Description
Job Description
NRECA is a unique national trade association providing advocacy, financial services and business support services to over 900 consumer owned electric cooperatives across the country. NRECA employees are united by our mission, inclusive culture, collaborative workplace and commitment to service excellence. As a “best place to work” employer, we operate with integrity, transparency and a spirit of innovation.
Are you ready to be part of a dynamic, inclusive, and mission-driven investment team? At NRECA, we cultivate and reward a commitment to excellence in investing on behalf of our members and participants every day. Our culture emphasizes a strong sense of diversity, integrity and belonging, driven by our core values of collaboration, communication, creative problem solving, and accountability. The work we do to build and oversee investment programs for industry-leading employee benefit plans and services is diverse and intellectually challenging, and the results help improve the quality of life for hard working Americans all across the country. If you are motivated by mission and values, as well as competitive pay and outstanding benefits, then this is the place for you.
We are looking for a talented investor with strong due diligence skills and experience across private markets, including private equity, private credit, and real assets, as we significantly build out our private market investment program over the next several years and beyond. The successful candidate will work directly with the Chief Investment Officer and will be fully engaged in all aspects of the investment process, including pacing, sourcing, due diligence, monitoring, and performance analysis. S/he will have strong written, communication, and presentation skills and will serve as the primary liaison with our investment consulting team to vet and present recommendations to our Committee for final approval. The role will be an impactful one, with a direct and meaningful influence on a $12 billion investment program.
Key Responsibilities
- Recommends selection of private market funds across all asset classes, including detailed review and monitoring of investment and operational due diligence reports.
- Oversees sourcing efforts, pipeline reviews, and pacing studies designed to build and maintain a well-diversified, best-in-class private markets investment program.
- Serves as key relationship manager with general partners and independent investment consultants on behalf of the investment team.
- Completes quantitative and qualitative assessment of general partners and strategies typically included in comprehensive investment and operational due diligence processes.
- Monitors and evaluates investment performance and attribution across a wide range of metrics including, but not limited to, peer, sector, subsector, and vintage year IRR and MOIC analysis, as well as public market equivalent analysis.
Required Qualifications and Skills
- Bachelor's degree in economics, finance, business administration, or accounting or equivalent experience.
- Minimum of 5 years' experience
- Strong knowledge and experience in all private markets asset classes and industry practices, including experience working with a wide range of general partners and across various investment strategies.
- Experience directing investment consultant workflow and critically evaluating due diligence work product, including oversight of sourcing efforts and pacing analyses.
- Ability to analyze and evaluate complex private market investment strategies, including case study and investment underwriting analyses, to determine the value of inclusion in the investment programs.
Preferred Qualifications (0 – 2 bullets)
- Master's degree, CFA and/or CAIA (or progress towards) are strongly preferred.
FLSA Status: Exempt
Essential Physical Requirements:
- The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal and extensive reading.
- Exerting up to 20 pounds of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly to move objects. If the use of arm and/or leg controls requires exertion of forces greater than that for sedentary work and the worker sits most of the time, the job is rated for light work.
Disclaimer Statement: The preceding job description has been written to reflect management's assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned.
Additional Requirement:
The preceding job description has been written to reflect management's assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
NRECA is committed to working with and providing reasonable accommodation to individuals with physical and mental disabilities. If you need special assistance or an accommodation while seeking employment, please e-mail humanresources@nreca.coop or call: 703-907-5992 - NRECA Arlington Human Resources. Please call 402-483-9275 - NRECA Lincoln Human Resources, for Lincoln, NE employment opportunities. We will make a determination on your request for reasonable accommodation on a case-by-case basis.
The U.S. Equal Employment Opportunity Commission (EEOC) recently released the 'Know Your Rights' poster, which updates and replaces the previous "EEO is the Law" poster and "EEO Is the Law Poster Supplement".
Pay Transparency Non-Discrimination. NRECA will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay. Please see the Pay Transparency Nondiscrimination Provision for more information.
E-Verify. As a Federal Contractor, NRECA is required to participate in the E-Verify Program to confirm eligibility to work in the United States. For information please click on the following link: E-Verify.
For more information about life at NRECA please visit www.Electric.coop.
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