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Asset Management Associate Jobs in Pennsylvania (NOW HIRING)

The Pennsylvania State University

$44K - $64K/yr

POSITION SPECIFICS The Asset Management Specialist supports the administration and accountability ... Associate Degree 2+ years of relevant experience; or an equivalent combination of education and ...

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$31

How much do asset management associate jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for asset management associate in Pennsylvania is $19.06, according to ZipRecruiter salary data. Most workers in this role earn between $15.19 and $20.24 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an asset management associate, and why are they important?

To thrive as an Asset Management Associate, you need strong analytical abilities, financial modeling skills, and a solid understanding of investment principles, typically supported by a degree in finance, economics, or a related field. Familiarity with portfolio management software, Excel, Bloomberg Terminal, and often progress toward a CFA certification are highly valued. Attention to detail, effective communication, and strong organizational skills set top performers apart in this role. These skills enable accurate asset analysis, effective client communication, and optimal portfolio performance in a competitive financial environment.

What does an asset management associate do?

An asset management associate supports the management of investment portfolios by analyzing financial data, monitoring asset performance, and assisting with client reporting. They often use tools like Excel and financial software, and may need relevant certifications such as the CFA to perform their duties effectively.

How to start a career in asset management?

To start a career as an Asset Management Associate, candidates typically need a bachelor's degree in finance, economics, or a related field. Gaining relevant experience through internships, developing strong analytical and communication skills, and obtaining certifications like the CFA can improve job prospects. Entry-level roles often require familiarity with financial modeling, portfolio management tools, and industry regulations.

Is asset management a prestigious career?

Asset management is considered a reputable and competitive field within finance, often associated with high earning potential and professional recognition. It requires strong analytical skills, industry knowledge, and certifications such as the CFA, contributing to its prestige among finance careers.

Is it hard to get a job in asset management?

Securing an asset management associate position can be competitive, often requiring a strong educational background in finance or related fields, relevant internships, and proficiency with financial analysis tools. Candidates who demonstrate analytical skills, industry knowledge, and professional certifications like the CFA may have better chances of success.

What is the difference between Asset Management Associate vs Investment Analyst?

AspectAsset Management AssociateInvestment Analyst
Required CredentialsBachelor's degree, often CFA Level I or IIBachelor's degree, often CFA Level I or II
Work EnvironmentFinancial firms, asset management companiesInvestment banks, asset management firms
Employer & Industry UsageAsset management firms, mutual fundsHedge funds, investment banks
Common Search & ComparisonYesYes

The Asset Management Associate and Investment Analyst roles share similar educational backgrounds and work environments, often requiring CFA levels. While associates focus on supporting portfolio management and client reporting, investment analysts primarily conduct research and analyze investment opportunities. Both roles are integral to asset management firms, but their daily tasks and focus areas differ slightly, making them common points of comparison for job seekers in finance.

How does an asset management associate typically collaborate with other departments within a firm?

As an Asset Management Associate, you'll regularly work with teams such as research analysts, portfolio managers, and client relations specialists. Collaboration can involve analyzing investment opportunities, preparing client reports, and supporting the execution of portfolio strategies. You'll often coordinate with compliance and operations teams to ensure that transactions and reporting meet regulatory standards. These cross-functional interactions not only enhance your understanding of the business but also build relationships that are valuable for career progression within asset management.
What are the most commonly searched types of Asset Management jobs in Pennsylvania? The most popular types of Asset Management jobs in Pennsylvania are:
What are popular job titles related to Asset Management Associate jobs in Pennsylvania? For Asset Management Associate jobs in Pennsylvania, the most frequently searched job titles are:
What job categories do people searching Asset Management Associate jobs in Pennsylvania look for? The top searched job categories for Asset Management Associate jobs in Pennsylvania are:
What cities in Pennsylvania are hiring for Asset Management Associate jobs? Cities in Pennsylvania with the most Asset Management Associate job openings:
Asset Management Associate jobs near you
Infographic showing various Asset Management Associate job openings in Pennsylvania as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $39,644 per year, or $19.1 per hour.

Asset Management Specialist

Penn State University

University Park, PA • On-site

$44K - $64K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 6 days ago

Penn State University rating

7.8

Company rating: 7.8 out of 10

Based on 103 frontline employees who took The Breakroom Quiz

229th of 617 rated colleges and universities

Job description

APPLICATION INSTRUCTIONS:
  • CURRENT PENN STATE EMPLOYEE (faculty, staff, technical service, or student), please login to Workday to complete the internal application process. Please do not apply here, apply internally through Workday.
  • CURRENT PENN STATE STUDENT (not employed previously at the university) and seeking employment with Penn State, please login to Workday to complete the student application process. Please do not apply here, apply internally through Workday.
  • If you are NOT a current employee or student, please click "Apply" and complete the application process for external applicants.

Approval of remote and hybrid work is not guaranteed regardless of work location. For additional information on remote work at Penn State, see Notice to Out of State Applicants.
POSITION SPECIFICS
The Asset Management Specialist supports the administration and accountability of university capital assets, including movable equipment. This role assists in maintaining accurate asset records, supporting inventory processes, and ensuring compliance with university policies, sponsored research requirements, and applicable regulatory standards. The Specialist works closely with academic departments, administrative units, and central offices.
Key Responsibilities
  • Assist with tagging and tracking university capital assets such as equipment and furnishings
  • Support campus-wide physical inventory efforts by verifying asset location, condition, and records
  • Maintain and update asset information in university systems and databases
  • Assist with processing asset transactions including acquisitions, transfers, modifications, and disposals
  • Review purchase orders, procurement card transactions, and internal documentation for asset classification and entry
  • Verify ownership classifications (university-owned, grant-funded, or government property) and maintain required documentation
  • Support compliance with university policies, federal regulations, and sponsor requirements related to capital assets
  • Prepare routine reports for departments, central administration, and audit requests
  • Identify discrepancies during inventory or record review and escalate to senior staff for resolution
  • Provide customer service and guidance to academic and administrative units on asset procedures
  • Assist with audit preparation by compiling documentation and responding to data requests
  • May have to travel to commonwealth campuses to conduct inventories

This position offers a flexible work arrangement that combines remote and on-campus work. Questions related to flexible work should be directed to the hiring manager during the interview process.
Critical Skills
  • Proficient in Microsoft Word & Excel
  • Strong verbal and written communication skills
  • Ability to organize and manage schedules

MINIMUM EDUCATION, WORK EXPERIENCE & REQUIRED CERTIFICATIONS
Associate Degree2+ years of relevant experience; or an equivalent combination of education and experience acceptedRequired Certifications:None
BACKGROUND CHECKS/CLEARANCES
Employment with the University will require successful completion of background check(s) in accordance with University policies.
Penn State does not sponsor or take over sponsorship of a staff employment Visa. Applicants must be authorized to work in the U.S.
SALARY & BENEFITS
The salary range for this position, including all possible grades, is $44,628.00 - $64,668.00.
Salary Structure - Information on Penn State's salary structure
Penn State provides a competitive benefits package for full-time employees designed to support both personal and professional well-being. In addition to comprehensive medical, dental, and vision coverage, employees enjoy robust retirement plans and substantial paid time off which includes holidays, vacation and sick time. One of the standout benefits is the generous 75% tuition discount, available to employees as well as eligible spouses and children. For more detailed information, please visit our Benefits Page.
CAMPUS SECURITY CRIME STATISTICS
Pursuant to the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act and the Pennsylvania Act of 1988, Penn State publishes a combined Annual Security and Annual Fire Safety Report (ASR). The ASR includes crime statistics and institutional policies concerning campus security, such as those concerning alcohol and drug use, crime prevention, the reporting of crimes, sexual assault, and other matters. The ASR is available for review here.
EEO IS THE LAW
Penn State is an equal opportunity employer and is committed to providing employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. If you are unable to use our online application process due to an impairment or disability, please contact 814-865-1473.
Penn State is committed to and accountable for advancing equity, respect, and belonging. We embrace individual uniqueness, as well as a culture of belonging that supports equity initiatives, leverages the educational and institutional benefits of inclusion in society, and provides opportunities for engagement intended to help all members of the community thrive. We value belonging as a core strength and an essential element of the university's teaching, research, and service mission.
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