Investment Operations Analyst I

Cleveland Clinic

19h•Hybrid

About The Position

Join the Cleveland Clinic team where you will work alongside dedicated caregivers, receive endless support and appreciation, and build a rewarding career with one of the most respected healthcare organizations in the world. As an Investment Operations Analyst I, you will support the Cleveland Clinic Investment Office through portfolio risk and performance reporting, investment analytics and data governance, and investment operations and due diligence. Approximately 60% of your time will be focused on preparing stakeholder reporting and presentation materials for staff and board meetings, partnering with BNY to monitor portfolio performance, developing reports with key insights for leadership, assisting with internal controls and audits, and managing S&P reporting. The preference is that candidates reside in the greater Northeast OH area. This position is based out of the Beachwood, OH campus and works a hybrid schedule from 8:00 a.m. -- 5:00 p.m., with three days in the office and two days remote each week. A caregiver who excels in this role will generate portfolio risk metrics and performance reports, interact and resolve issues with strategic vendors, reconcile and ensure efficient data flows between various investment management information systems, lead the preparation and delivery of executive-level reports and presentations, oversee the end-to-end performance measurement process, ensure the effectiveness of internal controls, execute investment transactions, assist senior team members with performing Operational Due Diligence on asset managers, perform daily cash reconciliations and update cash flow projections, interact with Tax, Legal, Accounting and Treasury colleagues, implement asset manager on-boarding processes, be involved in day-to-day operational activities, monitor incoming email communications, and implement data visualization using Tableau dashboards.

Requirements

Bachelor’s degree in quantitative subjects such as Finance, Statistics, Engineering, Mathematics, Physics, Data Analytics, Computer Science, Quantitative Economics, etc.
Two years of highly analytical and quantitative experience in custodian bank, asset management firm, investment consultant, investment office, and financial institution or healthcare finance experience. OR three years of public accounting experience auditing financial institutions
Proficient with managing large amounts of data

Nice To Haves

Master’s degree
Pursuit of Chartered Financial Analyst (CFA)/Chartered Alternative Investment Analyst (CAIA)/Financial Risk Manager (FRM) designation (AI and Tableau dashboard skillset)
Accounting and Finance skills
Investments experience

Responsibilities

Generate portfolio risk metrics and performance reports using variety of tools including but not limited to Aladdin, Albourne, bank custodian system, Bloomberg and eVestment
Interact and resolve issues with strategic vendors including custody bank, ODD consultant and risk vendors
Reconcile and ensure efficient data flows between various investment management information systems including but not limited to Aladdin, custodian systems, Dynamo, Private I, eVestment, and Bloomberg
Lead the preparation and delivery of executive-level reports and presentations for internal and external stakeholders
Oversee the end-to-end performance measurement process, partnering closely with external providers to ensure accuracy, consistency, and integrity
Ensure the effectiveness of internal controls and partner with internal and external auditors to complete annual testing and maintain compliance
Execute investment transactions
Assist senior team members with performing Operational Due Diligence on asset managers
Perform daily cash reconciliations and update cash flow projections, execute collateral movements, and process controls surrounding capital calls/distributions
Interact with Tax, Legal, Accounting and Treasury colleagues to ensure all issues are addressed efficiently
Implement asset manager on-boarding process to ensure new investments are accurately included in all internal systems
Involved in day-to-day operational activities including capital calls, cash and stock distributions, regulatory/compliance documentation requests, account openings/closures, subscription and redemption documents, and liquidity modeling
Monitor incoming email communications from investment managers and respond to requests, or inform/engage investment team members responsible for the relationship
Implements data visualization using Tableau dashboards that are a) supportable, b) accurate and c) useful/relevant
Other duties as assigned