Associate Hedge Fund Research Analyst

Role overview

Bessemer Trust is looking for an early-career Hedge Fund Research Analyst to join its Hedge Fund team in New York. The position is well suited to someone with roughly 0 to 3 years of relevant experience who wants to build expertise in hedge fund investing, portfolio analytics, risk oversight, and investment due diligence.

The analyst will contribute to the hedge fund program by supporting manager research, portfolio monitoring, risk analysis, performance review, and reporting. Working alongside senior investment professionals, this person will help sustain the analytical and operational setup that informs decisions across a diversified hedge fund manager portfolio.

Portfolio analytics and risk management

• Keep portfolio, manager, and market information up to date across investment platforms and databases.
• Carry out quantitative reviews of hedge fund managers and portfolios, including performance, risk, correlation, exposure, attribution, and drawdown analysis.
• Help track portfolio liquidity, cash activity, and subscription/redemption movements.
• Assist in building portfolio risk reports and related analysis for investment staff and senior leadership.
• Check that data used in analysis and reporting is accurate, complete, and consistent.

Investment due diligence

• Support quantitative due diligence on potential hedge fund investments.
• Join meetings with prospective and current hedge fund managers, prepare thorough notes, and circulate them to the team.
• Review manager returns, portfolio traits, peer comparisons, and risk measures.
• Help onboard new hedge fund investments and keep investment records current in internal systems.
• Assist with ongoing oversight of existing managers and portfolio positions.

Reporting and communication

• Prepare recurring and one-off reports, presentations, and investment materials for internal and external stakeholders.
• Support quarterly letters, portfolio reviews, investment committee packages, and client-facing communications.
• Maintain a high standard of precision, consistency, and presentation quality in all shared materials.
• Handle routine questions about portfolio performance, holdings, and reporting data.

Data and vendor management

• Maintain hedge fund databases, reporting tools, and analytical systems.
• Reconcile and validate information from multiple internal and external sources.
• Work with third-party data suppliers and technology vendors to keep information timely and reliable.
• Support testing, rollout, and upgrades of analytics and reporting platforms.

Cross-functional collaboration

• Partner with investment, finance, operations, compliance, and client-facing teams.
• Support portfolio management work and help keep information consistent across departments.
• Contribute to special assignments and strategic initiatives when needed.

Qualifications

A bachelor’s degree in Finance, Economics, Accounting, Mathematics, Statistics, Engineering, or a closely related field is required. The ideal candidate will have about 0 to 3 years of experience in asset management, hedge funds, investment consulting, fund administration, performance reporting, investment banking, equity research, or a similar area.

Strong analytical and quantitative ability is essential, along with a solid understanding of financial markets, investment concepts, and portfolio analytics. Advanced skills in Microsoft Excel and PowerPoint are expected. Experience with financial databases and analytics tools is preferred.

Exposure to large language models and AI tools for research, analysis, reporting, or operations is a plus. Familiarity with Python, SQL, VBA, Power BI, or similar tools is also advantageous. Progress toward the CFA or CAIA designation is considered a plus.

Preferred characteristics

• Exceptional attention to detail and a strong commitment to accuracy.
• Clear written and verbal communication skills.
• Ability to juggle multiple priorities in a fast-moving environment.
• Curiosity about hedge fund strategies and alternative investments.
• Strong organization and a proactive, solution-oriented approach.
• Collaborative attitude and readiness to support the team wherever needed.

Compensation and benefits

The base pay range for this role is $85,000 to $105,000 per year. Depending on the position and business needs, the role may also be eligible for incentive compensation and other applicable compensation programs.

Eligible employees may participate in a 401(k) plan with a generous profit-sharing contribution, along with medical, prescription, dental, and vision coverage. Additional benefits can include life insurance, disability coverage, paid holidays, vacation, and sick time, subject to company policies and plan terms.

Bessemer Trust also offers a benefits package that may include competitive base salary plus discretionary annual bonus for select roles, personalized development and career opportunities with tuition reimbursement support, employee assistance and wellness programs, a hybrid work setup with 60% in-office and 40% remote for most positions, paid time off and parental leave, employer-paid life insurance and short- and long-term disability coverage, and no-cost legal services and financial wellness plans for employees.

About Bessemer Trust

Bessemer Trust is a family office managing about $250 billion in assets for more than 3,000 individuals and families of significant wealth. With more than 1,300 employees, the firm is focused on private wealth management through disciplined investing, wealth planning, family office services, and highly personalized client service.

Founded in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust remains privately owned and independent, now in its seventh generation of Phipps family ownership. The firm’s client-first philosophy, fiduciary approach, and collaborative culture are central to its identity.

Key facts

• Bessemer Trust has operated continuously for more than 119 years in one line of business and has remained independently owned by one family.
• The firm is headquartered in New York’s Rockefeller Center and has 22 offices overall.
• Woodbridge, New Jersey is one of the largest offices and includes a broad group of technology and operations professionals.
• Additional offices are located in Atlanta, Boston, Chicago, Dallas, Delaware, Denver, Garden City, Grand Cayman, Greenwich, Houston, Los Angeles, Miami, Naples, Nevada, Palm Beach, San Diego, San Francisco, Seattle, Stuart, and Washington, D.C.

Equal opportunity statement

Bessemer Trust is committed to building a diverse and inclusive workplace and is proud to be an equal opportunity employer. Candidates from all backgrounds are encouraged to apply.