Associate Vice President, Investment Operations

Location: Cincinnati, OH (On-site)

Department: Operations

The Associate VP, Investment Operations, is responsible for portfolio implementation, capital activity oversight and cross-team execution of investment decisions. Partners closely with Portfolio Management teams to operationalize portfolio decisions into coordinated activities across Trading, Fund Operations, custodians, administrators and internal systems.

What You'll Do / Position Responsibilities

Investment Execution

• Partner with Portfolio Management team on rebalancing, model changes, liquidity planning, and sequencing of capital activity across OCIO portfolios.
• Translate portfolio management decisions into actionable funding, rebalancing, and allocation instructions in coordination with Trading and Fund Operations.
• Oversee the firm's trading functions across all service lines and investment vehicles including the use of margin to keep market exposure.

Portfolio Oversight

• Monitor cash positions, liquidity needs, and exposure maintenance to support portfolio continuity across client relationships.
• Ensure portfolio decisions are implemented accurately and timely across funding, rebalancing, and capital activity needs.
• Identify and implement process improvements related to portfolio implementation, capital workflows, and data transparency.

Implementation Expertise & Mentorship

• Continued professional development on alternative investment trading solutions, investment operations and technical platforms.
• Mentor and support analysts involved in investment operations and portfolio related workflows.

What We Expect / Qualifications

• Bachelor's degree in accounting, finance, or related discipline.
• 8-12+ years of experience in portfolio implementation, investment operations, or financial-technology platform management.
• Experience working with portfolio accounting platforms (Black Diamond, Tamarac, or similar).
• Strong understanding of portfolio construction concepts, transaction lifecycle, valuation processes, and investment fund structures (including private capital and hedge funds).
• Excellent communication skills and proven ability to partner with Investments, Operations, Compliance, Technology, and client-facing teams.

What We Offer / Benefits & Compensation

• Competitive compensation and bonus opportunities commensurate with qualifications and performance.
• Employer-paid life, Short-Term Disability and Long-Term Disability coverage plus subsidized Medical, Dental, & Vision plans.
• Wealth Benefits including 401(k) and ESOP Programs with company contributions.
• Paid Time Off (Holidays, PTO, Parental Leave)
• Flexible work options designed to support work-life balance while maintaining productivity and collaboration.
• Employee-led culture committees focused on engagement, well-being, diversity, and a positive workplace environment.
• A structured mentorship program that fosters professional growth, knowledge sharing, and leadership development through meaningful one-on-one connections.
• Tuition reimbursement for approved educational programs to support continued learning and career development.
• Reimbursement for eligible professional certifications and industry-recognized designations.
• Access to comprehensive wellness programs that support physical, mental, and overall well-being.

Why FEG? / About the Company

FEG is an independently owned advisory firm that provides investment consulting, outsourced chief investment officer (OCIO), and research services to predominantly institutional clients1, such as university endowments,

private and public foundations, religious organizations, healthcare institutions, corporate retirement plans, and select family offices.

Founded in 1988, FEG has served communities, both directly and by helping our clients fulfill their missions, for over 35 years. FEG employs 140+ professionals across offices in Cincinnati, Ohio, Dallas, Texas, and Indianapolis, Indiana, with approximately $100.4 billion2 in client assets under advisement.

LIMITATIONS AND DISCLAIMER

The above job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required for the position.

All job requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves or other employees.

This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job-related instructions and to perform other job-related duties requested by their supervisor in compliance with Federal and State Laws.

Requirements are representative of minimum levels of knowledge, skills and/or abilities. To perform this job successfully, the employee must possess the abilities or aptitudes to perform each duty proficiently. Continued employment remains on an "at-will" basis.

1 Institutional clients include Charitable organizations, Community Foundations, Corporate, Healthcare, Higher Education, Independent Schools, Insurance, Native American Tribes, Private Foundations, Public Funds, Religious organizations, and Taft Hartley. Nonprofit clients include Charitable organizations, Community Foundations, Healthcare (nonprofit), Higher Education, Independent Schools, Private Foundations, and Religious Organizations.

2As of September 30, 2025, Assets under Advisement (AUA) include discretionary and non-discretionary assets of FEG and its affiliated entities. These assets are typically non-discretionary. Some asset values may not be readily available at the most recent quarter-end; therefore, the previous quarter's values were used and may be higher or lower depending on current market conditions. Of the $100.4bn in AUA, FEG's total assets under management (AUM) of $19.6bn includes discretionary of ($17.0bn) and non-discretionary AUM ($2.5bn).

FEG Investment Advisors is an Equal Opportunity Employer. FEG Investment Advisors does not discriminate in its employment decisions based on race, religion, color, national origin, sex (including pregnancy, gender identity and sexual orientation), age (40 or older), disability, veteran or military status, genetic information, or any other basis that would violate any applicable federal, state, or local law.