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Type of Role: Investments

Experience Level: Analyst/Associate

Location: Chicago, Illinois

Salary: $100K - $120K

At the Trust, we believe it is our privilege to work on behalf of the Chicago region and the people who call it home. Our guiding light is service to our community, our donors, and our nonprofit partners ‐ and we aim to be better and do better with every step we take.

Job Description

The Investment Analyst will work closely with the Senior Director of Investments and Chief Financial Officer on all facets of managing The Chicago Community Trust’s $4 billion investment portfolio. The Investment Analyst position includes both operational and investment analysis responsibilities with the goal of assuming increasing investment responsibility over time.

Position Responsibilities:

  • Operate as an integral member of the Finance team by supporting the Senior Director of Investments in setting the strategic direction of the Trust’s investment portfolios and overseeing the effective implementation of our investment objectives.
  • Serve as an internal resource to the accounting team on all investment matters.
  • Perform special projects as assigned by the Senior Director of Investments.

Investment Management and Analysis

  • Perform qualitative and quantitative analysis of existing and prospective investments; monitor performance, risk exposures, and news flow. Develop a system for monitoring areas of concern and interact with investment managers to understand performance trends; share insights with internal team.
  • Assist with investment manager sourcing, due diligence, and selection; determine top prospective investments for Trust portfolios.
  • Actively monitor the marketplace for major developments affecting investments held in the Trust’s portfolios; communicate any notable trends to Trust staff.
  • Analyze data generated from various databases and lead the preparation, editing and organization of materials for meetings. Prepare investment performance commentary for our donors and philanthropic services team.
  • Assist with due diligence for new financial advisory firm relationships and set investment strategy constraints to reflect an assessment of firm resources, where appropriate. Collaborate with donors’ financial advisors to develop custom investment strategies for donor-advised funds; direct the opening of new accounts in a streamlined, customer-service-oriented manner.
  • Assist with the evaluation of new impact investment opportunities for Trust portfolios and for donor-advised funds.

Data Management & Reporting

  • Support the Director of Investment Accounting on investment-related inquiries.
  • Ensure accurate accounting of all security holdings, performance, and exposure information from external investment managers.
  • Investigate any discrepancies uncovered during the reconciliation of investment assets; work with accounting team and external data provider to correct any issues and develop process workflows to proactively address for future periods.
  • Support investments-related work for the Trust’s annual audit and tax filings.

Investment Operations

  • Direct transactions related to Trust investment portfolios; supervise and review transaction activity. Prepare and submit required paperwork for subscription and redemption activity, as well as the completion of regulatory filings and audit requirements.
  • Lead the operational process to facilitate donor-recommended investments into new impact investment opportunities.
  • Generate, organize, and maintain electronic records to ensure institutional memory.

Other

  • Direct and supervise the work of the Trust’s investment intern(s).

Experience and Skills

Position Qualifications:

  • Bachelor’s degree in accounting, finance, economics, or business
  • Pursuit or progress towards CFA designation
  • 5 years of experience working in the investment management or financial services industry; prior experience with an endowment, foundation, or family office is preferred.
  • Strong investments acumen with the ability to apply knowledge to new facts and circumstances.
  • Excellent project management, organizing, and planning skills with proven ability to manage competing priorities and execute deliverables in a timely fashion.
  • Strong analytical and problem-solving skills with the ability to effectively resolve issues of a complex nature.
  • Strong interpersonal, presentation, verbal, and written communication skills with the ability to effectively interact with internal and external business partners.
  • Very strong knowledge of Microsoft Office Suite and other business-related software systems.

 

Equal Opportunity Employer

The Trust is committed to creating a diverse work environment and is proud to be an equal opportunity employer. The Trust does not discriminate on the basis of race, color, national origin, sex, gender identity, religion, sexual orientation, age, disability, parental status, veteran status, or any other protected status under applicable laws. We encourage individuals of all backgrounds to apply. If you are a qualified candidate with a disability, please e-mail us at careers@cct.org if you require a reasonable accommodation to complete this application.

 

Diversity, Equity, and Inclusion are fundamental to achieving our impact

The Chicago Community Trust’s vision is a Chicago region where equity, opportunity, and prosperity abound. We acknowledge the specific role discrimination and systemic barriers based on race, ethnicity, and other varied identities and differences have played in limiting opportunities for too many. A commitment to Diversity, Equity, and Inclusion is at the core of who we are, the decisions we make, and the actions we take in our work to strengthen the communities we serve and advance our strategic focus to close the racial and ethnic wealth gap. Click here to learn more about our strategic plan.

 

The History of The Chicago Community Trust

The Chicago Community Trust was founded in 1915 by Norman and Albert Harris, father and son duo of the Harris Trust and Savings Bank (now BMO Harris Bank). The Trust was the fourth community foundation ever created. There are now 750 community foundations in Canada and the U.S.

As our region’s community foundation, the Trust unites generous donors, committed nonprofits and caring residents to effect lasting change that moves our entire region forward. Our approach centers on tackling the region’s immediate needs and addressing the root causes of deep-seated issues to realize a more prosperous future for all who call metropolitan Chicago home.

For more than 100 years, donors have entrusted their philanthropic resources and visions to our stewardship. Guided by our deep knowledge of the community, we fund, lead, convene and collaborate to address the greatest and most critical needs facing the Chicago region. From the $22 million raised to help with unemployment relief in the Great Depression to spearheading an effort to help people keep their homes during the foreclosure crisis of the Great Recession to $35 million raised for the Chicago Community COVID-19 Response Fund, which supported nonprofits serving our most vulnerable neighbors, Chicagoans have put their trust in us.

In 2019, we announced we would focus our discretionary spending over the next decade on working to close Chicago’s growing racial and ethnic wealth gap. The Trust envisions a Chicago region that’s stronger and more prosperous because everyone—regardless of race, ethnicity, or zip code—has equitable access to the opportunities and resources they need to succeed and live a fulfilling life.

With assets of more than $4.5 billion, the Trust, in partnership with its donors, distributes more than $600 million in grants each year. The Trust Team seeks to match the passion and commitment of donors, grant recipients, residents, and community leaders that continue to work tirelessly to make the Chicago region one where all have the opportunity to realize their dreams.