JobMesh

Director of Investment Operations

The New York Public Library · New York City, New York, US

Director of Investment Operations Department: Investment Office Employment Type: Full Time Location: 270 Madison Avenue Reporting To: Geetanjali Gupta Compen...

Job description

Director of Investment Operations Department: Investment Office: Employment Type: Full Time: Location: 270 Madison Avenue: Reporting To: Geetanjali Gupta: Compensation: $225,000 - $250,000 / year Description: Overview: The Investment Office is responsible for the Library’s $1.9 billion endowment investment program. Though the Library receives substantial funding from the City of New York as an independent nonprofit entity, the endowment's spending provides crucial ongoing support for the Library’s annual operating budget. The endowment portfolio is invested through external managers and is currently allocated across various asset classes and strategies, including domestic and international equities, marketable alternatives, private capital, real assets, and fixed income. Reporting to the Chief Investment Officer, the Director of Investment Operations is responsible for developing a strategic vision for the best-in-class operational infrastructure for a global, multi-asset-class portfolio. They are a critical part of the Investment Office's institutionalization. The individual should have a strong understanding of industry best practices in investment operations. They will manage pe...