POSITION: Investment Analyst 

REPORTS TO: Chief Investment Officer

LOCATION: New York, NY

FLSA STATUS: Exempt

WEBSITE: www.nycommunitytrust.org

START DATE: April 2024

ABOUT US

The New York Community Trust (“The Trust”) is one of the oldest and largest community foundations in the country. For the past century, The Trust has honored the wishes of donors who have entrusted them with their financial legacies to make lives better in the place they love. The Trust is a philanthropic leader in New York City, Westchester, and Long Island, delivering nearly $200 million in grants in 2023 and more than $2 billion in the past decade. Today, in addition to a distinguished competitive grantmaking program, The Trust hosts donor-advised funds (“DAFs”) that make grants throughout the United States and donor collaboratives that work on the leading edge of philanthropy to improve the lives of New Yorkers. The Trust has long been a leader in the field, with innovations ranging from establishing the first donor-advised fund in the 1930s to making landmark grants, including the first to fight AIDS, build the High Line, support immigrant communities, and respond quickly in the early days of the COVID-19 pandemic.
 

POSITION DESCRIPTION

This position reports to the Chief Investment Officer and works closely with the Director of Investment Reporting. The Investment Analyst will assist in the oversight of the various investment functions of the Trust and their intersection with the Trust's charitable work. 

RESPONSIBILITIES

· Participate in analysis and evaluation of investment opportunities.

· Participate in manager searches from inception to selection.

· Collaborate with investment consultant on various projects and topics.

· Contribute to the production of the quarterly Investment Committee meeting package.

· Provide notes and minutes for meetings with managers, trustee banks and the Investment Committee.

· Reconcile manager performance data with custodian bank.

· Conduct annual meetings with each trustee bank and provide an update on performance and operations.

· Work in conjunction with the donor department to provide information regarding investment options to current and prospective donors.

· Additional duties as assigned.

· Some travel is required around 10% of work time, mostly within the US and with possible international travel.

· Bachelor’s Degree is required, preferably in business or finance. 

· Exposure to financial markets.

· Course work in statistics preferred.

· 2-5 years of full-time experience in the any of the following areas: asset allocation, equity research, investment consulting, manager selection, portfolio management, or risk management.

· Strong computer skills, particularly in Microsoft Excel. A familiarity with eVestment alliance a plus.

COMPETENCIES REQUIRED

· Self-motivated and able to manage multiple tasks and deadlines at once.

· Critical thinker with solid analytical expertise.

· Strong written and verbal communication skills.

· Strong relationship management skills. 

· Ability to work within a small team environment.

· Passion for financial markets and curiosity to always want to know more.

COMPENSATION

An annual salary of $115,000-$130,000 commensurate with the candidate’s experience. The position is on-site at our New York office and we provide limited scheduled and flex remote days every month. The Trust offers excellent benefits, including a pension plan, an 8% employer contribution to a 403(b)-retirement plan; partially subsidized medical insurance coverage; generous paid time off and other benefits.

The Trust is a qualifying nonprofit organization as defined by the Public Service Loan Forgiveness Program. As such, Trust employees may claim their employment time on their PSLF application.

HOW TO APPLY

Please apply through The Trust’s HRIS platform, Paylocity. Please provide finance-related writing samples for review. We are committed to diversity, equity, inclusion and accessibility in our recruitment process. The Trust strongly encourages members of underrepresented communities and individuals who meet most of the job requirements to apply. 

The Trust is an Equal Opportunity Employer and does not discriminate based on age, color, national origin, ethnic origin, citizenship status, disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, marital status, veteran status, or any other characteristic protected by federal, state, or local law in its employment policies. In addition, The Trust will provide reasonable accommodations for qualified individuals with disabilities.

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire.