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Asset Allocation Jobs in California (NOW HIRING)

MSCI

Indexed Investing Specialist

San Francisco, CA · On-site +1

$150K - $215K/yr

Develop and maintain senior-level relationships with CIOs, asset allocation committees, portfolio managers, due diligence teams, and product leaders at leading wealth management firms and model ...

Caltech

Senior Investment Associate

Pasadena, CA · On-site

$120K - $142K/yr

The Senior Associate spearheads analytical work for asset allocation, portfolio management, and thematic research; the role also includes the delivery of ad hoc projects related to risk management ...

Deutsche Bank

Investment Manager

San Francisco, CA · Hybrid

$220K - $350K/yr

Serve as strategic advisor on client's overall investment portfolio, and drive holistic portfolio construction and asset allocation activities, delivering the CIO view to clients and ensuring ...

MSCI

Indexed Investing Specialist

San Francisco, CA · On-site

$150K - $215K/yr

Develop and maintain senior-level relationships with CIOs, asset allocation committees, portfolio managers, due diligence teams, and product leaders at leading wealth management firms and model ...

MSCI

Indexed Investing Specialist

San Francisco, CA · Hybrid

$150K - $215K/yr

Develop and maintain senior-level relationships with CIOs, asset allocation committees, portfolio managers, due diligence teams, and product leaders at leading wealth management firms and model ...

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Showing results 21-40

All JobsAsset Allocation JobsAsset Allocation Jobs in California

Asset Allocation information

See California salary details

$23K

$96.7K

$195.4K

How much do asset allocation jobs pay per year?

As of Aug 17, 2026, the average yearly pay for asset allocation in California is $96,719.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,919.00 and $122,893.00 per year, depending on experience, location, and employer.

What does an asset allocation professional do?

An Asset Allocation job involves managing investment portfolios by strategically distributing assets across various categories like stocks, bonds, and cash to optimize returns while managing risk. Professionals in this role analyze market trends, assess risk tolerance, and adjust allocations to meet financial goals. They often work for investment firms, wealth management companies, or financial institutions, ensuring portfolios remain balanced and aligned with clients' objectives.

What are the key skills and qualifications needed to thrive in asset allocation?

To succeed in Asset Allocation, a solid understanding of investment principles, portfolio theory, risk management, and financial markets is required, usually supported by a degree in finance, economics, or a related field. Expertise with analytical tools such as Bloomberg Terminal, Morningstar Direct, and advanced Excel, as well as certifications like CFA, are highly valued. Strong analytical thinking, attention to detail, communication, and teamwork skills help professionals excel in collaborating with colleagues and clients. These abilities are crucial for making informed investment decisions, managing risk, and achieving optimal returns for portfolios.

Is asset allocation a good career path?

Asset allocation is a key role in finance that involves managing investment portfolios to balance risk and return. It requires strong analytical skills, knowledge of financial markets, and often certifications like the CFA. The field offers opportunities for advancement and can be financially rewarding for those with expertise and experience.

What are popular job titles related to Asset Allocation jobs in California?

For Asset Allocation jobs in California, the most frequently searched job titles are:

What job categories do people searching Asset Allocation jobs in California look for?

The top searched job categories for Asset Allocation jobs in California are:

What cities in California are hiring for Asset Allocation jobs?

Cities in California with the most Asset Allocation job openings:

Asset Allocation jobs near you
Infographic showing various Asset Allocation job openings in California as of August 2026, with employment types broken down into 83% Full Time, 13% Part Time, 1% Temporary, and 3% Contract. Highlights an 92% Physical, 4% Hybrid, and 4% Remote job distribution, with an average salary of $96,719 per year, or $46.5 per hour.

Asset Management Group Development Program Analyst/Associate

PNC Bank

Twentynine Palms, CA • Hybrid

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 13 days ago

PNC Bank rating

7.7

Company rating: 7.7 out of 10

Based on 345 frontline employees who took The Breakroom Quiz

91st of 171 rated banks

Job description

Position OverviewAt PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As an
Asset Management Group Development Program Analyst/Associate within PNC's Asset Management Group organization, you will be based in a location based on business need.PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.Job Description

By joining one of PNC's Development Programs, you can explore your potential through hands-on experience in a professional environment.This is an excellent opportunity to begin exploring your career goals, in addition to growing your skills in key areas.The goal of PNC's Development Programs is to move analysts from development roles into production roles in one of PNC's lines of business.

PNC's Asset Management Group (AMG) iscomprisedof Institutional Asset Management, our Investment Office,andPNC Private Bank.AMG works with individual,nonprofit,and corporate clients who have significant assets to develop sophisticated, customized financial solutions ranging from investment management and wealth planning to trust administration and private foundation management.

The AMG Development Program is a comprehensive, interactive program that will prepare you to cultivate relationships with clients and assume key client facing rolesand/or prepare you for a role supporting the investment management businesseswithin theAsset Management Group. The2-yearprogram providesopportunityto learn the business through an extensive mix of classroom trainingand on thejob learningwhile gaining visibility among the firm's senior leadership.

PNC PrivateBank:PNC Private Bank offers a complete range of solutions and strategies for individuals and families with significant assets.Advisors in PNC Private Bank are responsible for developing client solutions and strategies, including lending, investment management, estate/retirement planning and trust administration.PNC Private Bank takes a team approach to servicing clients. The team of advisors includes Banking Advisor, Fiduciary Advisor, Investment Advisor, Wealth Strategist, and Relationship Strategist

  • Institutional Asset Management (IAM):PNCInstitutional Asset Management has been providing Outsourced Chief Investment Officer (OCIO), Fixed Income and Defined Contribution and Defined Benefit Retirement Solutions for corporations, nonprofits,governmentsand other institutional investors for over 75 years. IAM's local\regional based service teams provide our clients with customized solutions to help achieve their mission and grow their organizations. Our team of advisors includes Business Development Officers, Investment Advisors, Relationship Managers, Retirement Plan Advisors and Portfolio Management & Analytics teams.

  • Investment Office:The Asset Management Group Investment Office is an extension of our dedicated investment team. Working with Investment Advisors, our deep bench of investment professionalsprovidein-depth support and analysis on investment strategy, asset allocation, manager selection, and portfolio construction.

Geographic flexibility isimportanttoyour success in this program.Opportunities are available throughout PNC'sfootprint.Analysts entering the Asset Management Group Development Program will be in a clientfacing andsales supporting role.

Learn more about PNC's Development Programs onwww.pnc.jobs/students.

Job Profile:

Participates as ananalyst inthe line of business developmentprogram.

  • Performs orassiststhe core activities of the group by applying knowledge learned to drive business results (e.g.,deal, sales, or process support, internal or externalclientinteraction, orsupporting internal projects).Works undersupervision andmay have limited approval and/or exception authority.

  • Participates in social learning within the organization (e.g.,identifiesand networks with business representatives and peers,participatesin mentoring, jobshadowingand community outreach).

  • Participates in formal learning (e.g.,classroom, web-based, or virtual) and completes related activities and projects.

  • Supports the internal and externalclientexperience byalways providing excellent service; takes accountability and ensures problem resolution.

Required Education and Experience:

  • Preferred business relevant majors (e.g.,Finance, Accounting, IT, Economics, Marketing, Math, Statistics, HR, Management, Communications, Business Law, Psychology, Logistics,Engineering,Actuarial Sciences),MinimumGPA 3.2.

  • Roles at this level are filled by recent university / college graduates with little or no professionalexperience butpossessingrelevant skills.Includes individuals joining the organization through a corporate development/training program.

PNCprovidesequal opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

  • Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
  • Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

To learn more about this opportunity, please watch this video.

Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.

CompetenciesAccuracy and Attention to Detail, Analytical Thinking, Business Acumen, Effective Communications, Flexibility and Adaptability, Information Capture, Products and Services, Project Management, Self-Directed Growth and DevelopmentWork ExperienceRoles at this level are filled by recent university / college graduates with little or no professional experience, but possessing relevant skills. Includes individuals joining the organization through a Corporate development/ training program. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.EducationBachelorsCertificationsNo Required Certification(s)LicensesNo Required License(s)Pay TransparencyBase Salary: $39,100.00 - $126,500.00Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.Application WindowGenerally, this opening is expected to be posted for two business days from 08/03/2026, although it may be longer with business discretion.BenefitsPNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.

To learn more about these and other programs, including benefits for full time and part-time employees, visitpncthrive.com.

Disability Accommodations Statement

If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include "accommodation request" in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.


At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

Equal Employment Opportunity (EEO)


PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.

California Residents

Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.

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