What does a portfolio analyst do in the portfolio analytics group? It says you will be assigned a portfolio--is this an equity portfolio? What type of portfolios are "assigned" in this role?
What are the exit ops for a position like this? Is it a good starting point for someone wanting to manage an equity portfolio, or just for portfolio management in general?
It looks like everything on here is talking Blackrock---this is not a position there, so the exit ops may vary from PAG-->PMG.
What is a Portfolio Analyst
There is some debate about whether portfolio analytics is back office or middle office. It likely depends on the firm and the group. This role will give you exposure to portfolio managers and equity research teams, but it's not necessarily a stepping stone to becoming either. Depending on the type of portfolio you are working on, CFA, MBA, or an advanced degree in math, financial engineering or some quantitative subject could be helpful.
Some WSO users share their experiences with the role:
From Certified Corporate Finance Professional - Manager @manbearpig
You'll be producing and managing pnl and risk reports for the portfolios assigned to you. You will occasionally have the opportunity to speak with PMs and so if you're very charming and a solid networker, you can make something happen.
From Certified Hedge Fund Professional - Quant @IlliniProgrammer
I think the best comparison is really financial consulting. That's basically what this is. It's an oft-overlooked career path with a lot of very smart down-to-earth people, and the economics/lifestyle would make megafundguy "JELLY".
- Opinions on BlackRock PAG (Portfolio Analytics Group) Now
- Portfolio Analytics vs FPA Role at Corporate Firm
- Portfolio Analytics/Portfolio Construction Role: How Good or Bad?
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