Executive Director Public Equities

                    

At Cleveland Clinic Health System, we believe in a better future for healthcare. And each of us is responsible for honoring our commitment to excellence, pushing the boundaries and transforming the patient experience, every day.

                        

We all have the power to help, heal and change lives — beginning with our own. That’s the power of the Cleveland Clinic Health System team, and The Power of Every One.

                                    

Job Title

Executive Director Public Equities

                        

Location

Beachwood

                    

Facility

CC Administrative Campus

                     

Department

Investment Office-Finance

                      

Job Code

T97643

                     

Shift

Days

                       

Schedule

8:00am-5:00pm

                       

Job Summary

                         

Job Details

Join the Cleveland Clinic team where you will work alongside passionate team members and make a lasting, meaningful impact on patient care. Here, you will receive endless support and appreciation while building a rewarding career with one of the most respected healthcare organizations in the world.      

 

As Executive Director of Public Equities, you will manage the capital invested in public equity-oriented funds and strategies across multiple Cleveland Clinic portfolios for superior investment returns. Other essential responsibilities in this role include assisting the VPCIO in tactical investment decisions, functioning as a CC internal advisor, reviewing individual and target date fund performances, researching new funding options and advising the Investment Working Group and/or Retirement Committee on implementing recommended adjustments. You will lead with diligence, focusing on motivating fellow team members, leadership entities and other Cleveland Clinic staff. While you may not interact with patients directly, your efforts to enhance their experience via effective financial and assets management can make a lasting difference in their lives and the community you serve every day. 

 

A caregiver in this position works a hybrid schedule from 8:00AM — 5:00PM, with occasional domestic/international travel requirements. 

 

A caregiver who excels in this role will:  

• Monitor the performance, risk profile, portfolio positions, current events and organizational changes of CCIO's existing public equity managers.  

• Complete analytical reviews to evaluate the relative performance of each sub portfolio and/or investment theme, presenting the conclusions to CCIO staff and other stakeholders. 

• Manage the underwriting or re-underwriting of individual fund managers on a regular basis. 

• Prepare and present portfolio level analysis and dashboards. 

• Make recommendations regarding new investment opportunities and manager terminations to CCIO staff, Cleveland Clinic leadership and the Investment Committee. 

• Structure and negotiate the terms of CCIO's investments in consultation with the VPCIO. 

• Work with the Managing Director of Risk, Operations and Performance on operational due diligence evaluations and utilizing CCIO’s risk management system to evaluate prospective investments.  

• Work with Cleveland Clinic’s internal/external legal counsel to evaluate legal contracts. 

• Monitor the evolution of public equity investment universe and