Operations Associate - Investment Office

About the University

Carnegie Mellon University, located in Pittsburgh, Pennsylvania, is a global top-tier, private research university founded in 1900 by industrialist and philanthropist Andrew Carnegie. A birthplace of innovation throughout its greater than 125-year history, Carnegie Mellon is recognized for arts and technology programs, collaboration across disciplines, and leadership in educational excellence. The university’s $4 billion investment portfolio, managed by the Investment Office, supports its research and education mission with a growth-oriented, equities-focused strategy emphasizing private equity, hedge funds, and traditional investments.

About the Role

We are seeking an Operations Associate to join the Investment Office team. This role involves critical process, control, and recording responsibilities for endowment financial reporting and analytics. Reporting to the Director – Investment Operations, Risk and Analytics, you will manage core operational functions and produce key reports and analytics for leadership.

Responsibilities

• Manage documentation and processes to onboard new external investment managers.
• Monitor investment manager requests and coordinate with responsible investment team members.
• Review quarterly valuations and transactions for the Long-Term Pool investment portfolio and post accounting entries in the general ledger.
• Prepare dashboards and periodic portfolio analytics.
• Assist with the tracking of portfolio company level data for private equity fund investments.
• Assist with the operational due diligence review for private equity and hedge fund managers.
• Assist with AI integration projects within the Investment Office.
• Support audit, tax, and other regulatory filings.

Requirements

• Bachelor’s degree in business, accounting, economics, or finance required; CPA desired.
• Minimum five years in a finance, accounting, or auditing position. Previous investment operations or asset management experience is a plus.
• Experience with investment operations platforms such as Dynamo, Geneva Advent, BNY Nexen, or Microsoft Power BI is a plus.
• A combination of education and relevant experience from which comparable knowledge is demonstrated may be considered.
• Successful pre-employment background check.

Skills

• Knowledge of professional practice in financial accounting and reporting, internal controls, and external reporting.
• Ability to read, interpret, and analyze GAAP and IFRS financial documents.
• Ability to problem solve and gather/analyze information skillfully and efficiently.
• Technical proficiency in Microsoft Excel, including the ability to analyze large data sets and identify patterns and gaps.
• Team player approach to collaboration, strong organizational skills, and ability to handle multiple tasks with accuracy and attention to detail.
• Excellent interpersonal, listening, and communication skills, and high standards of professional ethics and integrity.

Benefits

• Comprehensive medical, prescription, dental, and vision insurance.
• Generous retirement savings program with employer contributions.
• Tuition benefits.
• Ample paid time off and observed holidays.
• Life and accidental death and disability insurance.
• Free Pittsburgh Regional Transit bus pass.
• Access to a Family Concierge Team to help navigate childcare needs.
• Fitness center access.

Pay

Salary basis.

Schedule

Full time, regular staff position.

Location: Pittsburgh, PA