Investment Consulting: currently 150 jobs.The latest job was posted on 17 Jan 19.
Investment consultants are investment professionals who advise clients on how to maximise their investments while staying within the risk boundaries the client prefers.
Some investment consultants, such as senior private bankers, work directly with high net worth individuals and wealthy clients. Most work with trustees, such as pension fund trustees, to help them work out the most suitable mix of investments.
Types of Investment Consulting Role
Investment consultants may take on an asset allocation role, or a fund selection role.
Asset allocation professionals use complex mathematical and economic models to advise trustee clients how to generate the returns they require. For example, they may advise on the right mix of equities, bonds, private equity funds or alternatives. Asset allocation jobs usually require an actuarial qualification, and skill with statistical modelling is a prerequisite.
Fund selection managers analyse individual asset managers and their products, and are thus able to advise clients on fund strategy. Fund selection specialists have a high degree of client contact, and must be able to communicate their strategy advice in layperson's terms. Most fund selection managers typically have a CFA qualification or equivalent.
Entry Level Roles
Entry level investment consultancy roles are usually at an analyst level. A fund research analyst, for example, will draft investment policies, construct statistics and produce reports for clients on a regular basis, but the role involves little direct client contact.
For all consulting roles, excellent communication skills are a must. In Singapore, investment consultants may fall under the umbrella term of financial advisers, depending on the exact work done and the nature of the employer. In some cases, either a Capital Markets License or a Financial Adviser License will be required.