Job Description
ABOUT THE DAVID AND LUCILE PACKARDFOUNDATION Foundedin 1964 by David and Lucile Packard, the Packard Foundation is a familyphilanthropy dedicated to supporting leaders and organizations around the worldworking to invest in children and families, protect and restore the naturalworld, and create just and inclusive societies.
Formore than six decades, the Foundation has advanced scientific innovation,championed reproductive health and rights, conserved and restored our naturalworld, and invested in the well-being of children and families. To achievelasting change, we also strive to address root causes of longstanding problems,including building a thriving, resilient U.S. democracy; advancing racialjustice in the United States and gender equity globally; and supporting astrong civil society around the globe.
Inclusivecollaboration is the heart of our approach. We believe that actively listeningto and learning from people with a wide range of views is the best way tocreate solutions that match the scale and urgency of the challenges we face. Weare dedicated to supporting community-based solutions shaped by the knowledgeand experience of the people whose lives are most affected and informed bydata. We recognize that meaningful solutions require patience, urgency, andsupporting the conditions for transformational change. We are committed toaddressing complex issues over the long term while making tangible progresstoday.
OUR VISION: A just and equitable worldwhere both people and nature flourish.
OUR MISSION: We work with people andcommunities to create enduring solutions for just societies and a healthy,resilient natural world.
OUR VALUES: Equity, Integrity, Beliefin Individual Leadership, Thinking Big, Respect, and Effectiveness.
DEPARTMENT OVERVIEW The Investments team is a 13-person team comprised of nine investment professionals and four operations and administrative professionals. We invest the Foundation's $9 billion endowment portfolio across asset classes such as public and private equities, venture capital, real estate, hedge funds, and fixed income and across geographies such as the United States, China, India, Latin America, and Europe, creating a stream of payments to the Foundation's charitable programs. Our goal is to generate excellent risk-adjusted returns that are sufficient to fund the Foundation's grantmaking activities, while preserving the real value of the portfolio over the long term. We invest by finding the world's best fund manager talent and building long-term relationships with these funds. We work closely and collaboratively, valuing intellectual curiosity, debate, and teamwork.
POSITION SUMMARY The Investment Analyst role is a generalist position, working broadly on investments across the portfolio and with various senior team members on all aspects of the investment process. You will have the opportunity to interact with some of the most talented fund managers in the world while serving as the analytical backbone for our small team and learning the fundamentals of investing.
PRIMARY DUTIES AND RESPONSIBILITIES Collect, analyze, and synthesize portfolio-wide data related to exposures (e.g., geographic and sector exposure, liquidity, asset allocation) and performance
Monitor and share news flow and industry research relevant to the portfolio
Conduct analyses on existing and prospective fund managers to gain insights into historical performance and investment strategy
Participate in meetings with existing and prospective fund managers as part of due diligence and portfolio monitoring
Prepare materials for discussion with the Investment Committee (e.g., investment memos, strategy roadmaps, asset allocation, etc.)
Build relationships with colleagues at peer institutions and fund managers
Be in person in our Los Altos, CA headquarters three days per week
QUALIFICATIONS
Education Bachelor's degree required
Willingness to participate in the Chartered Financial Analyst (CFA) program
Experience Up to two years of work experience in an analytical role relevant to investing (e.g., investment management, consulting, investment banking, or other)
Knowledge, Skills, and Abilities Strong interest in investing as a career
Strong and demonstrated quantitative and analytical skills
Strong orientation to detail and accuracy; excellent organizational skills
Excellent written and oral communication skills
High level of intellectual curiosity and ability to think critically
High degree of integrity and honesty
Demonstrated ability to be a self-starter, multi-task, and work well both independently and as a member of a team
Comfort with Microsoft Excel or similar tools to analyze large amounts of data
Familiarity with Microsoft Word, PowerPoint, and Outlook
This role requires occasional travel, estimated at 20% of the time. Travel is typically planned and occurs on an as-needed basis.
Work Authorization: At this time, we are unable to sponsor employment visas or consider candidates who will require visa sponsorship now or in the future. All applicants must be legally authorized to work in the United States on a full-time basis without current or future sponsorship.
COMPENSATION AND BENEFITS Theposition is full-time. The starting salary range for this position based in California is $117,000 to $129,000 annually, not including annual incentive award opportunity. This salary range is an estimate, and the actual salary may varybased on various factors, including without limitation individual education,experience, tenure, certification, skills, and abilities, as well as internalequity and alignment with market data. Offers are based onthe candidate's years of experience and our practice of upholding salary equitywithin the foundation.
The Davidand Lucile Packard Foundation offers excellent benefits for eligible employees.Current benefits include medical (HMO and HDHPs), dental and vision coverage;15% employer contribution to employee retirement plan; life insurance,disability insurance, vacation, and sick leave; an adoption benefit; fertilitybenefit; a financial wellness program; health advocacy services, paid time offto volunteer for nonprofit organizations; matching grants for employeecontributions to tax exempt organizations; commute assistance; and tuitionassistance.
HYBRID WORK POLICY The Packard Foundation's current Hybrid Work Policy is that staff are expectedto be in the office on Tuesdays and Wednesdays each week. The Investments team is expected to be in person three days per week.
EQUALEMPLOYMENT OPPORTUNITY TheFoundation is an equal employment opportunity employer, which means we recruit,hire, assign, train, promote, compensate, provide benefits, discipline, anddischarge (and all the other terms and conditions of employment) based onmerit, qualifications, job requirements, and other legitimate businessfactors.
Job Tags
Full time, Work experience placement, Work at office, Visa sponsorship, Work visa, 3 days per week