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Operational Due Diligence Associate/Senior Associate

Charlottesville, Virginia, United States

The University of Virginia Investment Management Company (UVIMCO) provides investment management services to the University of Virginia and associated organizations. UVIMCO’s team represents an exceptional group of investment management professionals who are grounded in the mission and values of the University of Virginia. We manage approximately $15 billion for the University of Virginia and are proud of the positive impact that our work has on generations of UVA students, faculty, staff, and patients.

UVIMCO currently employs approximately forty-eight full-time staff who are primarily located in Charlottesville, VA. We value integrity, service, excellence and passion.

Why Join Us

  • Support UVA’s mission: Our investment returns directly support scholarships, programs, research, and other initiatives to benefit current and future students, faculty, patients, and staff of the University.
  • Strong culture: UVIMCO fosters a collegial, flat, and collaborative work environment. The firm prioritizes employee well-being and maintains a strong work-life balance. Staff are united by a passion for our mission, a love of learning, and a commitment to preserving UVIMCO’s record of excellence.
  • Generous employment benefits: UVIMCO offers a competitive salary and a business casual work setting. We are located on the Downtown Mall in Charlottesville, VA.

Position Overview

UVIMCO is looking for a Operational Due Diligence (“ODD”) Professional who will be responsible for conducting comprehensive operational assessments of current and prospective investment managers across all asset classes within UVIMCO’s Long Term Pool. This role involves evaluating the operational infrastructure, risk management practices, compliance frameworks, and business continuity planning of investment managers, with the objective of mitigating non-investment risks. The ideal candidate will have strong analytical and communication skills, attention to detail, and the ability to work collaboratively across teams.

Primary Responsibilities:

  • Conduct ODD reviews of prospective and existing investment managers, including onsite visits, document reviews, and interviews with key personnel
  • Assess manager policies, procedures, and controls related to operations, compliance, valuation, cash management, cybersecurity, and disaster recovery
  • Provide candid feedback and recommendations to managers as appropriate
  • Prepare written reports summarizing due diligence findings for internal stakeholders and committees
  • Monitor existing manager and investment relationships for operational risk indicators
  • Collaborate with senior investment team members, as well as legal and operations teams to highlight, contextualize, and address operational issues
  • Maintain and enhance UVIMCO’s operational due diligence framework and tools
  • Execute scheduled projects and respond to ad hoc requests in support of the ODD program
  • Coordinate and monitor investments made through separately managed accounts
  • Maintain current knowledge of industry best practices, regulatory developments, and emerging operational risks 

Skills and Qualifications

The ideal candidate will possess:

  • A bachelor’s degree in accounting, finance, or a related field
  • Strong analytical skills, meticulous attention to detail, and ability to assess complex operational environments
  • Excellent written and oral communication skills; ability to present findings clearly and concisely
  • Ability to track, interrelate, and prioritize competing deadlines and objectives
  • Collaborative team orientation and strong interpersonal skills
  • Judgment, intellectual curiosity, emotional intelligence, resourcefulness, and professionalism
  • Willingness to travel domestically and internationally, as required
  • Previous experience evaluating and/or auditing traditional and alternative investment products and managers (hedge funds, private equity, alternative mutual funds, and/or fund-of-funds) as an allocator, consultant, or service provider
  • Proficiency with Microsoft programs (Word, PowerPoint, Excel, etc.)

UVIMCO is an Equal Opportunity Employer. We celebrate diversity and welcome individuals from different backgrounds. We do not discriminate on the basis of any protected class and provide an inclusive environment of mutual respect for all employees.

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