Assistant Vice President, Alternative Investments

Job Number: 9704

Job Number: 250000D1

External Description: At Equitable, our power is in our people.

We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?

We are seeking a highly motivated investment professional to join the General Account ("GA") Investment team to support our $4B alternatives portfolio. This role will focus on private equity, private credit, infrastructure and real estate strategies, with responsibilities spanning investment diligence, execution and portfolio management. The successful candidate will play a key role in shaping the investment strategy and driving performance across a diversified alternatives portfolio .

Responsibilities include, but are not limited to:

• Lead and support private markets investment activities across private equity, credit, infrastructure, real estate.

• Conduct market research on investment strategies and comprehensive due diligence on existing/prospective fund managers.

• Support new investment origination and pipeline management.

• Lead execution of new investments, including structuring, negotiation, and documentation, working in partnership with legal, risk and other internal stakeholders.

• Monitor and manage the existing portfolio, including performance tracking, exposure analysis, income projection and other ad hoc analysis.

• Prepare and present investment recommendation to GA Investment Committee.

• Represent the firm at Advisory Boards, industry conferences, and ILPA events.

• Collaborate cross-functionally with risk, treasury, accounting, and legal teams to ensure alignment and timely delivery of results.

In office schedule: This team member will be working in the office 2-3 days/week.

The base salary range for this position is $140,000-$180,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.

For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.

Equitable Pay and Benefits: Equitable Total Rewards Program
Minimum Qualifications:

• Bachelor's degree with a concentration in Business, Finance and/or Economics

• 5 years of relevant investment experience, ideally with exposure to multiple private market asset classes.

• Demonstrated analytical and financial modeling skills; proficiency in Microsoft Office (Excel, PowerPoint) Bloomberg, Aladdin; experience with private market investment systems (e.g. Cobalt, eFront, Clearwater LPx) a plus.

• Effective written and verbal communication skills.

• Highly organized, detail-oriented, and capable of managing multiple priorities in a fast-paced environment.

• A collaborative mindset and a strong sense of ownership and accountability.

Preferred Qualifications:

Preferred Qualifications:

• MBA or CFA

• Experience with insurance company investment frameworks and regulatory considerations (e.g., NAIC, US GAAP, Solvency II).

Skills

Business Acumen: Knowledge of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations.

Investment Performance Measurement: Knowledge of investment performance measurement; ability to utilize a variety of methods to measure the investment performance on a particular portfolio against industry benchmarks and related parameters.

Investments: Knowledge of the investments business; ability to analyze and evaluate asset types, market and industry trends, major issues, and regulatory considerations.

Portfolio Management: Knowledge of investment portfolios; ability to utilize relevant tools and techniques in managing clients' securities investments.

ABOUT EQUITABLE

At Equitable, we're a team committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.

At Equitable, we're a team of over ten thousand strong; committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.

We turn challenges into opportunities by thinking, working, and leading differently - where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.

We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.

We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.

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Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.

NOTE: Equitable participates in the E-Verify program.

If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com .

Community / Marketing Title: Assistant Vice President, Alternative Investments

Location_formattedLocationLong: New York, New York US