About the Job
Wespath Benefits and Investments, recognized as a 2017, 2018 and 2019 Chicago’s Best and Brightest Companies to Work For® and a 2018 and 2019 National Best and Brightest Companies to Work For®, has an opportunity for a Deputy Chief Investment Officer (DCIO). The primary purpose of this position is to provide strategic advice to the Chief Investment Officer regarding the effective execution of Wespath’s sustainable investment program. The DCIO will analyze and report on current and long-term economic and market trends, lead the execution of Wespath’s impact investment strategy, represent Wespath as its senior executive supporting the work of Wespath’s sustainable investment partners, and accompany representatives of Wespath’s Institutional Investment Services team to client and prospect meetings with Wespath’s institutional clients.
More specifically, the Deputy Chief Investment Officer will have the opportunity to:
- Monitor macroeconomic, geopolitical and other relevant risks that may affect investment performance and make recommendations to the Chief Investment Officer of proactive actions required to adjust for a changing investment environment.
- Prepare presentations for internal and external stakeholders that clearly communicate relevant economic and market phenomena influencing the investment landscape.
- Accompany members of the Institutional Investment Services team to meetings with clients and prospective clients and present information on Wespath’s funds, the economy, and markets.
- Lead Wespath’s impact investment program. Supervise the sourcing and monitoring of market-based return impact investments. Supervise the Director of the Positive Social Purpose Lending Program and the Manager of Impact Investing.
- Chair multiple internal investment groups (e.g., Alternative Investments, Ethical Exclusions, Management of Excessive Sustainability Risk, Megatrends, Positive Social Purpose Lending, etc.).
- Represent Wespath on sustainable investment coalitions such as the Investor Advisory Group of the Sustainable Accounting Standards Board.
- Develop annual goals and action items aligned with Wespath’s organizational goals.
- Write relevant and timely investment papers for distribution to clients and posting to the Wespath websites.
- Establish close working relationships with other members of the Investment Division and key resources employed by Wespath’s asset managers and other strategic partners.
- Ensure the implementation of best practices in the integration, analysis, and reporting of Environmental, Social, and Governance factors in the investment process.
- Lead organizational projects as required.
- Master of Business Administration or comparable graduate degree or equivalent work experience.
- Fifteen years of progressive investment experience including significant experience managing people.
- Direct experience with full integration of the consideration of environmental, social, and governance (ESG) factors in investment decision-making or a personal commitment that doing so is necessary for executing prudent fiduciary oversight of investment assets.
- Chartered Financial Analyst (CFA) designation or progress toward attaining the CFA designation preferred.
- A fundamental knowledge of or willingness to learn about The United Methodist Church and its values.