Job description, can this lead to something better?

The title of the position is "Investment Analyst" but I'm not sure about the group.

This individual will assist more senior analysts in the selection, evaluation, and on-going monitoring of external investment managers. In addition, this individual will assist in the creation and review of quarterly materials delivered to the Board of Directors and other senior members within Funds Management Group. Responsibilities including covering smaller, less complex mutual fund, and creating analytical and software related reports. Works under the direct supervision of management or senior analysts and will need to develop the knowledge and skills necessary for investment decision-making and manager selection/oversight. This individual will also support sales, relationship management and client service professionals. Responsibilities may also include generating investment communication materials, reporting, data aggregation, and issue resolution.

 

This sounds like a fund of funds gig. While it is possible to move into a top asset management firm (think Blackrock/SSGA etc), it would take some networking. A CFA would also help. What will work to your advantage is the fact that you'll get tons of exposure to fund managers in a wide variety of asset classes which should make the networking easier.

What exactly do you mean by something better?

 

As always, if it's all you have, take it. We'd need to know your background, other options, and what you really want to do to be able to give some advice.

But, this does look like an FoF gig. If you network your ass off (as you'll be dealing with fund managers you will have decent opportunity), you might find an opportunity. It's a tough jump, from what I've heard, though.

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee
 

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