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Type of Role: InvestmentsRiskOperations

Experience Level: VP/Principal/Director

Location: Grand Rapids, Michigan

Salary: $K - $K

Corewell Health is a nonprofit health care system in the U.S. state of Michigan. Created by the 2022 merger of Beaumont Health in Metro Detroit with West Michigan’s Spectrum Health. Corewell is the largest health system in Michigan, based on inpatient admissions and net patient revenue. The organization is headquartered in Grand Rapids and has over 60,000 employees. Details below.

Job Summary

Hybrid role that will be responsible for the day-to-day non-investment functions of Corewell Health’s investment portfolios, which include operating, defined benefit pension, and health insurance assets. Collaborate with the investment team to provide operational support in managing the portfolios, such as coordinating investment-related transactions, reconciling cash, and assisting with the audit process. Success in this role requires strong attention to detail, good organizational skills, the ability to meet tight deadlines, excellent communication skills, and the ability to work with key stakeholders, both internally (Treasury and Finance/Accounting) as well as externally (investment consultant, custody bank, auditors, and actuaries). This role will also be focused on standardizing and automating non-investment functions to make the team more efficient; therefore, experience implementing new systems and/or processes is a plus.

Essential Functions

  • Manage daily operational processes, including coordination of all investment-related transactions
  • Reconcile cash, investment transactions, and market values with custody bank system & performance reports
  • Ensure proper onboarding / documentation of new investment managers with the custody bank and investment consultant
  • Work closely with Finance/Accounting on the monthly close and year-end audit processes as it relates to investments
  • Manage relationships with external service providers, including custody banks, fund administrators, data providers, etc.
  • Improve & automate operational processes & procedures to ensure best practices and compliance with regulatory requirements

How Corewell Health cares for you

  • Comprehensive benefits package to meet your financial, health, and work/life balance goals. Learn more here.
  • On-demand pay program powered by Payactiv
  • Discounts directory with deals on the things that matter to you, like restaurants, phone plans, spas, and more!
  • Optional identity theft protection, home and auto insurance, pet insurance
  • Traditional and Roth retirement options with service contribution and match savings

Qualifications

Required

  • Bachelors in Business, Finance, Accounting, or a related field
  • At least 8 years of relevant experience in Finance, Accounting, or Audit

About Corewell Health

As a team member at Corewell Health, you will play an essential role in delivering personalized health care to our patients, members and our communities. We are committed to cultivating and investing in YOU. Our top-notch teams are comprised of collaborators, leaders and innovators that continue to build on one shared mission statement – to improve health, instill humanity and inspire hope. Join a nationally recognized health system with an ambitious vision of continued advancement and excellence.

Primary Location

SITE – Corewell Health Place Building B – 648 Monroe – Grand RapidsDepartment Name

Corporate Treasury InvestmentsEmployment Type

Full timeShift

Day (United States of America)Weekly Scheduled Hours

40Hours of Work

8:00 a.m. to 5:00 p.m.Days Worked

Monday to FridayWeekend Frequency

N/ACURRENT COREWELL HEALTH TEAM MEMBERS – Please apply through Find Jobs from your Workday team member account. This career site is for Non-Corewell Health team members only.

Corewell Health is committed to providing a safe environment for our team members, patients, visitors, and community. We require a drug-free workplace and require team members to comply with the MMR, Varicella, Tdap, and Influenza vaccine requirement if in an on-site or hybrid workplace category. We are committed to supporting prospective team members who require reasonable accommodations to participate in the job application process, to perform the essential functions of a job, or to enjoy equal benefits and privileges of employment due to a disability, pregnancy, or sincerely held religious belief.

Corewell Health grants equal employment opportunity to all qualified persons without regard to race, color, national origin, sex, disability, age, religion, genetic information, marital status, height, weight, gender, pregnancy, sexual orientation, gender identity or expression, veteran status, or any other legally protected category.

An interconnected, collaborative culture where all are encouraged to bring their whole selves to work, is vital to the health of our organization. As a health system, we advocate for equity as we care for our patients, our communities, and each other. From workshops that develop cultural intelligence, to our inclusion resource groups for people to find community and empowerment at work, we are dedicated to ongoing resources that advance our values of diversity, equity, and inclusion in all that we do. We invite those that share in our commitment to join our team.

 

You may request assistance in completing the application process by calling 616.486.7447.