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Russell Reynolds Associates has been exclusively retained by TNC to complete the search for the CIO. Those with interest in the position are encouraged to submit a resume to the following consultants: .
The Office of Investments (OOI) oversees and manages TNCs globally diversified multi-asset class portfolio integrating risk-adjusted returns with mission alignment while maintaining operational excellence and integrity. TNC is seeking a Chief Investment Officer to join and lead the TNC Office of Investments and a high performing team of professionals.
The Nature Conservancy has total assets of $9B of which the Office of Investments is responsible for managing approximately $4B comprised of endowment and other long-term investments. These funds support TNCs global operations and most pressing conservation projects. The Office of Investments mission is to support the funding of TNCs global conservation priorities by increasing the organizations purchasing power through prudent and sustainable investment management. TNCs endowment and long-term investment assets play a pivotal role by providing a stable financial foundation to fund global conservation priorities. With approximately 15% of its operating budget funded from endowment income TNC is deeply committed to prudent and strategic asset management that is vital to the organizations long-term success.
Based in Arlington VA and reporting into the Chief Operating Officer Neel Broker the Chief Investment Officer (CIO) will lead the strategic management of TNCs multi-billion-dollar endowment and long-term investment assets. The CIO is responsible for the formulation recommendation and implementation of an overarching investment policy asset allocation strategy and risk framework ensuring alignment with TNCs mission long-term financial objectives and operating budget funding and needs. The CIO will lead mentor and further develop a high-performing 15-member team providing opportunities for growth and expanded responsibilities for all current and future team members. They will cultivate relationships with external managers and ensure disciplined evidence-based decision-making that advances TNCs conservation mission and performance of the portfolio. This professional will partner closely with a strong and empowering 11-person Investment Committee collaborative Executive Leadership Team and Global Board of Directors as well as other senior leaders and functions across the organization. This professional will be energized by the global reach and impact of TNCs mission and efforts and be able to operate well across the organization to further connect and collaborate on TNC initiatives and opportunities especially as the organization works towards accomplishing 2030 goals and beyond.
Additional key responsibilities include but are not limited to:
Lead the management and strategic growth of TNCs investment portfolio ensuring superior risk-adjusted returns to support conservation priorities and long-term growth of the endowment.
Formulate and recommend investment policy asset allocation strategy and spending guidelines to the Investment Committee; oversee their implementation and ongoing management.
Conduct rigorous due diligence selection and oversight of external investment managers across asset classes including public equities fixed income hedge funds private equity and real assets.
Oversee risk management performance measurement compliance and investment operations in partnership with the COO of the OOI.
Maintain robust internal controls and conduct regular risk assessments; proactively mitigate emerging risks and leverage new opportunities including technology and AI-driven investment tools.
Collaborate closely with the CFO and Finance team to develop short-term and long-term spending plans and operating budget needs for the endowment.
Engage regularly with the Investment Committee providing timely transparent reporting and strategic insights into investment performance and market dynamics.
Serve as a senior ambassador of TNCs investment strategy and mission fostering relationships with investment partners donors financial intermediaries and other stakeholders.
Partner with TNCs Development team to align investment strategy with fundraising efforts and donor engagement encouraging mission-aligned capital raising.
Foster a culture of intellectual honesty collaboration continuous improvement and mission alignment within the investment team.
Direct the maintenance of TNCs financial records related to investment activities ensuring accuracy and compliance with applicable standards.
Conduct ad-hoc analyses as requested by the COO Investment Committee or other stakeholders.
Stay informed on global investment trends regulatory developments and innovations to enhance the portfolios resilience and impact.
The successful candidate will have 15 years of institutional investment management experience with at least 10 years in leadership roles managing complex multi-asset class portfolios. Experience at an endowment foundation hospital system investment consultant OCIO and/or sophisticated investment management organization is preferred as is a leader who drives best-in-class thinking and investment processes with an innovative team-oriented collaborative approach. This professional will have a demonstrated track record of achieving superior risk-adjusted returns including experience with asset allocation manager selection risk management and co-investments. This professional will have strong alignment with and be motivated by furthering the mission of TNC achieving the organizations 2030 goals and supporting and growing the investment team to achieve results and success to help drive the global impact of TNC.
In terms of specific competencies and additional professional and behavioral attributes we would highlight the following:
Setting Strategy and Executing for Results
Deep expertise across public and private markets including direct investing and co-investments.
Forward-thinking approach and an appreciation for emerging technologies and AI-enabled decision-making tools to enhance investment strategies and portfolio resilience.
Foster innovative imaginative and ground-breaking ideas to address complex global conservation challenges. Support creativity within the team and among partners.
Uphold honesty dependability accountability and sound judgment. Maintain the highest standards of ethical conduct in all investment decisions.
The ability to set clear and challenging goals while committing to improved performance; tenacious and accountable in driving results.
Leading Teams
Proven leadership skills with the ability to mentor and inspire high-performing mission-aligned investment teams. A great listener as well as strong communicator able to clearly articulate goals growth opportunities receive and provide feedback etc. A professional who is also able to connect the investment team and endowment efforts to and with broader TNC initiatives.
High EQ and IQ. Ability to foster a culture of learning idea sharing strong performance and apprenticeship within the investment team. Additionally the ability to work across the global footprint and functions within TNC to further the mission development efforts and success of the organization.
Unquestioned ethics integrity and commitment to transparency in all aspects of leadership ensuring alignment with organizational values and long-term goals.
Embrace continuous learning and actively seek new understanding knowledge and skills. Promote knowledge sharing and collective growth across the organization and with partners.
Ensure fair treatment access opportunity and advancement for all individuals. Promote an authentic environment where everyone feels welcomed respected and valued.
Relationship Management and Influence
Exceptional relationship-building abilities with experience engaging and presenting to Investment Committees Boards of Directors executive leadership and external partners on regular and ad hoc bases.
Outstanding communication skills capable of translating complex investment strategies performance data and market insights to stakeholders with varying levels of financial expertise.
Excellent diplomatic facilitation and negotiation skills.
Demonstrate empathy and an ability to understand and appreciate different perspectives. Act with kindness and respect in all interactions fostering collaboration across cultures and geographies.
Technical Mastery
Understanding of derivatives and overlay strategies including their role in risk management enhancing portfolio returns and optimizing asset allocation.
Technical grounding in modern portfolio theory and a deep appreciation of balancing risk and reward dynamics to drive portfolio performance.
Familiarity with portfolio management systems and investment tools (e.g. Bloomberg Capital IQ Backstop TS Venn).
Advanced degree (MBA CFA or equivalent) preferred.
TNCs CIO will embody OOIs core values which guide all OOIs decisions and behaviors:
Our Team is Our Edge Foster collaboration and growth within the investment team.
Clarity over Conviction Prioritize evidence-based decision-making.
Transparency is the Foundation Ensure open communication and accountability.
Committed to the Hard Work of Equity & Inclusion Advance diversity and inclusion across all investment activities.
The Nature Conservancys mission is to protect the lands and waters upon which all life depends. As a science-based organization we create innovative on-the-ground solutions to our worlds toughest challenges so that we can create a world in which people and nature thrive. Were rooted in our Mission and guided by our Values which includes a Commitment to Diversity and Respect for People Communities and Cultures. Whether its career development flexible schedules or a rewarding mission theres lots of reasons to love life #insideTNC. Want a better insight to TNC Check out our TNC Talent playlist on YouTube or on Glassdoor.
Our goal is to cultivate an inclusive work environment so that all our colleagues around the globe feel a sense of belonging and that their unique contributions to our mission are valued. We know well only achieve our Mission by hiring and engaging a diverse workforce that reflects the communities in which we addition to the requirements in our postings we recognize that people come with talent and experiences outside of a job. Diversity of experience and skills combined with passion is a key to innovation and a culture of inclusion! Please apply wed love to hear from you. To quote myriad TNC staff members youll join for our mission and youll stay for our people.
Since 1951 TNC has been doing work you can believe in. Through grassroots action we have grown from a small non-profit into one of the most effective and wide-reaching environmental organizations in the world. Thanks to more than 1 million members over 400 scientists and the dedicated efforts of our diverse staff and partners we impact conservation around the world!
TNC offers a competitive comprehensive benefits package including health care benefits flexible spending accounts a 401(k) plan with an 8% employer match parental leave accrued paid time off life insurance disability coverage employee assistance program other life and work well-being benefits. Learn more about our Benefits and Perks here.
Were proud to offer a flexible work environment that supports of the health and well-being of the people we employ.
The Nature Conservancy is an Equal Opportunity Employer. Our commitment to diversity includes the recognition that our conservation mission is best advanced by the leadership and contributions of people of diverse backgrounds beliefs and culture. Recruiting and mentoring staff to create an inclusive organization that reflects our global character is a priority and we encourage applicants from all cultures races colors religions sexes national or regional origins ages disability status sexual orientation gender identity military protected veteran status or other status protected by law.
The successful applicant must meet the requirements of The Nature Conservancys background screening process.
Do you have military experience Visit our U.S. Military Skills Translator to match your military experience with our current job openings!
TNC is committed to offering accommodations for qualified individuals with disabilities and disabled veterans in our job application process. If you need assistance or an accommodation due to a disability please send a note to with Request for Accommodation in the subject line.
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