Director of Investments - J. Paul Getty Trust, The
Los Angeles, CA 90049
About the Job
Reporting to the Chief Investment Officer, Getty is seeking to recruit a talented senior investor to help manage their $9 billion portfolio. The Director of Investments will source and evaluate prospective managers, conduct due diligence, monitor existing managers, and assist with asset allocation and overall portfolio management. As a senior manager, they will invest in the team via recruiting and training and will embrace working in a collaborative and intellectually honest environment and will be expected to lead by example through unquestionable integrity, dedication, pride in quality of work product and mentorship. The successful candidate should be dedicated to and passionate about Getty and its mission.
Getty has engaged Braddock Matthews Barrett for this search. Interested, qualified persons should send their materials directly to getty@bmbllc.com. Only individuals who express interest in this way will be considered as part of this search.
Major Job Responsibilities:The Director will be an integral part of the investment team and will ideally have had exposure to a wide range of asset classes. The successful candidate will take a strategic role in sourcing, evaluating, and monitoring external managers, and will participate in decisions related to asset allocation, portfolio construction, and risk management.
Additional duties include:
- Sourcing and maintaining a pipeline of investment opportunities that will provide a strategic advantage to Getty’s investment portfolio
- Conducting thorough due diligence on the most compelling prospective opportunities including analysis of investment strategy, process, organization, portfolio positions, and performance
- Remaining current on new managers and developing trends by attending conferences, annual meetings and building and maintaining a well-developed network of contacts within the investment community
- Developing strategic direction for asset class of responsibility and actively participating in asset allocation discussions on opportunities, sizing and role of asset class in the portfolio
- Providing guidance and mentorship to less experienced team members, facilitating the ongoing development of the investment team’s skillset and fostering career progression
- Working with the investment operations team to develop and maintain reports that analyze fund and portfolio-level exposures (including sector, geographic, leverage, underlying positions, etc.), risk metrics, liquidity, and performance attribution
- Collaborating with the CIO and other team members on asset allocation decisions and sharing investment knowledge as well as economic and market information
The successful candidate will be a proven investor with at least ten years of investment experience with experience working at a family office, endowment, foundation, OCIO firm, fund of funds, or similar organization allocating capital to external investment managers. Previous direct or co-investing experience at a buy-side firm is a plus, as is public markets experience. Individuals will be selected more for their intellect, communication ability, investment acumen, and overall philosophy than for any particular background.
Knowledge, Skills and Abilities:- Strong investment track record through complete market cycle(s)
- Strong knowledge of capital market dynamics, risk, and complex investment strategies
- Excellent communication skills and the ability to present perspectives and recommendations in a clear and logical manner
- Strong quantitative and analytical skills
- Strong organizational skills with a high attention to detail
- Established network of investment contacts and GP relationships; ability to access independent network for manager evaluation and reference checking purposes
- Team-oriented and willing to roll up their sleeves to contribute to the group’s common objectives
- The highest level of integrity, honesty, and sense of fiduciary duty
Here are just some examples that Getty offers/provides for full-time employees:
- Medical, Dental and Vision insurance coverage, starting on date of hire. Getty pays 75%-95% of the premium, depending on the plan selected.
- 403(b) Employee Investment retirement plan – with up to 5% Getty Match
- Getty contribution of 6%, on behalf of employee, to 401(a) retirement account
- Educational Assistance and professional development
- Paid Vacation, Sick and Personal Days
- 12 Paid Holidays
- Many positions have bi-weekly Off-Fridays
- On-Site Fitness Center at Getty Center
- Community service opportunities
To learn more about our comprehensive benefits and long list of perks, go to Getty HR.
Equal Opportunity Employer:We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship or immigration status, color, disability, ethnicity, familial status, gender identity and/or expression, genetic information, marital status, national origin, race, religion, sex, sexual orientation, veteran status, or any other protected status.