Firm Overview:
Cambridge Associates (“CA”) is a leading global investment firm. CA’s goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate outperformance so that they can maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting.
Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania. Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world. For more information, please visit www.cambridgeassociates.com.
Job Description Summary:
Cambridge Associates is growing in Europe and recently opened its 14th office in Milan, Italy. As we build our local investment team, we are looking for an Investment Analyst to join the Milan office and support our client coverage in Italy. This is an exciting opportunity to be part of a growing team and contribute to our work with clients in a dynamic market.The Investment Analyst (IA) collaborates with Investment Directors to provide investment and capital markets research, analysis, and advice to our clients. The position involves quantitative analysis, as well as a qualitative component as the IA works to assess market conditions and relay investment recommendations to clients in written reports. In this role, the IA will gain broad exposure to asset classes and investment strategies, while being exposed to clients and deepening their investment knowledge.Job Description:
Position Specifics:
Location of Position: Milan, Italy
Start Date: July 8, 2026
Office Requirement: Investment Analyst is required to be in office 12-16 days per month
You will be eligible to participate in firm’s Annual Performance Bonus program
Responsibilities:
Work as part of an investment team alongside Investment Directors and co-IA to assess investment managers’ portfolios and support client requests and questions. Focus will be on marketable portfolio, inclusive of public markets, hedge funds, and FX.
Direct responsibility for, and interaction with, clients serviced by team
Prepare exhibits and other presentation documentation
We Offer:
2-week onboarding training program and interactive training and professional development throughout the IA career
Structured mentorship, and employee guided learning opportunities as well as support for the CFA, CAIA, and other professional designations
Team-based work structure, which supports an environment where immediate contributions can be made and ongoing learning is encouraged and fostered through interactions with experienced industry professionals
Ability to attend meetings with clients and top-tier investment managers; broad exposure to asset classes
Qualifications:
Masters of Science (in a financial major), or Bachelor’s degree with 1-2 years relevant experience and/or relevant industry qualifications (e.g. CFA)
Excellent written and verbal communication skills, strong attention to detail and prioritization, and an ability to operate effectively in a team environment
Native-level fluency in Italian, both written and spoken
Demonstrated interest in investments and the capital markets with eagerness to learn
Proficient with MS Office suite, specifically Excel and PowerPoint
Familiarity with Python and with integrating AI tools and Large Language Models (LLMs) into workflows, including programmatically (e.g., via API calls), along with an interest in automation and process improvement
Must be eligible to work in Italy without sponsorship or restriction now or in the future
Resume and Cover Letter are required to complete your application.
The firm is committed to the concept and practice of equal employment opportunity and will not discriminate against any employee or applicant on the basis of race, color, religion, age, sex, national origin, sexual orientation, gender identity, disability, or veteran status. It is expected that all employees will follow a similar policy toward their co-workers.
Skills Required
- Master's degree in a finance-related field, or Bachelor's with 1-2 years relevant experience
- Native-level fluency in Italian, written and spoken
- Eligible to work in Italy without sponsorship or restriction now or in the future
- Proficient with MS Office suite, specifically Excel and PowerPoint
- Familiarity with Python and integrating AI tools/LLMs into workflows, including programmatic API use
- Excellent written and verbal communication skills, attention to detail, and ability to work in a team
- Demonstrated interest in investments and capital markets
- Resume and Cover Letter required for application
- In-office presence approximately 12-16 days per month (hybrid attendance requirement)
- Relevant industry qualifications such as CFA or CAIA (support provided)
Cambridge Associates Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cambridge Associates and has not been reviewed or approved by Cambridge Associates.
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Healthcare Strength — Healthcare coverage is described as comprehensive, with plans that cover nearly everything including alternative medicines. The broader health, dental, and vision offering is positioned as generous and locally competitive with substantial employer support.
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Parental & Family Support — Parental leave is positioned as fully paid upon hire, alongside broad leave and time-off policies. Backup child, elder, and pet care adds practical support for caregiving responsibilities.
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Retirement Support — Retirement benefits include employer contributions, with references to matching in some plan descriptions. Employer-paid life and disability coverage further strengthens the financial protection portion of the package.
Cambridge Associates Insights
What We Do
We are a global investment firm and aim to help endowments & foundations, pension plans, and high net worth private clients implement and manage custom investment portfolios that generate outperformance and enable them to maximize their impact on the world. Working alongside its early clients, Cambridge Associates pioneered the strategy of high-equity orientation and broad diversification, which since its inception in the 1980s has been a primary driver of performance for institutional investors. Today, we deliver a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, investment staff extension, and asset class mandates. Cambridge Associates maintains offices in major financial centers across the globe, with headquarters in Boston, MA. Working with some of the world’s most sophisticated institutional investors, we bring a deep knowledge of portfolio management best practices to the clients we serve, and select our colleagues with great attention to their potential to become a valuable member of a collaborative, intelligent and hard-working team.
