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Type of Role: Investments

Experience Level: Analyst/Associate

Location: Houston, Texas

Salary: $105K - $120K

Rice University’s endowment, valued at approximately $8 billion, is ranked in the top 20 endowments of private research universities (by market value) in the US. The endowment is critical to the university’s ability to achieve its goals, the annual distribution funds nearly half of the university’s annual operating budget. The Rice Management Company (RMC) is responsible for asset allocation, the selection and termination of investment managers, performance monitoring, and reporting to the Rice Management Company Board of Directors. The goal of the RMC is to provide a stable source of funding for current university operations and to preserve & grow the purchasing power of the endowment to benefit future generations of students. The endowment primarily utilizes outside investment managers and invests globally across all asset classes. Details below.

The investment associate position is a full-time, pre-MBA role. This role will be actively involved in all aspects of investment & manager research for the Rice endowment. Reporting to the investment manager, associates routinely interact with senior and executive leadership. This generalist role involves broad exposure across asset classes, including public equities, private equity, venture capital, hedge funds, and real assets.

The ideal candidate has 2-4 years of related experience, as well as a self-driven work ethic, deep attention to detail, quantitative and analytical skills, outstanding communication abilities, and a strong interest in both investing & supporting the work of a university endowment. 

This is a full-time, on-site, benefits-eligible position. This is a two-year term appointment with the possibility of an additional third-year extension, contingent on business need and individual performance.

Minimum Requirements: 

  • Bachelor’s Degree 
  • 2 years of related experience as an analyst at a consulting firm, investment bank, or investment firm
  • Skills
    • Proficiency in MS Excel, Word, and PowerPoint
    • Fundamental understanding of investment principles and financial metrics
    • Strong technical/quantitative skills with demonstrated ability to execute complex financial analysis
    • Excellent written and verbal communication skills; the ability to communicate effectively with senior management and investment professionals
    • Ability to work independently with minimal supervision, and on a collaborative basis as part of a team
    • Accuracy, attention to detail, ability to multi-task, and organizational skills
    • Self-motivated with a passion for learning about investments & supporting the work of a university endowment

Essential Functions:

  • Assists in the monitoring of existing managers of the public and private investments portfolios
  • Gathers data and prepares reports for the routine review of asset class level performance & exposures
  • Provides support to senior investment team members and assists in the screening and due diligence process for new managers
  • Assists with the development of and maintenance of asset class models and databases
  • Participates in investment research projects from asset allocation to security level review
  • Assists in the preparation of materials for quarterly board meetings
  • Provides applicable administrative support to the investment team which includes scanning, filing, meeting preparation, copying documents, creating PowerPoint presentations, and other tasks
  • Performs all other duties as assigned

Rice University HR | Benefits: https://knowledgecafe.rice.edu/benefits

Rice Mission and Values: Mission and Values | Rice University

Rice University is an Equal Opportunity Employer with a commitment to diversity at all levels and considers for employment qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national or ethnic origin, genetic information, disability, or protected veteran status.

ABOUT US
Boasting a 300-acre tree-lined campus in Houston, Rice University is ranked among the nation’s top 20 universities by U.S. News & World Report. Rice has a 6-to-1 undergraduate student-to-faculty ratio, and a residential college system, which supports students intellectually, emotionally and culturally through social events, intramural sports, student plays, lectures series, courses and student government. Developing close-knit, diverse college communities is a strong campus tradition, which is why Rice is highly ranked for best quality of life and best value among private universities.