Chief Investment Officer Leader
5 days ago
The Allocator Jobs is a renowned organization dedicated to fostering creative individuals, effective institutions, and influential networks that drive positive change worldwide.
As a prominent member of our team, you will have the opportunity to shape the future of investing and make a meaningful impact on society. We are seeking an exceptional leader to fill the role of Chief Investment Officer.
About Us:
We are a mission-driven organization committed to driving progress on pressing social challenges. Our investment portfolio has grown to $8.7 billion, making us one of the leading organizations in this field.
Job OverviewThis position offers a rare opportunity to join our dynamic team and lead our investment strategy. As Chief Investment Officer, you will be responsible for overseeing the management of our extensive investment portfolio and developing strategies to ensure its continued growth and success.
- Direct the oversight of investment and management of the Foundation's assets
- Formulate and recommend to the investment committee an overall investment strategy and long-term investment portfolio for the investment, management and allocation of the Foundation's assets.
- Evaluate and screen potential external investment managers and recommend qualified managers for retention and approval
- Oversee internal controls and conduct regular risk assessments of investment activities, implementing changes as necessary to mitigate risks
- Conduct ad-hoc analyses as requested by the President, Investment Committee, or other stakeholders
- Stay informed on investment trends, regulatory developments, and potential risks to proactively address emerging issues
- Lead and develop the investment team, ensuring alignment with department objectives and fostering a high-performance and mission-aligned culture
- Direct the maintenance of the Foundation's financial records and principal financial accounts, ensuring accuracy and compliance with applicable standards
We seek a seasoned professional with a proven track record of producing strong, risk-adjusted returns and managing large portfolios. The ideal candidate will possess excellent leadership skills, outstanding communication abilities, and a deep understanding of modern portfolio theory.
Required Qualifications:
- 15 years' experience in investing and other related fields including at least 10 years of deep leadership, supervisory, and management experience
- Demonstrated track record of producing strong, risk-adjusted returns and managing large portfolios with the ability to align the endowment with the MacArthur Foundation mission
- Unquestioned ethics and integrity; this person will be well respected within the investment community, not only for his/her technical skills, but also for his/her credibility and high standards of professional conduct
- Proven leadership skills with an ability to inspire staff while dealing with multiple constituencies; must be committed to a collaborative process, while exhibiting determination to drive an agenda needed to attain high performance. Must believe in and practice accountability, candor, creativity, participative decision-making, and employee empowerment
- Exceptional interpersonal, written and verbal communication skills; with the confidence and maturity to articulate complex investment issues to an audience with varying levels of investment expertise
- Excellent diplomatic, meeting facilitation, negotiation, and conflict resolution skills
- A technical understanding of derivatives and overlay strategies, including their role in managing risk, enhancing portfolio returns, and optimizing asset allocation
- Master's degree, CFA or other advanced degrees in a relevant field strongly preferred
Salary: $750,000 plus incentive bonus eligibility. The position is hybrid and based in Chicago, Illinois.
Benefits and Work Environment
We offer a competitive compensation package and a dynamic work environment that fosters collaboration, creativity, and innovation. If you are a motivated and experienced professional looking to take your career to the next level, we encourage you to apply for this exciting opportunity.
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