Investment Operations Manager

Federation is looking to hire an Investment Operations Manager, who would oversee all aspects of the investment operations including monitoring of assets, performance, liquidity, transactions, and rebalancing.

We are looking for dedicated, career-driven professionals to join us in a supportive and positive work environment, where you’ll find excellent opportunities for professional growth. Our team is the heart of our success, and we want you to be part of our exciting future! Join us to build a long-term, rewarding, and fulfilling career!

ESSENTIAL DUTIES AND RESPONSIBLITIES

• Monitor all Federation’s investments, including pools and separately managed accounts

• Ensure timely and accurate execution of transactions (rebalancing, trades, capital calls, distributions, selling of donated stock, transfers between custodians, etc.)

• Perform rebalancing as advised by the investment consultant

• Liaise with outside consultants and external fund managers

• Manage custodial relationships

• Staff Federation Investment Committee

• Execute Federation’s investment policy and broad investment strategies, including asset allocation, to achieve stated goals and objectives

• Respond to fund manager inquiries

• Maintain and ensure submission of various legal documentation for Foundation’s investments, including subscription documents, authorized signatories, corporate resolutions, and other filings

• Work in partnership with the Foundation team to support Donor-Advised Funds, endowments, planned gifts and other legacy programs

• Draft quarterly investment performance and market outlook letters to fund holders

• Work closely with the accounting team to ensure smooth communications, resolve discrepancies, advise of any changes or significant transactions and assist with audit schedules/inquiries

• Analyze performance reports

• Prepare materials for meetings with various stakeholders, including the Investment Committee, Foundation Board, Federation Board, agencies and fund holders

• Assist with various financial modeling and identifying risk factors associated with portfolio positioning, rebalancing and liquidity needs using various analytical tools

• Assess current market trends

• Monitor performance of an outside advisor and make retention recommendations

• Serve on the Retirement Plans Sub-Committee

• Perform other related duties as assigned

QUALIFICATION & SKILLS

• Bachelor’s degree in Finance, Economics, Business, or related field

• 2 – 4 years of investment or relevant financial services experience

• Understanding of financial metrics

• Familiarity with investment laws and regulations

• Great analytical skills and attention to details

• Proficiency in various computer software programs including MS Office, excellent with Excel

• Strong verbal and written communication skills

• Work well in a team environment

• Knowledge of Jewish customs and traditions is a plus

ABOUT THE GREATER MIAMI JEWISH FEDERATION AND THE FOUNDATION

Founded in 1938, the Greater Miami Jewish Federation mobilizes human and financial resources to care for those in need, strengthen Jewish life and advance the unity, values and shared purpose of the Jewish people in Miami, Israel and around the world.

In addition to the Annual Campaign, which raises approximately $30 million each year, Federation develops resources through a wide range of other philanthropic activities. Over 50 years ago, the Federation established a Foundation to serve philanthropists interested in solving community challenges through planned and legacy gifts. Today, The Foundation manages $500+ Million in assets, utilizing the resources of a highly sophisticated volunteer Investment Committee and an external investment consultant. The Foundation operates Donor-Advised Funds and supporting organizations, and holds endowments, bequests, agency funds, life insurance policies, charitable gift annuities and other long-term assets. Foundation’s portfolios are highly sophisticated and include well-diversified traditional investments and alternatives such as private equity, private assets, venture capital, private debt and hedge funds.

PHYSICAL REQUIREMENTS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

This is a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand on a stool as necessary.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EOE STATEMENT

As an Equal Opportunity/Affirmative Action Employer, the Greater Miami Jewish Federation celebrates and welcomes people of all identities and backgrounds. All qualified applicants will receive consideration for employment without regard to sex, sexual orientation, gender identity, gender expression, race, color, religion, disability, national origin, age, marital status, familial status, pregnancy, genetic information, ancestry, citizenship status, veteran status, actual or perceived status as a victim of domestic violence, dating violence, or stalking.

Salary is $85,000 - $110,000 annually, commensurate with experience, plus excellent benefits.

Thank you for considering a career with The Greater Miami Jewish Federation!

Application Process:

Please submit your resume to [email protected]

***Must be eligible to work in the US. No recruiters please.***