Associate, Outsourced CIO Team

ADP, Inc.; New York (NY); On-site; USD 110,000 - 125,000; Full time

Job summary

Commonfund seeks an Associate to support the Outsourced Chief Investment Office (OCIO) team in New York. You will handle investment- and client-related requests, assist with portfolio analysis, asset allocation modeling, and reporting.

You will work cross-functionally with other teams to deliver high-quality client responses and contribute to AI-assisted research workflows. This role offers growth within a leader in institutional investing.

Qualifications

• 2–4 years of experience in investment or asset management.
• Strong analytical and problem-solving skills.
• Proficient with Microsoft Office (Excel, Word, PowerPoint).
• Ability to work independently and meet deadlines.
• Experience with enterprise LLMs and API-driven workflows.
• Team-oriented with strong communication skills.
• Willingness to work after hours when needed.

Responsibilities

• Provide strong quantitative and analytical support to OCIOs.
• Undertake portfolio evaluation and analysis of client accounts.
• Aid in designing and refining prompt workflows and AI-assisted research processes.
• Assist with client interface – respond to inquiries and analytic requests.
• Responsible for month-end portfolio review, rebalancing client portfolios, and cash flow analysis.
• Assist in generating asset allocation recommendations using portfolio modeling tools.
• Create and maintain presentation materials.
• Evaluate and pilot new AI tools relevant to investment research and client communication.
• Support ad-hoc project requests from clients and senior staff.
• Assist with development of charts, materials, and written communications with Marketing and Investment groups.
• Collaborate with technology and data teams to build scalable AI solutions.

Skills

Analytical problem solving

Investment industry experience

Team collaboration

Verbal written communication

AI workflows using APIs

Tools

Excel

PowerPoint

Word

APIs

Job description

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Associate, Outsourced CIO Team

New York, NY, US

Salary Range: $110,000.00 To $125,000.00 Annually

POSITION TITLE: Associate, Outsourced CIO Team

SUPERVISOR: Managing Director, Outsourced CIO Team

ABOUT COMMONFUND

Commonfund is an investment management firm serving the institutional market with a particular focus on the nonprofit and public sectors, including endowments, foundations, health care organizations, and other mid-sized institutions. Commonfund was founded in 1971 with a two-part mission: to create investment solutions for nonprofits that previously did not have the scale and access to the best managers, and to create educational programs that would bring current best investment practices to institutional investors of all sizes and segments. Commonfund has changed and grown dramatically over the years, expanding both its investment solution offerings and the client segments served. Today, Commonfund manages close to $30 billion for over 1,600 institutions with a focus on three primary activities: Outsourced solutions; alternative investment strategies (hedge funds and private capital); and research and advice on a variety of investment and governance topics through the Commonfund Institute. Commonfund’s website, www.commonfund.org/AboutUs/ provides a more detailed overview, including its role and mission statement.

POSITION DESCRIPTION AND RESPONSIBILITIES:

Commonfund seeks to hire an Associate to assume investment- and client-related requests from clients and senior members of the Outsourced Chief Investment Office (OCIO) team. The Outsourced Chief Investment Office (OCIO) team provides total portfolio management for endowment and foundation clients. It is a highly visible position and critical to the success of the organization and its growth. The Associate will assist with managing client portfolios in areas such as asset allocation modeling, portfolio construction, portfolio rebalancing, reporting, and risk management. The successful candidate will also be expected to work cross-functionally with other teams within the organization to provide high-quality, timely, and complete responses for our clients

PRIMARY RESPONSIBILITIES:

• Provide strong quantitative and analytical skills to support the Outsourced Chief Investment Officers (OCIOs)
• Undertake portfolio evaluation and analysis of client accounts
• Aid in designing and refining prompt workflows and AI-assisted research processes to improve speed and quality of client deliverables
• Assist with client interface – respond to inquiries and analytic requests from clients in a timely and accurate manner
• Responsible for month-end portfolio review, rebalancing client portfolios, and cash flow analysis
• Assist in generating asset allocation recommendations for current and prospective institutions by using portfolio modeling applications
• Create, maintain, and update presentation materials
• Evaluate and pilot new AI tools relevant to investment research, client communication, and operational efficiency
• Support with ad-hoc project requests from clients and senior staff
• Assist with development of charts, materials, and written communications in collaboration with our Marketing and Investment groups
• Collaborate with technology and data teams to build scalable AI solutions that enhance the OCIO advisory experience
• Develop an in-depth knowledge of Commonfund’s investment strategies and programs

PREFERRED BACKGROUND:

• 2-4 years of experience in the investment or asset management industry
• Strong analytical/problem solving skills, including use of spreadsheet/database software for quantitative analysis
• A strong proficiency with Microsoft Office programs including Excel, Word, and PowerPoint
• Demonstrated ability to complete assignments independently and on a timely basis
• Proficiency with enterprise large language models and building practical workflows through the use of APIs
• Ability to work as part of a team to accomplish broader goals and objectives
• Strong verbal, written communication, and presentation skills
• Ability to handle multiple responsibilities
• Willingness to work after hours, when necessary, to accomplish work assignments
• Prior knowledge of capital markets and asset management landscape is preferred