DIRECTOR OF INVESTMENTS, Investment Office

Boston University

Founded in 1839 Boston University (BU) is a leading private research university located in the heart of Boston Massachusetts. With more than 37000 students from all 50 states and over 140 countries BU is one of the largest private universities in the United States and a major employer in the Boston area. The Universitys 17 schools and colleges span a broad range of disciplines across the Charles River Fenway and Medical Campuses as well as a global network of study abroad programs in more than 30 cities worldwide.

BU is recognized for its commitment to academic excellence impactful research and global engagement. Faculty across the University are leaders in their fields advancing interdisciplinary scholarship and securing significant sponsored research funding each year.

Under the leadership of President Melissa Gilliam Boston University is advancing a strategic vision focused on academic excellence innovation community impact and global leadership. The University is committed to fostering an inclusive and collaborative environment strengthening connections across disciplines and preparing students to contribute meaningfully to a rapidly changing world.

The Opportunity

BU created the investment office in 2007 with the goal of building a best-in-class investment 2011 after the inaugural CIO Ms. Peedin left to become the CIO of her alma mater Lila Hunnewell became the second CIO. Previously Ms. Hunnewell spent 20 years advising endowments at Cambridge Associates after beginning her career in investment banking.

The BU investment team manages a diversified global portfolio with approximately $4 billion in assets. As the investment experts for the University the team has a high degree of investment autonomy. The investment office looks to maximize risk-adjusted returns within the context of the Universitys overall strategy and financial condition.

The investment office at Boston University seeks a skilled investment professional with Privates experience to join its team. While all the investment offices team members are generalists the senior members may have specialized expertise in one or more areas and/or asset classes. To manage the portfolio in an integrated fashion and focus on directing the marginal dollars to the best opportunities all team members contribute to the investment process discussions and decisions across the entire portfolio. Ideal candidates will be those who enjoy working on a team discussing investment ideas developed from rigorous data-driven-analytical work and qualitative assessment and sharing their knowledge with colleagues. The investment team currently comprises three Directors one AssociateDirector two Associates three Analysts all reporting to the CIO. The CIO reports to the President of the University.

This new hire will be a key senior member of the team expected to work closely with the most-Privates-oriented Investment Director to affect a smooth transfer of responsibilities and relationships over the next 12-18 months while also pro-actively contributing to generalist investment activities. The position is located in Boston Massachusetts; global travel with team members or independently will be required. Compensation is commensurate with experience with a base salary range of $350000 $750000 annually with a bonus opportunity. Investment office members have the option to work remotely 2 days a week post an initial integration period.

The ideal candidate for this opportunity will have the following qualifications and experience:

Demonstrated investment judgment and curiosity
Working knowledge of portfolio construction and management
Expertise in Privates including a network of managers and fellow investors
Demonstrated track record in investment manager evaluation (due diligence selection and monitoring)
A broad approach to evaluating risks and informing investment decisions
Experience (a) developing and presenting investment materials to multiple constituents (investment office investment committee and other University constituents) and (b) responding to audience questions
Membership on a team whose shared responsibility is a work product that requires input from and the cooperation of all members
At least 10 years of relevant investment experience
MBA and/or CFA

Personal and Professional Characteristics:

Desire to be an integral member of the investment office helping to further enhance its reputation as a sophisticated global investor and supportive partner
Committed to the teams data-informed decision-making processes
Informed investment view and philosophy; willingness to think outside the box
Ability to synthesize information to make a concise presentation (verbal or written)
Ability to work independently and be a team player not a loner
Ability to maintain mutually respectful relationships with investment managers
Strong verbal and written communication skills
Responsible organized and timely professional
Willingness to share knowledge and teach/mentor colleagues
A sense of humor
Unquestioned integrity and dedication

Please send nominations and applications with a detailed letter of interest and a resume to:

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race color natural or protective hairstyle religion sex age national origin physical or mental disability sexual orientation gender identity genetic information military service pregnancy or pregnancy-related condition or because of marital parental or veteran status. We are a VEVRAA Federal Contractor.