Investment Analyst

Lumina Foundation For Education•Indianapolis, IN

1d•Hybrid

About The Position

The Investment Analyst is a key contributor to the management of Lumina’s $1.5 billion endowment. Reporting to the Vice President, Finance & Investments, and Chief Financial Officer, the analyst works with the Investments team on manager research, asset allocation, risk and liquidity tracking, and investment analysis. The role partners with Lumina’s Finance team, its non-discretionary Outsourced Chief Investment Officer (OCIO), custodian, audit and tax partners, legal counsel, and other internal and external stakeholders. The analyst monitors and analyzes existing and potential investments and supports investment management activities, performance and financial reporting, and capital allocation and rebalancing decisions. The role also prepares reports and communicates recommendations and investment performance results to the Finance and Investments team, Executive team, Board of Directors, and other constituencies. Work is performed in an office environment and is mostly sedentary. Lumina currently operates a hybrid workplace, with in-office work required at least three days per week, excluding travel days. The role involves extensive use of technology and frequent travel, which may include overnight stays.

Requirements

Bachelor’s degree.
Ability to operate independently and proactively with integrity, accountability, self-motivation, and intellectual curiosity.
Ability to multitask, set priorities, and manage and meet deadlines.
Knowledge of various asset classes, global markets, investments, and investing portfolios.
Analytical and problem-solving skills, along with flexibility and adaptability.
Ability to maintain confidentiality and handle critical and sensitive information.
Technical skills and system knowledge, such as Microsoft Office, and aptitude for learning new platforms.
Interpersonal and relationship-building skills, with a high degree of diplomacy, tact, and professionalism.
Interest in the Foundation’s mission and its commitment that by 2040, 75 percent of adults in the U.S. labor force will have college degrees or other credentials of value leading to economic prosperity.

Nice To Haves

MBA, a master’s degree in Finance, Economics, or a related field, and/or Chartered Financial Analyst (CFA) certification or candidacy.
At least three years of experience in investment management or due diligence as a Registered Investment Advisor, Allocator, Equity Analyst, or in other markets-oriented financial work.

Responsibilities

Screen and track investment opportunities across hedge funds, private equity funds, real estate funds, traditional long-only equity and fixed income funds, and separately managed accounts.
Conduct qualitative and quantitative analyses of the endowment portfolio, including portfolio allocations, historical returns, and current managers’ underlying portfolios.
Help develop and maintain a database of existing and potential investment manager opportunities.
Calculate and analyze investment performance for the primary endowment portfolio, underlying portfolios, and individual managers relative to benchmarks, peers, and absolute return targets, using OCIO, custody, and manager reports.
Assist with executing new investments, transitions, and rebalancing, including coordinating cash movements and account management with the OCIO and custodian.
Oversee the legal process by coordinating with outside and inside legal counsel and the investment team.
Oversee investment administration, including wire transfers, subscription documents, cash management, and decision documentation.
Provide quantitative analytical support, build models, conduct capital markets research, and create and maintain systems to capture and analyze relevant financial data.
Create and maintain tools for monitoring financial market movements, valuations, and capital flows.
Prepare reports for the Finance and Investments team, Executive team, Board of Directors, and other constituencies, communicating recommendations and investment performance results.
Liaise with the OCIO, custodian, and Lumina’s Finance team on investment performance, financial, and tax reporting.