons behind decisions
Keep all appropriate parties up to date on decisions, changes, and other relevant information
Identify problems, gather facts, and develop solutions
Educational/Previous Experience Requirements Undergraduate degree in Finance or Economics; CFA or MBA candidates a plus with 6-8 years of financial industry experience
An equivalent combination of experience, education, and/or training as approved by Human Resources
Licenses/Certifications SIE required provided that an exemption or grandfathering cannot be applied
Series 7 required
#J-18808-Ljbffr