Associate, Outsourced Chief Investment Office Team

Job Description

Associate, Outsourced Chief Investment Office Team

About Commonfund:

Commonfund is a leading asset management firm that empowers educational institutions, foundations, pension funds, family offices, RIAs, and other sophisticated investors to achieve their most important goals. Through our outsourced CIO business, we provide nonprofits access to what we believe are world-class investment management solutions. Our private equity business provides access to private equity investments for both nonprofit and for-profit organizations seeking to diversify their portfolios with private investments. Our Commonfund Institute aims to be among the nation’s most trusted source for relevant, useful and proprietary data, analytics and best practices in financial management. All our businesses are united by a relentless commitment to investment performance, matched by an equally relentless commitment to the values of trust, transparency and ethical behavior that have inspired us since our founding more than fifty years ago.

About Commonfund OCIO:

Commonfund OCIO, Inc. is an outsourced CIO solution designed to ensure that educational institutions, foundations, and other nonprofit organizations have the financial resources they need to achieve their most important commitments. By assuming responsibility for managing each client’s complex, global portfolio, we provide a depth of investment experience and breadth of resources that few institutions have access to on their own. Because of our singular focus on nonprofits, we can provide assistance and insights to our clients that go well beyond investing, helping them with virtually every facet of managing the financial resources of their organization.

Description and Responsibilities:

Commonfund seeks to hire an Associate to assume investment- and client-related requests from clients and senior members of the Outsourced Chief Investment Office (OCIO) team. The Outsourced Chief Investment Office (OCIO) team provides total portfolio management for endowment and foundation clients. It is a highly visible position and critical to the success of the organization and its growth. The Associate will assist with managing client portfolios in areas such as asset allocation modeling, portfolio construction, portfolio rebalancing, reporting, and risk management. The successful candidate will also be expected to work cross functionally with other teams within the organization to provide high-quality, timely, and complete responses for our clients.

In this role, the Associate will experience all aspects of the investment process including learning the different asset classes that Commonfund utilizes to construct its client portfolios. Associates will be provided the appropriate training and mentoring needed for the role.

This position can be based in our Norwalk, CT or our New York City Office with the requirement to be in CT on Tuesdays.

Primary Responsibilities:

Provide strong quantitative and analytical skills to support the Outsourced Chief Investment Officers (OCIOs)Develop presentation materials and contribute during clients’ quarterly committee meetings

Undertake portfolio evaluation and analysis of client accounts

Assist with client interface – respond to inquiries and analytic requests from clients in a timely and accurate manner

Responsible for month-end portfolio review, rebalancing client portfolios, and cash flow analysis

Assist in generating asset allocation recommendations for current and prospective institutions by using portfolio modeling applications

Assist with ad-hoc project requests from clients and senior staff

Provide education related to a client portfolio to new Board and Committee members and staff, as well as other groups as needed

Assist with development of charts, materials, and written communications in collaboration with our Marketing and Investment groups

Develop an in-depth knowledge of Commonfund’s investment strategies and programs

Preferred Background:

Four-year college degree

3-5 years experience in the investment or asset management industry

Strong analytical/problem solving skills, including use of spreadsheet/database software for quantitative analysis

A strong proficiency with Microsoft Office programs including Excel, Word, and PowerPoint

Demonstrated ability to complete assignments independently and on a timely basis

Ability to work as part of a team to accomplish broader goals and objectives

Strong verbal, written communication, and presentation skills

Ability to handle multiple responsibilities

Willingness to work after hours, when necessary, to accomplish work assignments

Knowledge of capital markets and asset management landscape

Full-time

Hybrid remote