How to Be Investment Management Support Analyst - Job Description, Skills, and Interview Questions

Jul 10, 2021 / 6 Minutes Read / By Albert

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Investment Management Support Analysts help investment professionals with the daily management of their clients' investments. By providing technical support and expertise in areas such as portfolio management, securities trading, compliance monitoring and risk analysis, Investment Management Support Analysts ensure that investments are managed in a manner that meets the objectives of both the investor and the investment firm. This type of support can help to increase returns, lower risks and improve overall performance of the portfolio. Additionally, Investment Management Support Analysts play an integral role in the development of new strategies and techniques to maximize the performance of a portfolio, thus enhancing its value to the investor.

Steps How to Become

Obtain a Bachelor's Degree. To become an investment management support analyst, you'll need to earn a bachelor's degree in business, finance, economics, or a related field. A degree in accounting or statistics can also be beneficial, as these are important skills for the position.
Consider Professional Certification. Although it's not required, earning a professional certification in investment management can be beneficial for those seeking to become an investment management support analyst. Certified Investment Management Analyst (CIMA) or Chartered Alternative Investment Analyst (CAIA) certifications are two popular designations that can provide the necessary knowledge and skills to excel in the field.
Gather Experience. Most employers prefer candidates who have prior experience in the field of investment management. Consider working as an intern or volunteer in a related position while getting your degree. Alternatively, you can gain experience through entry-level positions in finance or accounting.
Develop Strong Analytical Skills. Investment management support analysts must have strong analytical skills and be able to interpret data quickly and accurately. Consider taking classes in financial and statistical analysis to hone your skills and make yourself more marketable to employers.
Find a Job. Once you've gained the necessary education, experience, and skills, you can begin searching for an investment management support analyst position. Job sites such as Indeed, Glassdoor, and Monster are good places to start your search. Additionally, networking with professionals in the field can be helpful in finding employment opportunities.

Investment management support analysts play an important role in helping to ensure that investments are managed efficiently and effectively. They provide support in a variety of areas, from research and analysis to compliance and risk management. As a result of the important role they play, it is essential for investment management support analysts to be reliable and qualified.

Unfortunately, without proper training, qualifications and experience, the analyst may not be able to deliver the expected results or provide the necessary guidance. Therefore, when looking for an investment management support analyst, it is important to check their qualifications, experience and references in order to ensure they are reliable and qualified to handle the tasks required of them. Doing so will help to ensure that investment decisions are sound and that potential risks are minimized.

You may want to check Investment Research Analyst, Investment Trading Analyst, and Investment Banking Financial Associate for alternative.

Job Description

Monitor and research investment trends and markets
Develop and maintain financial spreadsheets
Generate reports on portfolio performance
Analyze portfolio asset allocations and rebalance as needed
Monitor and track client portfolios
Assist with the development of investment strategies
Manage client accounts and transactions
Assess risk tolerance and develop suitable portfolio allocations
Prepare reports and presentations for clients on portfolio performance
Perform research and due diligence on potential investments
Monitor economic, regulatory, and political changes that may affect investments
Liaise with external fund managers and custodians to ensure best execution of trades
Assist with regulatory compliance related to investments

Skills and Competencies to Have

Strong analytical skills
Excellent problem-solving abilities
Knowledge of investment management software and systems
Familiarity with financial markets and instruments
Knowledge of financial regulations and compliance requirements
Excellent communication and interpersonal skills
Ability to work independently and in a team environment
Ability to multi-task and prioritize tasks effectively
Ability to adapt quickly to changing environments
Proficient in Microsoft Office applications (Word, Excel, PowerPoint)

Investment Management Support Analysts have an array of skills that are essential for successful job performance. The most important of these skills is the ability to analyze financial data and market trends. An Investment Management Support Analyst must be able to interpret financial data quickly and accurately, identify potential risks and opportunities, and provide sound recommendations based on their findings.

They must also have strong interpersonal and communication skills in order to effectively communicate their recommendations to clients and colleagues. they must have an excellent understanding of the markets, legal regulations, and financial instruments. Lastly, they must be highly organized and detail-oriented in order to organize and manage large amounts of data, ensuring their clients' investments are managed correctly.

These skills are essential for Investment Management Support Analysts to be successful in their role and support the success of their clients investments.

Investment Director, Investment Manager Assistant, and Investment Associate Analyst are related jobs you may like.

Frequent Interview Questions

What experience do you have working in investment management?
Describe how you have worked with complex financial data and analysis.
How have you effectively communicated with clients and colleagues to ensure a successful investment outcome?
What strategies have you used to help manage portfolio performance?
How would you go about researching and analyzing market trends to identify potential investment opportunities?
Have you ever had to manage a portfolio through a volatile market? If so, how did you handle it?
What processes do you use to ensure accuracy when entering data into a system?
What experience do you have with automated investment management systems?
Describe your experience with financial modeling and forecasting.
How would you go about creating an effective investment strategy for a client's portfolio?

Common Tools in Industry

Bloomberg Terminal. Financial software platform for professionals in the financial service industry, used for data analysis and portfolio management. Example: Used to monitor market trends and financial performance of a portfolio.
Microsoft Excel. Spreadsheet software used to organize and analyze data. Example: Used for creating and tracking security positions in a portfolio.
Morningstar Direct. Investment research platform used to analyze stocks, mutual funds, ETFs, and other securities. Example: Used to compare different investments and identify opportunities.
StocksCafe. Investment tracking and portfolio management platform used to monitor investments, track performance, and create reports. Example: Used to create reports on investment performance and analyze risk.
Quicken. Financial management software used to track spending, budgeting, and investments. Example: Used to create reports on investment performance and analyze risk.

Professional Organizations to Know

Chartered Financial Analyst (CFA) Institute
Investment Management Consultants Association (IMCA)
National Investment Banking Association (NIBA)
Association for Investment Management and Research (AIMR)
Society of Professional Asset Managers and Record Keepers (SPARK)
Investment Company Institute (ICI)
Hedge Fund Association (HFA)
Investment Analysts Society of Canada (IAS)
Alternative Investment Management Association (AIMA)
International Association of Financial Engineers (IAFE)

We also have Investment Account Manager, Investment Fund Manager, and Investment Banking Intern jobs reports.

Common Important Terms

Asset Allocation. A strategy that involves dividing investment capital into different asset classes, such as stocks, bonds, and cash, in order to diversify risk.
Portfolio Rebalancing. The process of periodically readjusting the weightings of a portfolios assets according to an investors risk tolerance and goals.
Risk Tolerance. An investors ability to withstand market volatility and financial losses without becoming overly anxious or making rash decisions.
Investment Horizon. The length of time an investor expects to hold onto an investment before selling it.
Tax Efficiency. The strategy of minimizing the amount of taxes owed on investments by selecting investments with lower tax rates.
Performance Measurement. The process of tracking and evaluating how well an investment has performed over a certain period of time.
Risk/Return Trade-Off. The idea that investors must accept a certain level of risk in order to achieve higher returns.
Diversification. The strategy of spreading investments across different asset classes, industries, and geographic regions in order to reduce risk.

Frequently Asked Questions

Q1: What is an Investment Management Support Analyst? A1: An Investment Management Support Analyst is a professional who provides analytical and technical support to investment management firms. This includes monitoring market trends, researching potential investments, and providing financial analysis to help inform investment decisions. Q2: What are the responsibilities of an Investment Management Support Analyst? A2: The responsibilities of an Investment Management Support Analyst include analyzing financial data and markets, researching potential investments, and providing financial advice to investment firms. They may also provide technical assistance and training to other staff members. Q3: What qualifications are required to be an Investment Management Support Analyst? A3: To become an Investment Management Support Analyst, you will need to have a degree in finance, economics, or a related field. You will also need to have strong analytical and problem-solving skills, as well as knowledge of financial instruments and markets. Q4: What is the average salary for an Investment Management Support Analyst? A4: The average salary for an Investment Management Support Analyst is approximately $60,000 per year. Salary can vary depending on experience and the size of the firm. Q5: How can I become an Investment Management Support Analyst? A5: To become an Investment Management Support Analyst, you will need to complete a degree in finance, economics, or a related field. You will also need to gain experience in the financial industry by working in an investment banking or asset management firm. Additionally, you may need to obtain certifications in related fields such as the Chartered Financial Analyst (CFA) designation.