Investment Analyst

Closing Date: November 10, 2025 at 4:30pm HST

How To Apply

Download, complete and submit the fillable application form found on our website, along with a resume and cover letter to:

OFFICE OF HAWAIIAN AFFAIRS

560 N. Nimitz Highway, Suite 200

Honolulu, Hawai'i 96817

Attention: Human Resources

Or via email:

Office of Hawaiian Affairs (OHA) employees must be permanent Hawaii residents. Out-of-state applicants who are offered employment with OHA will need to relocate to Hawaii and establish permanent residency.

SALARY

$75,252 to $95,280 per year. Starting salary may be between the minimum and maximum salary range provided, based on qualifications.

GENERAL PURPOSE OF POSITION

The Investment Analyst is a key investment team member responsible for supporting the oversight and performance of the Native Hawaiian Trust Fund (NHTF), which serves as the Office of Hawaiian Affairs' endowment. This role provides analytical and operational support across asset classes, focusing on performance monitoring, investment research, due diligence, and reporting. The Analyst works closely with the Investment Director to ensure the NHTF investments align with OHA's long-term growth objectives, prudent risk management, and intergenerational financial sustainability.

ESSENTIAL FUNCTIONS & RESPONSIBILITIES

1. Portfolio Monitoring and Reporting

a. Produce monthly and quarterly performance reports, including benchmarking against policy targets and peer comparisons.

b. Monitor investment performance and exposures across asset classes; flag anomalies or trends for further review.

c. Support internal and board-level reporting, including preparation of Investment Committee materials.

1. Manager Due Diligence and Research

a. Assist with sourcing, evaluating, and monitoring external investment managers, with an emphasis on mission-aligned strategies and long-term performance.

b. Conduct background research, quantitative analysis, and qualitative assessments for new investment opportunities.

c. Participate in manager meetings and maintain detailed due diligence notes and documentation.

1. Asset Allocation and Portfolio Analysis

a. Support modeling of strategic and tactical asset allocation scenarios, liquidity forecasts, and cash flow projections.

b. Maintain dashboards to track portfolio structure, sector weights, commitment pacing, and unfunded exposures.

c. Assist in stress testing, scenario analysis, and portfolio risk assessments.

1. Investment Operations and Governance

a. Coordinate with the custodian, investment managers, consultants, and fund administrators to support operational accuracy and data integrity.

b. Review capital calls, distributions, fee statements, and investment reconciliations.

c. Contribute to the annual audit and support investment policy updates and compliance reviews.

1. Strategic Initiatives and Research

a. Conduct thematic research on market trends, manager landscape, and best practices in endowment and foundation investing.

b. Support special projects, including benchmarking, consultant RFPs, direct real estate analysis, and investment office infrastructure improvements.

1. Fully supports in action, language, behavior and performance the priorities, decisions, and directives of the Investment Director, the Chief Executive Officer, and OHA Leadership.

2. Regular attendance on a daily basis is required for this position.

OTHER DUTIES/RESPONSIBILITIES

1. Performs other duties as assigned by the Investment Director or CEO.

2. Occasional travel is required for this position.

MINIMUM QUALIFICATIONS

Education, Training and/or Experience

1. Graduation from an accredited college or university with a bachelor's degree in finance, accounting, economics, real estate, or a related field.

2. One (1) to three (3) years of relevant work experience in investment analysis, finance, or institutional asset management (endowment, foundation, pension, or similar environment preferred).

3. Experience with investment performance reporting, market research, or financial modeling preferred.

4. CFA designation or progress toward the CFA may substitute for work experience (one (1) year per exam level passed, up to two (2) years).

Knowledge, Skills and Abilities

1. Must have working knowledge of:

2. Investment performance reporting

3. Market research
4. Investment analysis
5. Hawaiian culture, values, and community issues

6. Hawaiian institutions, trusts, and formal and grassroots Hawaiian organizations

7. Must have demonstrated skills or ability to:

8. Willingness to learn across a wide range of investment strategies

9. Use Excel, PowerPoint, Client Relationship Management, and performance reporting systems (e.g., custodial portals, eVestment, or Solovis) software proficiently
10. Strong interpersonal skills and networking abilities
11. Thriving in a fast-paced environment and managing multiple projects simultaneously
12. Analytical and critical thinking; able to address complex challenges effectively

Equal Opportunity Employer

Job Type: Full-time

Pay: $75, $95,280.00 per year

Benefits:

• Dental insurance
• Employee assistance program
• Flexible schedule
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Work Location: In person