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Type of Role: InvestmentsOperations

Experience Level: Analyst/Associate

Location: San Francisco, California

Salary: $125K - $125K

Gordon and Betty Moore established the foundation to create positive outcomes for future generations. Guided by this vision and the Statement of Founders’ Intent, the foundation fosters path-breaking environmental conservation, scientific discovery, patient care improvements and preservation of the special character of the San Francisco Bay Area. We strive to make significant and durable impacts on the world.

The Position

Our Investment Associate Program provides the opportunity for early career individuals to expand their knowledge of institutional investment management and further develop skills in investment analysis and research. After completing the program, associates typically pursue an MBA or seek the next steps in their investment career. Many associates will also pursue a CFA during their associate program.

This position is a two-year role supporting the Director of Portfolio Strategy and Operations and provides excellent exposure to a wide range of investment strategies, as well as investments across asset classes including long-only equity, fixed income, hedge funds, private equity, venture capital, and real assets. The associate will support the director in developing and managing the tools and systems to analyze the endowment’s asset allocation, cash flow forecasting, and liquidity projections. This individual will also support the director in developing and managing the tools for various types of investment analysis, including performance analysis, risk measurement, and exposure analysis. Operational responsibilities will include working with the investment team’s performance and exposure software provider, MSCI-Caissa, to ensure accuracy, and working with the foundation’s finance team to produce performance reconciliations and materials for the foundation’s audited financial statements and tax documents.

The position is based at the foundation’s investment office in San Francisco, California. The foundation has a hybrid working arrangements policy, and this position is required to work onsite in San Francisco a minimum of two days each week and in our Palo Alto, California office a few times each year. Your role, team, or other foundation business needs may require you to work in the office more frequently. Your manager, the Director of Portfolio Strategy and Operations, works remotely from the east coast and typically comes to the investment office periodically.

Key Responsibilities

  • Work with Director to develop and manage the systems and analyses to monitor asset allocation, cash flows, and liquidity projections for the investment portfolio.
  • Work with Director to develop and manage the systems and analyses to monitor the investment portfolio’s investment performance and various underlying exposures.
  • Work with Director and other associates to ensure the accuracy of the investment team’s performance and exposures tool, MSCI-Caissa, through reconciliations and frequent reviews of capital account values, cash flows, liquidity statistics, and exposures.
  • Lead the production of quarterly portfolio reviews of the investment portfolio including exposures, performance contribution, and cash flows. Present findings to the investment team.
  • Work with the Director to produce quarterly materials (e.g., letters, presentations, analyses) related to the investment portfolio’s performance and operations for the foundation’s investment management committee and board of trustees.
  • Complete surveys about the foundation’s performance and exposures for third-party service providers.
  • Work with Director to liaise with the foundation’s finance team to ensure the accuracy of transaction execution, performance reporting, and operating budgets; perform performance reconciliations and prepare backup materials for the preparation of the foundation’s audited financial statements and tax documents.
  • Work with Director to perform ad hoc investment research projects and various analyses pertaining to total portfolio management.
  • Work the Director to research and analyze portfolio hedges and/or tactical trades that may be considered by the investment team.
Experience and Qualifications
The ideal candidate will have:
  • Bachelor’s degree with a minimum of two years of work experience in investment banking, management consulting, investment management, finance, or other relevant field.
  • Must be able to multi-task various projects simultaneously and produce work with a strong attention to detail.
  • Exceptional organizational skills and proficiency in prioritizing assignments, handling multiple complex assignments, and setting and meeting deadlines with an orientation towards results and resolution.
  • Well-developed quantitative and analytical skills with strong grounding in investment concepts (e.g., capital markets, statistical analyses).
  • Advanced Excel modeling skills and familiarity with PowerPoint, Bloomberg, and other analytical tools and concepts.
  • Self-starter with the ability to work independently, ask questions, and use judgment. Ability to communicate concepts and distill information in an efficient, user-friendly manner is especially important.
  • Exceptional interpersonal and presentation skills.
  • Willingness to support and promote the foundation and colleagues through a commitment to enhancing the foundation’s considerations of Diversity, Equity and Inclusion.
  • Two-year commitment required.
Attributes
The ideal candidate will demonstrate the following attributes that describe how we at the foundation strive to do our work with each other and our partners.
  • Committed to Excellence – We bring our best to all we do.
  • Passionate – Inspired by the vision of our founders, we are passionate about our work.
  • Collegial – We are part of a team striving toward common goals.
  • Open and Honest – We act with integrity, putting the good of the foundation first.
  • Humble and Self-Aware – Emulating our founders, we bring a sense of humility to our work.
Compensation and Benefits
The Moore Foundation offers a generous total compensation package that includes a competitive base salary, an incentive compensation program and comprehensive benefits to support your life, health and well-being. The package for this role includes a base salary of $125,000 and participation in an annual incentive program. This position is exempt and full-time with a two-year term.

Our health benefits include employer-paid options for medical, dental, and vision insurance for employees and dependents; a mental wellness program; paid parental leave; employer-paid disability and life insurance benefits; and pre-tax flexible spending accounts for medical and dependent care expenses.

Other benefits include 6 weeks of paid time off per year and 10 paid holidays; a 401(k) retirement savings plan with a foundation contribution of up to 10% and a Roth 401(k) option; a matching gifts program for qualifying charitable contributions; hybrid work arrangements and a home office stipend; and a commuter benefits program.

To support you in achieving your career goals, the foundation offers a professional development program to all benefits-eligible employees that includes an annual financial benefit of $5,000 and paid time off to participate in educational programs.

Application Process
The Moore Foundation is an equal opportunity employer and welcomes a diverse pool of applicants. We depend on individuals who possess varied skills, perspectives and expertise. We seek to recognize many forms of excellence in candidates, attract individuals with varied identities and backgrounds and enable all employees to feel they belong and can contribute to the mission of the Moore Foundation.
We do not discriminate based on race, color, religion, creed, sex, gender (including pregnancy, childbirth or related medical conditions), national origin, ancestry, citizenship, age, physical disability, mental disability, medical condition, genetic information, military or veteran status, marital status, registered domestic partner status, sexual orientation, gender identity, gender expression or on any other basis protected by applicable federal, state or local law. We also do not discriminate based on the perception that anyone has any of these characteristics or is associated with a person who has or is perceived as having any of these characteristics.
The foundation is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its programs and operations. As part of this commitment, the foundation will ensure that persons with disabilities are provided reasonable accommodations.
If a reasonable accommodation is needed to participate in the job application process, please contact accommodationrequest@moore.org.  A request for accommodation will be responded to within three business days. However, non-disability related requests, such as following up on an application, will not receive a response.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the ordinance.
Applicants must be legally authorized to work in the United States.
COVID-19
The Moore Foundation requires that all employees be up-to-date on their COVID-19 vaccinations as defined by the CDC, subject to reasonable accommodations for medical or religious reasons. Any employment offer will be contingent upon satisfactory proof that you comply with this requirement.