Asset management and brokerage firms use money to make more money. In the process, several people who work in the industries make a lot of it.Although they do it with intensity and hard work, many industry workers avoid the death to investment banking and consultation in management. Asset management companies manage the client’s money in achieving the objectives regarding the guidelines of the investment pool. The pool can be the mutual fund, retirement or pension fund depending on how the fund was organized.
Asset management analysts builds a foundation that is strong and the elevation of the technical expertise by the use of a platform that for online-learning. The participate in firmwide and orientation that is division specific programs and the opportunities for networking. This will help in the support of the development of professional. Through this, an experience that is mult-channel builds up through orientation and addressing of the individual needs.
The asset finance analyst connects and collaborates with the colleagues in the firm and also access to thought leaders through a sponsorship model that is active. He/she is also part of the culture which is dynamic that can value innovation. When a new asset management analyst joins a company, he /she participate in orientation programs where he learns on division and core investment solutions of the company. This will help him to develop a transferable skillset that is strong.
There is demand that is huge for being an asset management analyst. It requires several skills for you to qualify. They include:
A bachelor’s degree and 3 years of working experience. This is the forefront requirement. Quantitative and analytical skills: The person needs to be well versed with spss and Microsoft excel because the work is all about spreadsheets and workbooks. Financial modeling is also another aspect that he/she needs to be aware of it.
Managerial and communication skills: As you are going to be incharge of a team, you need to have knowledge on how to manage the resources well. Good interpersonal and communication skills are important too.
Most of the company’s request them to be self-sufficient and people who can think broadly on the tasks that they are given. They are required to make suggestions that can improve the company and its productivity. The companies that have advertised for the job vacancies of asset management analyst include; The Centric Group of Colombia, Parker and Lynch of the San Francisco Bay Area, Invesco Limited of Albany,U.S.A,The Urban Edge Properties of Paramus etc.
The major functions of the asset management analyst is to analyze the records and identification and location of institutional equipments.Moreover, they deal with the analyzing the arrangement and the disposition of the equipment that are as a surplus.Furthemore, asset management analysts analyze the warehouse excesses. The reissue of the equipment’s is also analyzed before they are released to the department where they are needed. Performing periodic auditing is also his work to confirm if there are errors in it.
Asset management analysis has 3 phases in its life cycle of the equipments.They include; acquisition. Inventory and disposal.