Senior Operations Associate

UVIMCO•Charlottesville, VA

4h•Onsite

About The Position

The University of Virginia Investment Management Company (UVIMCO) provides investment management services to the University of Virginia and associated organizations. UVIMCO’s 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. 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 position’s 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. This is a chance to step into a high-impact role where your expertise will directly strengthen UVIMCO’s ability to support UVA’s 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.

Requirements

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

Responsibilities

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 UVIMCO’s 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