What are the responsibilities and job description for the Investment Operations Analyst I position at Cleveland Clinic?
Investment Operations Analyst I
Join the Cleveland Clinic team where you will work alongside passionate caregivers and provide patient-first healthcare. You will work alongside dedicated caregivers, receive endless support and appreciation, and build a rewarding career with one of the most respected healthcare organizations in the world.
This position is responsible for critical investment support functions of the Cleveland Clinic Investment Office in one or more of the following areas: a) portfolio risk management and investment performance reporting, b) investment analytics and data governance and c) investment operations and operational due diligence.
A caregiver in this position works days, from 8:00am—5:00pm.
A caregiver who excels in this role will:
Generate portfolio risk metrics and performance reports using a variety of tools including but not limited to FactSet, Albourne, bank custodian system, Bloomberg and eVestment. Interacts and resolves issues with strategic vendors including custody bank, ODD consultant, and risk vendors.
Reconcile and ensure efficient data flows between various investment management information systems including but not limited to FactSet, custodian systems, Dynamo, Private I, eVestment, and Bloomberg.
Execute investment transactions
Assist senior team member with performing Operational Due Diligence on asset managers
Perform daily cash reconciliations and updates cash flow projections, executes collateral movements, and processes controls surrounding capital calls/distributions
Interact with Tax, Legal, Accounting and Treasury colleagues to ensure all issues are addressed efficiently.
Implement asset manager on-boarding process to ensure new investments are accurately included in all internal systems.
Involved in day-to-day operational activities including capital calls, cash and stock distributions, regulatory/compliance documentation requests, account openings/closures, subscription and redemption documents, and liquidity modeling.
Monitor incoming email communications from investment managers and responds to requests, or informs/engages investment team member responsible for the relationship
Implement data visualization using Tableau dashboards that are a) supportable, b) accurate and c) useful/relevant.
Minimum qualifications for the ideal future caregiver include:
Bachelor’s degree in quantitative subjects such as Finance, Statistics, Engineering, Mathematics, Physics, Data Analytics, Computer Science, Quantitative Economics, etc.
Two years of highly analytical and quantitative experience in custodian bank, asset management firm, investment consultant, investment office, and financial institution.
OR Three years of public accounting experience auditing financial institutions.
Preferred qualifications for the ideal future caregiver include:
Master’s degree.
Pursuit of Chartered Financial Analyst (CFA)/Chartered Alternative Investment Analyst (CAIA)/Financial Risk Manager (FRM) designation.
Our caregivers continue to create the best outcomes for our patients across each of our facilities. Click the link and see how we’re dedicated to providing what matters most to you: https://jobs.clevelandclinic.org/benefits-2/
Physical Requirements:
Ability to communicate and exchange accurate information.
Ability to perform work in a stationary position for extended periods.
Ability to work with physical records or operate a computer or other office equipment.
In some locations, ability to travel throughout the hospital system.
In some locations ability to move up to 25 lbs.
Personal Protective Equipment:
Follows standard precautions using personal protective equipment as required.
Pay Range
Minimum hourly: $33.46
Maximum hourly: $51.03
The pay range displayed on this job posting reflects the anticipated range for new hires. While the pay range is displayed as an hourly rate, Cleveland Clinic recruiters will clarify whether the compensation is hourly or salary. A successful candidate's actual compensation will be determined after taking factors into consideration such as the candidate's work history, experience, skill set, and education. This is not inclusive of the value of Cleveland Clinic's benefits package, which includes among other benefits, healthcare/dental/vision and retirement.
Salary : $1,000 - $1,000,000
