Memorial Hermann Health System is a nonprofit, values-driven, community-owned health system dedicated to improving health. A fully integrated health system with more than 260 care delivery sites throughout the Greater Houston area, Memorial Hermann is committed to delivering safe, high-quality, patient-centered care and offers clinical expertise, innovation and cutting-edge technology to all patients. Details below.
Job Description
Minimum Qualifications
Education: Bachelors Degree required, MBA preferred
Licenses/Certifications: Chartered Financial Analyst (CFA), Instituional Allocator (IA) preferred
Experience / Knowledge / Skills:
- Two (2) years of investment management experience preferred, allocator experience preferred (i.e. conducting investment due diligence on fund managers).
- Experience in the non-profit investment management space preferred (i.e., Universities, Endowments, Healthcare, etc.)
- Organized, strong attention to detail and ability to work with diverse teams
- Effective oral and written communication skills
Principal Accountabilities
- Fund manager due diligence.
- Monitors portfolio of investments and maintains performance monitoring systems.
- Makes recommendations on manager sizing, portfolio construction and asset allocation.
- Partners with Investment Consultant and other relevant investment office vendors, as needed.
- Reviews and ensures compliance with Investment Policy Statement.
- Ongoing internal reporting, including Investment Committee.
- Drives professional development by seeking education to meet skills competency.
- Works with colleagues to ensure high-performing and inclusive environment.
- Ensures safe care to patients, staff and visitors; adheres to all Memorial Hermann policies, procedures, and standards within budgetary specifications including time management, supply management, productivity and quality of service.
- Promotes individual professional growth and development by meeting requirements for mandatory/continuing education and skills competency; supports department-based goals which contribute to the success of the organization; serves as preceptor, mentor and resource to less experienced staff.
- Demonstrates commitment to caring for every member of our community by creating compassionate and personalized experiences. Models Memorial Hermann’s service standards by providing safe, caring, personalized and efficient experiences to patients and colleagues.
- Other duties as assigned.
Message from Allocator Jobs: To help prepare you for this role, take a look at the Institutional Allocator (IA) program from our partnership organization, the Allocator Training Institute. The IA program curriculum gives you a solid foundation of investing from the allocator’s perspective. You’ll learn how to evaluate investment managers, create an ‘endowment-model’ multi-asset class portfolio, and the quantitative tools necessary to succeed in the role. The three-part program can be completed in less than one year and exams are available every quarter-end month. This is the program that will help you start and then accelerate your allocator career. Reach out if you have any questions.
