Investment Operations Analyst
Job Description
Department
Investment Operations Staff
About the Department
Job Summary
The Investment Operations Analyst supports the Investment Office’s operational data management and reporting needs. Reporting to a manager and working closely with senior analysts, the Analyst assists with internal controls, data collection, reconciliation, reporting, and documentation. The role requires conceptual knowledge of practices and procedures within the discipline, typically gained through a college degree or equivalent experience, and builds proficiency by performing structured work assignments under supervision.
For Analysts interested in further education, the University provides financial support for pursuing an MBA at the Booth School of Business and the CFA Charterholder designation. This position offers the option to work remotely on Fridays, except when required on-site for manager meetings.
Responsibilities
- Supports established internal controls and procedures to collect, reconcile, and report cash flow, valuation, and performance-related data; follows documented processes and checklists.
- Performs routine investment support functions, such as data requests, standard reconciliations, document intake, and status tracking, while building familiarity with systems, stakeholders, and workflows.
- Assists with centralizing and maintaining key investment data, including liquidity terms, holdings, performance details, and manager communications, by entering, updating, and validating information in approved repositories.
- Supports process documentation by maintaining organized records (notes, supporting files, and audit trails) and updating documentation as directed.
- Uses existing procedures to investigate routine data questions; escalates discrepancies, breaks, or non-standard items to more senior team members for resolution.
- Prepares routine exhibits, extracts, and data sets for internal stakeholders using standard templates; verifies completeness and formatting prior to distribution.
- Assists with daily/weekly data verification activities, such as cash position checks, tracking inflows/outflows, and basic exposure checks, according to established procedures and under supervision.
- Supports performance reporting processes by gathering inputs, performing basic validations, and helping maintain historical records; does not independently own final calculations without review.
- Assists in collecting and reporting data for industry surveys and peer benchmarking by following standard instructions and maintaining organized historical files.
- Participates in process improvements by identifying recurring issues, suggesting clarifications to documentation, and helping test small enhancements under direction, such as template improvements, quality checks, and workflow steps, etc.
- Learns and applies office tools, for example Excel, reporting platforms, and documentation systems, through formal training and on-the-job coaching. May assist with basic testing/QA steps using provided test scripts.
- Supports many facets of the investment process, including the selection and monitoring of external investment specialists across asset classes.
- Sources and performs due diligence of potential new investments. Performs industry analysis to determine investment attractiveness of various investment strategies.
- Performs other related work as needed.
Minimum Qualifications
Education:
Minimum requirements include a college or university degree in related field.
Work Experience:
Certifications:
---
Preferred Qualifications
Experience:
- Some exposure in investment operations, performance analysis, or related discipline.
Technical Skills or Knowledge:
- Familiarity with applying AI and machine learning tools for investment and operations workflow automation, data validation, and performance analysis strongly preferred.
Preferred Competencies
- Performs routine assignments with strong attention to detail and a focus on accuracy.
- Has conceptual knowledge of theories, practices, and procedures within the discipline, typically acquired through a college degree or equivalent experience.
- Develops competence by performing structured work assignments and incorporating feedback.
- Uses existing procedures to solve routine or standard problems; knows when to escalate non-routine issues.
- Receives instruction, guidance, and direction from more senior level roles; works under close to general supervision.
- Strong organizational skills to manage tasks, meet deadlines, and maintain clear documentation.
- Clear written and verbal communication skills; able to summarize status, flag issues, and ask effective questions.
- Professionalism and discretion when handling sensitive information; exercises sound judgment and confidentiality.
- Function as a reliable team member and build effective working relationships across the office.
Working Conditions
- In-office presence Monday-Wednesday; remote option on Thursday and Friday.
Application Documents
- Resume/CV (required)
- Cover Letter (required)
When applying, the document(s) MUST be uploaded via the My Experience page, in the section titled Application Documents of the application.
Job Family
Role Impact
Scheduled Weekly Hours
Drug Test Required
Health Screen Required
Motor Vehicle Record Inquiry Required
Pay Rate Type
FLSA Status
Pay Range
The included pay rate or range represents the University’s good faith estimate of the possible compensation offer for this role at the time of posting.
Benefits Eligible
The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.
In addition to the base pay posted above, this position may be eligible for In addition to the base pay posted above, this position may be eligible for In addition to the base pay posted above, this position may be eligible for incentive compensation of up to 35% of salary.
Posting Statement
The University of Chicago is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, or expression, national or ethnic origin, shared ancestry, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.
Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.
All offers of employment are contingent upon a background check that includes a review of conviction history. A conviction does not automatically preclude University employment. Rather, the University considers conviction information on a case-by-case basis and assesses the nature of the offense, the circumstances surrounding it, the proximity in time of the conviction, and its relevance to the position.
The University of Chicago's Annual Security & Fire Safety Report (Report) provides information about University offices and programs that provide safety support, crime and fire statistics, emergency response and communications plans, and other policies and information. The Report can be accessed online at: http://securityreport.uchicago.edu. Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.