Associate, Investment Strategy

Memorial Sloan Kettering Cancer Center; New York (NY); Hybrid; USD 152,000 - 252,000; Full time

Benefits offered by this job

Hybrid on-site schedule

Job summary

Memorial Sloan Kettering Cancer Center in New York City is seeking an Investment Associate to support the Investment Management Division. The role involves monitoring portfolio investments, performing qualitative and quantitative analyses, and preparing investment recommendations for senior leadership.

The position is hybrid with on-site work at 633 Third Avenue and periodic travel up to 20% domestically or internationally.

Qualifications

• 4+ years of demonstrated professional achievement in investments or related field.
• Strong analytical training including financial modeling and data analysis.
• Working knowledge of multiple investment strategies and business/ accounting concepts.

Responsibilities

• Monitor existing investments and provide analytic insights for portfolio reviews.
• Lead due diligence processes for external investment managers across asset classes.
• Assist with asset allocation, manager selection, rebalancing, and term negotiations.
• Represent IMD in interactions with managers and external partners.

Skills

Investment analysis

Financial modeling

Data analysis

Excel

PowerPoint

AI tools for research

Team leadership

Communication

Attention to detail

Tools

Excel

PowerPoint

AI tools for research

Job description

About Us:The people of Memorial Sloan Kettering Cancer Center (MSK) are united by a singular mission: ending cancer for life. Our specialized care teams provide personalized, compassionate, expert care to patients of all ages. Informed by basic research done at our Sloan Kettering Institute, scientists across MSK collaborate to conduct innovative translational and clinical research that is driving a revolution in our understanding of cancer as a disease and improving the ability to prevent, diagnose, and treat it. MSK is dedicated to training the next generation of scientists and clinicians, who go on to pursue our mission at MSK and around the globe.Exciting Opportunity at MSK: Associate, Investment StrategyThe Investment Management Division (IMD) is seeking an Investment Associate, and the role supports MSK’s mission to end cancer for life by managing financial resources that sustain our groundbreaking patient care, research, and education.The IMD team oversees $10 billion in long-term assets across a globally diversified portfolio, including global equities, fixed income, hedge funds, private equity, venture capital, and real assets primarily invested through external managers. These assets are invested in a sophisticated mix of diversified strategies on a global basis, overseen by a committee of the Board and stewarded by IMD. As an Investment Associate, you’ll operate flexibly across all asset classes and contribute to a mission-driven organization.Role Responsibilities:Monitor existing investments and develop qualitative and quantitative analytical insights on the portfolio, including investment recommendations, manager performance reviews, and thematic presentationsSource and drive detailed due diligence processes for external investment managers across public and private asset classesContribute to investment decisions regarding the selection, rebalancing, and termination of managers across asset classesServe as lead IMD representative to current and prospective managers as well as industry conferences, negotiate terms and conditions, and coordinate the efforts of outside service providersCultivate and maintain productive relationships with existing and prospective managers as well as vendors, legal counsel, peer investors, and other industry constituentsAssist with asset allocation reviews and risk management activitiesStay informed of market trends, new investment opportunities, asset class developments, and macroeconomic themesIdentify, evaluate, implement, and manage investment tools, AI resources, and best practices used in connection with portfolio and manager research and trackingKey Qualifications:At least 4 years of demonstrated professional achievement in an area relevant to investments (e.g., investment banking, consulting, asset management, alternative assets, or a related field)Rigorous analytical training, including advanced research, critical reasoning, writing, data analysis, presentation, and financial modeling skills, as well as a working knowledge of multiple investment strategiesTechnical proficiency of Excel and PowerPoint; openness to adopting new tools and methodologiesFamiliarity with AI tools for research and data synthesis, with the ability to apply appropriate judgement in validating outputs and conclusionsA base-level understanding of business, legal, and accounting issues involved in the evaluation of alternative investments and knowledge and/or experience in capital markets also requiredCore Skills:Ability to lead and mentor Investment Analysts and Interns within IMDStrong written and verbal communication skills, with the ability to prepare and deliver reports and presentations to both internal and external stakeholdersProven ability to manage and prioritize multiple investment-related projects simultaneouslyStrong teamwork skills with the ability to collaborate effectively with cross-functional teams and external partnersHigh level of accuracy and attention to detail in all aspects of investment analysis and reporting. Clear and effective written and verbal communication skills with strong attention to detail; willingness to work collaboratively in a team-oriented environment to achieve shared goalsAn ability to thrive in an entrepreneurial team environment, a proven ability to work independently and under pressure, a high degree of judgment, intellectual curiosity, and integrityAdditional Information:Work Schedule: Hybrid; 3x a week on site with additional flexibility as neededLocation: 633 Third Avenue, NYC. Some domestic and/or international travel may be required (10-20%)Reporting to: Director, Investment StrategyHelpful Links:Compensation PhilosophyBenefitsPay Range: $152,400.00 - $251,600.00FSLA Status: ExemptClosing :At MSK, we believe in fair, competitive pay that reflects your job, experience, and skills.MSK is an equal opportunity and affirmative action employer committed to diversity and inclusion in all aspects of recruiting and employment. All qualified individuals are encouraged to apply and will receive consideration without regard to race, color, gender, gender identity or expression, sexual orientation, national origin, age, religion, creed, disability, veteran status or any other factor which cannot lawfully be used as a basis for an employment decision.Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.