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Open Position

Operations Manager, Investments

Title: Operations Manager, Investments
Location: 1112 Dukes Parkway West, Hillsborough, N.J.
Reports to: Chief Investment Officer
FLSA Status: Full-time – Exempt


The mission of the Doris Duke Charitable Foundation (DDCF) is to improve the quality of people’s lives through grants supporting the performing arts, environmental conservation, medical research and child well-being, and through preservation of the cultural and environmental legacy of Doris Duke’s properties. The foundation’s mission, grantmaking programs, museums and centers operate through five related philanthropies: the Doris Duke Charitable Foundation, the Doris Duke Foundation for Islamic Art, the Duke Farms Foundation, the Doris Duke Foundation and the Doris Duke Management Foundation. Together, the Doris Duke philanthropies support the well-being of people and the planet for a more creative, equitable and sustainable future. DDCF’s activities are guided by the will of Doris Duke, who endowed the foundation with financial assets that currently total approximately $2.4 billion.

As a member of the Investments Team, the Operations Manager, Investments will directly contribute to the foundation’s charitable purpose. Through responsible management of the endowment, the Investments Team’s mission is to enable the continuation and expansion of the foundation’s grantmaking capacity.

JOB SUMMARY

The Operations Manager, Investments will join a small, dynamic investment office that aims to generate strong, risk-adjusted returns for the foundation’s $2.4 billion endowment. The portfolio has been allocated to top tier, global fund managers across open-ended and drawdown strategies including venture capital, hedge funds, private equity and impact investments.

The Operations Manager, Investments will be part of a team that oversees the non-investment side of the office. Primary functions include: a) performance and risk reporting; b) maintaining of Investment Book of Record (IBOR); c) all investments operations involving funds and other direct positions; d) managing vendor and third-party relationships; and e) implementing process and technology improvements as needed.

The Operations Manager, Investments will be joining a team that is motivated, collaborative and nimble, and will have the opportunity to shape the role with the guidance of the Chief Investment Officer. The Manager will report to the Chief Investment Officer and will work closely with another operations professional and the entire Investments Team.

ESSENTIAL JOB FUNCTIONS

  • Maintain IBOR through daily reconciliations and oversight of the data entry process.
  • Devise and implement strategies to maximize data quality, completeness and accuracy.
  • Partner with colleagues to develop IBOR system reporting that will help the team better understand and manage risks, evaluate investments and make portfolio management decisions.
  • Assist in the selection and implementation of new Research Management System (RMS). Once implemented, oversee document management within the RMS which includes ensuring every manager reporting document is received into system, categorized and tagged correctly.
  • Collaborate with finance, legal and other internal colleagues.
  • Collaborate with IBOR technology vendor to fully leverage system for reporting and portfolio management.
  • Interface with industry professionals to keep up to date with new technology and services.
  • Contribute to the intellectual exchange and growth of the team by actively participating in team discussions.

QUALIFICATIONS

The ideal candidate will have 4-7 years of experience in investment operations, audit, tax or a related field. The candidate is expected to have an undergraduate degree, strong academic record, as well as the following qualities:

  • Attention to detail and focus on data integrity.
  • Pro-active, self-motivated, and innovative problem solver and critical thinker.
  • Exceptional organizational, multi-tasking and project management skills and the ability to provide leadership to drive project success.
  • Strong teamwork skills.
  • High degree of integrity and professionalism; ability to successfully interact with other groups, internally and externally.
  • Exposure to alternative investments (e.g., hedge funds and drawdown investments).
  • Strong technological and analytical skills (including Microsoft Excel).
  • Strong written and oral communication skills.
  • Able to balance working independently in an entrepreneurial environment with being a strong team player.

As a condition of employment, new hires are required to be up to date with an FDA-authorized vaccination against COVID-19; proof of vaccination series and booster, if eligible, will be required upon beginning employment.  Reasonable accommodation for legally required exemptions will be considered on a case-by-case-basis in accordance with applicable law.

HOW TO APPLY

Send resume with cover letter to Sean Myers (sean@mjeadvisors.com) and cc to hr@ddcf.org. Include your last name followed by “DDCF Operations Manager, Investments” in the subject line. Applications will be accepted until filled.

No phone calls or in-person applications, please.

The Doris Duke Charitable Foundation is committed to inclusive hiring and dedicated to diversity in its work and workplace culture. We provide equal opportunity for employees and applicants in all aspects of the employment relationship, without regard to race, color, national origin, sex, sexual orientation, gender identity or expression, citizenship, marital status, military or veteran status, disability, age, religion or any other classification protected by law; and we strongly encourage candidates of all identities, experiences, orientations and communities to apply.