Program Financial Analyst

Job Description

PROGRAM FINANCIAL ANALYST

Req #: 240420 Department: OFFICE OF THE PRESIDENT Appointing Department Web Address: https://www.uwinco.uw.edu/ Job Location: Seattle Campus Job Location Detail: 100% onsite Posting Date: 10/29/2024 Closing Info: Open Until Filled Salary: $10,417 - 13,334 per month Other Compensation: Shift: First Shift Benefits: As a UW employee, you will enjoy generous benefits and work/life programs. For a complete description of our benefits for this position, please visit our website, click here. As a UW employee, you have a unique opportunity to change lives on our campuses, in our state and around the world. UW employees offer their boundless energy, creative problem-solving skills and dedication to build stronger minds and a healthier world.
UW faculty and staff also enjoy outstanding benefits, professional growth opportunities and unique resources in an environment noted for diversity, intellectual excitement, artistic pursuits and natural beauty.
The University of Washington Investment Management Company (UWINCO) manages over $8.5 billion of endowment, operating and life income funds for the University. This Program Financial Analyst position will be responsible for multiple aspects of operational duties for the University's investment portfolio, which includes over 100 external investment managers. Critical to investment program success, this position will be responsible for executing trades and transactions, maintaining internal databases and systems, generating various internal reports, and working closely with counterparties and custody banks. The UWINCO Operations team works closely with the diligence function of the Portfolio Management team before and after each investment is funded.
The position requires knowledge of institutional investment strategies as well as an understanding of various performance measurement methodologies and portfolio risk characteristics. The position requires advanced proficiency with Microsoft Office, particularly advanced skills in Excel and experience producing charts, graphs and tables. Experience with custodial bank systems, CRM software and portfolio management systems is desired. Successful candidates should be highly organized with strong attention to detail and accuracy. In addition to performing sophisticated analyses, the position often leads or assists in other projects that impact the strategic direction of the office. This position requires the ability to work independently and take ownership of processes. Requires independent judgment in planning and decision making regarding all aspects of UWINCO business operations. Must be capable of managing multiple and competing priorities with frequent tight deadlines accurately and confidentially while demonstrating discretion and independent judgment. Flexibility to work various hours as needed.
The position is instrumental in the daily operational processes for UWINCO and in the preparation of investment reporting for stakeholders across campus, including the Board of Regents, UWINCO Board, CIO, COO, UW Treasury, and UW Foundation. Investment reporting helps facilitate monitoring and decision making regarding the University's $8.5 billion investment portfolios. The success of the investment program is critical to the financial well-being of the University.
DUTIES AND RESPONSIBILITIES
Operational Management (65%)
• Manage daily operational processes; coordinate investment related transactions including new subscriptions, redemptions, and all capital call and distribution activities.
• Reconcile cash, investment transactions and market values with custodian system.
• Track and maintain large volumes of data and heavily use UWINCO’s performance, analytics and reporting system.
Reporting (20%)
• Initiate preparation of monthly and quarterly investment reporting packages to the BOR, UWINCO Board, senior management and other stakeholders.
• Produce and analyze various internal compliance reports.
Special Projects and Other Duties (15%)
• Manage investment operations projects.
• Participate in operational due diligence of existing and potential managers.
• Ensure proper onboarding of new investments on custodian and other monitoring systems.
MINIMUM REQUIREMENTS
• Bachelor's degree in business, finance, or accounting.
• Approximately 6 or more years’ of accumulated professional experience.
Equivalent education/experience will substitute for all minimum qualifications except when there are legal requirements, such as a license/certification/registration.
ADDITIONAL REQUIREMENTS
• Intellectually curious, self-motivated, inquisitive, and detail oriented.
• Self directed, proactive individual with a strong work ethic and service orientation. Ability to anticipate the needs of the operations unit.
• Excellent oral and written communication skills in an environment requiring judgment in managing internal and external interactions.Ability to deal tactfully and equitably with people and communicate effectively, both orally and in writing.
• Ability to adjust to rapid changes and execute fluid management of multiple priorities in a dynamic environment.
• Experience managing operational processes and projects.
• Highly organized with ability to multi-task, prioritize and work both independently and collaboratively to produce high quality work product.
• Strong interpersonal skills with ability to interact with custodian, investment managers, vendors and other professionals.
• Demonstrated advanced proficiency with Microsoft Office, particularly Excel.
DESIRED QUALIFICATIONS
• Institutional investment experience with basic knowledge of a variety of asset classes, such as public and private equity, hedge funds, and fixed income.
• Experience with custodial bank systems, CRM software (Bipsync), portfolio management software (Caissa).
• CFA, MBA or CPA desired.
WORKING ENVIRONMENT
UWINCO is an innovative office of professionals working as a quality focused, collaborative team. UWINCO manages more than $8.5 billion of investments including the Consolidated Endowment Fund and the Invested Funds that are regularly reviewed by the BOR, UWINCO Board, investment consultants, rating agencies and peer institutions and foundations. Implementation and reporting on investments made requires planning, coordination, clarity, and attention to detail. Position interacts with multiple team members daily on a variety of ongoing projects. Open communication and synergistic interactions with UWINCO staff, UW’s custodial bank and investment managers are necessary for successful implementation. Processes require working under periodic deadline pressures and longer hours during peak reporting periods.
Application Process: The application process may include completion of a variety of online assessments to obtain additional information that will be used in the evaluation process. These assessments may include Work Authorization, Cover Letter and/or others. Any assessments that you need to complete will appear on your screen as soon as you select “Apply to this position”. Once you begin an assessment, it must be completed at that time; if you do not complete the assessment, you will be prompted to do so the next time you log into your “My Jobs” page. If you choose to take it later, it will appear on your "My Jobs" page to take when you are ready. Please note that your application will not be reviewed, and you will not be considered for this position until all required assessments have been completed.

Committed to attracting and retaining a diverse staff, the University of Washington will honor your experiences, perspectives and unique identity. Together, our community strives to create and maintain working and learning environments that are inclusive, equitable and welcoming.

The University of Washington is an affirmative action and equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, protected veteran or disabled status, or genetic information.

To request disability accommodation in the application process, contact the Disability Services Office at 206-543-6450 or [email protected] .

Applicants considered for this position will be required to disclose if they are the subject of any substantiated findings or current investigations related to sexual misconduct at their current employment and past employment. Disclosure is required under Washington state law .

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