Description
Head of Investment Operations
Investment Office - Pennsylvania-Pittsburgh - (25006908)
The University of Pittsburgh's Investment Office, which oversees the investment of the university's $6.3 billion Consolidated Endowment Fund, is currently seeking an experienced professional to lead the team that oversees non-investment functions within the Investment Office.
The successful candidate will have experience working in an operations capacity at an asset allocator (such as an endowment or foundation) or other investment management firm and possess the ability to identify and implement industry-best practices. An advanced degree such as a JD or MBA or professional credential such as a CPA or CFA is preferred but not required.
Responsibilities include:
* Implementing and maintaining state-of-the-art technology systems, workflows, data analytics, and reporting.
* Overseeing endowment-related aspects of the University's annual audit.
* Performing operational due diligence on prospective investment opportunities.
* Reviewing, negotiating, and executing legal documentation in connection with new and existing investments, such as limited partnership agreements, subscription documents, side letters, and amendments.
* Managing all third-party service provider relationships and vendor contracts.
Job Summary
Leads team and manages all operations related to the University's Consolidated Endowment Fund (CEF). Directs the preparation and audit of reporting materials and prepares complex reports for senior leadership. Oversees financial and risk analyses and monitors all structural, operational, compliance, and regulatory aspects of documentation. Evaluates and advises on operational functions for investments and makes recommendations to improve processes.
Essential Functions
Implementing and maintaining state-of-the-art technology systems, workflows, data analytics, and reporting.
Overseeing endowment-related aspects of the University's annual audit.
Physical Effort
Must be able to use computer, copier, and mobile phone. May be required to travel domestically to attend meetings and conferences.
Assignment Category: Full-time regular
Job Classification: Staff.Chief Operating Officer - Endowment
Job Family: Finance & Procurement
Job Sub Family: Investment Management
Campus: Pittsburgh
Minimum Education Level Required: Bachelor's Degree
Minimum Years of Experience Required: 10
Will this position accept substitution in lieu of education or experience: Combination of education and relevant experience will be considered in lieu of education and/ or experience requirement.
Work Schedule: Mon-Fri, 9:00am-5:00pm. Due to the nature of the position, occasional evening and weekend work is required.
Work Arrangement: Hybrid: Combination of On-Campus and Remote work as determined by the department.
Hiring Range: TBD Based Upon Qualifications
Relocation_Offered: Yes
Visa Sponsorship Provided: No
Background Check: For position finalists, employment with the University will require successful completion of a background check
Child Protection Clearances: Not Applicable
Required Documents: Resume, Cover Letter
Optional Documents: Not Applicable
PI280720323
