DIRECTOR OF INVESTMENTS, Investment Office

The Opportunity

BU created the investment office in 2007 with the goal of building a best-in-class investment operation. In 2011, after the inaugural CIO, Ms. Peedin, left to become the CIO of her alma mater, Lila Hunnewell became the second CIO. Previously, Ms. Hunnewell spent 20 years advising endowments at Cambridge Associates after beginning her career in investment banking.

The BU investment team manages a diversified global portfolio with approximately $4 billion in assets. As the investment experts for the University, the team has a high degree of investment autonomy. The investment office looks to maximize risk-adjusted returns within the context of the University’s overall strategy and financial condition.

Required Skills

• Demonstrated investment judgment and curiosity
• Working knowledge of portfolio construction and management
• Expertise in Privates, including a network of managers and fellow investors
• Demonstrated track record in investment manager evaluation (due diligence, selection and monitoring)
• A broad approach to evaluating risks and informing investment decisions
• Experience (a) developing and presenting investment materials to multiple constituents (investment office, investment committee and other University constituents) and (b) responding to audience questions
• Membership on a team whose shared responsibility is a work product that requires input from and the cooperation of all members
• At least 10+ years of relevant investment experience
• MBA and/or CFA

Personal and Professional Characteristics

• Desire to be an integral member of the investment office helping to further enhance its reputation as a sophisticated global investor and supportive partner
• Committed to the team’s data-informed decision-making processes
• Informed investment view and philosophy; willingness to “think outside the box”
• Ability to synthesize information to make a concise presentation (verbal or written)
• Ability to work independently and be a team player – not a loner
• Ability to maintain mutually respectful relationships with investment managers
• Strong verbal and written communication skills
• Responsible, organized and timely professional
• Willingness to share knowledge and teach/mentor colleagues
• A sense of humor
• Unquestioned integrity and dedication