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Type of Role: Investments

Experience Level: Analyst/Associate

Location: New York City, New York

Salary: $120K - $140K

The Mellon Foundation (“Foundation”) is a not-for-profit, grant making organization focused on the arts and humanities.  Through its grants, the Foundation seeks to build just communities enriched by meaning and empowered by critical thinking, where ideas and imagination can thrive.  The Foundation makes grants in four core program areas—Higher Learning, Public Knowledge, Arts and Culture, and Humanities in Place—and through its signature Presidential Initiatives.

Summary:

The Andrew W. Mellon Foundation is seeking an Investment Analyst who will be part of the sixteen-person Investment Team. The Investment Team is responsible for managing the Foundation’s endowment which comprises approximately $8 billion in assets across public and private investments.  The Investment Analyst will report to a Senior Portfolio Manager and will have exposure to a broad range of asset classes, including public and private equity, hedge funds, real assets, and fixed income.

Responsibilities:

Responsibilities may include, but will not be limited to, the following:

  • Investment manager sourcing, screening, research, analysis and ongoing due diligence, particularly in alternative asset classes such as hedge funds and private equity. This includes conducting rigorous quantitative/risk analysis, reviewing manager reports and letters, meeting with managers, attending annual meetings and preparing data-driven investment recommendations
  • Manager and portfolio-level reporting on performance, exposures, liquidity, and cash flows
  • Researching, preparing, and writing investment memos which explore market trends, analyze the Foundation’s portfolio, and formulate a view on the risks and opportunities related to specific investments
  • Traveling for onsite visits to managers and underlying investments for due diligence purposes
  • Networking with institutional peers and managers to stay informed about investment trends and discover compelling investment opportunities
  • Assisting with ad hoc special projects across the portfolio.

Qualifications:

The successful candidate will have the following qualifications:

  • A strong academic background with a Bachelor’s degree
  • Passion for investing, natural curiosity, and desire to understand the financial markets
  • Relevant work experience of one to two years
  • Financial modeling skills and general knowledge of portfolio theory, capital markets, private equity, and/or quantitative trading strategies a plus, but not required
  • Outstanding analytical and communication skills
  • Self-starter with the ability to take initiative and see projects to completion while collaborating across a team
  • Proficiency in Microsoft Office applications supported by sophisticated use of Excel
  • Commitment to the Foundation’s mission and high level of professionalism

The Mellon Foundation is committed to providing total compensation that is competitive and equitable for investment professionals within the philanthropic sector.  The estimated base salary range for this role is $120,000-$140,000.  The amount of pay offered will be determined by a number of factors, including but not limited to qualifications, unique skills, credentials, or experience that is expected to impact the candidate’s contribution to the role. We will also consider market data as well as the Foundation’s internal pay equity framework.  Mellon is an equal opportunity employer and offers a generous total reward package that provides base salary, variable pay, as well as a comprehensive benefits program, and an excellent working environment.