Investment Operations Analyst

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How to Apply

A cover letter is required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline your skills and experience that directly relate to this position. Transcripts and references are also required before an offer is extended.

What You'll Do

The University of Michigan Investment Office is looking for a detail-oriented and experienced Investment Operations Analyst to join our team. Reporting to the Senior Manager of Investment Operations, you will manage the accurate entry and reconciliation of portfolio activity and validating in-house system valuations against external bank balances on a daily basis. You will help maintain the integrity of in-house data.

Who We Are

The University of Michigan Investment Office directs and oversees the investment of the University's $19+ billion of financial reserves, which includes the 9th largest university endowment. The Investment Office staff works with many of the top investment managers globally to provide the financial resources necessary to ensure the long-term success of one of the world's great teaching and research institutions.

Why Work at Michigan?

In addition to a career filled with purpose and opportunity, The University of Michigan offers a comprehensive benefits package to help you stay healthy, protect yourself and your family and plan for a secure future. Benefits include:

A savings plan with two-for-one matching contributions and immediate vesting

Multiple options for comprehensive health insurance

Life insurance and long-term disability coverage

Flexible spending accounts for healthcare and dependent care expenses

Generous vacation policy

Responsibilities*

• Record daily portfolio activity into internal risk management system, ensuring accuracy and completeness

• Reconcile daily portfolio activity and balances with custodian bank records to ensure in-house system records are up-to-date daily

• Match and upload support documentation with portfolio activity in-system, ensuring quick reference to validate records

• Provide daily reporting on recent & expected portfolio activity, along with current and expected cash balances

• Investigate and resolve any activity or balance discrepancies promptly

• Collaborate with Investment Office team members to ensure accurate recording of activity

• Process internal cash transfers and F/X conversions, when needed

• Help prepare financial reports

• Stay updated with relevant accounting standards and regulations

Required Qualifications*

• Bachelor's degree in Accounting, Finance, or related field

• Minimum 3 years relevant experience

• Proficiency in Microsoft Excel

• Excellent analytical and problem-solving skills

• Strong attention to detail and accuracy

• Ability to work independently and in a team environment

Desired Qualifications*

CPA, CIPM, or relevant certification

Previous experience using portfolio management or risk management software

Modes of Work

Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about thework modes (https://hr.umich.edu/working-u-m/my-employment/ways-we-work-resource-center/ways-we-work-implementation-group/modes-work) .

Onsite work is required during the first six months of employment in the role. Upon satisfactory performance during the first six months, a hybrid work arrangement may be an option. Hybrid work requires team member to be onsite at least 50% of the month.

U-M EEO/AA Statement

The University of Michigan is an equal opportunity/affirmative action employer.

Job Detail

Job Opening ID

260722

Working Title

Investment Operations Analyst

Job Title

Financial or Bus Analyst Inter

Work Location

Ann Arbor Campus

Ann Arbor, MI

Modes of Work

Onsite

Hybrid

Full/Part Time

Full-Time

Regular/Temporary

Regular

FLSA Status

Exempt

Organizational Group

Investment Office

Department

Chief Investment Officer (CIO)

Posting Begin/End Date

2/24/2025 - 3/03/2025

Career Interest

Finance

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