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Type of Role: Investments

Experience Level: Analyst/Associate

Location: Ft. Worth, Texas

Salary: $65K - $84K

When Mr. Rainwater passed away in 2015, he had given more than $380 million to organizations working for the benefit of higher education, vulnerable children, and research associated with degenerative neurological diseases. He left nearly all his estate for charitable purposes. Richard approached philanthropy in the same way he approached his work—with a joyful spirit. His generosity and vision live on through the Rainwater Charitable Foundation, which continues to support visionary and transformative solutions to improve lives. $1 billion AUM. Details below.

Position Summary:

The Rainwater Charitable Foundation is seeking an Investment Analyst for the Foundation’s investment team, which manages a ~$1B endowment to support the Foundation’s philanthropic missions. The investment team aims to generate excellent returns through investments in a broadly diversified group of best-in-class external managers. This position reports to the Foundation’s Director of Investments. It is based at the Foundation’s office in Fort Worth, Texas. Compensation is competitive and includes a full benefits package.

Key Responsibilities:

• Model and monitor the Foundation’s existing investment portfolio on a daily or weekly basis

• Analyze potential investment opportunities across a broad range of asset classes

• Interface directly with the Foundation’s custodian (Northern Trust) and verify performance calculations

• Archive and maintain investment research, legal contracts, research notes, and contacts in the Foundation’s research management system (Factset Code Red)

• Monitor and maintain Foundation’s liquidity model

• Maintain an up-to-date potential manager pipeline

• Assist in the preparation of quarterly investment performance presentations and reporting materials for the Investment Committee

• Provide operational assistance for Foundation’s finance team as needed (for example: cash/collateral management, annual audit assistance, regulatory filings such as the SEC 13F)

• Other duties as needed or required

Core Qualifications:

• Bachelor’s degree with strong GPA (3.7+) required

• CFA (Chartered Financial Analyst) / CAA (Chartered Asset Allocator) charter-holder / current pursuit of CFA or CAA charter preferred

• Strong interest in investment management and desire to learn

• Some (1-2 years) finance/accounting/investing experience strongly preferred, though may consider recent graduates with exceptional academic credentials and internship experience

• Ability to travel

• Detail-oriented, focused, and organized

• Ability to effectively prioritize, multi-task and manage time

• A positive attitude and high level of flexibility

• High level of professionalism and discretion

• Demonstrated skill in Microsoft Office, including advanced knowledge of Microsoft Excel

• Interest in philanthropy and the Foundation’s mission and operations

• Adherence to a strict code of ethics and conflict of interest policy, including restricting personal investments to index funds and mutual funds

• Employment eligibility in the United States

To apply, please send a resume (with undergrad GPA) and cover letter to hr@rainwatercf.org, with the subject

line “RCF Investment Analyst Application – [insert full name].”