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Type of Role: Investments

Experience Level: VP/Principal/Director

Location: Lynchburg, Virginia

Salary: $200K - $235K

Liberty University is a private evangelical Christian university in Lynchburg, Virginia. It is affiliated with the Southern Baptist Conservatives of Virginia (Southern Baptist Convention). Founded in 1971 by Jerry Falwell Sr. and Elmer L. Towns, Liberty is among the world’s largest Christian universities and the largest private non-profit universities in the United States by total student enrollment. Most of its enrollment is in online courses;[9] in 2020, the university enrolled about 15,000 in its residential program and 80,000 online. Details below.

Job Description Summary

Reporting to the Chief Investment Officer (“CIO”), the Director of Investment Services position provides expert analytical and technical support for the LU Investment Division in the areas of investment management due diligence and selection, investment reporting, performance measurement, special projects, and analyses. This position is assigned primary responsibility for one or more central portfolio investment management or asset classes.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

The Director of Investment Services will be expected to perform operational, financial and investment analysis to support investment team initiatives and to perform other tasks as assigned. These include but are not limited to the following:

1. Provide subject matter expertise to the CIO and investment team in administering the long-term investment policy, strategic objectives, portfolio guidelines, and manager selection required for

successful portfolio performance.

2. Perform various investment functions as the team member primarily responsible, with minimal supervision.

3.Serve as the primary contact or liaison with several external service providers, such as consultants and advisors, and take the lead in monitoring such providers’ reports, data interfaces, and information systems.

4. Regularly monitor a significant number of selected investment managers to assess performance, risk and return, and investment strategy.

5. Recommend the selection or termination of an investment manager for reasons articulated clearly in oral and written analyses.

6. Travel to perform due diligence manager reviews; take a lead role in coordinating meetings when so assigned.

7. Monitor compliance with Board-approved investment policies, strategies, and portfolio guidelines.

8. Assist the CIO and Director of Investments in working with investment consultants to coordinate asset allocation studies and integrate results into the long-term investment strategy.

9. Assist in the formal process of portfolio transition and prepare board-level progress or exception reports when required.

10. Work effectively with university counsel on legal issues.  

11. Interface effectively with Trustees and key university staff members, communicating such interactions with the CIO and/or CFO.

12. Monitor portfolios of marketable and non-marketable securities to assess and maintain current valuation in custodian statements.

13. Prepare materials for Investment Committee meetings with assigned primary responsibility for one or more sections or segments.

14. Work effectively with financial auditors, legislative and regulatory agencies, and others to fulfill information requests.

15. Review memos, reports, and correspondence for quality control.

SUPERVISORY RESPONSIBILITIES  

Investment Staff Assigned.

QUALIFICATIONS AND CREDENTIALS

  • CFA (Chartered Financial Analyst), CAA (Chartered Asset Allocator) and/ or MBA or equivalent graduate degree expected
  • At least 5 years as an investment analyst plus at least three years of experience working at a family office, endowment, or similar organization allocating capital to external investment managers.
  • Ability to leverage critical thinking, independent judgement and experience to constructively contribute to investment decisions across the portfolio
  • Clear investment philosophy, with the ability to remain intellectually open to new ideas and approaches
  • Ability to incorporate rigorous qualitative and quantitative analyses in the evaluation of investment strategies, investment processes, and investment performance
  • Strong communication skills and the ability to present perspectives and recommendations, both verbally and in writing, in a clear and logical manner
  • Independent thinking
  • Self-motivated and directed, possessing an ability to motivate others
  • The highest level of integrity, honesty, and sense of fiduciary duty
  • Ability to articulate and defend the unique Christian educational mission and vision of Liberty University and its subsidiaries to a wide variety of individuals and groups.
  • Individual must not be in default on any federal student or parent loan
  • Individual must not be convicted of, or pled nolo contendere or guilty to, a crime involving the acquisition, use, or expenditure of federal, state, or local government funds, -or- be administratively or judicially determined to have committed fraud or any other material violation of law involving federal, state, or local government funds (CFR 668.14(b)(18)(i))

ABILITIES AND COMPETENCIES ESSENTIAL TO THE FUNCTION OF THE JOB

Communication And Comprehension

  • Ability to effectively communicate both verbally and in writing to convey clear, well-articulated information.
  • Ability to communicate in a professional and Christ-like manner, resolving issues with an attitude of courtesy and respect.
  • Possess public communication skills that allow professional representation of Liberty University to a variety of business and community customers and associates.
  • Display self-motivation and multi-tasking skills.
  • Possess excellent listening and discerning skills.
  • Strong organizational skills.
  • Excellent computer skills.

Problem Solving

  • Intuitively able to reason, analyze information and events, and apply judgment in order to solve problems of both a routine and complex nature

Physical And Sensory Abilities

  • Frequently required to sit for extended periods of time to perform deskwork or type on a keyboard 
  • Regularly required to hear and speak in order to effectively communicate orally
  • Occasionally required to stand, walk, and climb stairs to move about the building
  • Occasionally required to handle materials, reach overhead, kneel or stoop in order to conduct business
  • Regularly lift 10 or fewer pounds

WORKING CONDITIONS

Work Environment

The working environment in which one will typically perform the essential functions of this position is a climate-controlled office setting.  It is well lighted and the noise level is moderate. 

 

Driving Requirements

Use of one’s personal vehicle is required for travel in the performance of the essential functions of this position.  Proof of a valid driver’s license, an acceptable DMV record, and liability insurance is required.

Location

Lynchburg – In Office

Target Hire Date

11/15/2023