Investment Allocation Associate

Job Description:

Joining the American Red Cross is like nothing else - it's as much something you feel as something you do. You become a vital part of the world's largest humanitarian network. Joining a team of welcoming individuals who are exceptional yet unassuming. Diverse, yet uncompromising in unity. You grow your career within a movement that matters, where success is measured in people helped, communities made whole, and individuals equipped to never stop changing lives and situations for the better.

When you choose to be a force for good, you'll have mentors who empower your growth along a purposeful career path. You align your life's work with an ongoing mission that's bigger than all of us. As you care for others, you're cared for with competitive compensation and benefits. You join a community that respects who you are outside of work as much as what you do at work.

Where Your Career is a Force for Good!

We are currently seeking a professional, innovative, and detail-oriented Investment Allocation Associate to use their quantitative skills in supporting the Investment team. The investment team is responsible for managing all the investment assets of the American Red Cross. This is a hybrid work location.

WHAT YOU NEED TO KNOW:

The Associate of Allocation Services is responsible for supporting the analysis and documentation across all steps of the investment process, including the framework, all investment analyses, portfolio construction, implementation, and monitoring. The role entails creativity and mathematical acumen to use, maintain, and evolve the internally developed investment process. This role will be part of the portfolio management function and, as such, will entail future evolution within the portfolio team.

WHERE YOUR CAREER IS A FORCE FOR GOOD:

Support the investment framework. This function involves adapting the framework to new ideas and/or changing concepts. This requires tracking academic or technological advances in portfolio management and analysis tools. Improving IT and manual processes is specifically a result of this function. Function implies support for any investment framework documentation.

Support investment analysis. This function means tracking and analyzing macro-economic conditions across the world. It also involves tracking any valuations of investment exposures across all asset classes. This analysis (of macro and valuations) will be cross-analyzed with investment ideas or concepts developed by banks or managers. Function implies understanding and documenting any valuation or economic scenario analysis.

Support portfolio construction. Portfolio construction has 3 levels: individual strategies, sub-portfolios, and the overall portfolio. It involves design and risk analysis across the 3 levels. Various versions or models are created to be tested under specific conditions, and a final selection is made of the one to implement. Function involves tracking and documenting the strategies and models forecasted under various scenarios.

Support portfolio Implementation. This function implies translating model results into a set of specific transactions to be implemented. Support involves designing a transition plan and a set of specific trade orders for 3rd party execution. In addition, the analyst will support the creation of trades, which will be confirmed by team members with trade approval.

Support Portfolio Monitoring. Function includes designing and tracking performance drivers for strategies, sub-portfolios, and overall portfolios. It also implies comparing results to expectations and searching for improvements to forecasts moving forward. Improvement can come from improving attribution analysis or rethinking portfolio construction. The analyst will help analyze and document any tracking analysis.

WHAT YOU NEED TO SUCCEED:(Qualifications)

Education: Bachelor's degree in engineering, economics, physics, math or a related field required.
Experience: Minimum 3 years of related experience or equivalent combination of education and related experience required.
Skills & Abilities: Knowledge of applicable principles, concepts, practices, and standards. Good interpersonal, verbal, and written communication skills. Basic proficiency in the use of a personal computer, word-processing, spreadsheet applications, and database applications when applicable. Ability to work on a team.
Travel: May travel and participate in meetings and conferences throughout the Red Cross system.

Physical Requirements
Physical requirements are those present in a typical office environment. Operational flexibility is required to meet sudden, unpredictable needs. Ability to use a personal computer, applicable software, and office equipment for sustained periods of time. May include sitting for long periods of time, driving a vehicle, and working under challenging conditions

WHAT WILL GIVE YOU THE COMPETITIVE EDGE:

• A high degree of organizational, analytical, and project management skills, including the ability to anticipate risks, analyze and manage data, problem solve, and develop strategic solutions.
• Demonstrated ability to conceptualize, prioritize, articulate, and execute strategies in a complex and changing environment.
• Ability to perform and thrive under pressure in a rapidly changing and multidimensional environment.

SALARY INFORMATION:

The salary range for this position is $108,000 -$115,000

Note that American Red Cross salaries are aligned with the specific geographic location in which the work is primarily performed. Other factors that may be used to determine your actual salary include your specific skills, the number of years of experience you have, and comparisons to other employees already in this role.

BENEFITS FOR YOU:

As a mission-based organization, we believe our team needs great support to do great work. Our comprehensive package includes:

• Medical, Dental, and Vision plans
• Health Spending Accounts & Flexible Spending Accounts
• PTO: Starting at 15 days a year; based on the type of job and tenure
• Holidays: 11 paid holidays comprised of six core holidays and five floating holidays
• 401K with up to 6% match
• Paid Family Leave Employee Assistance
• Disability and Insurance: Short + Long Term
• Service Awards and recognition

The American Red Cross is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, San Diego Fair Chance Ordinance, the California Fair Chance Act and any other applicable state and local laws.

AmeriCorps, the federal agency that brings people together through service, and its partners - the Peace Corps, AmeriCorps Alums, National Peace Corps Association, and the Service Year Alliance - launched Employers of National Service to connect national service alumni with opportunities in the workforce.American Red Cross is proud to be an EONS partner and share our employment opportunities with the network of organizations.

Interested in Volunteering? Visit redcross.org/volunteertoday to learn more, including our most-needed volunteer positions.

To view the EEOC Summary of Rights, click here: Summary of Rights