Investment Operations Analyst/Senior Analyst
Job ID:
R142746
Shift:
1st
Full/Part Time:
Full_time
Pay Range:
$32.45 – $60.45
Location:
Carolinas Medical Center – 1000 Blythe Blvd, Charlotte, NC
Charlotte, NC 28203
00000
Chicago, IL 60176
2025 Windsor Dr
Oak Brook, IL 60523
0000
Allenton, WI 53002
Benefits Eligible:
Yes
Hours Per Week:
40
Our Commitment to You:
Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:
Compensation
- Base compensation within the position’s pay range based on factors such as qualifications, skills, relevant experience, and/or training
- Premium pay such as shift, on call, and more based on a teammate’s job
- Incentive pay for select positions
- Opportunity for annual increases based on performance
Benefits and more
- Paid Time Off programs
- Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
- Flexible Spending Accounts for eligible health care and dependent care expenses
- Family benefits such as adoption assistance and paid parental leave
- Defined contribution retirement plans with employer match and other financial wellness programs
- Educational Assistance Program
Schedule Details/Additional Information:
Candidates located in or willing to relocate to the Charlotte or Chicago areas are preferred. However, remote applicants with strong, relevant experience residing in the following states will also be considered.AL, AK, AR, AZ, DE, FL, GA, IA, ID, IL, IN, LA, KS, KY, ME, MI, MO, MS, MT, NC, ND, NE, NH, NM, NV, OH, OK, PA, SC, SD, TN, TX, UT, VA, WI, WV, WY.
Performs critical investment operations functions for all investment portfolios for Advocate Health, Inc. and related entities including Advocate Health Care, Aurora Health Care and Atrium Health and their retirement plans. Oversees the timely and accurate reporting of investment information to both internal and external stakeholders. Acts as a liaison with treasury and accounting departments, maintaining strong working relationships with custodians and auditors. Coordinates investment operations projects and actively participates in the audit process.
Major Responsibilities:
Performance Reporting: Prepares regular investment reports for investment and management committees.
Portfolio Reconciliation & Valuations: Performs reconciliations to ensure consistency between Advocate’s records and external custodians. Ensures valuations, transactions (including capital calls and distributions) are correctly recorded in Advocate’s internal investment system, Dynamo.
Transaction Execution: Works with external managers and counterparties to complete investment documentation, including subscription agreements, account opening forms, and KYC/AML documentation. Processes trades and wires through the custodian’s systems and books trades in Dynamo.
Investment Analytics: Analyzes investment data and provides timely and accurate investment information to investment staff, accounting staff, internal and external auditors, rating agencies, and governing committees.
Cash Management: Oversees the preparation of weekly cash forecasts, trade plans, and asset allocation reporting. Processes capital calls and ensures accurate tracking of private fund commitments.
Audit Support: Participates in the audit process for both corporate and retirement plan audits. Prepares required audit schedules and provides ad hoc data analysis requested by internal and external auditors. Works closely with auditors to answer questions and provide insight and context around investment data.
Process Improvement and Controls: Identifies, analyzes, and resolves operational challenges from start to finish. Partners with team members to design processes that implement improvements, enhancing efficiency and reducing risks.
Education/Experience Required:
-
Bachelor’s Degree in Finance, Accounting or related field
-
2- 5 years of experience in investment operations
Education/Experience Preferred:
-
Experience with private equity, venture capital, credit, real asset and/or hedge funds, specifically as it relates to valuations, transactions (including capital calls and distributions) and accounting
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Experience with an institutional allocator (e.g., endowment, foundation, pension, family office, OCIO, fund of funds) or with a consultant or fund administrator/custodian
Knowledge, Skills & Abilities Required:
- Intellectual curiosity and rapid learning ability
- Strong numerical proficiency for multi-level information analysis
- Willingness to understand colleagues' roles for better institutional investing comprehension
- Ability to prioritize independently and respond to multiple simultaneous requests
- Ability to work in a changing environment and under stressful conditions
- Desire to analyze processes and procedures and seek improvements
- Capability to foresee second and third-order impacts
- Strong Excel capabilities
Advocate Health Care in Illinois and Aurora Health Care in Wisconsin are the largest health systems in their respective states. As national leaders in clinical innovation, health outcomes, consumer experience and value-based care, Advocate Health Care and Aurora Health Care serve patients across 28 hospital locations, including two children’s campuses, and nearly 450 sites of care. Both are now a part of Advocate Health, the third-largest nonprofit, integrated health system in the United States, in addition to Atrium Health in the Carolinas, Georgia and Alabama. Committed to providing equitable care for all, Advocate Health provides nearly $5 billion in annual community benefits.
