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Director, Investments, Front Office

Primary Location Pleasanton, California Schedule Full-time Shift Day Salary $238800 - $308990 / year
Job Number 1431381 Date Posted 07/08/2026
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Job Summary:

This director role is primarily responsible for 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 and developing, analyzing, and interpreting analytical models, reports, documents, and financial, economic, and market data on a global basis to support investment-related evaluations, decisions, analyses, and research. This role analyzes and makes recommendations based on manager reports, portfolio performance, attribution, exposures, and risk metrics, develops and enhances portfolio analytics and reporting capabilities, identifies and addresses portfolio imbalances, inefficiencies, and risks to improve portfolio structure, and proposes improvements to existing processes to optimize investment workflows and risk management.
This position is also responsible for monitoring and evaluating diligence checklists and timelines, partnering with the operations group to manage cash flows, overseeing the incorporation of third party software services and data into the process, and driving compliance with regulatory, statutory, and legal controls. This role leads asset allocation discussions and portfolio construction, oversees special research projects, stays current on new investment products, strategies, managers, and opportunities, leads 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, represents the organization at industry conferences and networking events, and develops and maintains relationships with peer institutions, investment managers, and industry contacts to enhance KPs ability to source and oversee investment opportunities.

Essential Responsibilities:

  • 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.
Minimum Qualifications:

  • 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.

Additional Requirements:

Preferred Qualifications:
  • Master's degree in Business, Finance or related field.
  • PhD in Business, Finance or related field.
Primary Location: California,Pleasanton,Pleasanton Tech Cntr Building A Scheduled Weekly Hours: 40 Shift: Day Workdays: Mon, Tue, Wed, Thu, Fri Working Hours Start: 08:00 AM Working Hours End: 05:00 PM Job Schedule: Full-time Job Type: Standard Worker Location: Onsite Employee Status: Regular Employee Group/Union Affiliation: NUE-PO-01|NUE|Non Union Employee Job Level: Director/Senior Director Department: Po/Ho Corp - PO FIN-Treasurer - 0308 Pay Range: $238800 - $308990 / year Kaiser Permanente strives to offer a market competitive total rewards package and is committed to pay equity and transparency. The posted pay range is based on possible base salaries for the role and does not reflect the full value of our total rewards package. Actual base pay determined at offer will be based on labor market data, internal alignment, and a candidate's years of relevant work experience, education, certifications, skills, and geographic location. Travel: Yes, 25 % of the Time On-site: Work location is on-site (KP designated office, medical office building or hospital). Worker location must align with Kaiser Permanente's Authorized States policy. Kaiser Permanente is an equal opportunity employer committed to fair, respectful, and inclusive workplaces. Applicants will be considered for employment without regard to race, religion, sex, age, national origin, disability, veteran status, or any other protected characteristic or status.
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