Investment Analyst

Job Summary

The University of Michigan Investment Office is seeking an intellectually curious and collaborative individual with a strong desire to succeed to become a member of its accomplished investment team for a two-year tenure as an Investment Analyst.

What You'll Do

As a member of the Investment team this entry-level Investment Analyst will provide support and assistance for the oversight and management of the university’s investment portfolios by helping with portfolio analysis, operational projects, and Manager due diligence. This position is designed for a tenure of 2 years with a salary of $73,000.  There is also a 5% bonus structure in place with the opportunity to achieve 10% for a highly successful candidate.

Who We Are

The University of Michigan Investment Office is responsible for directing and overseeing the investment of the University’s $16 billion of financial reserves, which includes the 9th largest university endowment.  The Investment Office staff works with many of the top investment managers globally to provide the financial resources necessary to ensure the long-term success of one of the world’s great teaching and research institutions.

Responsibilities

• Prepare investment reports on performance, asset allocation and risk characteristics of portfolios

• Conduct investment research as directed by the team

• Assist the team with Manager due diligence, which includes the initial screening of investment managers; participating in meetings with the managers; quantitative performance analysis and qualitative due diligence; and participating in internal discussions that lead to an investment recommendation

• Provide support for monitoring existing managers, performance analysis, staffing, and compliance with guidelines

• Liaison with consultants and custodian bank staff as needed

• Support operations

• Identify and resolve standard investment accounting, performance measurement and compliance issues

• Initiate fund transfers and monitor fund additions, withdrawals and distributions as directed

• Some travel will be required

Required Qualifications

Bachelor’s degree; an understanding of and interest in investing; strong quantitative and verbal skills; a proven ability to create and utilize complex spreadsheets; a demonstrated attention to detail and a collaborative work style. An analytical skills test (up to 2 hours allowed) will be required as part of the interview process.

Desired Qualifications

Programming experience (R, Python, C++); exposure to investment analysis.

U-M EEO/AA Statement

The University of Michigan is an equal opportunity/affirmative action employer.

How to Apply

A cover letter, references and transcripts are required at time of application. Apply ONLY at https://careers.umich.edu/ for job id # 193212.