Investment Operations Analyst I

Posted:
11/20/2024, 9:34:24 AM

Location(s):
Ohio, United States ⋅ Columbus, Ohio, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Operations & Logistics

                    

At Cleveland Clinic Health System, we believe in a better future for healthcare. And each of us is responsible for honoring our commitment to excellence, pushing the boundaries and transforming the patient experience, every day.

                        

We all have the power to help, heal and change lives — beginning with our own. That’s the power of the Cleveland Clinic Health System team, and The Power of Every One.

                                    

Job Title

Investment Operations Analyst I

                        

Location

Beachwood

                    

Facility

CC Administrative Campus

                     

Department

Investment Office-Finance

                      

Job Code

T98198

                     

Shift

Days

                       

Schedule

8:00am-5:00pm

                       

Job Summary

                         

Job Details

Investment Operations Analyst I 


Join the Cleveland Clinic team where you will work alongside passionate caregivers and provide patient-first healthcare. 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.     


This position is responsible for critical investment support functions of the Cleveland Clinic Investment Office in one or more of the following areas: a) portfolio risk management and investment performance reporting, b) investment analytics and data governance and c) investment operations and operational due diligence. 
 

A caregiver in this position works days, from 8:00am—5:00pm.  


A caregiver who excels in this role will:  

  • Generate portfolio risk metrics and performance reports using a variety of tools including but not limited to FactSet, Albourne, bank custodian system, Bloomberg and eVestment. Interacts and resolves 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 FactSet, custodian systems, Dynamo, Private I, eVestment, and Bloomberg. 

  • Execute investment transactions 

  • Assist senior team member with performing Operational Due Diligence on asset managers 

  • Perform daily cash reconciliations and updates cash flow projections, executes collateral movements, and processes 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 responds to requests, or informs/engages investment team member responsible for the relationship 

  • Implement data visualization using Tableau dashboards that are a) supportable, b) accurate and c) useful/relevant. 


Minimum qualifications for the ideal future caregiver include:  

  • 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 Three years of public accounting experience auditing financial institutions. 


Preferred qualifications for the ideal future caregiver include:  

  • Master’s degree. 

  • Pursuit of Chartered Financial Analyst (CFA)/Chartered Alternative Investment Analyst (CAIA)/Financial Risk Manager (FRM) designation. 


Our caregivers continue to create the best outcomes for our patients across each of our facilities. Click the link and see how we’re dedicated to providing what matters most to you: https://jobs.clevelandclinic.org/benefits-2/

Physical Requirements:

  • Ability to communicate and exchange accurate information. 

  • Ability to perform work in a stationary position for extended periods.  

  • Ability to work with physical records or operate a computer or other office equipment.  

  • In some locations, ability to travel throughout the hospital system.  

  • In some locations ability to move up to 25 lbs.

Personal Protective Equipment:

  • Follows standard precautions using personal protective equipment as required.

                       

The policy of Cleveland Clinic Health System and its system hospitals (Cleveland Clinic Health System) is to provide equal opportunity to all of our caregivers and applicants for employment in our tobacco free and drug free environment. All offers of employment are followed by testing for controlled substance and nicotine. All offers of employment are follwed by testing for controlled substances and nicotine. All new caregivers must clear a nicotine test within their 90-day new hire period. Candidates for employment who are impacted by Cleveland Clinic Health System's Smoking Policy will be permitted to reapply for open positions after one year.

Cleveland Clinic Health System administers an influenza prevention program. You will be required to comply with this program, which will include obtaining an influenza vaccination on an annual basis or obtaining an approved exemption.

Decisions concerning employment, transfers and promotions are made upon the basis of the best qualified candidate without regard to color, race, religion, national origin, age, sex, sexual orientation, marital status, ancestry, status as a disabled or Vietnam era veteran or any other characteristic protected by law. Information provided on this application may be shared with any Cleveland Clinic Health System facility. 

Please review the Equal Employment Opportunity poster

                  

Cleveland Clinic Health System is pleased to be an equal employment employer: Women / Minorities / Veterans / Individuals with Disabilities