Director of Investments
2 weeks ago
Get the world-class education and Christian foundation you're looking for at Liberty University. Since 1971, Liberty has had a singular vision of developing Christ-centered men and women with the values, knowledge, and skills essential for impacting the world for Christ.
Located in Central Virginia, Liberty is a liberal arts institution with 15 colleges and schools and offers programs in fields such as education, counseling, religion, law, aviation, cinematic arts, business, and more. Liberty graduates are sought after by prestigious companies for their integrity, personal discipline, and versatility.
Purpose of the Position
Reporting to the Chief Investment Officer ("CIO"), the Director of Investments position will work collaboratively with two other senior investment members in building out Liberty's in-house investment capabilities for its $2+ billion endowment assets. This position is expected to play a key role in supporting Liberty's new public capital program and be involved in all aspects of endowment management including asset allocation implementation, active manager due diligence and selection, portfolio reporting for various stakeholders, and special projects.
Key Responsibilities
Conduct industry and sector research to help the investment team form investment thesis
Work closely with Sr. Director in sourcing and screening for public capital strategies, including developing market/strategy mapping, tracking manager fund-raise cycle, and developing/updating forward calendar
Support Sr. Director in managing due diligence process including preparing for manager calls and onsite visit, conducting reference calls, evaluating managers based on investment strategy, process, organization, portfolio positions, competitive landscape, legal terms, and track record
Draft investment diligence report and I.C. memo to support the selection or termination of an investment manager
Work effectively with university counsel on legal issues
Support the monitoring process for existing private investments
Develop and refresh industry networks and peer relationships by attending industry conferences and networking events representing LU
Provide subject matter expertise to the CIO and investment team in administering the long-term investment policy, strategic objectives, portfolio guidelines, and manager selection
Contribute to ad-hoc projects related to improving investment process, portfolio monitoring and operations
Assist in the formal process of portfolio transition and prepare board-level progress or exception reports when required
Interface effectively with Trustees and key university staff members
Work effectively with financial auditors, legislative and regulatory agencies, and others to fulfill information requests
Work closely with the CIO/CFO to review, evaluate, recommend and modify strategic asset allocations
The Candidate
Experience and Professional Qualifications
CFA and/or MBA or equivalent graduate degree expected
At least 7 years of relevant experience with strong background in private equity
Strong communication skills and the ability to present perspectives and recommendations clearly
The highest level of integrity, honesty, and sense of fiduciary duty
ABILITIES AND COMPETENCIES ESSENTIAL TO THE FUNCTION OF THE JOB
Effective communication both verbally and in writing
Strong organizational skills
This job description is designed to provide an employee with a basic understanding of the essential functions, duties, and responsibilities entailed in the performance of his or her job with Liberty University (LU). It is not intended to be all-inclusive. This description does not constitute an employment contract, either expressed or implied.
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