Investment Associate

Overview The Investment Associate will be part of the investment team that manages the $1.6 billion endowment of the New York Public Library. The Investment Associate will have exposure to a broad range of asset classes, including public and private equity, hedge funds, real assets, and fixed income. Key ResponsibilitiesReporting to the Chief Investment Officer: Monitor and evaluate the existing fund managers in the NYPL endowment portfolio:Review manager reports and letters and participates in periodic meetings with investment managersPrepare periodic reports on performance, exposure, liquidity, and cash flowsPerform supplemental research and analytics to help better understand underlying manager strategies and portfoliosAssist with monthly and quarterly performance reportingPerform quantitative and qualitative analyses of prospective fund managersResearch, prepare, and write research pieces (with senior team member guidance) on key areas of portfolio diligence, important market trends, and other topics critical to the management of the portfolioAssist with other special projects at the asset class or portfolio levelDevelop and maintain relationships with institutional peers and managers to stay informed on investment trends and markets and discover compelling investment opportunitiesPerform other related duties as required Overview The Investment Associate will be part of the investment team that manages the $1.6 billion endowment of the New York Public Library.

The Investment Associate will have exposure to a broad range of asset classes, including public and private equity, hedge funds, real assets, and fixed income. Key Responsibilities Reporting to the Chief Investment Officer: * Monitor and evaluate the existing fund managers in the NYPL endowment portfolio: * Review manager reports and letters and participates in periodic meetings with investment managers * Prepare periodic reports on performance, exposure, liquidity, and cash flows * Perform supplemental research and analytics to help better understand underlying manager strategies and portfolios * Assist with monthly and quarterly performance reporting * Perform quantitative and qualitative analyses of prospective fund managers * Research, prepare, and write research pieces (with senior team member guidance) on key areas of portfolio diligence, important market trends, and other topics critical to the management of the portfolio * Assist with other special projects at the asset class or portfolio level * Develop and maintain relationships with institutional peers and managers to stay informed on investment trends and markets and discover compelling investment opportunities * Perform other related duties as required Required Education, Experience & Skills Required Education & Experience * Bachelor's degree in business, finance, and/or related field * Two years of relevant work experience in investment management, banking, consulting or other similar area, or an equivalent combination of education and experience * Demonstrated experience with financial modeling skills, including expertise using Microsoft Excel * Ability to work independently as well as part of a team * Ability to take initiative and see projects through to completion * Strong analytical, critical reasoning, and problem-solving skills * Knowledge of commonly used financial products, capital markets, and investments Required Skills * Ability to work independently as well as part of a team * Ability to take initiative and see projects through to completion; ability to work independently as well as part of a team. * Demonstrated experience with financial modeling skills, including expertise using Microsoft Excel. * Strong analytical and communication skills * Knowledge of commonly used financial products * Strong written and oral communication skills * Ability to travel as needed Preferred Qualifications N/A More... Please Note: Effective August 2, 2021, absent a qualifying exception for medical or religious reasons, newly hired employees of the New York Public Library must present proof of receipt of a COVID-19 vaccination and may not begin employment at the Library until 14 days after their receipt of their second dose of either the Pfizer or Moderna vaccines or 14 days after their first dose of the Johnson & Johnson vaccine. Newly hired employees who need additional time to receive their vaccination prior to their start date may request an adjournment of their start date with their hiring manager. The Library will consider such requests on a case by case basis, depending upon the Library's operational needs, among other factors.

The Library will further consider exemptions for prospective employees who cannot become vaccinated due to a qualifying medical condition or a sincerely held religious belief or practice. Candidates who receive a conditional offer of employment and who seek a medical or religious exemption to the Library's vaccination policy will be provided with additional instructions at the time of the conditional offer. Core Values All team members are expected and encouraged to embody the NYPL Core Values: * Be Helpful to patrons and colleagues * Be Resourceful in solving problems * Be Curious in all aspects of your work Physical Duties * May require travel within NYC Physical Required? No Union/Non Union Non Union Schedule * 35 hours per week