Department:
10222 Advocate Aurora Health Corporate - Investments
Status:
Full time
Benefits Eligible:
Yes
Hours Per Week:
40
Schedule Details/Additional Information:
Candidates located in or willing to relocate to the Charlotte or Chicago areas are preferred. However, remote applicants with strong, relevant experience residing in the following states will also be considered.
AL, AK, AR, AZ, DE, FL, GA, IA, ID, IL, IN, LA, KS, KY, ME, MI, MO, MS, MT, NC, ND, NE, NH, NM, NV, OH, OK, PA, SC, SD, TN, TX, UT, VA, WI, WV, WY.
Performs critical investment operations functions for all investment portfolios for Advocate Health, Inc. and related entities including Advocate Health Care, Aurora Health Care and Atrium Health and their retirement plans. Oversees the timely and accurate reporting of investment information to both internal and external stakeholders. Acts as a liaison with treasury and accounting departments, maintaining strong working relationships with custodians and auditors. Coordinates investment operations projects and actively participates in the audit process.
Major Responsibilities:
Performance Reporting: Prepares regular investment reports for investment and management committees.
Portfolio Reconciliation & Valuations: Performs reconciliations to ensure consistency between Advocate’s records and external custodians. Ensures valuations, transactions (including capital calls and distributions) are correctly recorded in Advocate’s internal investment system, Dynamo.
Transaction Execution: Works with external managers and counterparties to complete investment documentation, including subscription agreements, account opening forms, and KYC/AML documentation. Processes trades and wires through the custodian’s systems and books trades in Dynamo.
Investment Analytics: Analyzes investment data and provides timely and accurate investment information to investment staff, accounting staff, internal and external auditors, rating agencies, and governing committees.
Cash Management: Oversees the preparation of weekly cash forecasts, trade plans, and asset allocation reporting. Processes capital calls and ensures accurate tracking of private fund commitments.
Audit Support: Participates in the audit process for both corporate and retirement plan audits. Prepares required audit schedules and provides ad hoc data analysis requested by internal and external auditors. Works closely with auditors to answer questions and provide insight and context around investment data.
Process Improvement and Controls: Identifies, analyzes, and resolves operational challenges from start to finish. Partners with team members to design processes that implement improvements, enhancing efficiency and reducing risks.
Education/Experience Required:
-
Bachelor’s Degree in Finance, Accounting or related field
-
2- 5 years of experience in investment operations
Education/Experience Preferred:
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Experience with private equity, venture capital, credit, real asset and/or hedge funds, specifically as it relates to valuations, transactions (including capital calls and distributions) and accounting
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Experience with an institutional allocator (e.g., endowment, foundation, pension, family office, OCIO, fund of funds) or with a consultant or fund administrator/custodian
Knowledge, Skills & Abilities Required:
- Intellectual curiosity and rapid learning ability
- Strong numerical proficiency for multi-level information analysis
- Willingness to understand colleagues' roles for better institutional investing comprehension
- Ability to prioritize independently and respond to multiple simultaneous requests
- Ability to work in a changing environment and under stressful conditions
- Desire to analyze processes and procedures and seek improvements
- Capability to foresee second and third-order impacts
- Strong Excel capabilities
Pay Range
$32.45 - $60.45
Our Commitment to You:
Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:
Compensation
- Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training
- Premium pay such as shift, on call, and more based on a teammate's job
- Incentive pay for select positions
- Opportunity for annual increases based on performance
Benefits and more
- Paid Time Off programs
- Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
- Flexible Spending Accounts for eligible health care and dependent care expenses
- Family benefits such as adoption assistance and paid parental leave
- Defined contribution retirement plans with employer match and other financial wellness programs
- Educational Assistance Program
About Advocate Health
Advocate Health is the third-largest nonprofit, integrated health system in the United States, created from the combination of Advocate Aurora Health and Atrium Health. Providing care under the names Advocate Health Care in Illinois; Atrium Health in the Carolinas, Georgia and Alabama; and Aurora Health Care in Wisconsin, Advocate Health is a national leader in clinical innovation, health outcomes, consumer experience and value-based care. Headquartered in Charlotte, North Carolina, Advocate Health services nearly 6 million patients and is engaged in hundreds of clinical trials and research studies, with Wake Forest University School of Medicine serving as the academic core of the enterprise. It is nationally recognized for its expertise in cardiology, neurosciences, oncology, pediatrics and rehabilitation, as well as organ transplants, burn treatments and specialized musculoskeletal programs. Advocate Health employs 155,000 teammates across 69 hospitals and over 1,000 care locations, and offers one of the nation’s largest graduate medical education programs with over 2,000 residents and fellows across more than 200 programs. Committed to providing equitable care for all, Advocate Health provides more than $6 billion in annual community benefits.
Top Skills
What We Do
Frost provides banking, investments, and insurance services to businesses and individuals throughout Texas. Founded in 1868, Frost is one of the 50 largest U.S. banks by asset size.
At Frost, everything we do is aimed at making customers’ lives better. We do it by creating and delivering great experiences to them every time they interact with us. Through teamwork, collaboration and a commitment from everyone involved, we’ve succeeded in that goal time and time again. And we’re incredibly proud of the results—technology that helps us serve our customers, industry-leading security that inspires confidence and a quick and agile workforce that serves our customers in ways no other bank can.
Frost is an Equal Opportunity Employer and does not discriminate on the basis of any protected trait including sex, sexual orientation, gender identity, race, ethnicity, disability, or veteran status. For more information on our social media policies, please visit frostbank.com/social.
