Howard Hughes Medical Institute

Investment Associate

1 week ago

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HHMI is focused on supporting and moving science forward in a variety of different ways ranging from conducting basic biomedical research, empowering educators, inspiring students, developing the next generation of scientists - even stretching into film and media production. Our Headquarters is in the greater Washington, DC metro area and is home to over 300 employees with expertise in investments, communications, digital production, biomedical sciences, and everything in between. The work housed here supports and augments the groundbreaking research conducted in HHMI labs across the nation. As HHMI scientists continue to push boundaries in laboratories and classrooms, you can be sure that your contributions while working here are making a difference.

Summary

We are seeking an Investment Associate to join HHMI's investment office, which manages an endowment with net assets of more than $20 billion.

At our headquarters, we provide space for collaboration and interaction beyond your office - sunlit rooms, artwork, beautiful grounds, gyms with classes, snacks, and, of course, smart people and innovative work all around.

As an Investment Associate, you will support the management of the Institute's endowment. Responsibilities include supporting investment decision making in two broad areas: (1) markets and/or economic research and (2) investment strategy and manager evaluation. This is a generalist role; you will be expected to participate in the evaluation of investment opportunities across all major asset classes including global public markets, hedge funds, real assets and private equity.

Essential Duties and Responsibilities

The Associate will support investment decision making in:

  • Assessing attractiveness of global markets and investment strategies
  • Manager identification, evaluation and diligence across multiple asset classes including public equities, hedge funds, real assets, private equity
  • Monitoring and re-underwriting existing investments
  • Review of direct co-investment opportunities and special projects
  • Asset allocation and risk management
  • Preparation of internal and investment committee reports for discussion
  • Promoting the development of new ideas, areas of research, and methods of investing


Qualifications

Education
  • Bachelors degree required; pre- and post-MBA candidates considered


Experience
  • Two to five years of related work experience


Skills and abilities
  • Superior financial modeling and analytic skills with a firm understanding of investment theory and financial markets
  • Excellent research and critical thinking skills capable of synthesizing large amounts of data and information in a clear and concise manner
  • Strong written and verbal communication skills
  • Ability to take initiative, manage multiple tasks simultaneously and meet deadlines
  • Willingness to make independent assessments and recommendations
  • Passion for investing and intellectually curious
  • Proven history of success and achievement
  • Desire and ability to work in a team-oriented, collaborative environment


The position is for a three-year appointment. Applications are accepted on a rolling basis.

Physical Requirements:

Remaining in a normal seated or standing position for extended periods of time; reaching and grasping by extending hand(s) or arm(s); dexterity to manipulate objects with fingers, for example using a keyboard; communication skills using the spoken word; ability to see and hear within normal parameters; ability to move about workspace. The position requires mobility, including the ability to move materials weighing up to several pounds (such as a laptop computer or tablet).

Persons with disabilities may be able to perform the essential duties of this position with reasonable accommodation. Requests for reasonable accommodation will be evaluated on an individual basis.

Please Note:

This job description sets forth the job's principal duties, responsibilities, and requirements; it should not be construed as an exhaustive statement, however. Unless they begin with the word "may," the Essential Duties and Responsibilities described above are "essential functions" of the job, as defined by the Americans with Disabilities Act.

HHMI is an Equal Opportunity Employer

Job ID: HHMI-R-24