Operations Analyst, Investments (TPF)

The Packard Foundation; San Francisco (CA); Hybrid; USD 95,000 - 125,000; Full time

Benefits offered by this job

Health insurance

Retirement plan 15% employer contrib.

Life insurance

Disability insurance

Paid time off to volunteer

Tuition assistance

Commuting assistance

Job summary

The David and Lucile Packard Foundation seeks an Investment Operations Analyst to join our Investments team. This role offers exposure to all aspects of investment operations across asset classes and works closely with team members to ensure accurate reporting and efficient processes.

Initially remote, the position will require onsite work at our downtown Los Altos offices once reopened. A strong detail focus and collaborative mindset will help support the Foundation’s mission and endowment

Qualifications

• Strong orientation to detail and accuracy and excellent organizational skills.
• Ability to work effectively under pressure.
• Strong and demonstrated quantitative and analytical skills.
• Demonstrated ability to be a self-starter, multi-task, and work well both independently and as a member of a team.
• Ability to work effectively remotely until the Foundation offices reopen.
• Ability to travel as needed once travel restrictions are lifted.

Responsibilities

• Research and resolve investment operations and accounting issues in a timely and accurate way.
• Ensure the integrity of performance data.
• Generate and reconcile daily, monthly, quarterly, and annual investment reports.
• Process investment cash flows and assist with cash forecasts.
• Maintain ongoing relationships with the custodial bank, vendors, and internal groups.
• Prepare materials for quarterly Investment Committee meetings.
• Track and maintain investment-related information on central spreadsheets and databases.
• Manage operations requests from Investment team members.
• Undertake special projects as requested.

Skills

Detail orientation

Work under pressure

Analytical skills

Self-starter

Remote work capability

Travel readiness

Education

Bachelor’s degree

Job description

About the David and Lucile Packard Foundation:

The Packard Foundation is dedicated to improving the lives of children, families, and communities—and restoring and protecting our planet. Guided by the principles of our founders, we think big and serve with humility.

Our grantees are making positive change all over the world and in our own backyard. We are known for our work protecting the climate, oceans, and land and for advancing reproductive health and rights. We also work hard to ensure that all children and families have what they need to succeed. Our capacity‑building projects help non‑profit leaders build more powerful and impactful organizations and movements.

People join the Packard Foundation because they believe in our mission. They stay for the community of talented and thoughtful colleagues who care deeply about making a meaningful impact. Advancing diversity, equity and inclusion is central to all our endeavors. We are committed to continually improving our efforts to lift up diverse voices, to advocate for justice and to foster inclusivity -- both within the Foundation and in our grantmaking.

The organization lives the values it supports. Our green headquarters is net zero energy and LEED® Platinum. Our bathrooms are gender neutral. Employees get a full week of paid time each year to volunteer with a non‑profit of their choice. The Foundation also has a generous donation matching program for staff.

There is much work to do in the world and our local communities. At the Packard Foundation, we are committed to doing it with the highest levels of integrity, effectiveness and caring.

The Investments team currently consists of 11 professionals under the direction of Chief Investment Officer Kim Sargent. The team consists of eight investment and three operational and administrative professionals. It is a high‑performing, intrinsically motivated team that values collaboration, debate, and collective responsibility for the Foundation’s $7.5 billion portfolio. The team’s goal is to generate an annual payout to fund the Foundation’s grants by partnering with the best fund managers across the globe and across asset classes on a bottom‑up basis.

About the Role:

The Foundation seeks to hire an Investment Operations Analyst to join our team. This an opportunity to learn all aspects of investment operations across multiple asset classes. The successful candidate will have a key role in the investment operations group and work closely with various members of the Investments team.

To be successful in this role, he/she will have a strong attention to detail, handle multiple tasks effectively, enjoy working in a collaborative environment, and have a long‑term interest in Endowment and Foundation operations as a career.

As an integrated team within the Foundation, this individual will have opportunities to hear, participate, and learn about the Foundation’s programs.

This position reports to the Director of Investment Operations. Initially the role will start remotely but will require working onsite at the Foundation offices in downtown Los Altos, California once the Foundation offices reopen.

Primary Duties and Responsibilities:

• Research and resolve investment operations and accounting issues in a timely and accurate way
• Ensure the integrity of performance data
• Generate and reconcile daily, monthly, quarterly, and annual investment reports
• Process investment cash flows and assist with cash forecasts
• Maintain ongoing relationships with the custodial bank, vendors, and internal groups
• Prepare materials for quarterly Investment Committee meetings
• Track and maintain investment‑related information on central spreadsheets and databases
• Manage operations requests from Investment team members
• Undertake special projects as requested

Qualifications:

Knowledge, Skills and Abilities

• Strong orientation to detail and accuracy and excellent organizational skills
• Ability to work effectively under pressure
• Strong and demonstrated quantitative and analytical skills
• Demonstrated ability to be a self‑starter, multi‑task, and work well both independently and as a member of a team
• Ability to work effectively remotely until the Foundation offices reopen
• Ability to travel as needed once travel restrictions are lifted

Education and Experience

• Bachelor’s degree in a related area
• A minimum of 3 years of work experience, ideally to include an Endowment or Foundation investment management organization; alternatively, work experience at a public auditing firm, hedge fund or private equity firm, with a strong interest in pivoting careers to an Endowment or Foundation

Compensation and Benefits:

Theis a full‑time,exempt position. Compensation will be commensurate with related work experience and education.

The David and Lucile Packard Foundation offers excellent benefits for eligible employees. Current benefits include:

• medical (HMO and HDHPs), dental and vision coverage
• 15% employer contribution to employee retirement plan
• life insurance, disability insurance, vacation and sick leave
• an adoption benefit
• fertility benefit
• a financial wellness program
• health advocacy services, paid time off to volunteer for nonprofit organizations
• matching grants for employee contributions to tax exempt organizations
• commute assistance
• and tuition assistance.

The David and Lucile Packard Foundation is an equal opportunity employer and welcomes a diverse candidate pool.

The Foundation uses an outside firm to check the accuracy of information supplied by applicants who are extended an offer of employment.