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Type of Role: InvestmentsOperations

Experience Level: Analyst/Associate

Location: Oakland, California

Salary: $108K - $122K

At the University of California (UC), your contributions make a difference. A world leader producing Nobel and Pulitzer Prize recipients with over 150 years of groundbreaking research transforming the world. Choose a career where you can leverage your knowledge, skills and aspirations to inspire and support some of the greatest minds in the world, and those who will follow in their footsteps. Working at the University of California is being part of a unique institution, and a vibrant and diverse community. At the University of California, Office of the President, we propel our mission through impactful work locally, in government centers and systemwide. We are passionate people, serving the greater good.


The Operations Analyst, Public Investments plays an important role in planning and executing projects and processes which further the goals, responsibilities, and successful outcomes for the office, specifically for Public Asset investments. This position will support functions within UC Investments, and he/she must develop a thorough understanding of our governing body, stakeholders, portfolios, and data structure, which are critical to success in this position. Qualitative and quantitative analysis, market experience, and judgment is essential. As a member of the team, this position will support the office by generating reports; design and/or execute research projects; analyze and measure risk; provide ideas and recommendations. Monitor and report on liquidity, performance, and risk trends across all Public Asset Investments.


40% – Liquidity Forecasting

  • Oversee daily investment cash desk forecasting function; liaise with Investment Operations, Cash Management Portfolio Manager, Treasury, and Custody Teams to compose and verify real-time investment / product liquidity cash balancing and forecast views.

30% – Analysis, Reporting, Communication

  • Collect and analyze data to create and maintain standardized investment reports and quantitative decision-making models across Public Investments. Maintain data integrity for portfolio management team. Compile and analyze data from multiple sources.
  • Reconcile investment information with custodian bank and resolve any discrepancies. Ensure activities are being performed in accordance with policies and procedures and identify and recommend improvements as deemed necessary.
  • Assist Public Asset investment teams with ad hoc requests including transaction modeling, asset allocation projections, etc.
  • Establish and maintain strong partnerships to provide support and information across the UC Investments groups and stakeholders.
  • Assist in managing on-going relationships and ensure adherence to workflow procedures and controls with various service providers, including custodians, consultants, etc.; as pertaining to Public Assets.
  • Coordinate with Accounting and Capital Finance teams on inputs necessary to facilitate liquidity and trade flows supporting participant transfers.
  • Support analysis and reporting functions for UC Investments’ sustainable investing framework as it relates to public assets investments data.

15% – Accounting, Transaction support

  • Assist in the yearly external audit process including preparing footnote disclosures, valuation procedures, audit confirmations, practical expedient checklist, roll forward back testing, etc.

10% – Audit Coverage

  • Assist in the yearly external investment audit process including preparing analysis and support for transaction testing, holdings disclosures, valuation procedures, audit confirmations, practical expedient checklist, etc.

5% – Trade Processing/Settlements

  • Provide backup coverage as needed on the Trade Settlement Desk. Work with portfolio management team to ensure timely settlements of executed trades. Communicate with trading counterparties to resolve settlement issues. Act as liaison between executing broker-dealer and custodian bank. (Bloomberg experience a plus)

Required Qualifications

  • Bachelor’s Degree and minimum of 5 years of related experience or equivalent combination of education and experience.
  • Understanding of performance measurement, attribution, valuation, and risk measurement. Familiar with – or able to quickly learn about – Private Investment portfolios, and Absolute Return.
  • Knowledge of investment software programs such as Custodian and Banking Systems, Investment Manager databases, Bloomberg, UC data structure.
  • Thorough knowledge of financial transactions and financial systems, as well as related policy, accounting, and regulatory compliance requirements.
  • Demonstrated working knowledge of accounting principles (particularly as it relates to investment accounting) and business math to prepare, reconcile, analyze, and report financial transactions. Knowledge of – or interest in learning – GAAP accounting principles a plus.
  • Excellent organizational skills and ability to prioritize work and complete assignments to meet strict deadlines.
  • Proven proficiency with Microsoft Suite, able to automate reconciliations, knowledge and skill in the use of various information databases. Ability to analyze functionality and recommend enhancements.
  • Strong oral and written communication skills; ability to gather and present ideas, thoughts, and information clearly and logically.; ability to communicate in a direct, cooperative, tactful, patient, and courteous manner and to listen effectively.
  • Strong customer service orientation: ability to respond effectively and professionally to questions from individuals both internal and external to the University. 


  • Bachelor’s degree in related area and a minimum of 5 years of job-related experience and/or equivalent experience/training.


This position is eligible for a hybrid work arrangement.  The selected candidate will be required to work onsite in Oakland, CA at least three days per week.  The hire will be a current resident of California or be willing to relocate to California.

Salary And Benefits

Job Title: Operations Analyst (UCOP Job Classification GEN ACCOUNTANT 4)

Job Code: 007734

Salary Grade: Grade 23

Payscale: $108,000 – $122,000 commensurate with experience.

Full Salary Range: 85,800 – 158,200

The University of California, Office of the President, is required to provide a reasonable estimate of the compensation range for this role. This range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to experience, skills, knowledge, abilities, education, licensure and certifications, and other business and organizational needs. It is not typical for an individual to be offered a salary at or near the top of the range for a position. Salary offers are determined based on final candidate qualifications and experience. The full salary range shows the growth potential for this position and the pay scale is the budgeted salary or hourly range that the University reasonably expects to pay for this position.

Benefits: For information on the comprehensive benefits package offered by the University visit: Benefits of Belonging

Additional Information


Please be prepared to attach a cover letter and resume with your application.


The first review date for this job is February 8, 2024.  The position will be open until filled.


Background Check Process: Successful completion of a background check is required for this critical position. Background check process at UCOP

Smoke Free Work Environment: The University of California, Office of the President, is smoke & tobacco-free as of January 1, 2014. UC Smoke & Tobacco Free Policy

As a condition of employment, you will be required to comply with the University of California Policy on Vaccination Programs, as may be amended or revised from time to time. Federal, state, or local public health directives may impose additional requirements.


The University of California, Office of the President, is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age or protected veteran status. EEO/AA Employer UC Nondiscrimination Policy

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