Senior Operations Associate

The University of Virginia Investment Management Company (UVIMCO) provides investment management services to the University of Virginia and associated organizations. UVIMCOs team represents an exceptional group of investment management professionals who are grounded in the mission and values of the University of Virginia. We manage approximately $15 billion for the University of Virginia and are proud of the positive impact that our work has on generations of UVA students faculty staff and patients.

UVIMCO currently employs approximately forty-seven full-time staff who are primarily located in Charlottesville VA. We value integrity service excellence and passion.

Why Join Us

• Support UVAs mission: Our investment returns directly support scholarships programs research and other initiatives to benefit current and future students faculty patients and staff of the University.
• Strong culture: UVIMCO fosters a collegial flat and collaborative work environment. The firm prioritizes employee well-being and maintains a strong work-life balance. Staff are united by a passion for our mission a love of learning and a commitment to preserving UVIMCOs record of excellence.
• Generous employment benefits: UVIMCO offers a competitive salary and a business casual work setting. We are located on the Downtown Mall in Charlottesville VA.

Position Overview

UVIMCO is seeking an experienced professional to join the team who manages the day-to-day investment operations functions of UVIMCO. The Senior Operations Associate will work closely with other teams within UVIMCO and frequently with external groups including the University investment managers custodian banks auditors and other service providers. This positions primary responsibilities include valuation of certain investment vehicles cash flow management transaction accounting and reconciliations financial audit and tax reporting and data management. The successful candidate will be collaborative in nature but be able to handle responsibilities with a high level of independence demonstrate initiative attention to detail and the ability to manage and prioritize workflow.

Responsibilities include:

• Valuation of investments to strike the NAVs for the Long Term Pool and/or Short Term Pool with minimal oversight;
• Participate in cash planning and processing for investment-related and shareholder cash flows;
• Provide comprehensive investment-related audit support and assist in the preparation of UVIMCOs audited financial statements regulatory and tax filings;
• Ownership of assigned operations processes or strategies ensure accuracy and timeliness in completion or review;
• Maintain a strong understanding of the daily monthly and annual operations timelines and responsibilities be willing to pivot easily into new tasks when coverage is needed;
• Perform analysis of fund reporting understand and interpret manager terms (including commitment liquidity management fees incentive fees) and valuation policies to perform ongoing manager due diligence;
• Proactively review current processes and creatively identify potential process improvements to ensure that processes and data are managed appropriately and to mitigate potential risks;
• Analyze and update operations staff on applicable changes and proposed changes by investment managers and their effect on operations processes;
• Work closely with other internal teams to develop and execute projects;
• Proactively seek out ways to support the investment team with operational data and processes understand how operations data is used across the organization;
• Serve as a resource and provide ad hoc reporting or work on special projects as directed;

Skills and Qualifications

The ideal candidate will possess:

• Minimum of 7 years of related experience and an advanced degree or certification (CPA or CFA);
• Experience in institutional investment operations strongly preferred but candidates with a background in audit tax fund accounting/operations treasury operations or other areas of accounting/finance will be considered;
• Strong analytical and critical thinking skills and be able to manage multiple activities accurately efficiently and independently;
• Ability to be highly flexible in a fast-paced environment with evolving job responsibilities and embracing new technology/systems;
• Excellent verbal and written communication skills.

The Opportunity

This is a chance to step into a high-impact role where your expertise will directly strengthen UVIMCOs ability to support UVAs mission for generations to come. If you have a passion for investment operations a generalist mindset and enjoy making a meaningful impact consider applying for this exciting opportunity.

Please note that this position is based in-office in Charlottesville VA and that UVIMCO is unable to sponsor employment-related visas for this position.