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MacArthur Foundation

Senior Analyst, Alpha Analytics and Portfolio Risk

MacArthur Foundation, Chicago, Illinois, United States, 60290


The Investments team is responsible for managing the Foundation's $8.5 billion investment portfolio. The capital is managed within a globally diversified, multi asset class portfolio with the objective of earning a 5% real return annually. This portfolio is the source of funds for the Foundation's grant making activity and other organizational expenses.

The Senior Analyst, Alpha Analytics and Portfolio Risk is responsible for monitoring and reporting on risk and return factors impacting the Foundation's portfolio and assisting with the implementation of the Foundation's portable alpha program. The candidate will also assist in the performance evaluation and diligence of traditional and alternative investment managers. This person will report to the Managing Director, Asset Allocation, Risk Management and Alpha Strategies with frequent interaction with the Chief Investment Officer.

Job Description

Essential Duties and Responsibilities:

Calculate and monitor risk and return for the portfolio, including developing reports and custom analyticsParticipate as a member of the Risk CommitteeImplement the Foundation's portable alpha program, interacting with the Foundation's overlay manager, and executing derivatives trades to manage market exposureMonitor and actively manage the Foundation's counterparty riskAnalyze and manage a portfolio of short-term cash enhancement instrumentsParticipate in prospective manager presentations and assist with the performance analysis, diligence and underwriting of potential investmentsAssist in quantitative analytic projects across the portfolio such as asset allocation, risk management, and sensitivity analysisEvaluate portfolio construction and its impact on risk and return across the portfolioMeasure currency and factor exposure across the portfolio, evaluating hedges for both public and private investmentsPrepare verbal and written presentations as requestedMay perform other duties as assignedQualifications:

An undergraduate degree in a quantitative field of study such as mathematics, engineering, or computer science, with a strong preference for a CFA candidate or CFA charterholderA minimum of 3-7 years in the financial markets, with knowledge of equity derivatives and their pricing modelsMust have excellent quantitative skills with a strong knowledge of statistics and financial time series analysisAdvanced experience with Excel required. Programming experience with VBA, Power Query, and business intelligence tools such as Power BI (DAX) is preferredMust be a sophisticated investment thinker with a strong desire to maintain the Foundation's outstanding reputationMust have an intellectual curiosity and ability to explore and evaluate complex investment opportunitiesMust have outstanding verbal and written communication skills and be able to effectively communicate with a seasoned investment committeeAbility to learn and effectively use various software programs used by the Investment DepartmentAbility to function effectively as a team member and work independently as neededThorough professionalism in all technical and non-technical aspects of the positionMust have a commitment to excellence and dedication to see all assignments through to completion

The position is currently hybrid and based in Chicago, Illinois.

Annual starting salary for this role will start at $100,000. This position is also eligible for an incentive bonus of up to 70% of the base salary.

Physical Requirements and Work Environment

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The work environment is an office setting. Intermittent physical activities will include bending, reaching, sitting, and moving around the office during working hours. Reasonable accommodations may be made to enable a person with physical disabilities to perform the job.