Join the Cleveland Clinic team where you will work alongside dedicated caregivers, receive endless support and appreciation, and build a rewarding career with one of the most respected healthcare organizations in the world.
As an Investment Operations Analyst I, you will support the Cleveland Clinic Investment Office through portfolio risk and performance reporting, investment analytics and data governance, and investment operations and due diligence. Approximately 60% of your time will be focused on preparing stakeholder reporting and presentation materials for staff and board meetings, partnering with BNY to monitor portfolio performance, developing reports with key insights for leadership, assisting with internal controls and audits, and managing S&P reporting.
Our preference is that candidates reside in the greater Northeast OH area!
This position is based out of our Beachwood, OH campus and works a hybrid schedule from 8:00 a.m. -- 5:00 p.m., with three days in the office and two days remote each week.
A caregiver who excels in this role will:
Generate portfolio risk metrics and performance reports using variety of tools including but not limited to Aladdin, Albourne, bank custodian system, Bloomberg and eVestment. Interact and resolve issues with strategic vendors including custody bank, ODD consultant and risk vendors.
Reconcile and ensure efficient data flows between various investment management information systems including but not limited to Aladdin, custodian systems, Dynamo, Private I, eVestment, and Bloomberg.
Execute investment transactions
Assist senior team members with performing Operational Due Diligence on asset managers
Perform daily cash reconciliations and update cash flow projections, execute collateral movements, and process controls surrounding capital calls/distributions
Interact with Tax, Legal, Accounting and Treasury colleagues to ensure all issues are addressed efficiently.
Implement asset manager on-boarding process to ensure new investments are accurately included in all internal systems.
Involved in day-to-day operational activities including capital calls, cash and stock distributions, regulatory/compliance documentation requests, account openings/closures, subscription and redemption documents, and liquidity modeling.
Monitor incoming email communications from investment managers and respond to requests, or inform/engage investment team members responsible for the relationship
Implements data visualization using Tableau dashboards that are a) supportable, b) accurate and c) useful/relevant.
Other duties as assigned.
Minimum qualifications for the ideal future caregiver include:
Bachelor’s degree in quantitative subjects such as Finance, Statistics, Engineering, Mathematics, Physics, Data Analytics, Computer Science, Quantitative Economics, etc.
Two years of highly analytical and quantitative experience in custodian bank, asset management firm, investment consultant, investment office, and financial institution or healthcare finance experience.
OR three years of public accounting experience auditing financial institutions
Proficient with managing large amounts of data
Preferred qualifications for the ideal future caregiver include:
Master’s degree
Pursuit of Chartered Financial Analyst (CFA)/Chartered Alternative Investment Analyst (CAIA)/Financial Risk Manager (FRM) designation
(AI and Tableau dashboard skillset)
Accounting and Finance skills
Investments experience
Physical Requirements:
Ability to communicate and exchange accurate information.
Ability to perform work in a stationary position for extended periods.
Ability to work with physical records or operate a computer or other office equipment.
In some locations, ability to travel throughout the hospital system.
In some locations ability to move up to 25 lbs.
Personal Protective Equipment:
Follows standard precautions using personal protective equipment as required.
The policy of Cleveland Clinic Health System and its system hospitals (Cleveland Clinic Health System) is to provide equal opportunity to all of our caregivers and applicants for employment in our drug free environment. All offers of employment are followed by testing for controlled substances.
Cleveland Clinic Health System administers an influenza prevention program. You will be required to comply with this program, which will include obtaining an influenza vaccination on an annual basis or obtaining an approved exemption.
Decisions concerning employment, transfers and promotions are made upon the basis of the best qualified candidate without regard to color, race, religion, national origin, age, sex, sexual orientation, marital status, ancestry, status as a disabled or Vietnam era veteran or any other characteristic protected by law. Information provided on this application may be shared with any Cleveland Clinic Health System facility.
If applying for a Florida position, please see the following website for more information on the background screening requirements required by the Agency of Health Care Administration: https://info.flclearinghouse.com/
Please review the Equal Employment Opportunity poster.
Cleveland Clinic is pleased to be an equal employment opportunity employer.
ccf