Investment Analyst
Magnitude Capital, a dynamic alternative investment firm, is seeking an investment analyst with hedge fund or similar experience to work as part of our tight-knit fund of hedge funds investment team. The ideal candidate will be an eager student of financial markets and investment decision making and will be proficient in data analysis and quantitative methods. This is an exceptional opportunity for you to further your career while working with industry veterans and contributing to investment decisions at the firm.
What you will do :
- Support core investment team in complex portfolio decision-making. Engage with peers through effective written evaluations and frequent group discussions.
- Leverage rigorous analytical techniques to assess hedge fund managers' potential to generate diversifying risk-adjusted returns.
- Conduct strategy and market research to evaluate hedge fund managers' strategies and relevant risk factors.
- Maintain and expand the analytical framework that drives portfolio management decisions.
- Partner with the firm's technologists to build and maintain processes that capture, organize, and evaluate risk and performance data for the portfolio and the industry.
What you have :
2+ years of financial experience; front-office role at a hedge fund or proprietary trading firm preferredFamiliarity with relative value hedge fund strategiesAdvanced quantitative and data analysis skillsFamiliarity with Python, R, or other statistical programming techniquesCollaborative mindset and firm-first mentalityStrong written and verbal communication skillsHigh attention to detailExcellent analytical skillsProven track record of academic excellenceCFA, MFE, or similar advanced education a plusWhat we do :
The firm was founded in 2002 by senior hedge fund professionals and has become a top industry performer serving a diverse and growing institutional client base. We are a team focused on building a world-class investment company through discipline, analytical rigor, and a results-oriented mindset.
What we offer :
Competitive total compensationBenefits package fully covered health insurance, generous 401K match, fertility services reimbursement program, tuition reimbursement program, parental leave, and moreHybrid work schedule Tuesday-Thursday in the office each weekWork that matters work with a small team and have a big impactFlexible work attire no formal dress codeQuality food catered meals from some of the best restaurants in NYC and fully stocked kitchenGreat teammates people with discipline, creativity, intellectual curiosity, and a sense of humorExciting culture analytical, open, collaborative, and collegialCompensation :
The budgeted salary range starts at $130,000$160,000. Total compensation will include salary, performance-based bonus, and full benefits. Total package will be commensurate with qualifications and experience and will be highly competitive relative to market. Actual pay will be adjusted based on experience.
Magnitude Capital, LLC is an equal opportunity employer. We are committed to fair hiring and promotion practices, and employee diversity will only benefit our team-based approach. We welcome exceptional candidates from all backgrounds to apply to Magnitude's open positions.