Core Responsibilities

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A. Investment Operations and Administration (approximately 50% of the role)

• Manage internal investment systems and databases. We use Backstop and Canoe.

• Manage trading operations (such as wiring instructions, Know Your Client documentation and approved recipients lists across managers). Initiate and track stock sales upon receipt of distributions.

• Work closely with the Finance team on cashflow tracking and timing, supporting the annual audit, coordinating fund manager onboarding and redemptions, quarterly and annual outreach to managers for financial statements and maintaining investment records as required by law.

• Onboard and track new investment managers. Manage ongoing ad hoc manager interactions: statements, audit support, capital calls, portal access and related requests.

• Help maintain General Partner relationships and working knowledge of strategies, side letters and other relevant terms.

• Create and maintain internal/external presentation materials.

• Maintain and update internal investment team budget.

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B. Portfolio Support (approximately 30% of the role)

• Actively participate in strategic investment planning discussions with external investment consultants on topics including asset allocation, private investment commitment planning and individual manager selection and removal across the portfolio.

• Review economic data and stay current with general capital market and alternative asset developments.

• In conjunction with the MDI and external investment consultants, perform ongoing monitoring and due diligence on current investment managers.

• Work closely with the MDI to develop materials, prepare analysis and present detailed investment recommendations and portfolio reviews for use by the Foundation’s Investment Committee and Board of Directors.

• Participate in the consultant relationship review and RFP processes for other ancillary services.

• Work closely with the MDI to meet and operationalize the foundation’s impact investing goals, including sourcing managers, conducting due diligence and tracking progress.

• Periodically serve on Limited Partner Advisory Committees.

• Assist in the annual analysis and reporting of impact investing work, aimed at illustrating progress towards multiple impact investing objectives. Contribute to development and maintenance of a comprehensive reporting strategy on impact investing.

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C. Program-Related Investments (approximately 15% of the role)

• Provide financial analysis and review for proposed and existing program-related investments(PRIs), including initial financial diligence on new PRIs and annual review of financial statements for existing PRIs.

• Coordinate regular cross-org meetings of staff with PRI responsibilities to ensure cross-team collaboration and understanding. Lead development of the annual PRI dashboard for presentation to the Investment Committee and Board.

• Coordinate and support PRI program development and staff learning opportunities. Serve as a general resource and support the grantmaking team related to the Foundation’s PRI portfolio.

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D. Organizational Participation (approximately 5% of the role)

• Actively participate in and contribute to the Investment team, Finance team and cross-foundation work and learning. This includes activities like foundation priorities, community engagement, learning sessions, equity projects, ad hoc work groups, events and committees.

• Represent the Foundation in relevant networks, events and professional organizations, adding knowledge and expertise in the sector.

• Actively demonstrate the Foundation’s core organizational values in performing all duties.