Investment Analyst

The Andrew W Mellon Foundation•New York, NY

1d•$120,000 - $135,000•Hybrid

About The Position

The Mellon Foundation is a not-for-profit grant-making organization supporting the arts and humanities through grants in Higher Learning, Arts and Culture, Public Knowledge, Humanities in Place, and Presidential Initiatives. Its Investment Team manages an endowment of approximately $8 billion across public and private investments. The Investment Analyst reports to a Senior Portfolio Manager and gains exposure to a broad range of asset classes, including public and private equity, hedge funds, real assets, and fixed income. The role focuses on investment manager research and due diligence, portfolio reporting, and investment analysis. It includes opportunities to conduct quantitative and risk analysis, prepare investment recommendations and memos, travel for onsite due diligence, build relationships with institutional peers and managers, support special projects, and advance the team’s use of digital tools. The position follows a hybrid schedule, with three days per week in person at the Foundation’s Manhattan offices.

Requirements

Bachelor’s degree and a strong academic background.
One to four years of relevant work experience.
Passion for investing, natural curiosity, and a desire to understand financial markets.
Outstanding analytical and communication skills.
Ability to take initiative, complete projects, and collaborate across a team.
Proficiency in Microsoft Office applications, including sophisticated use of Excel.
Commitment to the Foundation’s mission and a high level of professionalism.

Nice To Haves

Financial modeling skills and general knowledge of portfolio theory, capital markets, private equity, and/or quantitative trading strategies.

Responsibilities

Source, screen, research, analyze, and conduct ongoing due diligence on investment managers, particularly in alternative asset classes such as hedge funds and private equity.
Conduct quantitative and risk analysis; review manager reports and letters; meet with managers; attend annual meetings; and prepare data-driven investment recommendations.
Prepare manager- and portfolio-level reporting on performance, exposures, liquidity, and cash flows.
Research, prepare, and write investment memos on market trends, the Foundation’s portfolio, and risks and opportunities related to specific investments.
Travel for onsite visits to managers and underlying investments for due diligence.
Network with institutional peers and managers to stay informed about investment trends and identify investment opportunities.
Assist with ad hoc special projects across the portfolio.
Advance the team’s use of digital tools to improve productivity and insights.