What are the responsibilities and job description for the Investment Associate position at Rice University Minimal Template External Career Site?
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Position Summary:
Rice University’s endowment, valued at approximately $8 billion, is ranked in the top 20 endowments of private research universities (by market value) in the US. The endowment is critical to the university’s ability to achieve its goals, the annual distribution funds nearly half of the university’s annual operating budget. The Rice Management Company (RMC) is responsible for asset allocation, the selection and termination of investment managers, performance monitoring, and reporting to the Rice Management Company Board of Directors. The goal of the RMC is to provide a stable source of funding for current university operations and to preserve & grow the purchasing power of the endowment to benefit future generations of students. The endowment primarily utilizes outside investment managers and invests globally across all asset classes.
The investment associate position is a full-time, pre-MBA role. This role will be actively involved in all aspects of investment & manager research for the Rice endowment. Reporting to the investment manager, associates routinely interact with senior and executive leadership. This generalist role involves broad exposure across asset classes, including public equities, private equity, venture capital, hedge funds, and real assets.
The ideal candidate has 2-4 years of related experience, as well as a self-driven work ethic, deep attention to detail, quantitative and analytical skills, outstanding communication abilities, and a strong interest in both investing & supporting the work of a university endowment.
This is a full-time, on-site, benefits-eligible position. This is a two-year term appointment with the possibility of an additional third-year extension, contingent on business need and individual performance.
Minimum Requirements:
- Bachelor's Degree
- 2 years of related experience as an analyst at a consulting firm, investment bank, or investment firm
- Skills
- Proficiency in MS Excel, Word, and PowerPoint
- Fundamental understanding of investment principles and financial metrics
- Strong technical/quantitative skills with demonstrated ability to execute complex financial analysis
- Excellent written and verbal communication skills; the ability to communicate effectively with senior management and investment professionals
- Ability to work independently with minimal supervision, and on a collaborative basis as part of a team
- Accuracy, attention to detail, ability to multi-task, and organizational skills
- Self-motivated with a passion for learning about investments & supporting the work of a university endowment
Essential Functions:
- Assists in the monitoring of existing managers of the public and private investments portfolios
- Gathers data and prepares reports for the routine review of asset class level performance & exposures
- Provides support to senior investment team members and assists in the screening and due diligence process for new managers
- Assists with the development of and maintenance of asset class models and databases
- Participates in investment research projects from asset allocation to security level review
- Assists in the preparation of materials for quarterly board meetings
- Provides applicable administrative support to the investment team which includes scanning, filing, meeting preparation, copying documents, creating PowerPoint presentations, and other tasks
- Performs all other duties as assigned
Rice University HR | Benefits: https://knowledgecafe.rice.edu/benefits
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Rice University is an Equal Opportunity Employer with a commitment to diversity at all levels and considers for employment qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national or ethnic origin, genetic information, disability, or protected veteran status.