Senior Investment Associate Generalist

Children’s Hospital of Philadelphia•Philadelphia, PA

2d•Hybrid

About The Position

Children's Hospital of Philadelphia (CHOP) offers countless ways to change lives. Our diverse community of more than 20,000 Breakthrough Makers will inspire you to pursue passions, develop expertise, and drive innovation. At CHOP, your experience is valued; your voice is heard; and your contributions make a difference for patients and families. Join us as we build on our promise to advance pediatric care—and your career. CHOP does not discriminate on the basis of race, color, sex, national origin, religion, or any other legally protected categories in any employment, training, or vendor decisions or programs. CHOP recognizes the critical importance of a workforce rich in varied backgrounds and experiences and engages in ongoing efforts to achieve that through equally varied and non-discriminatory means. A Brief Overview Children's Hospital of Philadelphia (CHOP) is the nation's first hospital devoted exclusively to the care of children. Since our start in 1855, CHOP has been the birthplace for countless breakthroughs and dramatic firsts in pediatric medicine. Built on a foundation of delivering safe, high-quality, family-centered care, the Hospital has fostered medical discoveries and innovations that have improved pediatric healthcare and saved countless children's lives. Today, families facing complex conditions come to CHOP from all over the world, and our compassionate care and innovation has repeatedly earned us a spot on the U.S. News & World Report's Honor Roll of the nation's best children's hospitals. CHOP is looking for a Senior Investment Associate Generalist to join the Investment Office. Responsible for managing the Hospital's approximately $5.1 billion endowment, the Investment Office is comprised of a small team that has a large impact on CHOP's long-term mission. The Senior Investment Associate Generalist would be primarily responsible for supporting the team's investment research efforts but will also have a broader impact by recruiting and mentoring talent, conducting in-depth market research, and assisting in portfolio management decisions. This is a generalist position that requires expertise across all asset classes, including public and private investments. In addition to driving investment performance, the Senior Investment Associate Generalist will play an active role in cultivating a high-performing team by recruiting, training, and mentoring junior-level investment personnel, including interns or co-op students. The position requires outstanding written and verbal communication skills, including the ability to present information clearly and concisely to a variety of audiences. The ideal candidate will also have strong alignment with CHOP's ICARE (Integrity/Compassion/Accountability/Respect/Excellence) values.

Requirements

Bachelor's Degree Required
At least five (5) years of experience in evaluating investment opportunities in Private Markets at a high-performance investment organization Required
At least five (5) years of investment and/or operations experience Required
Demonstrated quantitative and qualitative analytical skills, including proficiency in performance analytics. (Required proficiency)
Industry expertise in and knowledge of the manager landscapes for Private Equity. (Required proficiency)
Ability to identify potential conflicts of interest or other concerns. (Required proficiency)
Ability to develop a view for or against a particular manager/fund. (Required proficiency)
Intellectual honesty and integrity. (Required proficiency)
Team-oriented approach and strong interpersonal skills. History of building and fostering trusting, sustainable relationships with key stakeholders. Able to collaborate and partner with other subject matter experts and business leaders. (Required proficiency)
Outstanding written and verbal communication, as well as presentation skills. (Required proficiency)
Organized, professional, and detail-oriented, with the ability to manage multiple assignments efficiently and effectively. (Required proficiency)
Self-motivated, resourceful, and independent; can develop project plans, adapt to a dynamic environment, provide updates, and execute on time without detailed guidance. (Required proficiency)
Practical in approach and has a natural orientation to getting things accomplished quickly in a high-quality way and maximizes results with available resources. (Required proficiency)
Demonstrated success collaborating as part of a diverse and high-performing team. (Required proficiency)
Transparent and able to incorporate feedback into personal performance in real time. (Required proficiency)
Advanced Excel and modeling skills with competence across the Microsoft Office Suite (Required proficiency)

Nice To Haves

Master's Degree Preferred
Investment management experience at a $2 billion plus Endowment, Foundation, or Family Office Preferred or
Chartered Financial Analyst (CFA) - Chartered Financial Analyst Institute (CFAI) - upon hire - Preferred or
Chartered Alternative Investment Analyst (CAIA) Certification - Chartered Alternative Investment Analyst Association(CAIAA) - upon hire - Preferred

Responsibilities

Support the management of the endowment's investment portfolio across various asset classes, including equities, fixed income, real estate, private equity/venture capital, and alternative investments.
Monitor existing investments via periodic update meetings and calls with managers, reviewing performance reports, quarterly letters and all other manager correspondence.
Document manager due diligence and prepare investment memoranda.
Process any requested consents as appropriate.
Evaluate re-investment opportunities with existing managers.
Source and evaluate prospective investments with new top tier managers.
Assist in monitoring and continuously re-underwriting exposures and maintaining close relationships and communication with existing managers.
Track and maintain the ongoing pipeline of prospective managers.
Analyze portfolio performance, risk factors & exposures, and cash flow projections.
Conduct in-depth research and analysis to identify investment opportunities and assess market trends and risks.
Collaborate with the investment operations team to ensure timely and accurate reporting of investment activities and performance metrics.
Work with the team to prepare for Committee and Board meetings as needed.
Assist in the recruitment, hiring, and development of junior-level investment personnel, providing guidance, training, and mentorship to foster their professional growth.
Communicate effectively with internal and external stakeholders, including investment managers, consultants, and other partners.
Provide updates on investment performance, strategy, and market outlook to colleagues and stakeholders as needed.
Stay abreast of industry developments, regulatory changes, and emerging trends to inform investment decisions and best practices.
Other duties as assigned by the VP Investment Generalist and Senior Director Investment Generalist.
Attend select manager meetings, conferences, and industry events. Extensive travel is expected.
Contribute proactively to recommendations for new workflows, analytics, diligence procedures, controls, and reporting outputs that enhance the overall efficacy and efficiency of the team’s investment underwriting, operations, and decision making.
Contribute to a culture of intellectual curiosity and analytical rigor.