What are the responsibilities and job description for the Investment Analyst position at Cleveland Foundation?
Position : Regular, Full Time, Exempt
Department : Finance
Reports to : Vice President, Finance and Treasurer
Work Structure : On-site four days / Remote 1 day
Supervises : N / A
Date Revised : December 2024
Essentials Functions and Expected Outcomes :
Support stewardship of investment assets
The Cleveland Foundation is an innovative leader in the field of community foundation investment management. Our assets continue to grow in both size and complexity requiring industry leading oversight and management.
- Keep abreast of investment market conditions.
- Conduct research on investment opportunities and due diligence on current and potential fund managers.
- Tracking and analysis of underlying investment exposures in the Foundation's investment portfolio.
- Monitor performance of Foundation's investment portfolio.
- Update monthly and quarterly fact sheets for investment pools.
- Benchmark fees paid to managers and trustees and compare to peers and benchmarks.
- Lead review and analysis of external broker and financial advisor relationships.
- Initiate wire transfers for capital calls and maintain liquidity worksheets.
- Prepare investment trade tickets for portfolio rebalancing.
- Assist with audit requirements such as fair value pricing, tracking alternative investment activity, audit confirms and price testing to ensure accurate investment information is presented in annual financial statements.
- Portfolio analysis for retirement committee.
- Assist with investment policy and governance compliance.
- Prepare various presentations for the CGO / CFO and VP of Finance / Treasurer to the board, its sub-committees, and executive team, as well as, to donors, local non-profits and other community stakeholders.
- Prepare investment material posted on our donor portal.
- Serve as a finance liaison to Donor Relations and other teams within the Foundation.
- Work on special projects as requested by the CGO / CFO and VP of Finance / Treasurer.
Increase alignment between investment and mission
Support work to link our mission as a leading place-based organization and our asset base to further a vibrant northeast Ohio where no Clevelander is left behind.
Deepen Cleveland Foundation's business analytics capacity
Leverage data-driven decision-making to further the Cleveland Foundation's strategic priorities.
Develop a personal growth plan
Innovation and impact require staff members to continue to learn, grow, and change both by building on individual strengths and by growing new skills that align with the investment team's needs.
Requirements
Essential Qualifications, Credentials, and Technical Skills
PAY AND BENEFITS
The foundation's compensation program estimates a minimum annual salary of $54,000 for this position, with flexibility to adjust based on the candidate's educational background, professional experience, community involvement, and overall qualifications.
The foundation offers an exceptional benefits package, including medical, dental, vision, identity theft, and life and disability coverage, a comprehensive wellness program, an employee assistance program, a fully vested 403(b) retirement plan, ten paid holidays, and, for exempt positions, 15 days of vacation and 12 sick days, prorated the first year of service based on the date of hire.
TO APPLY
If you are interested in applying for this position, please submit your resume and cover letter as soon as possible. This post will remain active until the position is filled. We regret that we cannot respond personally to each applicant.
Note : Our flexible workplace policy provides one day of remote work per week.
Salary Description
Minimum annual salary $54,000
Salary : $54,000
