Investment Officer

The Metropolitan Museum of Art

• $120K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree required, MBA, CFA, or equivalent preferred
  • 7-10 years of relevant work experience
  • Strong understanding of capital markets and portfolio theory
  • Superior written and verbal communication skills
  • Excellent quantitative capabilities and technological fluency
  • Intellectual curiosity with strong critical reasoning skills
  • Ability to work well individually and as part of a team

Responsibilities

  • Collaborate with senior investment professionals on investment opportunity evaluation across asset classes
  • Generate, review, and assess investment ideas and strategies
  • Engage with external investment managers to understand their strategies and foster relationships
  • Monitor existing investment managers to ensure performance aligns with objectives
  • Utilize qualitative and quantitative skills for assessing investment opportunities
  • Support portfolio management activities including asset allocation and risk management
  • Conduct special research projects as assigned

Benefits

  • Medical, dental, vision and life insurance
  • 403(b) retirement plan with employer match
  • Generous paid time off including holidays
  • Long-term disability coverage
  • Flexible Spending Accounts & Health Savings Account
  • Commuter benefits for transit or parking
  • Free financial-planning services
  • Financial assistance for coursework and training
  • 25% discount in Museum shops
  • Subsidized staff cafeteria
  • Access to free admissions at various cultural institutions
Full Job Description
GENERAL STATEMENT OF RESPONSIBILITIES & DUTIES:

The Museum is seeking an Investment Officer to join their 7-person Investments Office. The Investments Office is responsible for managing the Museum's endowment, which comprises approximately $5B in assets across public and private investments. As the Investment Officer, you will work directly with senior investment professionals in the oversight of the portfolio. While some team members lean more towards either private or public investment oversight, the team broadly considers themselves generalists and operate across asset classes. The culture of the team is one of collaboration, mutual respect, and shared success, and everyone has a high affinity for the mission of the Museum.

PRIMARY RESPONSIBILITIES & DUTIES:
  • Work directly with senior investment professionals to identify and evaluate investment opportunities across asset classes
  • Contribute to the generation, review and evaluation of investment ideas, trends, and strategies across all asset classes.
  • Meet with external investment managers to understand their investment strategies, portfolio and risk management approaches, research processes, track records, organizational structure, and alignment. Engage in an ongoing dialogue with these managers to engender strong relationships with them and benefit from their thinking.
  • Review and monitor existing investment managers to evaluate results, ensure objectives are being met, and develop updated views on their activities
  • Exercise both qualitative and quantitative skills in the assessment of investment opportunities
  • Assist with broader portfolio management initiatives, including asset allocation, risk management, and portfolio construction
  • Cultivate strong relationships across the investment community
  • Stay informed on regulatory and compliance changes within the investment field
  • Prepare written materials and present to the Museum's Trustee Investment Committee
  • Conduct special research projects as assigned


REQUIREMENTS & QUALIFICATIONS:
  • Outstanding academic credentials with an undergraduate degree required, MBA, CFA, or equivalent preferred
  • 7-10 years of relevant work experience
  • Strong understanding of capital markets and portfolio theory
  • Superior written and verbal communication skills
  • Excellent quantitative capabilities and technological fluency
  • Intellectual curiosity, strong critical reasoning skills, attention to detail, ability to juggle multiple tasks and respond to changing priorities, and meet deadlines
  • Ability to function well individually and as a member of a team

The advertised pay scale reflects the good faith minimum and maximum salary range for this role. The advertised pay scale is not a promise of a particular wage for any specific employee. The specific compensation offered to a candidate may be dependent on a variety of factors including, but not limited to, the candidate's experience, education, special licensing or qualifications, and other factors.

Visa Sponsorship

Visa sponsorship is not available for this position.

Location Requirements

At time of employment, employees are expected to be located within commuting distance of the Museum. "Commuting distance" means that they are located in one of following states: New York, New Jersey, Connecticut, or Pennsylvania (the "Tri-state and PA" areas), and be able to commute to and from the Museum in a single day.

Benefits Offerings

The Museum provides competitive compensation, and generous benefits and perks for all eligible employees. Note: Benefits Offering may differ based on Employee Status.
  • Medical, dental, vision and life insurance
  • 403(b) basic retirement plan and optional matching retirement plan with an outstanding employer match
  • Considerable paid time off, including annual leave, sick leave, and 13 Museum holidays
  • Long-term disability coverage
  • Flexible Spending Accounts & Health Savings Account (pre-tax income for eligible health care expenses)
  • Commuter benefits (pre-tax income for parking or mass transit expenses)
  • Free financial-planning services
  • Financial assistance for relevant coursework, seminars, and training programs
  • 25% discount for staff in Museum shops
  • A subsidized staff cafeteria
  • Access to the Museums Council pass, which grants free admission to various museums and cultural institutions


We recognize that it is highly unlikely that someone meets 100% of the desired attributes for a role. If much of this job description describes you, then please apply for this role.

Similar Jobs

More Jobs at The Metropolitan Museum of Art

More Finance & Insurance Jobs

Find similar Investment Officer jobs: