POSITION TITLE: Associate, Outsourced CIO Team

SUPERVISOR: Managing Director, Outsourced CIO Team

ABOUT COMMONFUND

Commonfund is an investment management firm serving the institutional market with a particular focus on the nonprofit and public sectors, including endowments, foundations, health care organizations, and other mid-sized institutions. Commonfund was founded in 1971 with a two-part mission: to create investment solutions for nonprofits that previously did not have the scale and access to the best managers, and to create educational programs that would bring current best investment practices to institutional investors of all sizes and segments. Commonfund has changed and grown dramatically over the years, expanding both its investment solution offerings and the client segments served. Today, Commonfund manages close to $30 billion for over 1,600 institutions with a focus on three primary activities: Outsourced solutions; alternative investment strategies (hedge funds and private capital); and research and advice on a variety of investment and governance topics through the Commonfund Institute. Commonfund’s website, www.commonfund.org/AboutUs/ provides a more detailed overview, including its role and mission statement. Interested candidates should apply online at: https://www.commonfund.org/about/careers/

POSITION DESCRIPTION AND RESPONSIBILITIES:

Commonfund seeks to hire an Associate to support investment- and client-related requests for its Outsourced Chief Investment Office (OCIO) team, which provides total portfolio management for endowment and foundation clients. This is a highly visible and critical role to the success and growth of the organization. The Associate will play a hands-on role in managing client portfolios across asset allocation modeling, portfolio construction, rebalancing, reporting, and risk management — including month-end portfolio reviews and cash flow analysis — while responding to client inquiries in a timely and accurate manner. The role also carries a forward-looking dimension, as the Associate will be expected to evaluate and pilot new AI tools and help design AI-assisted research workflows to improve the speed and quality of client deliverables. The successful candidate will work cross-functionally with manager research, marketing, technology, and data teams to deliver high-quality, complete solutions for our clients.

This position can be based in our Norwalk, CT or our New York City Office with the requirement to be in CT on Tuesdays.

PRIMARY RESPONSIBILITIES:

Provide strong quantitative and analytical skills to support the Outsourced Chief Investment Officers (OCIOs)
Undertake portfolio evaluation and analysis of client accounts
Aid in designing and refining prompt workflows and AI-assisted research processes to improve speed and quality of client deliverables
Assist with client interface – respond to inquiries and analytic requests from clients in a timely and accurate manner
Responsible for month-end portfolio review, rebalancing client portfolios, and cash flow analysis
Assist in generating asset allocation recommendations for current and prospective institutions by using portfolio modeling applications
Create, maintain, and update presentation materials
Evaluate and pilot new AI tools relevant to investment research, client communication, and operational efficiency
Support with ad-hoc project requests from clients and senior staff
Assist with development of charts, materials, and written communications in collaboration with our Marketing and Investment groups
Collaborate with technology and data teams to build scalable AI solutions that enhance the OCIO advisory experience
Develop an in-depth knowledge of Commonfund’s investment strategies and programs

PREFERRED BACKGROUND:

Four-year college degree
2-4 years of experience in the investment or asset management industry
Strong analytical/problem solving skills, including use of spreadsheet/database software for quantitative analysis
A strong proficiency with Microsoft Office programs including Excel, Word, and PowerPoint
Demonstrated ability to complete assignments independently and on a timely basis
Proficiency with enterprise large language models and building practical workflows through the use of APIs
Ability to work as part of a team to accomplish broader goals and objectives
Strong verbal, written communication, and presentation skills
Ability to handle multiple responsibilities
Willingness to work after hours, when necessary, to accomplish work assignments
Prior knowledge of capital markets and asset management landscape is preferred

Learn more about this Employer on their Career Site