Managing Director of Investments (Portland)

Position:Managing Director of Investments

Reports to:President & Chief Executive Officer

Status:Regular, Full-Time, Exempt

Direct Reports: 4

Base Salary Range:$294,000-$339,000 per year

Apply At: View email address on apply.placed-app.com

Deadline: August 15, 2026

About Meyer Memorial Trust

One of the largest private funders in Oregon, Meyer Memorial Trust works to accelerate racial, social and economic justice for the collective well‑being of Oregon’s lands and peoples. Established in 1982 from the estate of grocery store founder Fred G. Meyer, the Trust has awarded grants and program‑related investments in excess of $1 billion to more than 3,800 organizations. Meyer stewards an endowment of approximately $1 billion and deploys an annual grantmaking budget of $61 million across a range of issue‑based portfolios and strategic initiatives.

Meyer staff bring a wide range of backgrounds, perspectives and experiences to their roles, but are united by the belief that transformative change is possible in Oregon. We strive to build a workplace where people can contribute fully, learn from one another and make a meaningful impact together.

Learn more about working at Meyer at mmt.org/careers.

Position Summary

The Managing Director of Investments leads the strategy, governance and oversight of Meyer Memorial Trust’s diversified investment portfolio. Reporting to the President & CEO and partnering closely with the Board of Trustees, this role is responsible for preserving and growing the endowment while aligning investment practices with Meyer’s mission and values.

This position will steward one of Meyer's most important strategic assets in support of current and future generations of mission impact. The role combines sophisticated institutional investment leadership with strong governance, operational discipline and collaborative partnership. The Managing Director oversees Meyer’s investment operating model, including relationships with external advisors and managers, and serves as a trusted advisor across the organization.

The successful candidate will bring deep investment expertise, sound judgment, strong communication skills and the ability to build trusted relationships across diverse stakeholders.

Duties and Responsibilities

• Lead the development and execution of long‑term investment strategy for Meyer’s endowment.
• Oversee strategic and tactical asset allocation across public equity, fixed income, private investments, hedge funds and real assets.
• Evaluate market conditions, portfolio risks and investment opportunities.
• Conduct scenario planning, liquidity analysis and portfolio stress testing.
• Ensure investment strategies appropriately balance return objectives, liquidity needs, diversification and risk management.
• Identify and evaluate opportunities that align financial performance with mission and long‑term impact.
• Monitor portfolio and manager performance relative to benchmarks and strategic objectives.

Board Partnership & Governance

• Serve as a strategic advisor to the President & CEO and Board of Trustees.
• Prepare and present investment recommendations, portfolio updates, performance reporting and market analysis.
• Support investment governance, policy development and fiduciary oversight.
• Help trustees and senior leaders understand investment concepts, risks and strategic tradeoffs.
• Foster relationships grounded in trust, transparency and thoughtful decision‑making.

Investment Operations & External Partner Oversight

• Lead Meyer’s extension‑of‑staff investment operating model with external advisors and partners.
• Oversee operational processes related to investment implementation, liquidity management, portfolio rebalancing and cash management.
• Ensure timely execution and tracking of investment documentation, subscription
• materials and agreements.
• Responsible for oversight of investment technology platforms and vendor
• relationships in partnership with the investment operations team.
• Coordinate with custodians, auditors, legal counsel and other partners.
• Partner with finance leadership to support audit readiness, investment accounting and financial reporting.
• Maintain strong operational controls and compliance with investment policies and fiduciary standards.

Mission‑Aligned Investing

• Integrate mission alignment, equity, sustainability and long‑term stewardship into investment strategy and manager evaluation.
• Oversee the continued evolution of Meyer’s mission‑related investing practices.
• Support frameworks for measuring both financial performance and broader impact.
• Stay informed on emerging trends related to ESG integration, climate investing, equitable investing and responsible stewardship.

Organizational Leadership

• Operate as an enterprise leader, balancing investment priorities with broader organizational goals and mission commitments.
• Serve as a strategic thought partner to executive leadership on organizational opportunities, risks and long‑term sustainability.
• Build alignment across diverse stakeholders and cultivate collaborative relationships across finance, program, grants management and operations teams.
• Foster shared understanding of how endowment stewardship supports Meyer’s mission, grantmaking and long‑term impact.
• Represent Meyer within the institutional investment, philanthropic and mission‑investing communities.
• Encourage a culture of accountability, learning, collaboration and thoughtful decision‑making.

Experience and Competencies

The ideal candidate is both a sophisticated institutional investor and an influential organizational leader. They bring the ability to steward complex financial assets while helping shape institutional strategy, strengthen organizational effectiveness and advance Meyer’s long‑term mission and impact.

Successful candidates will demonstrate:

• Deep expertise managing complex multi‑asset class institutional portfolios.
• Strong strategic thinking, analytical rigor and sound judgment.
• Ability to communicate complex investment concepts clearly and effectively.
• Operational discipline and strong attention to governance and execution.
• Experience serving as a trusted advisor to senior executives, boards and governing bodies.
• Demonstrated success building alignment and leading through complex stakeholder environments without relying on formal authority.
• Capacity to integrate investment strategy, organizational priorities and mission objectives into coherent long‑term decision‑making.
• Humility, emotional intelligence and a collaborative leadership style.
• Commitment to transparency, accountability and continuous learning.
• Appreciation for the role of philanthropic capital in advancing long‑term community impact.

Desired Experience & Qualifications

The ideal candidate will bring many of the following qualifications:

• 15+ years of progressively responsible institutional investment experience.
• Experience managing complex multi‑asset class portfolios in foundations, endowments, pension funds, family offices or similar institutional settings.
• Expertise across public markets, private investments, hedge funds, fixed income and real assets.
• Strong understanding of asset allocation, portfolio construction, manager selection, liquidity management and risk oversight.
• Experience overseeing investment operations and institutional investment infrastructure.
• Demonstrated success working with stakeholders such as Investment Committees and Board members.
• Exceptional analytical, quantitative and investment evaluation skills.
• Fluency and comfort in leveraging technology platforms like Bloomberg, FactSet, Dynamo, Preqin, and others.
• Experience with alternative investments, private markets and external manager oversight.
• Excellent written, verbal and presentation communication skills.
• Strong relationship‑building and cross‑functional collaboration abilities.
• Strategic mindset paired with operational rigor and follow‑through.
• Ability to travel as needed.

Preferred Qualifications

• MBA, CFA or related advanced credential.
• Experience with impact investing, ESG integration or mission‑aligned investing.
• Experience working with consultants and/or extension‑of‑staff investment models.
• Experience within philanthropic or nonprofit institutions.

Work Environment and Physical Demands

• Sit, stand or walk for extended periods; alternate positions as the work requires.
• Use hands to finger, handle or feel; and reach with hands and arms in any direction.
• Frequently lift and/or move up to 10 lbs; occasionally lift and/or move up to 25 lbs.
• Visual requirements include close vision, distance vision, color vision, peripheral vision and depth perception.
• Most work is conducted in a standard office environment.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

This position description intends to describe the general nature of work performed and is not intended to be an exhaustive list of all responsibilities. Meyer Memorial Trust reserves the right to revise this description as needed.

Equal Opportunity Employer

Meyer Memorial Trust is an equal opportunity empl]]> <