The Ewing Marion Kauffman Foundation is a private, nonpartisan foundation that provides access to opportunities that help people achieve financial stability, upward mobility, and economic prosperity regardless of race, gender, or geography. The Foundation uses its grantmaking, research, programs, affiliates, and initiatives to support the start and growth of new businesses, a more prepared workforce, and stronger communities. Our work is grounded in the principles of racial equity, diversity, and inclusion and is consistent with the aspirations of our founder, Ewing Marion Kauffman.
Based in Kansas City, Missouri, the Kauffman Foundation is one of the largest foundations in the United States with an asset base of approximately $3 billion. While striving to have national impact and global reach, the Foundation is deeply committed to Kansas City, as evidenced by work on initiatives that reach into neighborhoods and enrich the community and quality of life in the region. For more information about the Foundation, please visit the website at Details below.
The Investment Operations Manager reports to the CIO and collaborates closely with the investment team. This role focuses on operational data management, investment performance reporting, risk measurement and analysis, and systems development tasks that enable and support investment operations.
Specific Responsibilities Include:
- Investment accounting: Verify all accounting data before entry in our portfolio management system and reconcile data monthly to our administrator.
- Research management system: Manage and ensure the accuracy and completeness of all data in the research management system. Own the integration between the research management system and portfolio management system.
- External service providers and technology: Oversee and maintain third party provider relationships including technology vendors. Stay current on new providers in the market, proactively recommend changes that need to be considered, and lead the implementation of any changes to providers, processes, or services.
- Reporting: Generate investment committee reporting and internal reporting accurately and efficiently. Update report format or content as requested.
- Operational due diligence: Work with a third consultant to schedule and participate in operational due diligence meetings with both existing and prospective managers as needed.
- Fee study: Lead the annual fee study by collecting the management and incentive fees charged by each fund within the portfolio and presenting the findings.
- Audit: Serve as the point person within the investment office for any annual audit-related requests.
- Procedures: Maintain the investment office procedure manual, proactively recommending process improvements to enhance portfolio management, data accuracy, and work efficiency.
EDUCATION AND EXPERIENCE
Education: Bachelors degree in economics, accounting, or statistics preferred but would consider an equivalent combination of education and/or experience.
Work Experience: At least ten years of relevant work experience and increasing responsibilities in investment management, performance reporting, accounting, and/or treasury operations for endowments, foundations, custodians, administrators and/or investment management firms.
Travel: This position may require occasional business travel.
QUALIFICATIONS
Candidates in this position must be highly motivated, capable of self-direction, detail-oriented, and able to work collaboratively in a team. Candidates must exhibit a keen sense of responsibility and enjoy working with multiple demands, shifting priorities, and constant change.
- Possesses an intense intellectual curiosity and eagerness to pitch in on a wide range of assignments.
- Has knowledge of private and public investments (such as limited partnerships, hedge funds, private equity, stocks, bonds, derivatives, etc.) and financial reporting.
- Learns quickly, can synthesize multiple sources of information, gains insights, and communicates clearly and coherently.
- Takes pride in attention to detail.
- Possesses problem-solving and analytical skills with a focus on improving processes combined with solid judgment and decision-making abilities.
- Prioritizes and multi-tasks effectively using excellent organizational skills with keen attention to detail.
- Has excellent communication skills, including well-developed interpersonal, written, and listening skills including excellent technical writing skills.
- Is interested in pursuing professional designation, e.g., CIPM, CFA, CPA, FRM, or CAIA. Actual designation preferred.
- Possesses a passion for doing what is right, with unquestioned integrity, positive ethics, and values reflective of the Kauffman Foundation.
- Is committed to the Foundations credo, standards, and values in alignment with our racial equity, diversity, and inclusion statement, by prioritizing racial equity, diversity, and inclusion in culture and strategic work.
- Has computer literacy skills, including proficiency with Microsoft tools, Box, and Slack with demonstrated advanced Excel skills, including statistical analysis and PivotTables. Experience with portfolio analytics software, e.g., Caissa, Dynamo, Burgiss, preferred.
All of the statements in this position description are intended to describe the general nature of the work being performed and are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required. This document describes the position currently available. The organization reserves the right to modify job duties or job descriptions at any time.
NON-DISCRIMINATION
The Kauffman Foundation firmly supports the principle and philosophy of equal opportunity for all individuals, regardless of age, race, gender, creed, national origin, disability, veteran status or any other protected category pursuant to applicable federal, state or local law.
TO APPLY
Interested applicants can apply for this position by submitting a cover letter and resume. Job posting will be removed at 12pm CT on Monday, February 10, 2025.
Please note that this role is Kansas City, MO based and associates must reside in the Kansas City metropolitan area.
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