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Investment Analyst, DUMAC

Investment Analyst, DUMAC

Duke Clinical Research InstituteDurham, NC, United States
2 days ago
Job type
  • Full-time
Job description

DUMAC, Inc. is the investment office that manages a $27 billion portfolio on behalf of Duke University, Duke Health System, Duke Employees Retirement Plan, and The Duke Endowment. DUMAC takes a long-term investment approach and allocates globally across asset classes including equities, fixed income, hedge funds, commodities, venture capital, private equity, and real estate. DUMAC's investment performance ranks near the top of its peer group over the long run.

DUMAC is located minutes from Duke University in downtown Durham.The Raleigh-Durham metro area is a vibrant, technology-focused region of over 2 million residents that regularly lands atop lists of best places to live and work in the U.S.DUMAC staff hail from across the U.S. and around the globe.

What are the responsibilities of the analyst?

Analysts are involved in all stages of the investment process from sourcing, origination, due diligence, and implementation of investment opportunities, to subsequent monitoring and portfolio management. Analysts will :

  • Assist in the identification, evaluation, selection, and monitoring of investment opportunities.
  • Perform qualitative and quantitative analysis to evaluate and compare opportunities, risks, and performance of current and potential investments.
  • Assist in determining the appropriate asset allocation for DUMAC's portfolio.
  • Help maintain the investments database.
  • Directly assist the Chief Investment Officer and other investment team members in making critical presentations.
  • Draft reports detailing investment recommendations and actions.
  • Independently research projects related to portfolio management and new investment areas.

What makes the analyst role a compelling opportunity?

  • Broad exposure to a wide range of investment strategies - Public Team analysts focus on DUMAC's public asset classes including equities, hedge funds, fixed income, and commodities. Exposure to such a wide range of asset classes gives analysts an opportunity to learn about numerous investment strategies.
  • Access to the world's greatest investors - Analysts interact with the best investors in the world. Since investment managers view U.S. endowments as high quality clients, our capital is highly coveted by investment management firms across the globe.
  • Responsibility - DUMAC's small and flat organization provides analysts the opportunity to assume significant responsibility. Analysts may lead manager dialogues and frequently conduct valuable research.
  • Culture - The environment at DUMAC is highly collegial. Analysts are encouraged to pursue research projects that could be additive to the investment process and to form and share opinions on managers or markets throughout the process.
  • Professional development - DUMAC follows a 3-year analyst program during which analysts have the chance to meet, learn from, and interact with top investment managers. The analyst position is an exceptional starting point for a career in asset management. DUMAC also provides full financial support for analysts pursuing the Chartered Financial Analyst (CFA) exams.
  • What makes an endowment unique?

  • An infinite time horizon allows the investment team to make very long-term allocations, take positions contrary to popular opinion, and accept volatility.
  • Large weightings in alternative and illiquid investments drive investment performance to a level not obtainable by the vast majority of market participants.
  • Desired qualifications

  • Bachelor's degree from accredited college or university attained or expected by May 2026, with an excellent academic record.
  • Excellent written and verbal communication skills.
  • Strong analytical ability and research skills.
  • Proficiency with quantitative tools.
  • Strong time management skills and the ability to handle multiple projects and priorities.
  • Ability to work with and contribute to a small, dynamic team.
  • High personal integrity and absolute discretion in handling confidential business information.
  • Ability to interact with business executives and appropriately represent DUMAC in business social situations.
  • Strong interest in investing, for example, through internships, projects, prior work experience, or personal investing.
  • For more details on DUMAC, please visit : https : / / dumac.duke.edu /

    Please direct any questions to recruiting@dumac.duke.edu . Thank you.

    Duke is an Equal Opportunity Employer committed to providing employment opportunity without regard to an individual's age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex (including pregnancy and pregnancy related conditions), sexual orientation or military status.

    Duke aspires to create a community built on collaboration, innovation, creativity, and belonging. Our collective success depends onthe robust exchange of ideas-an exchange that is best when the rich diversity of our perspectives, backgrounds, and experiences flourishes. To achieve this exchange, it is essential that all members of the community feel secure and welcome, that the contributions of all individuals are respected, and that all voices are heard. All members of our community have a responsibility to uphold these values.

    Essential Physical Job Functions : Certain jobs at Duke University and Duke University Health System may include essential job functions that require specific physical and / or mental abilities. Additional information and provision for requests for reasonable accommodation will be provided by each hiring department.

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