Investment Operations Analyst - Public Investments

University of California Office of the President (UCOP)

Operations Analyst, Public Investments

Position Description 8.28.25

For UCOP internal applicants, please login to the internal candidate gateway at: Jobs at UCOP

Position Base: Oakland

Location: UCOP - Franklin Building

UC OFFICE OF THE PRESIDENT

At the University of California (UC), your contributions make a difference. A world leader producing Nobel and Pulitzer Prize recipients with over 150 years of groundbreaking research transforming the world. Choose a career where you can leverage your knowledge, skills, and aspirations to inspire and support some of the greatest minds in the world, and those who will follow in their footsteps. Working at the University of California is being part of a unique institution, and a vibrant and diverse community. At the University of California, Office of the President, we propel our mission through impactful work locally, in government centers and systemwide. We are passionate people, serving the greater good.

The University of California, one of the largest and most acclaimed institutions of higher learning in the world, is dedicated to excellence in teaching, research, and public service. The University of California Office of the President is the headquarters to the 10 campuses, six academic medical centers and three national laboratories and enrolls premier students from California, the nation, and the world. Learn more about the UC Office of the President

DEPARTMENT OVERVIEW

The Office of the Chief Investment Officer ("UC Investments") is responsible for managing the University of California's retirement, endowment, working capital, and cash assets under the policies, guidelines, and performance benchmarks established by the Regents. The mission of the Office is to implement those policies and guidelines by selecting, executing, and monitoring investment strategies designed to add value over the benchmarks within a risk-controlled framework. The Office adheres to high ethical as well as professional standards in serving the investment management needs of its constituency. The Chief Investment Officer has full investment discretion, while the Regents retain responsibility for Asset Allocation and Investment Guidelines.

POSITION SUMMARY

The Operations Analyst, Public Investments plays an important role in planning and executing projects and processes which further the goals, responsibilities, and successful outcomes for the office, specifically for Public Asset investments. This position will support functions within UC Investments, and he/she must develop a thorough understanding of our governing body, stakeholders, portfolios, and data structure, which are critical to success in this position. Qualitative and quantitative analysis, market experience, and judgment are essential. As a member of the team, this position will support the office by generating reports; design and/or execute research projects; analyze and measure risk; provide ideas and recommendations. Monitor and report on internal trade allocations, liquidity, performance, and risk trends across Public Asset Investments.

RESPONSIBILITIES

40% - Trade Processing / Settlements

• Work with internal portfolio management cash / fixed income team to ensure timely settlements of executed trades. (Bloomberg experience a requirement.)
• Communicate with trading counterparties to resolve settlement issues.
• Oversee creation of new trading accounts, maintenance of counterparty settlement instructions, and corporate action responses.
• Confirm liquidity impact of trade settlements with custodian and investment cash forecasting teams.
• Act as liaison between executing broker-dealer, trade processing vendors, and custodian bank to ensure proper accounting and custody data of internal trade activity.

30% - Analysis, Reporting, Communication

• Reconcile investment information with custodian bank and resolve any discrepancies.
• Ensure activities are being performed in accordance with policies and procedures and identify and recommend improvements as deemed necessary.
• Assist Public Asset investment teams with ad hoc requests including transaction modeling, asset allocation projections, etc.
• Establish and maintain strong partnerships to provide support and information across the UC Investments groups and stakeholders.
• Assist in managing on-going relationships and ensure adherence to workflow procedures and controls with various service providers, including custodians, consultants, etc.; as pertaining to Public Assets.
• Coordinate with Accounting and Capital Finance teams on inputs necessary to facilitate liquidity and trade flows supporting participant transfers.
• Support analysis and reporting functions for UC Investments' Sustainable Investing Framework as it relates to Public Assets investments data.

15% - Accounting, Transaction support

• Assist Investment Operations Manager, Public Investments in scoping, executing, and reconciling transactions across Public Equity and Fixed Income.
• Work with Public asset class teams, investment managers, and custodian bank to facilitate operational procedures throughout the transaction lifecycle across separate and commingled account assets.

10% - Audit Coverage

• Assist in the yearly external investment audit process including preparing analysis and support for transaction testing, holdings disclosures, valuation procedures, audit confirmations, practical expedient checklist, etc. Act as primary lead specifically for Trade Desk audit testing procedures..

5% - Liquidity Forecasting

• Provide backup coverage as needed on the daily Investment Cash Desk forecasting function; liaise with Investment Operations, Cash Management Portfolio Manager, Treasury, and Custody Teams to compose and verify real-time investment / product liquidity cash balancing and forecast views.

Required Qualifications

• Bachelor's Degree and minimum of 7 years of related experience or equivalent combination of education and experience.
• Understanding of investment asset owner operations, performance measurement, attribution, valuation and risk measurement. Familiarity with Bloomberg Trade Processing, Public Equity and Fixed Income investments.
• Knowledge of investment software programs such as Custodian and Banking Systems, Investment Manager databases, Bloomberg, and data structures.
• Thorough knowledge of financial transactions and financial systems, as well as related policy, accounting and regulatory compliance requirements.
• Demonstrated working knowledge of accounting principles (particularly as it relates to investment accounting) and business math to prepare, reconcile, analyze and report financial transactions. Knowledge of GAAP accounting principles is preferred.
• Excellent organizational skills and ability to prioritize work and complete assignments to meet strict deadlines.
• Proven proficiency with Microsoft Suite, able to automate reconciliations, knowledge and skill in the use of various information databases. Ability to analyze functionality and recommend enhancements.
• Strong oral and written communication skills; ability to gather and present ideas, thoughts, and information clearly and logically; ability to communicate in a direct, cooperative, tactful, patient, and courteous manner and to listen effectively.
• Strong customer service orientation; ability to respond effectively and professionally to questions from internal and external stakeholders.

Education

• Bachelor's degree in related area and a minimum of 8 years of job-related experience and/or equivalent experience/training.

SPECIAL CONDITIONS

The selected candidate will be required to work onsite in Oakland, CA five days per week. The hire will be a current resident of California or be willing to relocate to California.

Salary And Benefits

Job Title: Operations Analyst (UCOP Job Classification GEN ACCOUNTANT 4)

Job Code: 007734

Salary Grade: Grade 23

Payscale: $118,000 - $130,200 commensurate with experience.

Full Salary Range: 85,800 - 158,200

The University of California, Office of the President, is required to provide a reasonable estimate of the compensation range for this role. This range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to experience, skills, knowledge, abilities, education, licensure and certifications, and other business and organizational needs. It is not typical for an individual to be offered a salary at or near the top of the range for a position. Salary offers are determined based on final candidate qualifications and experience. The full salary range shows the growth potential for this position and the pay scale is the budgeted salary or hourly range that the University reasonably expects to pay for this position.

Benefits: For information on the comprehensive benefits package offered by the University visit: Benefits of Belonging

Additional Information

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 September 22^nd, 2025. The position will be 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 is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, protected veteran status, or other protected status under state or federal law.
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