Founded in 1956 by the Pew family to manage their charitable assets, Glenmede is among the nation’s leading investment and wealth management firms. The company oversees $41.6 billion of assets under management (as of 9/30/2023), for high-net-worth individuals, families, family offices, endowment, foundation and institutional clients. Headquartered in Philadelphia, the firm has offices in Delaware, Florida, New Jersey, New York, Ohio, Pittsburgh and Washington, DC. The Endowment and Foundation (E&F) investment team is responsible for over $10 billion in assets: approximately $6 billion for the Pew Charitable Trusts and $4 billion in E&F OCIO portfolios. Private Investments, an integral team within E&F investments, manages approximately $2.5 billion in assets across our E&F and Private Wealth clients. The investment team has decades of experience investing with fund managers across all asset classes, including public equities, fixed income, hedge funds, buyouts, and venture capital. In addition to fund investing, the team also co-invests directly in companies and purchases assets in the secondary market.
The Performance Analyst will calculate and review performance measurement data that supports Glenmede’s three business lines. The Analyst will focus on responding to investment team inquiries, providing support, validating and correcting data where necessary, and delivering performance and analytical investment data for portfolio management and client consumption. This includes completion of business-critical recurring tasks of varying frequency, adhoc analysis, reporting and technical projects and enhancement support.
RESPONSIBILITIES:
Data Quality Ownership Relating to Daily and Monthly Performance Returns. Coordination and execution of the daily and monthly data validation process within the performance measurement system for Glenmede account performance. Resolution of issues relating to the delivery of accurate performance calculated and processed account data. Perform necessary investigation, analysis, and evaluation to determine accuracy of return metrics where applicable. Support the monthly composite process for Private Wealth, Institutional, and Endowments and Foundations businesses to ensure accuracy of returns for marketing to prospects.
Glenmede Internal Stakeholder Support. Serve as a primary point of contact for internal clients and constituents across Glenmede businesses such as the portfolio management, sales and marketing teams for performance measurement, attribution and contribution analysis, and portfolio analytics.
Participation in Maintaining GIPS® Compliance. Assist in the administration of GIPS® principles, which includes managing regulated policies and procedures; maintenance of, review, and updating of GIPS Presentations; and support in completion of the annual GIPS® verification process at Glenmede.
Ensure World Class Accuracy. Maintain high standards of quality control review and thoughtfulness in operating model design, ensuring procedures lead to best practices for full day to day accuracy. Assist in development and review of control processes for large scale business changes. Drive idea generation in the Performance Measurement and Portfolio Analytics operating model improvement process. Identify and correct data and process issues as they are found; engage with relevant internal teams in assessing improvement factors for their reporting and analytical needs or issues.
Project Support. Given the development of strong knowledge of investments, data management, client reporting, and other related factors, the Performance Measurement team is uniquely suited to contribute to firm-wide projects supporting all lines of business. In this role, the Performance Analyst will have an opportunity to lead and contribute to firm-wide projects at Glenmede that instill high value-add and impactful business contributions.
REQUIRED QUALIFICATIONS:
- Bachelor’s degree in Finance, Economics, Business, Computer Science or Mathematics.
- General investment and financial interest and knowledge including an understanding of equity and fixed income markets and indices that track those markets.
- Previous experience in an investments, financials services or other quantitative type role whether through a full-time position or an internship (0-3 years of experience).
PREFERRED QUALIFICATIONS:
- Working knowledge of Microsoft Excel, Python, Alteryx, R, or similar software packages.
- Ability to communicate complex quantitative concepts to stakeholders with varying degrees of understanding, flexibility in communication of quantitative topics.
- Ability to work independently and as part of a team, being proactive and self-motivated while prioritizing competing tasks successful day to day.
- Proven analytical, organizational and problem-solving skills.
- Proven ability to excel in a fast paced, dynamic environment while maintaining an alert attention to detail at all times.
- Excellent written and oral communication skills with proven ability to present, write, edit, and organize thoughts in a clear, concise, and well-organized manner.
Headquartered in Philadelphia, PA, Glenmede has 9 office locations in the US. For further information, please visit http://www.glenmede.com.
Our Benefits Overview:
-Competitive health and welfare benefits, including company HSA contributions
-Numerous voluntary benefit choices available
-Superior 401k match
-Tuition reimbursement
-Company subsidized commuter benefits
-Generous paid time off, including parental leave
-Plus more!
Glenmede is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: Glenmede is committed to the principle of equal employment opportunity for all employees and applicants and to providing employees with a work environment free of discrimination, retaliation, and harassment. All employment decisions, including hiring decisions, at Glenmede are based on business needs, job requirements and individual qualifications in full compliance with all local, state and federal laws prohibiting discrimination on the basis of any status protected by the laws or regulations in the locations where we operate. Glenmede will not tolerate discrimination or harassment based on any of these characteristics. https://www.glenmede.com/equal-opportunity-employer/
