Investment Operations Associate

Investment Operations AssociateChildren's Hospital of Philadelphia (CHOP) offers countless ways to change lives. Our diverse community of more than 20,000 Breakthrough Makers will inspire you to pursue passions, develop expertise, and drive innovation. At CHOP, your experience is valued; your voice is heard; and your contributions make a difference for patients and families. Join us as we build on our promise to advance pediatric care—and your career.CHOP does not discriminate on the basis of race, color, sex, national origin, religion, or any other legally protected categories in any employment, training, or vendor decisions or programs. CHOP recognizes the critical importance of a workforce rich in varied backgrounds and experiences and engages in ongoing efforts to achieve that through equally varied and non-discriminatory means.CHOP is looking for an Investment Operations Associate to join the Investment Office. Responsible for managing the Hospital's over $5 billion endowment, the Investment Office is comprised of a small team that has a large impact on CHOP's long-term mission. Reporting to the Director of Operations, the Investment Operations Associate will support the management of both the portfolio and Investment Office operations. This role requires the ability to analyze and synthesize data, exercise independent judgment, build relationships, and create high quality deliverables. The Investment Operations Associate will also serve as a part of the larger team, providing support as needed.Exercises limited decision-making authority while independently owning and delivering process outcomes.The Ideal CandidateThe successful candidate is a proactive, intellectually curious investment operations professional who thrives in a collaborative environment and enjoys taking ownership of complex processes. They are equally comfortable working with data, managing relationships, and navigating operational challenges.In addition, the ideal candidate will bring:5+ years of experience in an investment, endowment, asset management, or broader finance function.Experience supporting trading operations, investment compliance, and counterparty relationships.Strong analytical and problem-solving skills with the ability to synthesize large amounts of information into actionable insights.Exceptional attention to detail and commitment to accuracy.Excellent communication and relationship-building skills.The ability to work independently while contributing to a highly collaborative team environment.A continuous improvement mindset with a willingness to take initiative and drive process enhancements.Strong alignment with CHOP's ICARE values: Integrity, Compassion, Accountability, Respect, and Excellence.Why Join CHOP's Investment Office?This is a unique opportunity to build deep expertise across investment operations while working for one of the nation's leading pediatric healthcare institutions.Meaningful ImpactThe Investment Office manages a $5.6 billion endowment that helps support CHOP's mission of providing world-class patient care, groundbreaking research, and education.Broad Exposure & Accelerated GrowthUnlike larger investment organizations with highly specialized roles, CHOP's lean team structure provides exposure across virtually every aspect of investment operations. You'll gain hands-on experience spanning trading, compliance, portfolio administration, reporting, manager interactions, and process improvement, creating a broad and highly marketable skill set.Increased ResponsibilityAs a member of a small team managing a large and sophisticated portfolio, you'll have the opportunity to own meaningful workstreams, contribute to strategic initiatives, and make a visible impact from day one.Strong CultureCHOP fosters a collaborative, supportive, and mission-driven culture where team members are valued for their expertise, partnership, and commitment to excellence. The Investment Office values intellectual curiosity, continuous learning, and teamwork.Work-Life Balance & FlexibilityCHOP is committed to supporting employee well-being through a flexible hybrid work environment.In-office: Tuesday, Wednesday, and ThursdayWork from home: Monday and FridayThis schedule provides the opportunity for meaningful in-person collaboration while also offering flexibility to support productivity and work-life balance.This role is ideal for a finance or investment professional seeking broad exposure, meaningful responsibility, and the opportunity to contribute to the management of a world-class endowment in support of CHOP's mission.What you will do:Under the Director's and CIO's guidance, the Investment Operations Associate will support and/or lead the execution and development of best practices related to all operational functions of the Investment Office including, but not limited to, the following:Investment Execution & MonitoringExecution and settlement of investments, including capital call fundings, trading, rebalancing, etc.Reconciliation of investment activity between the accounting and investment books of record, including contributions, distributions, subscriptions, redemptions, etc.Monitoring of investment terms and conditions for all active investments, including key dates, fees, term extensions, etc.ReportingMonthly portfolio performance reporting at investment, asset class, and overall portfolio levelBenchmarking, attribution, and exposure analysis to continually enhance quality of reportingWork closely with the custodian, consultants, and finance colleagues to coordinate and ensure accuracy and timeliness of reportingDocument and Research ManagementInitial setup and onboarding of prospective investments in research management systemInvestment documentation and reporting, including naming, categorization, and tagging for investment and accounting use within research and portfolio management systemsExtraction and validation of relevant data from regular investment reportingAudit & ComplianceWork with external auditors to develop and execute plan for the annual audit of the investment portfolioEngage with internal audit team during periodic reviews and provide all necessary support to satisfy ad-hoc requestsMonitoring of adherence to Investment Policy Statements and investment guidelinesOtherOngoing refinement of investment documentation and knowledge management processOperational due diligence process for existing and prospective investmentsMaintain strong working relationships with other external providers (custodian, brokerage, consultants, vendors, etc.)Any ad-hoc projects, initiatives, and analyses necessaryEducation Qualifications:Bachelor's Degree Accounting or Finance - RequiredExperience Qualifications:At least five (5) years Previous experience in investment or finance function - RequiredAt least five (5) years Previous experience with trading, compliance and managing counterparty relationships - RequiredPrevious experience working within a lean and high-performing team - PreferredPrevious exposure to traditional and alternative investment strategies - PreferredSkills and Abilities:Excellent interpersonal skills with a collaborative work style (Required proficiency)Outstanding writing and verbal communications (Required proficiency)Demonstrated track record of producing high quality deliverables on tight deadlines (Required proficiency)Extreme attention to detail and intellectually honest (Required proficiency)Professional and organized work style (Required proficiency)Demonstrated resourcefulness and ability to work independently without the need for detailed guidance (Required proficiency)Self- motivated and results oriented with ability to quickly analyze data and communicate results (Required proficiency)Strong project management skills along with a proven ability to develop project plans, provide regular updates to project sponsors, and adjust project direction as needed (Required proficiency)Ability to manage multiple complex assignments with proven ability to assess competing priorities in a high energy, fast paced environment (Required proficiency)Practical in approach – has a natural orientation to getting things accomplished quickly in a high-quality way and maximizes results with available resources (Required proficiency)Transparent and able to incorporate feedback in real time into personal performance (Required proficiency)History of building trust and fostering sustainable relationships with key stakeholders, including an ability to collaborate and partner with other subject matter experts and business leaders (Required proficiency)Able to effectively cope with change and easily shift gears between strategy, design, and delivery (Required proficiency)Highly effective in ambiguous environment and able to produce maximum results with little direction and guidance (Required proficiency)Interest in the endowment model of investing (Required proficiency)Proficient Excel and modeling skills