The New School was founded by forward-thinking educators in 1919 to defy the intellectual constraints of a traditional college education. The Asset and Risk Management analyst provides independent, rigorous analysis of the universityâ™s debt, investments, real estate and insurance portfolios. Develops and enhances the framework for asset and risk management monitoring and reporting processes. Proactively thinks outside of the box and identifies new ways to evaluate risk.
This position reports to the AVP of Asset and Risk Management and will support the universityâ™s treasury operations, investment management, and real estate & insurance functions.Â
The New School is strongly committed to diversity and inclusion in the workplace and particularly seeks applications from members of underrepresented groups, as well as candidates who share this commitment.Â
RESPONSIBILITIES
Treasury Operations
Assist in monitoring daily cash balances and support credit card processes and related eCommerce activitiesÂ
Work with Accounting and IT Security on PCI compliance and annual SAQ filingsÂ
Coordinate and with work campus partners and external bank partners in annual testing, reporting and campaigns
Investment Management/Endowment
Create and maintain of WorkDay Investment Profiles
Report Schwab endowment account income and outgoing wires to Accounting monthlyÂ
Work with the investment consultant to collect investment manager documents for annual audited financial statements and 990 filings (K1, AFS, monthly statements, and foreign investment reports)
Monitor stock gifts accounts and assist with liquidations and transfers
Manage the payment and receipt of capital calls and distributions and monitor investment management fees
Debt Management
Assist with new bond issuances, refundings, defeasances and on-going bond compliance
Assist with LOC renewals and margin draw as needed
Real Estate & Insurance
Follow up with Accounting and external real estate consultant to ensure the University is current on lease payments and rent receiptsÂ
Assist with data gathering and filing of insurance renewals
Support the Universityâ™s sale, purchase, and lease transactionsÂ
General
Monitor investment, real estate and other department email accounts
Other related tasks as assigned
MINIMUM QUALIFICATIONS
Bachelors in Finance or Accounting or related field of study
Minimum of five years experience in treasury operations or investment management
Ability to work effectively and collaboratively with various internal and external constituents
High level of integrity, ethics, and professionalism
Evidence of strong organizational, analytical, and communication skills
Ability to summarize and present complex financial analytics in a variety of formats
Ability to adhere to University COVID-19 PolicyÂ
PREFERRED QUALIFICATIONS
MBA or Masterâ™s degreeÂ
Experience in higher education is strongly preferred
WORK MODE
Hybrid/Remote - Employees hired for this position primarily work remotely with the occasional on-campus presence required with advanced notice. Employees in this role will also be expected to use their best judgment to be on campus when necessary in order to best fulfill the responsibilities of their job descriptions.Â
The New School, a leading university in downtown New York City, offers degree and nondegree academic programs in design, the social sciences, the liberal arts, management, the arts, and media. Students benefit from small classes, superior resources, and renowned faculty members who practice what they teach. Continuing education courses and public programs place the university at the center of New York’s cultural and intellectual life.