Located in a historic neighborhood in the nation's capital, Georgetown offers rigorous academic programs, a global perspective, exciting ways to take advantage of Washington, D.C., and a commitment to social justice. Our community is a tight knit group of remarkable individuals interested in intellectual inquiry and making a difference in the world.
Requirements
Investment Operations Associate, Investment Office - Georgetown University
The long-germ objective of Georgetown's Investment Office for the endowment is to produce the highest investment return possible while maintaining an appropriate level of risk and liquidity in order to provide perpetual, sustainable support for the university. Meeting this objective involves designing an investment program that addresses the needs of current and future generations of students through balanced asset allocation, the selection of investment managers, and timely rebalancing of the investment portfolio.
The Investment Operations Associate provides accurate and timely investment accounting, performance and risk information, while performing appropriate reconciliations and control procedures to safeguard the University's investments. They help collect and aggregate investment information obtained from investment managers; and on a monthly basis, performs thorough reviews of all the activity reported by investment fund managers, reconciling it to the data reported by University's custodian.
The Investment Operations Associate records the respective investment transactions in internal systems, including University's general ledger, and prepares respective reporting for the Investment Office; and works with the University's accounting and tax offices, as well as external auditors, to ensure that investment related information is reported both timely and accurately. Reporting to the Director of Investment Operations, the Investment Operations Associate has duties that include but are not limited to:
Assist the Director of Investment Operations in preparing regular and ad-hoc investment portfolio monitoring reports for the University's pooled endowment and Retirement Plan: Weekly Cash Reports, Monthly Performance Reports, Monthly Exposure and Risk Reports, Quarterly Portfolio and Fund Monitoring Reports, Semi-Annual Tax office requests, and annual support schedules for the University and Retirement Plan financial statements audits.
Maintain accurate investment accounting records for investments in hedge funds, private portfolio funds, and direct investments included within the pooled endowment, separately invested endowments, and the Retirement Plan (GURP): a) Perform monthly accounting reviews (reconciliation between custodian accounting statements and internal reports); b) work independently with investment manager's back-office investment operations teams and University's custodian to resolve any discrepancies; and c) utilize the University's centralized accounting platform to book monthly investment-related journal entries.
Maintain and organize all documents received from current portfolio managers in a properly labeled filing system, work with investment managers to receive underlying positions for respective portfolios, and upload the aggregated information on risk management systems employed by the Investment Office. Also, collect fund manager provided distribution and capital call notices, record details in accounting platform, and reconcile the information to weekly cash and monthly custodian reports.
Qualifications
Bachelor's degree with a major or minor in Accounting
Minimum of 2 years of relevant professional experience in public accounting or financial asset management
Strong technical accounting and investment expertise, advanced Excel and data management, as well as sound working knowledge of various investment instruments, investment strategies and capital markets
Organized, detail oriented and extremely thorough while having the confidence and communication skills to ensure all work processes are completed accurately and timely.
Strong problem-solving skills and demonstrated ability to take initiative and critically analyze processes and procedures in a push toward constant improvement
Team oriented with ability to work well with diverse groups
Ability to analyze and synthesize data, exercise independent judgment, build relationships and create high quality deliverables
Preferred qualification
CPA, Master's degree in Accounting, or MBA
The long-germ objective of Georgetown's Investment Office for the endowment is to produce the highest investment return possible while maintaining an appropriate level of risk and liquidity in order to provide perpetual, sustainable support for the university. Meeting this objective involves designing an investment program that addresses the needs of current and future generations of students through balanced asset allocation, the selection of investment managers, and timely rebalancing of the investment portfolio.
The Investment Operations Associate provides accurate and timely investment accounting, performance and risk information, while performing appropriate reconciliations and control procedures to safeguard the University's investments. They help collect and aggregate investment information obtained from investment managers; and on a monthly basis, performs thorough reviews of all the activity reported by investment fund managers, reconciling it to the data reported by University's custodian.
The Investment Operations Associate records the respective investment transactions in internal systems, including University's general ledger, and prepares respective reporting for the Investment Office; and works with the University's accounting and tax offices, as well as external auditors, to ensure that investment related information is reported both timely and accurately. Reporting to the Director of Investment Operations, the Investment Operations Associate has duties that include but are not limited to:
Assist the Director of Investment Operations in preparing regular and ad-hoc investment portfolio monitoring reports for the University's pooled endowment and Retirement Plan: Weekly Cash Reports, Monthly Performance Reports, Monthly Exposure and Risk Reports, Quarterly Portfolio and Fund Monitoring Reports, Semi-Annual Tax office requests, and annual support schedules for the University and Retirement Plan financial statements audits.
Maintain accurate investment accounting records for investments in hedge funds, private portfolio funds, and direct investments included within the pooled endowment, separately invested endowments, and the Retirement Plan (GURP): a) Perform monthly accounting reviews (reconciliation between custodian accounting statements and internal reports); b) work independently with investment manager's back-office investment operations teams and University's custodian to resolve any discrepancies; and c) utilize the University's centralized accounting platform to book monthly investment-related journal entries.
Maintain and organize all documents received from current portfolio managers in a properly labeled filing system, work with investment managers to receive underlying positions for respective portfolios, and upload the aggregated information on risk management systems employed by the Investment Office. Also, collect fund manager provided distribution and capital call notices, record details in accounting platform, and reconcile the information to weekly cash and monthly custodian reports.
Qualifications
Bachelor's degree with a major or minor in Accounting
Minimum of 2 years of relevant professional experience in public accounting or financial asset management
Strong technical accounting and investment expertise, advanced Excel and data management, as well as sound working knowledge of various investment instruments, investment strategies and capital markets
Organized, detail oriented and extremely thorough while having the confidence and communication skills to ensure all work processes are completed accurately and timely.
Strong problem-solving skills and demonstrated ability to take initiative and critically analyze processes and procedures in a push toward constant improvement
Team oriented with ability to work well with diverse groups
Ability to analyze and synthesize data, exercise independent judgment, build relationships and create high quality deliverables
Preferred qualification
CPA, Master's degree in Accounting, or MBA
Current Georgetown Employees:
If you currently work at Georgetown University, please exit this website and login to GMS ( gms.georgetown.edu ) using your Net ID and password. Then select the Career worklet on your GMS Home dashboard to view Jobs at Georgetown.
Submission Guidelines:
Please note that in order to be considered an applicant for any position at Georgetown University you must submit a cover letter and resume for each position of interest for which you believe you are qualified. These documents are not kept on file for future positions.
Need Assistance:
If you are a qualified individual with a disability and need a reasonable accommodation for any part of the application and hiring process, please click here for more information, or contact the Office of Institutional Diversity, Equity, and Affirmative Action (IDEAA) at 202-687-4798 or ideaa@georgetown.edu .
Need some assistance with the application process? Please call 202-687-2500. For more information about the suite of benefits, professional development and community involvement opportunities that make up Georgetown's commitment to its employees, please visit the Georgetown Works website .
EEO Statement:
Georgetown University is an Equal Opportunity/Affirmative Action Employer fully dedicated to achieving a diverse faculty and staff. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to race, color, religion, national origin, age, sex (including pregnancy, gender identity and expression, and sexual orientation), disability status, protected veteran status, or any other characteristic protected by law .
Benefits:
Georgetown University offers a wide variety of comprehensive and competitive benefits. Benefits packages include comprehensive health, dental and vision plans, disability and life insurance coverage, retirement savings programs, tuition assistance, voluntary insurance options (including group legal, accident, and critical illness), and much more. Whatever your need, the Office of Faculty and Staff Benefits will be standing by to support you. You can learn more about the benefits offered to eligible faculty and staff at https://benefits.georgetown.edu or view the online interactive benefits guide for more information.