Investment Allocation Associate
Fairfax, VA - USA
Job Summary
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By joining the American Red Cross you will touch millions of lives every year and experience the greatness of the human spirit at its best. Are you ready to be part of the worlds largest humanitarian network
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Job Description:
Joining the American Red Cross is like nothing else its as much something you feel as something you do. You become a vital part of the worlds 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 youll have mentors who empower your growth along a purposeful career path. You align your lifes work with an ongoing mission thats bigger than all of us. As you care for others youre 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 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: Bachelors 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 $108000 -$115000
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
Apply now! Joining our team will provide you with the opportunity to
make your career a force for good!
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 Red Cross is proud to be an EONS partner and share our employment opportunities with the network of organizations.
Interested in Volunteering Visit to learn more including our most-needed volunteer positions.
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Required Experience:
IC
About Company
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