Investment Analyst

Description

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.

• Support Sr. Impact Analyst with tracking and growing mission aligned investments.
• Assist with work on sourcing diverse investment managers.
• Conduct annual diversity survey of managers and prepare reports.
  
  

Deepen Cleveland Foundation’s business analytics capacity

Leverage data-driven decision-making to further the Cleveland Foundation’s strategic priorities.

• Support Senior Investment and Business Strategy Analyst with daily tracking and oversight of key business strategy initiatives.
• Supporting cross-functional teams on the day-to-day execution of the key business strategy implementation initiatives.
  
  

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.

• Stay up to date on best practices in institutional investment management; identify best practices for exploration by the Cleveland Foundation.
• Identify and pursue training, certifications, and professional development opportunities that will enhance the role’s ability to steward investment assets.
• Make time for reflection, acknowledge successes and mistakes and incorporate those learnings into the work.
  
  

Requirements

Essential Qualifications, Credentials, and Technical Skills

• 1-2 years of relevant work experience in investments, wealth management or private banking
• Bachelor’s degree in accounting, finance, mathematics or related field with working knowledge of financial accounting and capital markets and investments.
• Academic or work experience in investments management, wealth management, accounting, budgeting, and cash management.
• Superior competency in advanced PowerPoint, Excel modeling skills, and proficiency using Microsoft Office 365. Competency in finance and technology tools must be demonstrated through a skills test.
• A passion for investing, natural curiosity, and desire to understand financial markets.
• Strong attention to detail, and excellent analytical skills.
• Exceptional time management skills with the ability to turn around requests quickly.
• Ability to work independently in a dynamic and fast-paced environment.
• Desire to work collaboratively within and across teams.
• Strong interpersonal skills with the ability to interact effectively with a diverse group of internal and external individuals at all levels.
• Passion for community and a commitment to diversity, equity and inclusion across all work. Bloomberg Terminal experience welcome.
  
  

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.