Haverford College invites applications to our available full time,
exempt, benefit eligible Director of Investments.
Working with the Chief Investment Officer, the Director of
Investments (the “Director”) is an integral member of the Haverford
Investment Office, which oversees the investment of the College's
endowment. The Director will participate in all aspects of
endowment management, with a primary responsibility for
identifying, evaluating and recommending external investment
managers and ongoing monitoring of them. The College partners with
external investment management firms across a broad range of asset
classes, including domestic equity, international equity,
marketable alternatives, private equity, venture capital, real
estate and fixed income. The Director will work closely with the
CIO and Investment Committee to implement the investment
In addition to the financial, analytical, and qualitative skills to
identify, evaluate and recommend external investment managers and
subsequent ongoing monitoring of them, the position requires
excellent interpersonal, written and communication skills to
interact effectively with the campus community, other College
departments, external advisors, and the College's Investment
Committee members. The Director will also have the opportunity to
supervise and mentor an investment analyst and student interns.
This position is located in Haverford on the college campus, with
the opportunity for a hybrid work arrangement in accordance with
Essential Functions & Primary Responsibilities:
- Leads the due diligence process with respect to prospective
investment opportunities for possible inclusion in the endowment.
This process includes identifying, evaluating and preparing written
recommendations for new investment managers considering both
qualitative and quantitative criteria across asset classes, and
presenting recommendations to the Investment Committee. Builds and
maintains relationships with existing and prospective
- Monitors performance, portfolio management, and organizational
issues of existing investment managers, which may include
developing recommendations to terminate a manager. Meets managers
either in person, at annual investor meetings, or by conference
call/videoconference at least annually and as needed.
Professionally represents the College and Investment Office in
these forums, as a senior member of the Haverford team. Prepares
written summaries of these meetings using the office's research
management software system.
- Establishes strong relationships, including with the CIO and
Investment Office personnel, Investment Committee, other College
departments, students, alumni, and other College constituents; and
with external consultants and other providers.
- Engages in discussion with Investment Committee members during
meetings and on an ad-hoc basis regarding specific areas of
research or investment managers.
- Contributes to the reporting function of the Investment Office,
including preparation of materials for Investment Committee
meetings and ongoing oversight of the endowment, including
performance reports, risk analysis, investment updates and
- Collaborates with CIO on ensuring compliance with policy
guidelines and contributes to the development of investment
policies and procedures; participates in endowment rebalancing
analysis, discussion, and implementation.
- Participates in investment oversight related to the College's
planned giving program and serves on the 403(b) Retirement Plan
- Supports the operational and administrative work of the
Investment Office, working with the College's Controller's Office,
external administrator and consultants.
- Engages in discussion regarding endowment with various College
constituencies, including students, staff, faculty, and
Line of Report:
- Supports special projects related to the endowment or general
finances of the College, acts as a resource to other areas of the
College, and assumes other responsibilities as assigned.
The Director of Investments reports to the
Chief Investment Officer, and will also have the opportunity to
supervise and mentor an investment analyst and student
Education, Training, & Experience:
- Minimum of fifteen years of investment experience preferred,
preferably in the evaluation of investment strategies and
investment managers, both traditional and alternative.
- Bachelor's degree required; advanced degree or certification
(e.g., MBA, CFA, CAIA) preferred.
- Experience in an institutional setting, such as an endowment,
foundation, family office, consultant or similar institution is
- In-depth knowledge of financial and investment theory and an
understanding of the current investment environment; demonstrated
investment judgment and curiosity; significant experience in
investments/financial markets required, particularly with
investment manager due diligence across qualitative and
- Working knowledge of portfolio construction and risk management
for a multi-asset class portfolio, including with illiquid asset
classes such as private equity, venture capital, and real
- Excellent written and oral communication and quantitative
skills required. Ability to synthesize complex information to make
a concise and clear presentation (verbal and written). Experience
recommending actions to sophisticated audiences, such as an
- Ability to interact and gain credibility with College senior
staff, the Investment Committee, and external investment
- Excellent time management skills; a willingness to share
knowledge and a desire to continue expanding investment knowledge.
Communicates and works effectively as a team member, while also
being able to work on projects independently.
- Must represent the College in a professional manner and have
enthusiasm for liberal arts education and the mission of Haverford
College. Exhibits maturity, reliability, composure, and
unquestioned professional ethics to handle on-the-job challenges
and to ensure the professional integrity of the College.
- Works successfully as part of the Investment Office to uphold
the College's commitment to diversity, equity, and inclusion.
- Proficiency with Microsoft Office suite; experience with and
aptitude to learn other analytical and research software and
Physical Demands and Environmental Conditions Required of
- Ability to travel as necessary. – should then list the MVR
- Lifting (to exert strength to move objects from one place to
- Sedentary Lifting: (0-10 pounds)Never
- Light Lifting (10-20 pounds):Never
- Moderate Lifting (20-50 pounds):Never
- Heavy Lifting (50 to 100 pounds):Never
Special Requirements: All faculty and staff
(including contract workers) who are employed or engaged by
Haverford College, must be fully vaccinated against COVID-19 (to
include a booster dose when eligible), and provide proof of
vaccination, unless an exemption from this policy has been granted
as an accommodation or otherwise.
A financial background check will be conducted on the finalist
and the offer of employment is contingent upon successful
completion of the background check.
Possession of a valid U.S. Drivers' License and ability to pass
a Motor Vehicle Record Check is required.
- Pulling (to exert force upon an abject to move or change its
- Pushing (to draw an object toward oneself to move or change its
- Carrying (to hold objects while moving entire
- Reaching or working above shoulder (to extend arms upward or
outward away from body):Never
- Walking (to move entire body in erect position):Up
- Standing (to maintain body in erect posture in stationary
position):Up to three hours
- Sitting (to rest weight on buttocks and back of thighs with
legs bent at knees):six to eight hours
- Crouching/Stooping (to bend upper body forward while fully
- Kneeling (to maintain upper body in erect position while
resting knees on ground):Never
- Climbing (to ascend or descent heights using ladders,
scaffolding, stairs, poles, inclined surfaces):Never
- Twisting (to rotate upper body while feet remain
- Driving (operating a motor vehicle, crane, tractor, forklift,
- Exposure Limitation (i.e., cold water, dust, gas, fumes,
Please note this job description is not designed to cover or
contain a comprehensive listing of activities, duties, or
responsibilities that are required of the employee for this job.
Duties, responsibilities and activities may change at any time with
or without notice.
: Interested applications are invited to submit an
application, to include a cover letter, resume, and the names and
contact information of three (3) references by visiting
. The application deadline is February 8, 2022. Failure to provide
the required documents may result in lack of consideration.
Haverford College does not sponsor work visas.
Haverford College is an Equal Opportunity/Affirmative Action
employer committed to diversity, equity, inclusion, social justice,
and providing equal opportunities and access to all individuals
regardless of race, ethnicity, religion, gender identity, sexual
orientation, national origin or ancestry, age, marital status,
disability, or veteran status. Women, non-binary and transgender
individuals, people of color, Indigenous people, and those with
other or multiple historically marginalized and/or underrepresented
identities are especially encouraged to apply. Haverford College
and our consortial partners are located on Lenape lands.