Senior Investment Analyst

As a member of the Public Markets team, complete






investment analysis activities






for






public






equity,






liquid / semi-liquid diversifying






strategies




, and fixed






income for






Advocate Health, Inc. and its subsidiaries. Monitor global economic and market conditions to recognize opportunities for new investments. Perform rigorous qualitative and quantitative due diligence to






validate






the attractiveness of investment opportunities and recommend actions to the investment team




.






Monitor and continually evaluate investments after the investment decision is implemented with ongoing due diligence activities to






include:






preparing and analyzing investment reports,






monitoring






and evaluating investment manager performance, and






utilizing






risk management tools




.






Position is expected to collaborate with other investment team members






regarding






qualitative and quantitative investment analysis and reporting.

Major Responsibilities:

• 
  
  

  
  
  
  
  
  Investment Analytics: Perform investment analysis (both qualitative and quantitative) of both individual investment managers
  
  
  
  
  
  
  and
  
  
  
  
  
  
  appropriate asset
  
  
  
  
  
  
  classes. Gather, extract, and aggregate data from Dynamo,
  
  
  
  
  
  
  Onbase
  
  
  
  
  , investment manager inquires, and
  
  
  
  
  
  
  other sources. Evaluate investment manager performance and summarize relevant developments to the
  
  
  
  
  
  
  deal team
  
  
  
  
  ,
  
  
  
  
  
  
  VPs
  
  
  
  
  
  
  and SVP-Chief Investment Officer
  
  
  
  
  .
  
  
  
  
  
  
  Utilize and
  
  
  
  
  
  
  maintain
  
  
  
  
  
  
  reports detailing the exposures and key developments within the portfolio.
  
  
  
  
  
  
  
  

  
  

• 
  
  

  
  
  
  
  
  Investment Manager Evaluation: Continually
  
  
  
  
  
  
  monitor
  
  
  
  
  
  
  and evaluate investment manager performance
  
  
  
  
  
  
  relative
  
  
  
  
  
  
  to established
  
  
  
  
  
  
  benchmarks and asset class. Review industry reports and performance commentary to the extent it may
  
  
  
  
  
  
  impact
  
  
  
  
  
  
  existing
  
  
  
  
  
  
  managers. Collect necessary data for risk aggregation. Periodically provide narrative to
  
  
  
  
  
  
  asset class
  
  
  
  
  
  
  leads
  
  
  
  
  , VPs and SVP
  
  
  
  
  -Chief Investment Officer
  
  
  
  
  
  
  regarding
  
  
  
  
  
  
  material
  
  
  
  
  
  
  developments to contribute to portfolio level performance and risk analysis efforts.
  
  
  
  
  
  
  
  

  
  

• 
  
  

  
  
  
  
  
  Risk Management:
  
  
  
  
  
  
  Utilize
  
  
  
  
  
  
  risk management tools and reports detailing the exposure of investment
  
  
  
  
  
  
  managers to various metrics of interest, including sectors, regions, market capitalizations, factors, etc. Research any metrics
  
  
  
  
  
  
  that fall outside of established expectations and recommend
  
  
  
  
  
  
  appropriate action
  
  
  
  
  
  
  to manage these risks.
  
  
  
  
  
  
  
  

  
  

• 
  
  

  
  
  
  
  
  Due Diligence and Market Research:
  
  
  
  
  
  
  Monitor
  
  
  
  
  
  
  global market conditions and the investment activities of investment managers.
  
  
  
  
  
  
  Actively
  
  
  
  
  
  
  participate
  
  
  
  
  
  
  in meetings with existing and
  
  
  
  
  
  
  prospective investment managers and summarize information or proposed
  
  
  
  
  
  
  action items gleaned from those meetings.
  
  
  
  
  
  
  
  

  
  

• 
  
  

  
  
  
  
  
  Due Diligence: Actively
  
  
  
  
  
  
  participate
  
  
  
  
  
  
  in periodic meetings and calls with both existing and prospective investment managers to
  
  
  
  
  
  
  gain an understanding of the manager's philosophy, process, and portfolio. Thoroughly review offering materials provided by
  
  
  
  
  
  
  prospective investment managers and summarize key terms, strengths, and prospective issues to
  
  
  
  
  
  
  deal
  
  
  
  
  
  
  teams
  
  
  
  
  
  
  and VPs
  
  
  
  
  . Compile
  
  
  
  
  
  
  due diligence data requests lists and seek
  
  
  
  
  
  
  appropriate information
  
  
  
  
  
  
  to address diligence matters. Conduct competitive / peer
  
  
  
  
  
  
  analysis and review
  
  
  
  
  
  
  track record
  
  
  
  
  
  
  vs relevant benchmark data for prospective managers.
  
  
  
  
  

• 
  
  

  
  
  
  
  
  On-Going Monitoring: Read all communications from investment managers and summarize key issues and/or changes to
  
  
  
  
  
  
  asset class leads
  
  
  
  
  
  
  and VPs
  
  
  
  
  .
  
  
  
  
  
  
  
  

  
  

• 
  
  

  
  
  
  
  
  Market Research: Perform market research for the purpose of industry education, trend
  
  
  
  
  
  
  identification, and documentation of
  
  
  
  
  
  
  best practices. Attend relevant local industry events and read pertinent white papers, summarizing findings for members of the
  
  
  
  
  
  
  investment team.
  
  
  
  
  
  
  
  

  
  

• 
  
  

  
  
  
  
  
  Documentation: Work with
  
  
  
  
  
  
  deal team
  
  
  
  
  ,
  
  
  
  
  
  
  asset class leads
  
  
  
  
  ,
  
  
  
  
  
  
  and VPs
  
  
  
  
  
  
  to ensure proper documentation of
  
  
  
  
  
  
  investment diligence, approval, and sizing decisions. Review and
  
  
  
  
  
  
  maintain
  
  
  
  
  
  
  relevant internal databases to ensure
  
  
  
  
  
  
  accurate
  
  
  
  
  
  
  investment manager and service provider contact information as well as fees and other key contractual terms. Review
  
  
  
  
  
  
  manager communications and conduct periodic manager data requests as
  
  
  
  
  
  
  appropriate
  
  
  
  
  .
  
  
  
  
  
  
  
  

  
  

• 
  
  

  
  
  
  
  
  Manager Reporting: Collaborate with Investment Operations team to review accuracy and completeness of manager
  
  
  
  
  
  
  performance and other reporting data. Ensure accessibility of documents for use by Operations and/or
  
  
  
  
  
  
  Accounting
  
  
  
  
  
  
  teams.
  
  
  
  
  
  
  Utilize
  
  
  
  
  
  
  appropriate technology
  
  
  
  
  
  
  to
  
  
  
  
  
  
  optimize
  
  
  
  
  
  
  external and internal data request processes.
  
  
  
  
  
  

• 
  
  

  
  
  
  
  
  Investment Operations Support: Collaborate and coordinate with members of the investment team across a variety of
  
  
  
  
  
  
  workflows, specifically investment operations. Investment operations support may include maintenance of internal databases,
  
  
  
  
  
  
  preparation of direction letters and legal documents, aggregation of portfolio level data, trade
  
  
  
  
  
  
  planning
  
  
  
  
  
  
  and cash forecasting.
  
  
  
  
  
  
  
  

  
  

Education Requirements:

Bachelor's Degree in Finance




, Accounting or Economics

This is a pre-MBA or other






masters






degree position.

Experience Requirements:

Typically requires






~2+ years of






related experience in investments, capital






market






or finan




ce for investment






analyst






and






~




5+






years






of related experience






for senior investment






analyst

Knowledge, Skills & Abilities Required:

Excellent spreadsheet skills






(pivot tables, data






tables for sensitivities




,






etc




)

Strong analytical skills

Strong communication






skills

Exceptional






attention to detail

Experience with Bloomberg






(or interest in learning)

Must be a team player

Ability to handle confidential information with respect






given






sensitive nature of the data

Ability to prioritize independently and respond to multiple simultaneous requests

Ability to work in






changing






environment. Ability to work under stressful conditions and in






difficult situations




.

Willingness to pursue






additional






education such as the CFA designation

Schedule Details/Additional Information

• 
  
  

  
  
  
  
  
  Partially remote position, Chicago
  
  
  
  
  
  
  or Charlotte
  
  
  
  
  -based
  
  
  
  
  . E
  
  
  
  
  xpectation
  
  
  
  
  
  
  to
  
  
  
  
  
  
  commute to Oak Brook
  
  
  
  
  
  
  (Chicago) or
  
  
  
  
  
  
  Midtown/Dilworth (Charlotte)
  
  
  
  
  
  
  office
  
  
  
  
  
  
  1-
  
  
  
  
  2 times per week.
  
  
  
  
  
  
  
  

  
  

This job description






indicates






the general nature and level of work expected of the incumbent. It is not designed to cover or






contain






a comprehensive






listing






of activities, duties or responsibilities required






of






the incumbent.






Incumbent






may






be required






to perform other related duties.