Senior Equity Research & Portfolio Strategy Specialist

SENIOR EQUITY RESEARCH & PORTFOLIO STRATEGY SPECIALIST

WHAT IS THE OPPORTUNITY?

This position serves as a senior strategist within our equity portfolio management team, responsible for developing and implementing advanced portfolio construction frameworks across multiple market segments. The role bridges fundamental equity research with sophisticated quantitative approaches to enhance investment decision-making, optimize portfolio performance, and expand our equity coverage universe through systematic methodologies.

WHAT WILL YOU DO?

Research & Analysis

Conduct in-depth analysis of equity market segments including US mid / small caps and international equities to identify structural trends and market inefficiencies

Develop proprietary research methodologies that integrate fundamental insights with quantitative signals to generate alpha

Partner with fundamental analysts to expand research coverage through systematic approaches and screening tools

Monitor macroeconomic developments and assess potential impacts on different equity market segments

Generate actionable investment insights through analysis of complex datasets, market dynamics, and academic research

Portfolio Construction & Optimization

Design and implement sophisticated portfolio construction frameworks that balance return objectives with risk parameters

Develop multi-factor models to enhance security selection and portfolio allocation decisions

Create and maintain optimization processes that effectively manage portfolio constraints while maximizing expected returns

Implement strategies to minimize transaction costs and market impact during portfolio rebalancing

Evaluate and integrate alternative data sources to enhance return forecasting capabilities

Quantitative Modeling & Data Analysis

Build and maintain equity valuation models to identify potential investment opportunities in areas without dedicated fundamental coverage

Develop and refine factor-based screening methodologies to systematically identify promising investment candidates

Perform statistical analysis to test investment hypotheses and validate proposed strategies

Collaborate with data science team to develop innovative approaches for extracting investment insights from large equity datasets

Maintain and enhance Python-based analytical tools for portfolio management and investment decision support

Performance Analysis & Risk Management

Design comprehensive portfolio analytics to evaluate investment decisions and provide attribution analysis

Develop reporting frameworks to monitor portfolio characteristics, factor exposures, and performance metrics

Analyze portfolio risk exposures across various dimensions (sector, region, factor, etc.) and recommend adjustments

Conduct scenario analysis and stress testing to assess portfolio resilience under different market conditions

Provide regular performance and risk reports to the investment committee and senior management

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications

Bachelor's Degree or equivalent in Finance, Economics, Business, Mathematics, or related field

Minimum 15 years financial services experience

Minimum 10+ years of experience in equity research, portfolio management, or related investment roles

Minimum 5 years of experience applying quantitative methods to investment processes

Additional Qualifications

Demonstrated expertise in portfolio construction across different market segments

Proven track record of developing and implementing equity models and screening tools

Experience working with large financial datasets and deriving actionable insights

Master's degree in finance, Economics, Financial Engineering, or related quantitative discipline preferred

CFA designation preferred; progress toward completion considered

Technical Skills and Knowledge

Advanced proficiency in Python for financial analysis and model development

Strong SQL skills for querying and analyzing large equity datasets

Experience with portfolio optimization techniques and risk management frameworks

Thorough understanding of equity valuation methodologies and factor investing

Knowledge of statistical methods and their application to investment processes

Familiarity with machine learning concepts and applications in finance

Understanding of market microstructure and trading implementation

Proficiency with financial databases (e.g., Bloomberg, FactSet, MSCI Barra)

Professional Attributes

Exceptional analytical thinking and problem-solving capabilities

Strong intellectual curiosity and commitment to continuous learning

Excellent written and verbal communication skills with ability to translate complex analysis into actionable recommendations

Ability to work both independently and collaboratively in a team environment

Strong project management skills with attention to detail and ability to meet deadlines

Intellectual rigor and ability to defend investment theses with sound reasoning

Preferred Qualifications

Additional Experience

Experience working in multi-asset investment environments

Track record of applying data-driven insights to enhance investment decision-making

Background in developing systematic screening tools for equity selection

Experience with alternative data sources and their integration into investment processes

Familiarity with international equity markets and multi-region portfolio construction

Additional Skills and Attributes

Knowledge of advanced econometric techniques and time-series analysis

Experience with cloud computing platforms for financial analysis

Understanding of ESG integration in portfolio construction

Familiarity with natural language processing applications in equity research

Experience mentoring junior team members and contributing to team development

Ability to communicate technical concepts to non-technical stakeholders

WHAT'S IN IT FOR YOU?

Compensation Starting base salary : $141,830 - $263,408 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and / or commissions.

Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including :

Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date

Generous 401(k) company matching contribution

Career Development through Tuition Reimbursement and other internal upskilling and training resources

Valued Time Away benefits including vacation, sick and volunteer time

Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs

Career Mobility support from a dedicated recruitment team

Colleague Resource Groups to support networking and community engagement

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ABOUT US

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

• Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.