Investment Associate, Hedge Fund Strategies

About the job
Gordon and Betty Moore established the foundation to create positive outcomes for future generations. Guided by this vision and the Statement of Founders' Intent , the foundation fosters path-breaking environmental conservation, scientific discovery, patient care improvements and preservation of the special character of theSan FranciscoBay Area. We strive to make significant and durable impacts on the world.

Together, we work to honor the vision of our founders and serve as stewards of the resources they have entrusted to us. We establish specific strategies based on advice from experts, identify partners who share our goals and measure results along the way. We build relationships and fund work in areas where we hope to make significant impacts; and we know that working together expands our ability to drive meaningful change.

We believe there can be no lasting change for the good if that change is not just and widely shared. Comprehending and incorporating values of diversity, equity, and inclusion in pursuing goals and refining strategies is vital to achieving our desired outcomes. These values weave through what we do and shape how we operate.

The Investment Office

The Moore Foundation’s investment office manages the foundation’s $8+ billion investment portfolio with an aim towards maintaining purchasing power, managing volatility and ensuring sufficient liquidity to fund the foundation’s grant making and operating needs. The Investment team focuses its efforts on managing the portfolio’s asset allocation across a diverse set of asset classes and selecting and monitoring investment managers within each asset class.

The Position

Our Investment Associate Program provides the opportunity for early career individuals to expand their knowledge of institutional investment management and further develop skills in investment analysis and research. After completing the program, associates typically pursue an MBA or seek the next steps in their investment career. Many associates will also pursue a CFA during their associate program.

This position is a two-year role supporting the Director of Hedge Fund Strategies in managing a multi-billion dollar investment portfolio. The portfolio is invested in institutional funds that are sponsored by leading investment managers. The foundation does not make direct investments in companies, assets, or securities.

The position is based at the foundation’s investment office inSan Francisco, California. The foundation has a hybrid working arrangements policy, and this position is required to work onsite inSan Franciscoa minimum of two days each week, and in our Palo Alto, California office a few times each year. Your role, team, or other foundation business needs may require you to work in the office more frequently.

Key Responsibilities
Work with Director to develop and implement portfolio strategies by analyzing historical returns and investment trends both domestically and abroad, monitoring current market conditions and assessing relative attractiveness of investment opportunities.
Work with Director to monitor and manage a world class portfolio of hedge fund investments through the ongoing evaluation of investment strategies, portfolio holdings and exposures, the drivers of performance, and organizational dynamics.
Work with Director to select new investments for by identifying high potential managers, participating in due diligence, and conducting detailed performance and portfolio analytics.
Write quarterly portfolio reviews and lead production of comprehensive annual review of portfolio composition, returns and underlying fund holdings. Present findings from analysis to investment team.
Monitor and reconcile monthly performance of all managers in the portfolio. Track portfolio exposures and asset allocation levels relative to targets and assist in executing and confirming all cash flows to and from managers.
Position provides excellent exposure to a wide range of investment strategies, as well as investments across asset classes including long-only equity, fixed income, private equity, venture capital, real estate and natural resources. 
Experience And Qualifications

The ideal candidate will have:
Bachelor's degree with a minimum of two years of work experience in investment banking, management consulting, investment management, or other relevant field.
Exceptional organizational skills and proficiency in prioritizing assignments, handling multiple complex assignments, and setting and meeting deadlines with an orientation toward results and resolution.
Well-developed quantitative and analytical skills with strong grounding in investment concepts (e.g. capital markets, statistical analyses).
Advanced Excel modeling skills and familiarity with PowerPoint, Bloomberg, and other analytical tools and concepts.
Self-starter with the ability to work independently, ask questions, and use judgment. Ability to communicate concepts and distill information in an efficient, user-friendly manner is especially important.
Strong attention to detail.
Exceptional interpersonal and presentation skills.
Willingness to support and promote the foundation and colleagues through commitment to enhancing the foundation’s considerations of Diversity, Equity and Inclusion.
Two-year commitment required. 
Attributes

The ideal candidate will demonstrate the following attributes that describe how we at the foundation strive to do our work with each other and our partners.
Committed to Excellence - We bring our best to all we do.
Passionate - Inspired by the vision of our founders, we are passionate about our work.
Collegial - We are part of a team striving toward common goals.
Open and Honest - We act with integrity, putting the good of the foundation first.
Humble and Self-Aware - Emulating our founders, we bring a sense of humility to our work. 
Compensation And Benefits

The Moore Foundation offers a generous total compensation package that includes a competitive base salary, an incentive compensation program and comprehensive benefits to support your life, health and well-being. The package for this role includes a base salary of $125,000 and participation in an annual incentive program. This position is exempt and full-time with a two-year term.

Our health benefits include employer-paid options for medical, dental, and vision insurance for employees and dependents; a mental wellness program; paid parental leave; employer-paid disability and life insurance benefits; and pre-tax flexible spending accounts for medical and dependent care expenses.

Other benefits include 6 weeks of paid time off per year and 10 paid holidays; a 401(k) retirement savings plan with a foundation contribution of up to 10% and a Roth 401(k) option; a matching gifts program for qualifying charitable contributions; hybrid work arrangements and a home office stipend; and a commuter benefits program.

To support you in achieving your career goals, the foundation offers a professional development program to all benefits-eligible employees that includes an annual financial benefit of $5,000 and paid time off to participate in educational programs.

Application Process

The Moore Foundation is an equal opportunity employer and welcomes a diverse pool of applicants. We depend on individuals who possess varied skills, perspectives and expertise. We seek to recognize many forms of excellence in candidates, attract individuals with varied identities and backgrounds and enable all employees to feel they belong and can contribute to the mission of the Moore Foundation.

We do not discriminate based on race, color, religion, creed, sex, gender (including pregnancy, childbirth or related medical conditions), national origin, ancestry, citizenship, age, physical disability, mental disability, medical condition, genetic information, military or veteran status, marital status, registered domestic partner status, sexual orientation, gender identity, gender expression or on any other basis protected by applicable federal, state or local law. We also do not discriminate based on the perception that anyone has any of these characteristics or is associated with a person who has or is perceived as having any of these characteristics.

The foundation is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its programs and operations. As part of this commitment, the foundation will ensure that persons with disabilities are provided reasonable accommodations.

If a reasonable accommodation is needed to participate in thejobapplication process, pleasecontactaccommodationrequest@moore.org. A request for accommodation will be responded to within three business days. However, non-disability related requests, such as following up on an application, will not receive a response.

Pursuant to theSan FranciscoFair Chance Ordinance, we will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the ordinance.

Applicants must be legally authorized to work in the United States.

COVID-19

The Moore Foundation requires that all employees be up-to-date on their COVID-19 vaccinations as defined by the CDC, subject to reasonable accommodations for medical or religious reasons. Any employment offer will be contingent upon satisfactory proof that you comply with this requirement.