Job Type
Full-time
Description
Job SummaryThis role provides fiduciary oversight of the Cleveland Foundation's treasury and investment program, ensuring the long-term growth, financial stewardship, sustainability, and mission alignment of the Foundation's investment pools. Reporting to the
SVP, Finance, Investments & Treasurer, this function supports treasury and investment operations, liquidity management, risk monitoring, and while serving as a key liaison to external advisors, financial partners, and stakeholders.
Key Responsibilities- Serve as a senior member of the treasury/investment team, providing strategic financial expertise and contributing to cross-functional collaboration and departmental effectiveness.
- Assist with investment and treasury operations, transactions, valuations, audits, fee reviews, operational due diligence, performance measurement, and process improvement, ensuring compliance with investment policies, governance standards, regulatory requirements, and fiduciary obligations through strong controls and documentation.
- Lead treasury and cash management, including collaborating with Foundation leadership on cash flow forecasting, cash positioning, and liquidity optimization; oversee banking relationships, cash operations, and related policies and controls to safeguard assets and ensure efficient use of capital.
- Support organizational fund and donor-advised fund investment programs. As well as other fiduciary investment pools, including external manager relationships, performance oversight, and stakeholder communication.
- Support execution of the Foundation's institutional investment strategy, asset allocation, portfolio construction, liquidity management, and risk management across public and private market portfolios and the Foundation endowment.
- Assist with evaluation, selection, monitor, and terminate investment managers, advisors, and strategies, maintaining disciplined investment processes aligned with long-term objectives and fiduciary responsibilities; serve as primary relationship manager for non-profit organizational funds partners, external advisors, managers, custodians, banking partners, and other financial service providers.
- Monitor portfolio performance, asset allocation, liquidity, and risk exposures across all investment pools and related entities, evaluating results against benchmarks, policy targets, and long-term goals.
- Develop and articulate investment perspectives, portfolio insights, and market observations; prepare and deliver investment, treasury, and financial reporting and recommendations for senior leadership, the Board and committees, donors, and other stakeholders.
- Support Investment Committee governance processes, including meeting planning, materials, presentations, advisor engagement, and follow-up actions.
- Integrate mission-aligned, place-based, and impact investment strategies into the Foundation's broader portfolio in alignment with organizational goals, donor intent, and investment objectives.
- Support development, and mentorship of treasury/investment staff, fostering a culture of accountability, transparency, humility, collaboration, continuous improvement, and high performance.
General Competencies- Judgment
- Communication
- Teamwork & Collaboration
- Adaptability
- Intellectual curiosity
- Fiduciary Stewardship
- Strategic Investment Leadership
- Relationship Management
- Execution mindset
Requirements
Required Qualifications- Education: Bachelor's degree in investments, finance, mathematics, or a related field with working knowledge of financial accounting, capital markets, and investments.
- Experience: 6-10 years of relevant work experience in investments.
- Technical Skills: Strong mastery in advanced PowerPoint, Excel modeling, Microsoft Office 365, and investment analysis tools including Bloomberg Terminal.
- Core Skills: Strong attention to detail, excellent analytical skills, exceptional time management, and the ability to work independently in a dynamic, fast-paced environment.
- Relationship Skills: Strong interpersonal skills with the ability to collaborate between and across teams and interact effectively with diverse internal and external stakeholders at all levels.
- Professional Orientation: Passion for investing, natural curiosity, and a desire to understand financial markets
Preferred Qualifications- Master's degree in a related field and/or CFA or CAIA certification, or active pursuit thereof.
- Experience supporting board-level investment reporting, investment committee governance, manager due diligence, or mission-aligned/place-based investment strategies.
Work Environment- Professional office-based environment with regular collaboration across Finance, executive leadership, committees, external advisors, investment managers, donors, and community partners.
- Role requires the ability to manage multiple priorities, respond to time-sensitive requests, and occasionally represent the Foundation in industry, investment, and philanthropic forums.
Salary Description
$135,000 - $155,000 Annually
