System Manager, Investment Operations

Company: Dignity Health
Location: San Francisco
Posted on: April 9, 2021

Job Description:

Our organization is moving to a virtual recruitment process until further notice in response to COVID-19 (novel coronavirus disease). Our virtual recruitment process may include telephone/video interviews and other virtual opportunities to connect to make it as safe and convenient as possible for all candidates, employees, and caregivers. Our goal is as always to treat our people, our patients, and candidates with humankindness, -- putting safety first. For more helpful information on how to stay safe and prevent the spread of COVID-19, please click here .
Equal Opportunity
Dignity Health is an Equal Opportunity/ Affirmative Action employer committed to a diverse and inclusive workforce. All qualified applicants will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, parental status, ancestry, veteran status, genetic information, or any other characteristic protected by law. For more information about your EEO rights as an applicant, please click here.

Dignity Health will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c).

External hires must pass a post offer, pre-employment background check/drug screen. Qualified applicants with an arrest and/or conviction will be considered for employment in a manner consistent with federal and state laws, as well as applicable local ordinances, ban the box laws, including but not limited to the San Francisco and Los Angeles Fair Chance Ordinances.

If you need a reasonable accommodation for any part of the employment process, please contact us by telephone at (415) 438-5575 and let us know the nature of your request--. We will only respond to messages left that involve a request for a reasonable accommodation in the application process. We will accommodate the needs of any qualified candidate who requests a reasonable accommodation under the Americans with Disabilities Act (ADA). Fraud Alert: Please be aware of scams involving fraudulent job postings. Learn more CommonSpirit Health - Preboard - System Manager, Investment Operations in San Francisco, California - Careers at CommonSpirit Health National Offices Skip to Main Content Please Enable Cookies to Continue Please enable cookies in your browser to experience all the personalized features of this site, including the ability to apply for a job. Welcome page Welcome page Returning Candidate? Log back in! System Manager, Investment Operations Job ID 2021-160969 Employment Type Full Time Department Investment Management Hours / Pay Period 80 Facility Dignity Health System Office Shift Day Standard Hours Mon-Fri (8-5PM) Work Schedule 8 Hour Location CA-San Francisco Overview CommonSpirit Health is a nonprofit, Catholic health system dedicated to advancing health for all people. It was created in February 2019 through the alignment of Catholic Health Initiatives and Dignity Health. CommonSpirit Health is committed to creating healthier communities, delivering exceptional patient care, and ensuring every person has access to quality health care. With its national office in Chicago and a team of approximately 150,000 employees and 25,000 physicians and advanced practice clinicians, CommonSpirit Health operates 137 hospitals and more than 700 care sites across 21 states. In FY 2019, Catholic Health Initiatives and Dignity Health had combined revenues of nearly $29 billion and provided $4.45 billion in
charity care, community benefit, and unreimbursed government programs. Facebook - LinkedIn - Glassdoor Responsibilities Job Summary / Purpose
The CommonSpirit Health System Manager, Investment Operations is responsible for managing the day-to-day operations of the investment program, coordinating with third-party vendor relationships including custodian and back office providers, and working with other areas of CommonSpirit Health around financial, audit, and tax items related to the investment program.

Essential Key Job Responsibilities
The System Manager, Investment Operations is an experienced investment operations professional who provides effective leadership to the investment operations function for a $20+ billion investment program comprised of multiple pools of capital. In that capacity, the System Manager has specific responsibilities for:1. Daily management of investment program operations-- Oversee the entry of all trades and cash movements into the online custodial system.-- Oversee tracking of cash flow balances by pool of capital to help manage cash and rebalancing needs.-- Coordinate required paperwork around deposits and withdrawals related to internal and external accounts.-- Ensure appropriate internal controls, and checks and balances are implemented across investment operations activities.-- Work with the CIO and Investment Operations Management to direct the custodian and investment managers on items related to regular and ad hoc cash flows, manager trades, opening or closing of participant accounts, country filings, corporate actions, and other operational matters.---- Conduct the fee analyses on investment program activities.-- Coordinate required paperwork with custodian on tax reclaims for client activity in foreign markets.-- Coordinate with Mission and Advocacy on shareholder advocacy and related needs and issues.-- Maintain and communicate the restricted list to investment managers.-- Conduct research and analysis on a variety of evolving topics and handle ad hoc projects, analysis, presentations, and reports.-- Coordinate the establishment of new investment manager relationships including overseeing the completion of agreements, documentation, and opening of custodial account.-- Facilitate the donation of securities received from foundations and oversee the liquidation process.-- Evaluate invoices against fee schedules for investment managers and external vendors.2. Coordination with Financial Reporting--- Work closely with Investment Operations Management on the quarterly and annual audit cycle and tax reporting items related to the investment program (i.e. ASC 820, liquidity terms, working trial balances, etc.)--- Liaise and work with Financial Reporting around other needs related to the investment program, including but not limited to assisting in gathering K-1 reports, coordinating charitable remainder trust payments, and assisting with information related to tax reporting and filings.--- Coordinate reporting and valuation of the direct investment portfolio with the custodian and other avenues as appropriate through regular discussions with executives at the underlying companies.3. Leadership--- Working closely with Investment Operations Management, to oversee, train, and mentor operations staff.-- Implement and document best practices.--- Work with Investment Operations Management to recruit, develop and retain first-rate talent and foster a team-oriented culture of intellectual curiosity, analytical rigor and creativity.--- Develop and cultivate strong, collegial, positive working relationships with other members of the investment team.--- Communicate and partner effectively with Investment Operations Management; CIO; and SVP, Treasury & Strategic Investments on a mix of strategic and tactical issues.----- Establish and maintain strong relationships with industry partners.4. Coordination with Broader Investment Team-- Maintain and work with investment operations staff to regularly update investment managers' document archive of periodic legal/compliance, operational, regulatory, marketing and financial statements.-- Collaborate and cross-train with investment risk and compliance to provide adequate coverage of operational and risk functions. Analyze and assist with regular reviews of asset class attributes as well as overall portfolio and market characteristics, including exposures, performance, liquidity and key risks.-- Support investment and risk management efforts by gathering, maintaining, and processing a variety of portfolio and economic data.-- Assist with ensuring the accuracy of performance reporting and report reconciliation, as needed.5. Assist with quarterly socially responsible investment review processes with investment managers and highlight key issues or risks observed to team Relationship management--- Operate as day-to-day custodial and administrator contact. Coordinate with Investment Operations staff in managing and regularly evaluating custodial and back office relationships.-- Serve as a point of contact for requested documentation from investment managers, vendors, and investor relations.-- Ensure investment operations team provides excellent client service to investment program participants including supporting transactions, answering questions, audit requests, etc.--- Regularly monitor and evaluate securities lending practices. --- Assist risk management with needs around performance reporting requirements and risk management systems.--- Coordinate with Mission and custodian to facilitate appropriate tracking of community investments.--- Ensure appropriate training is made available to staff related to custodial technology systems. Qualifications Minimum QualificationsRequired Education and Experience
Minimum 5+ years' related experience in an investment operations or back office role at a custodian, investment management firm, outsourced CIO firm, large nonprofit (e.g. healthcare, endowment, foundation), corporate/public pension fund or family office. Strong understanding of how to build and manage the investment operations function for a large and complex investment program.

Bachelor's degree. Graduate degree and/or CFA preferred.
Required Minimum Knowledge, Skills, Abilities and Training
-- High ethical and professional standards including a genuine interest in the values of CommonSpirit Health.-- Strong understanding of relevant financial, mathematical and accounting techniques as well as cash, FX and securities trading, settlement, cash movement governance, and global capital markets.-- Specific interest in and knowledge of investment operations. Experience and interest in the health care industry preferred.-- Deep intellectual curiosity and critical reasoning skills with sound judgment and capacity to ask insightful questions.-- Meticulous attention to detail and superior organizational, quantitative, and analytical skills.-- Motivated self-starter and problem-solver with a demonstrated track record of producing high quality deliverables on tight deadlines under minimal supervision.-- Clear ability and willingness to juggle multiple tasks, respond to changing priorities, and contribute to areas beyond the direct scope of responsibilities.-- Collegial and collaborative attitude; able to work effectively in a diverse team and in a team-oriented culture.-- Strong interpersonal, verbal, and written communication skills and high degree of professionalism.-- Proficiency in utilizing spreadsheets and learning new technology systems. Options Apply for this job online Apply Share Email this job to a friend Refer Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Share on your newsfeed Loading... Connect With Us! Not ready to apply, or can't find a relevant opportunity?

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Keywords: Dignity Health, San Francisco , System Manager, Investment Operations, Accounting, Auditing , San Francisco, California