This position will operate in a hybrid work environment, 4 days per week in the office
(Philadelphia, PA). This position will require ability and willingness to travel, as needed, up to 50%.
OVERVIEW:The Endowment and Foundation (E&F) investment team is responsible for over $12 billion in assets: approximately $7 billion for the Pew Charitable Trusts and $5 billion in E&F OCIO portfolios. The investment team has decades of experience investing with fund managers across all asset classes, including public equities, fixed income, hedge funds, buyouts, venture capital, real estate and natural resources. In addition to fund investing, the team also co-invests directly in companies and purchases assets in the secondary market.
This role is an outstanding opportunity for you to gain experience investing across asset classes as part of a world class investment team. You will work with Investment Directors in all asset classes performing market research and manager due diligence. The role begins focused on long-only public equities with the opportunity to become a generalist over time, as you reach the Investment Director level, you will develop specialization(s) based on your interests and skills. This position will develop long-term relationships with fund managers, peer investors, and other market participants.
RESPONSIBILITIES:Investment Manager Due Diligence- Source and maintain a robust and creative pipeline of investment opportunities for potential inclusion in portfolios.
- Conduct due diligence on prospective opportunities, including analysis of investment strategy, process, organization, portfolio positions, and performance.
- Monitor and evaluate current portfolio positions, focused on organizational changes, performance, and risks of the invested fund managers.
Market Analysis- Complete analytical reviews of strategies and asset classes.
- Stay abreast of market conditions and developments that may affect investment holdings and strategies.
- Contribute to Glenmede's thought leadership through published research.
Firm Building.- Assisting in building the team's reputation for professional excellence and credibility throughout the investment management community.
- Build a strong relationship network among investment funds and peers in a subset of investment verticals.
- Portray Glenmede and our clients as a desired investor to top-tier investment managers.
- Demonstrate by example high levels of ethics, professionalism, and teamwork.
REQUIRED QUALFICATIONS:- Bachelor's degree required.
- 5-7 years of relevant experience in an endowment, foundation or pension, asset management firm, investment company, bank or equivalent.
PREFERRED QUALIFICATIONS:- MBA, CFA, or equivalent work experience.
- Strong quantitative and qualitative problem-solving and research abilities.
- Strong verbal and written communication skills, including comfort with public speaking.
- Ability to work both independently and within the team and across the organization in a collaborative manner.
- Ability to network externally.
- Proficiency in Excel and ability to learn new technology quickly.
Headquartered in Philadelphia, PA, Glenmede has 9 office locations in the US. For further information, please visit http://www.glenmede.com.
Our Benefits Overview:
-Competitive health and welfare benefits, including company HSA contributions
-Numerous voluntary benefit choices available
-Superior 401k match
-Tuition reimbursement
-Company subsidized commuter benefits
-Generous paid time off, including parental leave
-Plus more!
#LI-Hybrid
