Investments Fellow

Investment Fellow 1.9.25

UC OFFICE OF THE PRESIDENT

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DIVISION OVERVIEW

The Office of the Chief Investment Officer of the Regents of the University of California (UC Investments) manages more than $200 billion of endowment, retirement, and working capital assets under the policies, guidelines, and performance benchmarks established by the UC Board of Regents. Our mission and our fiduciary duty compel us to always act in the best financial interests of the University of California and to uphold an agile and creative culture of respect and collaboration. The 10 foundational pillars of The UC Investments Way, which are outlined on our website and in our annual reports, underpin all that we do in service of the university and its stakeholders. We are long-term investors and, as such, each of us is a risk manager mindful of helping to ensure the continued vibrancy of our university system and the long-term financial health and well-being of our employees and retirees. Our broad recruitment efforts center on finding the best person for the position.

POSITION SUMMARY

The Investment Fellow is an entry-level role for an individual with 0-3 years of prior work experience focused on providing strategic and operational support to the Chief Investment Officer and Chief of Staff at UC Investments. In this role, the Fellow will support investment research and management across various asset classes, strategic initiatives with key partners (including UC campuses and asset managers), as well as support calendaring and event preparation for the Chief Investment Officer. This is part of a multi-year Fellowship program with three entry points, recent undergraduate, graduate or specialized, professional school background (JD, Engineering, Science.) Candidates will be placed and rotated through a variety of projects to learn and develop in different specializations. There is no guaranteed placement at the end of the assignment after 2-3 years, but the candidate will leave with a broad skillset that qualifies them to work in various asset management specializations and project management roles.

RESPONSIBILITIES

50% Strategic initiatives support

• Assist in research, planning, tracking, and coordination of strategic projects with key stakeholders, including UC campuses, asset managers, and internal teams. Projects may include investment opportunities, thought leadership initiatives, and/or student engagement efforts)
• Conduct background research and prepare briefing materials to inform strategic decision-making
• Prepare presentation materials, summaries, and talking points for leadership meetings and events

30% Investment Research and Diligence

• Assist with investment research and analysis across asset class teams, as needed
• Support manager research and due diligence efforts, including data gathering and synthesis of findings
• Help monitor portfolio performance and prepare summary reports for internal use
• Compile and maintain investment-related data, analyses, and documentation

20% Operations support

• Provide calendaring and scheduling support for the Chief Investment Officer, including internal and external meetings
• Coordinate meeting logistics, agendas, and materials for leadership and investment-related meetings
• Assist with planning and preparation for events, conferences, and site visits
• Track action items and follow-ups to ensure timely completion of priorities
• Provide general operational and administrative support to the CIO and Chief of Staff as needed

QUALIFICATIONS

Required Qualifications

• Strong analytical and quantitative skills, with the ability to synthesize data and communicate key insights clearly

• Demonstrated interest in institutional investing, asset management, or public/endowment investment management

• Proficiency in Microsoft Excel and PowerPoint; ability to prepare well-organized analyses and presentation materials

• Strong written and verbal communication skills, with attention to detail

• Ability to manage multiple priorities, meet deadlines, and work effectively in a fast-paced, team-oriented environment

• Strong organizational skills and ability to handle sensitive and confidential information with discretion

• Ability to represent an organization with professionalism and integrity, helping buil relationships with key stakeholders.

Preferred Qualifications

• Prior professional experience (including internships) in consulting, finance, corporate development, and/or real estate.

• Prior experience with the evaluation of investment opportunities and/or project planning.

• Basic financial modeling skills and/or fluency in understanding financial statements and models.

• Basic knowledge of the finance and investment industry.

EDUCATION

Required

• Bachelor's degree in related area (e.g., finance, business, economics, public policy)

SPECIAL CONDITIONS

• The selected candidate will be required to report to work onsite in Oakland as business needs dictate.

SALARY AND BENEFITS

Job Title

Investment Fellow

Job Code

006468

Salary Grade
Grade 40

Payscale:

$82,000 - $95,000

HOW TO APPLY

Please be prepared to attach a cover letter and resume with your application.

APPLICATION REVIEW DATE

The first review date for this job is 1/30/2026. The position will remain open until filled.

CONDITIONS OF EMPLOYMENT

Background Check Process: Successful completion of a background check is required for this critical position. Background check process at UCOP

Smoke Free Work Environment: The University of California, Office of the President, is smoke & tobacco-free as of January 1, 2014. UC Smoke & Tobacco Free Policy

As a condition of employment, you will be required to comply with the University of California Policy on Vaccination Programs, as may be amended or revised from time to time. Federal, state, or local public health directives may impose additional requirements.

As a condition of employment, the finalist will be required to disclose if they are subject to any final administrative or judicial decisions within the last seven years determining that they committed any misconduct, are currently being investigated for misconduct, left a position during an investigation for alleged misconduct, or have filed an appeal with a previous employer.

• "Misconduct" means any violation of the policies or laws governing conduct at the applicant's previous place of employment, including, but not limited to, violations of policies or laws prohibiting sexual harassment, sexual assault, or other forms of harassment, discrimination, dishonesty, or unethical conduct, as defined by the employer.
  • UC Sexual Violence and Sexual Harassment Policy
  • UC Anti-Discrimination Policy for Employees, Students and Third Parties
  • APM - 035: Affirmative Action and Nondiscrimination in Employment

EEO STATEMENT

The University of California, Office of the President, is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age or protected veteran status. EEO/AA Employer UC Nondiscrimination Policy

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