The Rice University Endowment is approximately $6 billion and ranks in the top 20 endowments of private research universities (by market value) in the US. The endowment is critical to the university's ability to achieve its goals. The annual distribution from the endowment funds nearly half of the university's annual operating budget. The Rice Management Company (RMC) was established October 1, 2009, as a division of Rice University. The goal of the RMC is to provide a stable source of funding for current university operations and to preserve and grow the purchasing power of the endowment to benefit future generations of students. The RMC is responsible for all endowment matters of the university including asset allocation, the selection and termination of investment managers and monitoring performance of the portfolio, and reporting to the Rice Management Company Board of Directors. The endowment primarily utilizes outside investment managers and invests globally across all asset classes.
The investment associate position is a full-time, pre-MBA role. The investment associate will be actively involved in all aspects of investment and manager research for the Rice Endowment. The investment associate will report to the operations director and, ultimately, to the chief investment officer. The generalist role will allow an associate broad exposure across asset classes. Associates must have strong work ethic, attention to detail, quantitative and analytic skills, the ability to work in teams, self-motivation, good written and verbal communication skills, experience with computers, and an interest in investing. This is a two-year term appointment with the possibility of an additional third year extension.
Position Status: Full-Time
Rice University is an Equal Opportunity Employer with commitment to diversity at all levels, and considers for employment qualified applicants without regard to race, color, religion, age, sexual orientation, gender identity, national or ethnic origin, genetic information, disability or protected veteran status.
Internal Number: 22354
About Rice University
As a leading research university with a distinctive commitment to undergraduate education, Rice University aspires to pathbreaking research, unsurpassed teaching and contributions to the betterment of our world. It seeks to fulfill this mission by cultivating a diverse community of learning and discovery that produces leaders across the spectrum of human endeavor.