Director, Investments, Front Office
- Prepares individuals for growth opportunities and advancement; builds internal collaborative networks for self and others. Solicits and acts on performance feedback; drives collaboration to set goals and provide open feedback and coaching to foster performance improvement. Demonstrates continuous learning; oversees the recruitment, selection, and development of talent; ensures performance management guidelines and expectations to achieve business needs. Stays up to date with organizational best practices, processes, benchmarks, and industry trends; shares best practices within and across teams. Motivates and empowers teams; maintains a highly skilled and engaged workforce by aligning resource plans with business objectives. Provides guidance when difficult decisions need to be made; creates opportunities for expanded scope of decision making and impact.
- Oversees the operation of multiple units within a department by identifying member and operational needs; ensures the management of work assignment completion; translates business strategy into actionable business requirements; ensures products and/or services meet member requirements and expectations while aligning with organizational strategies. Gains cross-functional support for business plans and priorities; assumes responsibility for decision making; sets standards, measures progress, and fosters resolution of escalated issues. Communicates goals and objectives; analyzes resources, costs, and forecasts and incorporates them into business plans; prioritizes and distributes resources. Removes obstacles that impact performance; guides performance and develops contingency plans accordingly; ensures teams accomplish business objectives.
- Directs comprehensive investment research and analysis by leading the sourcing, evaluation, due diligence, and monitoring of new investment managers and opportunities across multiple asset classes, with a focus on both public and private markets; developing analytical models and reports to evaluate investment performance, risks, and exposures; analyzing and interpreting financial, economic, and market data on a global basis to support investment decisions; reviewing comprehensive analyses of investment strategies, processes, track records, risk factors, and organizational structures; conducting quantitative and qualitative research on existing and prospective investment managers/funds to maintain the investment pipeline and manager database; developing and presenting investment recommendations, proposals, and investment memoranda; conducting reference checks and in-depth interviews with investment managers; proactively monitoring the performance of existing managers and their underlying portfolio positions to identify concerns or opportunities as part of the continual manager re-underwriting process; evaluating investment terms and structures; and providing guidance regarding the implementation of investment strategies aligned with the organizations objectives and needs.
- Oversees the evaluation of managers and portfolios by analyzing and making recommendations based on manager reports, portfolio performance, attribution, exposures, and risk metrics; preparing and presenting comprehensive portfolio reviews, investment recommendations, and manager evaluations; reviewing high-quality materials for Investment Committee presentations and reporting; developing and enhancing portfolio analytics and reporting capabilities; ensuring portfolio compliance with investment policies and guidelines; identifying and addressing portfolio imbalances, inefficiencies, and risks to improve portfolio structure; proposing improvements to existing processes to optimize investment workflows and risk management; monitoring GP communications; leading update calls and annual meetings; reviewing meeting briefs and follow-up notes; and addressing any internal or external reporting issues.
- Champions process management by monitoring and evaluating diligence checklists; facilitating and partnering across internal teams (e.g., legal, accounting, and operations); maintaining and setting diligence timelines; updating data files and organizing project documents related to due diligence and monitoring; performing fund documentation review and investment execution; partnering with the operations group to manage cash flows including capital calls and distributions; overseeing the incorporation of third party software services and data into the process; and ensuring accuracy.
- Drives compliance with regulatory, statutory, and legal controls by developing and coordinating policies and procedures to achieve compliance and control objectives (e.g., investment guidelines, financial commitments, etc.); understanding requirements of internal and external investment review process; maintaining project documents; and ensuring and verifying the accuracy of CRM entries.
- Directs strategic portfolio management by leading asset allocation discussions and portfolio construction; overseeing special research projects on market trends, investment strategies, and asset classes; staying current on new investment products, strategies, managers, and opportunities; assessing summary decks and analyses for team discussions; reviewing high quality materials for Investment Committee presentations and reporting; and developing and enhancing portfolio analytics and reporting capabilities.
- Drives the development and growth of an investment team by mentoring junior analysts to support professional development; providing guidance and leadership on projects and analyses; partnering with CIO/senior leadership to develop and refine long-term investment strategies; leading manager meetings and presentations, cross-asset class meetings, and Investment Committee meetings to provide perspective on other classes and managers, provide market insight and actionable ideas, and communicate investment strategies effectively; representing the organization at industry conferences and networking events; developing and maintaining relationships with peer institutions, investment managers, and industry contacts to enhance KPs ability to source and oversee investment opportunities; and determining and implementing process improvements and best practices.
- Bachelors degree in Finance, Economics, Business, Applied Mathematics, or related field AND minimum ten (10) years of experience in investment, consulting, banking, or a directly related field.
- Minimum five (5) years of leadership experience with or without direct reports.
- Minimum six (6) years of experience working across one or more of the following areas: multiple asset classes, portfolio construction, investment strategy development, or risk management.
- Minimum six (6) years of experience in an institutional investment role with responsibilities for manager selection and monitoring.
- Minimum six (6) years of experience with successful investment decisions through complete market cycles and developing recommendations.
- Minimum six (6) years experience working with financial modeling, analysis, and reporting.
- Minimum five (5) years of experience in either public asset class, or private asset class, depending on the specialization listed for this specific role.
- Master's degree in Business, Finance or related field.
- PhD in Business, Finance or related field.
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