Product Analyst-Alternative Solutions

Voya Financial - New York, NY

Full-time - Entry Level

New York, NY

Insurance Carriers and Related Activities

About the position

The Product Analyst role within Voya Investment Management's Alternative Product Solutions team is designed for entry-level employees to gain hands-on experience in the financial services industry. This position focuses on supporting product development initiatives related to Private/Alternatives funds, conducting market research, and collaborating with various departments to meet client needs. The role is part of a hybrid work environment, allowing flexibility between office and home work.

Responsibilities

• Support a VP and team of Private/Alternatives product development managers.
• Perform research and analysis related to Private/Alternatives funds and strategies.
• Assist in developing proposal materials for internal approvals and external clients, in partnership with Marketing.
• Manage smaller scale projects and routine, repeatable projects.
• Support department's processes for governance, decision making and project management by assisting in the compilation of committee materials, agendas and minutes for meetings as assigned.
• Learn and develop product and project management skills.
• Prepare and communicate competitive research on trends in new products and new strategies.
• Develop understanding of our fees as well as competitor fees and be able to communicate a point of view on the suitability of a proposed fee.
• Demonstrate ability to communicate easily and thoroughly.
• Maintain ongoing tracking of new product pipeline and departmental projects.
• Identify opportunities for efficiencies of our regular functions.
• Display intense focus on meeting deadlines.
• Demonstrate ability to identify potential risk items and bring them to senior manager's attention.
• Accept special projects as assigned.

Requirements

• Applicant should be graduating with an undergraduate degree in December 2024/Spring 2025.
• Strong academic standing.
• College degree (Business Administration, Finance or Accounting preferred).
• Experience in financial services or investment industry preferred.
• Strong, demonstrated oral and written communication skills, with the ability to communicate effectively across all levels of the organization.
• Ability to develop critical thinking and analytical skills to find solutions to project challenges.
• Ability to work accurately and independently as well as function in a team environment.
• Highly detail oriented with exceptional organizational skills.
• Strong PC skills with high proficiency in Microsoft Excel, PowerPoint and Word.

Benefits

• Health, dental, vision and life insurance plans
• 401(k) Savings plan with generous company matching contributions (up to 6%)
• Voya Retirement Plan - employer paid cash balance retirement plan (4%)
• Tuition reimbursement up to $5,250/year
• Paid time off - including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time — 40 hours per calendar year