Investment Associate

Howard Hughes Medical Institute (HHMI) – Investment Associate Summary You will be part of a collegial 19‑person Investment team and gain valuable experience in endowment management. The investment staff consists of a Public Markets team and a Private Markets team. Associates may work with one or both teams, depending on individual and Institute needs, though a generalist mindset is highly desired. Exceptional performers will have the opportunity to build their career with HHMI. Though the associate position is meant to be a three‑year appointment, many members of HHMI’s senior team, including the CIO, began their tenure on the investment team as associates. Responsibilities Manager identification, evaluation and diligence across multiple asset classes including public and private equities, hedge funds, and real assets Monitoring and re‑under‑writing existing investments Review of direct co‑investment opportunities and special projects Assessing attractiveness of global markets and investment strategies Preparation of internal and investment committee reports for discussion Education and Experience The successful candidate will demonstrate an interest in investing and present a track record of accomplishment in their prior endeavors. We are looking for candidates who are genuinely excited about the impact that successful management of our endowment plays in supporting HHMI’s mission. If this role appeals to you, we encourage you to apply even if you are unsure about whether you meet all of the qualifications, experience or education described below. Bachelor’s degree required; both pre‑ and post‑MBA candidates considered. Two to five years of related work experience in endowment management, direct investing, investment banking or management consulting, for example. Skills and Abilities Superior analytical skills with a firm understanding of investment theory and financial markets Excellent research and critical thinking skills; capable of synthesizing large amounts of data and information in a clear and concise manner Strong written and verbal communication Ability to take initiative, manage multiple tasks simultaneously and meet deadlines Willingness to make independent assessments and recommendations Willingness to embrace a team‑oriented outlook involving collaboration and fostering effective relationships with all colleagues Willingness to travel globally to meet with existing and prospective investment partners Physical Requirements Remaining in a normal seated or standing position for extended periods; reaching and grasping by extending hand(s) or arm(s); dexterity to manipulate objects with fingers, for example using a keyboard; communication skills using the spoken word; ability to see and hear within normal parameters; ability to move about workspace. The position requires mobility, including the ability to move materials weighing up to several pounds (such as a laptop computer or tablet). Persons with disabilities may be able to perform the essential duties of this position with reasonable accommodation. Requests for reasonable accommodation will be evaluated on an individual basis. Job Notes This job description sets forth the job’s principal duties, responsibilities, and requirements; it should not be construed as an exhaustive statement, however. Unless they begin with the word “may,” the essential duties and responsibilities described above are “essential functions” of the job, as defined by the Americans with Disabilities Act. Compensation and Benefits Investment Associate – $118,020.00 (minimum) – $147,525.00 (midpoint) – $191,782.50 (maximum). Pay type: Annual. In addition to the base salary described below, this position is eligible to be considered for an annual bonus pursuant to an incentive compensation program. Medical insurance, Vision insurance, Dental insurance, 401(k), Paid maternity leave, Paid paternity leave, Tuition assistance, Disability insurance, Commuter benefits. HHMI is an Equal Opportunity Employer. We use E‑Verify to confirm the identity and employment eligibility of all new hires. #J-18808-Ljbffr SupportFinity™