Investment Operations Analyst

About Us

As a not-for-profit organization, Mass General Brigham (MGB) is committed to supporting patient care, research, teaching, and service to the community by leading innovation across our system. Founded by Brigham and Women's Hospital and Massachusetts General Hospital, MGB supports a complete continuum of care including community and specialty hospitals, a managed care organization, a physician network, community health centers, home care, and other health-related entities. Several of our hospitals are teaching affiliates of Harvard Medical School, and our system is a national leader in biomedical research.

The Opportunity

Mass General Brigham's Investment Office manages more than $20 billion for MGB, invested primarily via partnerships with third-party investment management firms. Strategies in the portfolio include private equity, venture capital, long-only equities, long/short equities, and real assets investments. Our goal is to generate excellent long-term risk-adjusted returns to support MGB's mission to improve the lives and health outcomes of patients globally.

The Investment Office offers a collaborative, team-oriented environment. We strive to be nimble in our pursuit of exceptional investment opportunities, as well as our support of world-class investment partners. This is a hybrid position based in Boston/Somerville, MA.

The Investment Office seeks a highly motivated professional to provide analytical, operations, and technology support. The analyst will be a key part of the investment operations team that supports externally managed investment portfolios and is responsible for a blend of investment operations and technology initiatives. The successful candidate will have a demonstrated record of academic achievement, success working in a team environment to achieve common goals, and familiarity with the workings of an investment office of an institution.

RESPONSIBILITIES

• Support and drive process improvements in areas of performance reporting, portfolio accounting, and interactions with custodian.

• Work with investment team to improve utilization and utility of report output.

• Private Equity Operations: Process capital calls and distributions of private equity funds, interact with investment custodian regarding activity, cash movements, and valuations. Track activity valuations and returns in third party software, Private i.

• Annual Audit Support: Assist auditors, both internal and external, during periodic reviews of processes and investment pool balances and/or data.

• Performance Reporting: Validation of, and reporting on, the monthly and periodic returns for the investment managers, asset classes, pools, groups, and benchmarks related to Partners' investments.

• Affiliate Reporting: Validation of, and reporting on, the valuation of Mass General Brigham investments, with respect to the ownership of the investments by Mass General Brigham affiliates.

• Net Market Exposure Reporting: Portfolio exposure reporting, including market capitalization, industry sector, geography, etc. Administration of data warehouse, including preparation/upload of monthly data files, setup of new portfolios and members, continuous learning to make best use of warehouse, etc.

• Liquidity and Rebalancing: Timely and accurate execution of inter-pool fund transfers. Provide pro forma cash allocation reporting based on expected funding.

Qualifications

• Bachelors degree required; Master's Degree in a related field a plus.

• 3 years of endowment/foundation investment office experience, in areas of performance reporting, cash management, and operations preferred.

• Demonstrated experience managing projects and workflows across teams.

• Strong Excel skills required, including report creation, charting, pivot tables, and macros.

• Strong data handling skills required; SQL, Access, etc. a plus.

• Financial skills; educational and/or professional experience dealing with financial issues with an investment context, such as valuations, rates of return, and investment vehicles.

• Willingness and aptitude to learn a range of technologies: Advent Tamale, Burgiss Private I, Caissa, eVestment, various analytics and risk management tools.

Skills/Abilities/Competencies:

• Strong quantitative skills.

• Proven oral and written communication skills.

• Interpersonal skills to successfully interact with other groups within and outside PHS.

• Excellent organizational skills.

• Ability to handle multiple tasks with accuracy and attention to detail.

• Unquestionable ethical standards.

• Teamwork orientation.