Associate, Investments (Hybrid)

Memorial Hermann Health System; United States; On-site; USD 85,000 - 110,000; Full time

Job summary

Memorial Hermann Health System is seeking an Associate, Investments to support the Investment Office, focusing on public equities, hedge funds and fixed income allocations. The role emphasizes rigorous due diligence, quantitative and qualitative analysis, and presenting actionable insights to the Investment Committee.

The position involves collaboration with HR on defined contribution fund selections, supervising interns, and ensuring adherence to the Investment Policy Statement within a

Qualifications

• Bachelor's degree in Finance, Accounting or Economics.
• Three to seven years of experience in financial asset management (institutional preferred).
• Experience in the non-profit investment management space (i.e., Universities, Endowments, Healthcare, etc.) with strong communication to senior leadership.

Responsibilities

• Investment fund manager due diligence.
• Ongoing internal reporting and Investment Committee review; ensure compliance with Investment Policy Statement.
• Monitor investment performance and provide recommendations on manager selections.
• Develop and manage internal performance monitoring systems.
• Develop asset allocation strategies to meet financial goals.
• Collaborate with HR on Defined Contribution plan fund selections.
• Supervise Investment Analysts and Summer Interns.
• Oversee account management and operational processes.
• Advise on Investment Consultant performance and structure.
• Demonstrate commitment to caring for the community and adhere to Memorial Hermann policies.

Skills

Investment due diligence

C-suite presentation

Education

Bachelor's degree in Finance/Accounting/Economics

Job description

At Memorial Hermann, we pursue a common goal of delivering high quality, efficient care while creating exceptional experiences for every member of our community. When we say every member of our community, that includes our employees. We know that when our employees feel cared for, heard and valued, they are inspired to create moments that exceed expectations, while prioritizing safety, compassion, personalization and efficiency. If you want to advance your career and contribute to our vision of creating healthier communities, now and for generations to come, we want you to be a part of our team.

Job Summary

The Associate, Investments primarily supports Investment Office staff responsible for Public Equities, Hedge Funds, and Fixed Income fund manager allocations. The role requires strong analytical capabilities and consists of quantitative and qualitative fund manager due diligence. The Associate, Investments assists in underwriting a range of investment strategies and fund managers, provides actionable insights and recommendations, and produces investment committee materials. This role requires strong communication skills, collaboration, attention to detail, organization, and initiative.

Job Description

Minimum Qualifications Education: Bachelors degree in Finance, Accounting or Economics Licenses/Certificates: (None) Experience / Knowledge / Skills: Three (3) to seven (7) years of experience in financial asset management (institutional preferred) Experience in the non-profit investment management space preferred (i.e., Universities, Endowments, Healthcare, etc.) Organized, strong attention to detail and ability to work with diverse teams Ability to communicate with and present to C-suite management and Investment Committee of the Board

Principal Accountabilities

• Investment fund manager due diligence
• Ongoing internal reporting, including Investment Committee Review of and ensure compliance with Investment Policy Statement Monitor performance of investments and make recommendations on manager selections
• develop and manage internal performance monitoring system Development, implement and evaluate asset allocation strategies, with responsibility to ensure these successfully meet or exceed set financial goals.
• Partner with HR regarding the Defined Contribution plan fund alternatives and manager selections
• Supervise Investment Analysts and Summer Interns
• Oversee the account management and operational processes
• Provide input in evaluation of Investment Consultant performance and advise on optimal Consultant structure.
• Ensures safe care to patients, staff and visitors; adheres to all Memorial Hermann policies, procedures, and standards within budgetary specifications including time management, supply management, productivity and quality of service.
• Promotes individual professional growth and development by meeting requirements for mandatory/continuing education and skills competency; supports department-based goals which contribute to the success of the organization; serves as preceptor, mentor and resource to less experienced staff.
• Demonstrates commitment to caring for every member of our community by creating compassionate and personalized experiences.
• Models Memorial Hermann’s service standards by providing safe, caring, personalized and efficient experiences to patients and colleagues.
• Other duties as assigned.

Together, we’re creating an environment where exceptional care can flourish. It starts with you.