Investment Analyst

Duties and Responsibilities

Essential Functions:

• Manages the company investment portfolio to support the Outsourced Chief Investment Officer (OCIO) by maintaining compliance with the investment management policy and aligning strategies and key performance metrics with senior management.
• Provides good stewardship and oversight to maintain system controls and practices that are standard to industry guidelines and investment policy.
• Monitors market conditions and recommend changes to investment strategies to minimize risk and maximize returns.
• Monitors the investment portfolios to ensure they align with the investment policy allocation guidelines and reports variances or observed trends to senior management and OCIO.
• Collaborate with other investment professionals, including OCIO, portfolio managers and analysts, to discuss strategies and market insights and align recommendations.
• Develops and maintains strong relationships with financial institutions, including banks and investment firms.
• Reconciles and tracks capital calls paid by OCIO, outstanding commitments, and retains documentation for audit purposes and year end audit footnote preparation.
• Provides secondary approval of web cash transfers to/from custody cash liquidity account for payment of custody fees, OCIO fees, professional services, and other consultant invoices not managed and processed for payment by the OCIO.
• Coordinates with OCIO when cash liquidity needs raised to fund extraordinary invoices that need paid through web cash movement.
• Provides detailed valuation reports on stocks, bonds, and other investment assets and develops performance reports that compare to benchmark and historical returns.
• Prepares investment reports, presentations, and presents recommendations to senior management and/or the Finance and Investment Committee.
• Coordinates with the WellSpan Innovation team to track and help manage joint ventures and partnerships issuing Series A, B, C stock purchase agreements and capital call structure.
• Instructs web cash and trade orders in Northern Trust as requested and needed for cash liquidity, rebalancing, or invoice payment purposes if the OCIO cannot perform these tasks and requested and approved by the SVP-Treasury and Finance, or the CFO.
• Maintains documentation for new account offerings, account closures, rebalancing, performance reports, investment manager presentations, and tax documents to ensure proper record retention for audit and tax purposes.
• Coordinates with the OCIO and manages the timely execution of investment manager onboarding documents including subscriptions, redemptions, authorized signers, and KYC to complete with signatures from the SVP-Treasury and Finance and/or CFO. Retains all completed records for audit purposes.
• Manages and tracks investment fee and professional service invoices to request issuance of purchase orders and payments issued through accounts payable or through a bank ACH or wire.
• Provides support and prepares footnotes for the fiscal year end audit and other non-routine audits.

Common Expectations:

• Maintains licenses and annual education requirements to stay updated on economic trends, indicators, and relevant news that affect the investment landscape and regulatory developments to anticipate investment risks and opportunities.
• Assists in the preparation of annual budgets, year-to-date actual vs. budget reconciliation, and other financial reports as required.
• Perform ad-hoc analysis and projects as needed.