| Advertised Summary Job Description: **This position is located at 405 Lexington Avenue***|
Reporting to the CEO/CIO, this individual will serve as a "generalist" investor and key member of the investment team overseeing all investment activities across the portfolio. Specific responsibilities include, but not limited to:
Asset Allocation: Participate in asset allocation studies and portfolio rebalancing activities embracing IMC's unique risk allocation framework.
Manager Selection: Perform due diligence and monitoring of current and prospective third-party investment managers across asset classes. Evaluate performance and recommend rebalancing or termination actions as required. Direct the process for presentation and evaluation of managers to the team utilizing IMC's rigorous and systematic proprietary manager selection process. Monitor and evaluate manager performance against risk/return/liquidity objectives.
Portfolio Construction - Investment Decision Making: Engage in portfolio management decisions for all asset classes. It is expected that each member of the investment team will contribute to idea generation, research and healthy debate.
Conduct Ad Hoc Studies and Projects: Prepare white papers and studies for the IMC and Board on various asset classes, investment strategies and investment managers.
Network: Cultivate and maintain a professional network across the investment community including managers, peers, consultants, etc. to remain abreast of developments and stay ahead of trends.
Staff Development and Retention: Help inspire a team-oriented environment. Provide mentorship and development opportunities to the analyst/associate team including them in high-level discussions, research, and analysis. Additional responsibilities include supporting the summer internship program and assisting analyst recruiting.
**To be considered an applicant please apply online through Jobs@Columbia, as well as sending your current resume and inquiry to Russell Reynolds Associates at: CIMC.firstname.lastname@example.org.**
General Minimum Qualifications: -Bachelor's degree required.
-Deep experience in institutional investment management, a demonstrated track record of achievement and at least five years of direct experience in manager selection and preferably additional investment experience with an endowment, family office, OCIO, asset management firm, or fund of funds.
Additional Specific Minimum Qualifications: Asset/Risk Allocation/Manager Selection
-Evidence of strong investment judgment and acumen with experience sourcing investments, leading due diligence efforts, negotiations, and the ongoing monitoring of external managers.
-Candidates may be generalists across the complete spectrum of asset classes or specialists with deep knowledge of a specific area. IMC is keenly interested in candidates who bring depth in public markets, equity L/S, credit, derivatives, rates, and currencies. This includes a strong understanding of leading managers, investment processes, and operations. A bottom-up fundamental as well as a top-down global, macro perspective is valued.
-Highly analytical and quantitative problem solver, adept at handling complex financial matters and putting together an objective decision-making framework and process.
-Passionate about investing and a self-starter able to "hit the ground running" to contribute, originate, and drive new investment ideas.
-Comfortable working within and embracing an established process-driven, risk centered framework.
Cultural Fit & Communication Skills
-Collegial and team oriented. Thrives in a hard-working, non-hierarchical, performance-driven environment where ideas are shared openly.
-Must be curious and take initiative to own projects from start to finish with minimal oversight.
-High degree of detail orientation.
-Creative and resilient. A reputation for consistency generating interesting, practical investment ideas regardless of whether or not they ultimately make it into the portfolio.
-Strong interpersonal, verbal and written communication skills. Must have an ability to clearly articulate complex concepts, ideas, and processes with presence, maturity, and credibility in order to represent the IMC and University in interactions with managers and the broader investment community.
Building Relationships and Using Influence
-High-impact player, and ability to make an immediate, positive impression in any business situation.
-Has substantial relationships with senior investment professionals throughout the industry in order to keep abreast of important, sometimes intangible developments that could impact portfolio holdings.
-Willingness and flexibility to travel to meet managers globally and attend conferences is expected.
-Able to motivate and energize colleagues across all levels and functions throughout the organization.
Preferred Qualifications: CFA, MBA or an equivalent advanced degree in finance or a related quantitative discipline strongly preferred
As a member of the National Collegiate Athletic Association (NCAA) and the Council of Ivy Group Presidents (Ivy League), it is imperative that members of the Columbia University community, in all matters related to the intercollegiate athletics program, exhibit the highest professional standards and ethical behavior with regard to adherence to NCAA, Conference, University, and Department of Intercollegiate Athletics and Physical Education rules and regulations.
Columbia University is an Equal Opportunity/Affirmative Action employer.