City National Bank

Provides banking, investment, and trust services

Investment Strategy Analyst

Asset ManagementConfirmed live in the last 24 hours

Full-timeNew York, NY, USAIn-person

About the Job

Requirements

A bachelor's degree or equivalent is required.
One to four years of experience in multi-asset class asset allocation, investment research, or investment strategy is required; recent graduates with relevant financial-services internship experience will be considered.
Demonstrated interest in asset allocation, equity and fixed-income markets, and how macroeconomic conditions affect them is required.
Comfort using modern analytical and AI-assisted tools to accelerate research, data work, and drafting, with the judgment to verify every output before use, is required.
Familiarity with Bloomberg and FactSet is required.
Proficiency in Microsoft Excel, PowerPoint, and Word is required.

Responsibilities

Track and analyze U.S. and global economic and market data, including equity markets, macroeconomic data, fixed-income markets, global business cycles, market themes, and currency dynamics.
Assist in identifying shifts in macroeconomic regimes.
Connect analyzed economic and market data to asset allocation and multi-asset-class portfolio positioning for decision makers.
Convert current macroeconomic data, research, and analysis findings into accessible multimedia content, including charts, presentations, webinars, short- and long-form writing, and scripts.
Draft market commentary in plain, precise language and tailor it for investment committees, portfolio managers, advisors, and retail and institutional clients with varying levels of market sophistication.
Maintain and create clean, documented, extensible, automated datasets, chart libraries, and presentations.
Support production of and contribute to new recurring weekly, monthly, quarterly, and annual materials, as well as ad hoc materials.
Build charts to a consistent style and maintain a reusable library of exhibits and templates.
Maintain data provenance so each conclusion can be traced to its source.
Track prior views and language to help maintain narrative consistency.
Connect macroeconomic conclusions to asset-class views and portfolio positioning in materials.
Assist with analysis of asset allocation and multi-asset portfolio construction, including asset allocation reviews, valuation and positioning comparisons, and performance and risk inputs across equities, international equities, and fixed income.
Provide inputs to asset allocation reviews, including valuation, earnings, yield, and spread data across equities, international equities, and fixed income.
Help assess how current positioning aligns with the current and expected macroeconomic backdrop.

Desired Qualifications

A master's degree is preferred.
Understanding of macroeconomics and how it affects asset allocation and equity and fixed-income markets is preferred, as is familiarity with basic econometric or time-series techniques.
Exposure to portfolio analytics concepts such as volatility, correlation, drawdown, and attribution is preferred.
Progress toward the Chartered Financial Analyst designation is preferred.
Working knowledge of Bloomberg and FactSet is preferred.
Coding experience in Python, R, SQL, or VBA for data analysis and automation is preferred.
Concise, accurate, source-disciplined writing and the ability to make complex investment concepts clear are preferred.

INVESTMENT STRATEGY ANALYST

WHAT IS THE OPPORTUNITY?

The Investment Strategy Analyst supports the CIO Office / Investment Management Group in content creation, macroeconomic and market research, and asset allocation analysis. The role sits close to the center of the investment process where efforts will support asset allocators. The primary focus will be twofold: to assist in analyzing the economy and markets and to generate content supporting both the marketing effort and asset allocation efforts

WHAT WILL YOU DO?

Macroeconomic and Market Research

Track and analyze U.S. and global economic and market data.
Topics include but not limited to: U.S. and non-U.S. equity markets, U.S. and Non-U.S. macroeconomic data, fixed income markets, global business cycles, market themes, currency dynamics and more.
Assist in identifying shifts in macro regime.
Assist in linking analyzed economic and market data to asset allocation / multi asset-class portfolio positioning for decision makers

Investment Content Creation

Convert current macroeconomic data, research, and analysis findings into easily digestible/consumable multi-media content; including but not limited to charts, presentations, webinars, written (both short and long form) material and scripts.
Draft market commentary in plain, precise language, and tailor the same message for the Investment Strategy Committee, portfolio manager, advisor, and client (retail and institutional) audiences, all with varying levels of market sophistication.
Maintain / create clean, well-documented, extensible, and automated datasets, chart libraries, and presentations.
Support current production of and contribute to new recurring materials: weekly, monthly, quarterly, annually, and ad hoc.
Build charts to a consistent style and maintain a reusable library of exhibits and templates.
Maintain full data provenance so every conclusion can be traced back to its source.
Help maintain narrative consistency, by tracking prior views and language.

Multi-Asset Portfolio Analysis Support

Help connect macroeconomic conclusions to asset-class views and portfolio positioning in materials.
Assist in analysis of asset allocation and multi-asset portfolio construction: asset allocation reviews, valuation and positioning comparisons, and performance and risk inputs across equities, international equities, and fixed income.
Provide inputs to asset allocation reviews, including valuation, earnings, yield, and spread data across equities, international equities, and fixed income.
Help assess how current positioning lines up with the current and expected macro backdrop.

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications*

Bachelor's Degree or equivalent
1–4 years of experience in multi-asset class asset allocation, investment research, or investment strategy. Recent graduates with relevant internship experience in financial services will be considered.
Demonstrated interest in asset allocation, equity and fixed income markets and how macroeconomic conditions affect them
Comfort using modern analytical and AI-assisted tools to accelerate research, data work, and drafting, together with the judgment to verify every output before it is used
Familiarity with Bloomberg and FactSet
Proficiency in Microsoft Excel, PowerPoint, Word

Additional Qualifications

Master's degree preferred
Understanding/fundamental knowledge of macroeconomics and how it transmits to asset allocation equity and fixed income markets. Additionally, familiarity with basic econometric or time-series techniques
Exposure to portfolio analytics concepts such as volatility, correlation, drawdown, and attribution
Progress toward the Chartered Financial Analyst (CFA) designation
Working knowledge of Bloomberg and FactSet
Coding experience in Python, R, SQL, or VBA for data analysis and automation
Concise, accurate, source-disciplined writing, with the ability to make complex investment concepts clear

WHAT'S IN IT FOR YOU?

Compensation

Starting base salary: $111,000 to $175,000 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

Get a more detailed look at our Benefits and Perks.

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 About Us.

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.

About the Company

City National Bank

Provides banking, investment, and trust services

City National Bank provides personalized banking, investment and trust services to individuals and businesses, with $93 billion in assets and $106 billion in client assets under management or administration. It offers traditional banking, wealth management and fiduciary services through branches and private banking relationships across markets in California, New York, Tennessee, Georgia, Delaware, Nevada, Washington, D.C., and Miami (as CN Bank). The bank distinguishes itself with a strong local footprint, close integration with its parent Royal Bank of Canada, and a history of community giving, including nearly $10 million donated in 2024. Its goal is to help clients grow and protect their wealth while supporting the communities it serves and expanding its market reach through trusted advisory services.

Company size: 5,001-10,000
Company stage: IPO
Headquarters: Los Angeles, CA
Founded: 1953

Recently Posted Jobs

Explore more opportunities at City National Bank

See more jobs