If Temporary or Visiting, Estimated End Date: Position Summary and Duties
The Investment and Treasury Analyst position reports to the Associate Vice President for Finance and manages the banking, treasury and investment operations of the University.
- Manage banking and treasury functions (cash flow analysis, foreign exchange transactions, maintenance of accounts and other treasury services, etc.).
- Assist in certain endowment related activities such as executing trades for a small piece of the endowment managed by students, initiating capital calls for investments, and perform other analyses to minimize costs and manage risks.
- Report directly to the AVP for Finance with a dotted line to the Director of Accounting.
- Work with University’s investment consultant and investment custodian to execute re-balancing decisions of Board Investment Committee, including all redemptions and new investments.
- Together with the AVP, execute trading orders and monitor performance of a student-managed endowment fund, the SAP Fund.
- Manage the payment and receipt of capital calls and distributions.
- Monitor endowment cash balances and cash flow activity in the University’s endowment pool, including anticipated inflows and outflows.
- Work with Advancement Office, Controller’s Office, and investment custodian to execute endowment gift stock redemptions.
- Coordinate and document the due diligence process for all new and existing investment managers.
- Forecast annual endowment spending.
- Monitor investment management fees.
- Monitor working capital cash balances daily, ensuring adequate cash is available for operations and capital expenditures while maximizing the amount of cash invested.
- Recommend transfers between banks and within accounts.
- Seek to ensure the University’s working capital cash investment vehicles are appropriate with regard to liquidity, risk, duration, return, fee structure, etc.
- Develop short-term and long-range cash flow projections, including validation of source data and development of key assumptions and risks.
- Ensure the University’s operating cash investment vehicles are appropriate with regard to liquidity, risk, duration, return, and fee structure.
- Assess current treasury operations; make improvements as necessary.
- Oversee all daily bank account activities: ensure that the cash transfer system is managed to efficiently transfer approved transactions while mitigating the risk of fraud; approve wire transfers and movements of cash as required.
- Prepare year-end confirmation letters to investment managers and financial institutions.
- Prepare the NACUBO/TIAA Endowment Study and various reports for rating agencies (Moody’s and Standard & Poor’s).
- Support the Investment Committee of the Board of Trustees, and the Investment Subcommittee of the Marion I. and Henry J. Knott Scholarship Fund, by attending meetings and taking minutes of those meetings.
- Remain up-to-date on the complexities and evolving trends in treasury operations.
- Bachelor’s degree in Finance or a related field.
- Minimum of 3 to 5 years of experience.
- Detail-oriented nature with strong analytical skills.
- Must understand the banking industry and the foreign currency market.
- Strong ability to communicate effectively, both orally and in writing.
- Demonstrate success in working with diverse constituencies.
- Advanced knowledge of spreadsheet and database software.
- Proficiency in Microsoft Office including Word, Excel, Outlook and PowerPoint.
- Ability to effectively interpret University and departmental personnel and accounting policies, procedures and practices.
- Ability to support the mission and values of a Catholic Jesuit education, as well as University goals for institutional diversity.
- Master’s degree preferred.
- Experience in finance or treasury operations preferred.
Job Posting Date 05/17/2019 Priority Application Deadline Date Job Close Date Anticipated Start Date University Description
Loyola University Maryland is a Jesuit, Catholic university committed to the educational and spiritual traditions of the Society of Jesus and to the ideals of liberal education and the development of the whole person. Accordingly, Loyola inspires students to learn, lead, and serve in a diverse and changing world. Loyola’s beautiful, historic Evergreen campus is located in Baltimore, and its graduate centers are in Timonium and Columbia. Loyola enrolls 4,000 undergraduate and 2,000 graduate students across the Sellinger School of Business and Management, the School of Education, and Loyola College of Arts and Sciences. Founded in 1852, Loyola is one of 28 Jesuit colleges and universities in the United States and the first to bear the name of Saint Ignatius Loyola, founder of the Society of Jesus.
Loyola University Maryland strongly values the benefits that diversity brings to the workplace. In accord with its Ignatian values, the University is committed to creating and promoting a community that recognizes the inherent value and dignity of each person. Loyola University Maryland does not discriminate on the basis of race, sex, color, national or ethnic origin, age, religion, disability, marital status, sexual orientation, gender identity, genetic information, military status, or any other legally protected classification. The University recruits, hires, and promotes in accord with this policy and its Core Values.
Special Instructions to Applicants
Successful candidates for any staff, faculty, or administrative position at Loyola University Maryland will be subject to a pre-employment background check.