Endowment Associate

Special Instructions to Applicants: In PDF form, applicants should attach a resume in the Supporting Documents section of the application

About Rice

Boasting a 300-acre tree-lined campus in Houston, Texas, Rice University is ranked among the nation’s top 20 universities by U.S. News & World Report. Rice has a 6-to-1 undergraduate student-to-faculty ratio and a residential college system, which supports students intellectually, emotionally, and culturally through social events, intramural sports, student plays, lecture series, courses, and student government. Developing close-knit, diverse college communities is a strong campus tradition, which is why Rice is highly ranked for best quality of life and best value among private universities.

Rice is also a wonderful place to work. Rice faculty, staff, and students share values that are essential to our success as a healthy community. Those values guide our decisions and behaviors and shape Rice’s culture. They come through in how we treat each other and the welcome we extend to our visitors. These values can be recalled simply by our name — RICE — Responsibility, Integrity, Community, and Excellence.

Position Summary

The Rice University endowment is approximately $8 billion and ranks in the top 20 endowments of private research universities and is critical to the university’s ability to achieve its goals. The annual distribution from the endowment funds nearly half of the university’s annual operating budget which includes providing access to students regardless of ability to pay. The Rice Management Company (RMC) is a division of Rice University and is responsible for asset allocation, the selection and termination of investment managers, monitoring performance of the portfolio, and reporting to the Rice Management Company Board of Directors. 

The Endowment Associate plays a critical role in supporting the data integrity, reporting, and analytics functions of the RMC. The primary role is to ensure that investment data is accurate, accessible, and actionable to support informed decision-making across the investment office. The Associate manages and inputs a high volume of investment transactions and applicable documentation into various systems, completes calculations, and generates regular reporting to the investment and operations teams for related activity. The Endowment Associate supports performance reporting and analysis by collaborating with investment, operations, and finance teams to create reports, build dashboards, maintain records, and analyze portfolio data and trends. Ideal candidates are detail-oriented, technically skilled, and intellectually curious with an interest in endowment and institutional investing. This role reports to the Senior Manager, Performance Analytics.

Workplace Requirements

This position is exclusively on-site, necessitating that all duties be performed in person. Per Rice policy 440, work arrangements may be subject to change.

Hiring Range:

This is a full-time, benefits-eligible position, and the salary will be commensurate with experience and qualifications. *Exempt (salaried) positions under FLSA are not eligible for overtime. 

Minimum Requirements

• Bachelor’s Degree
• Two or more (2+) years of experience in investment operations, performance reporting, financial data analysis, or a similar role

Skills: 

• Proficiency in Microsoft Suite Word and PowerPoint, advanced Excel skills (VLOOKUP, pivot tables, charts), and intermediate skills with Business Intelligence tools including Power BI, Tableau, or similar
• Ability to manage multiple projects and meet deadlines with minimal supervision
• Excellent attention to detail and commitment to data accuracy, including repetitive data entry
• Strong analytical skills and the ability to solve problems by identifying issues, proposing, recommending, and implementing solutions
• Strong communication and interpersonal skills; ability to be a collaborative colleague and maintain good relationships within the RMC, the Rice community and external contacts
• High moral character and the ability to maintain confidential and sensitive information appropriately

Preferences

• Bachelor’s degree in finance, accounting, economics, or a related field
• Five or more (5+) years of experience in investment operations, performance reporting, financial data analysis