Chief Investment Manager
5 days ago
Job Title: Chief Investment Manager
Location: Sarasota County, FL
About the RoleThe Community Foundation of Sarasota County is a public charity founded in 1979 as a resource for caring individuals and the causes they support. We are seeking an experienced Chief Investment Manager to lead the analysis, reporting, operations, and communications related to our core investment portfolios.
As the public face of our investment team, you will be responsible for a portfolio of institutional and individually managed investment accounts and non-profit agency endowment funds. You will work closely with external third-party investment managers and the CFSC Investment Committee, reporting to the Chief Financial Officer.
Key Responsibilities- Provide daily oversight and administration of investment accounts, ensuring proper stewardship of our assets, including review of monthly investment reconciliations for all portfolios.
- Monitor investment performance, ensure compliance with our policy guidelines, and provide quarterly reporting to the Investment Committee.
- Attend quarterly or annual investment manager review meetings, provide feedback, and communicate relevant information to CFO and/or Investment Committee.
- Analyze investments, monitor capital markets, and explain how conditions impact portfolio returns.
- Stay current on market trends, innovative investment options, and best practices, evaluating, presenting, and recommending ideas to CFO and Foundation leadership.
- Coordinate activities related to new investment relationships and prepare/coordinate accounting and audit support related to investments.
- Source and perform due diligence on new managers, and review existing managers.
- Develop working relationships with professional advisors, trustee banks, and impact investing borrowers.
- Serve as the Finance department's liaison with the Philanthropy team, reviewing complex gifts and evaluating acceptability of non-cash gifts.
- Interact with donors and professional advisors regarding gift, investment, and financial matters.
- Set agendas for quarterly Investment Committee meetings and coordinate the committee's annual review and update of our investment policy statement.
- Develop a framework for monitoring, reporting, and tracking program-related investments.
- Report to the Investment Committee or Board of Directors on summary of impact when requested.
- Oversee a portfolio of non-profit agency endowments and prepare reports or presentations for agency fund review meetings.
- Facilitate investment technology and operational improvements to scale team capacity.
- Work collaboratively with CFO to implement finance and investment components of key strategic initiatives.
- Bachelor's degree in Finance, Accounting, or Investments required.
- Professional certification preferred (e.g., CFP, CFA, CPA).
- Minimum 10 years professional experience in investment management, with demonstrated ability to present investment portfolio risk/returns and capital market conditions/outlook.
- Experience in the investment or retirement fund/endowment sector, including asset allocation and manager selections.
- Strong commitment to excellence in strategic, organizational, fiscal, and budgetary management.
- Demonstrated ability to use financial analysis to generate, evaluate, and act on strategic opportunities.
- Knowledge of diversified investment vehicles and extensive knowledge of financial strategy, trends, reports, accounting processes, and systems.
- Excellent communication and relationship-building skills, with proven success with internal and external stakeholders.
- Proficient with Microsoft Office Suite, advanced skills in EXCEL, and PowerPoint, with strong overall technology affinity.
We offer a competitive salary of $120,000 per year, based on industry standards and the location. Additionally, we provide a comprehensive benefits package, including health insurance, retirement plan, and paid time off.
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