Director of Investment Operations

Grinnell College is a private liberal arts and sciences college located in Grinnell, Iowa, and is ranked #15 on the U.S. News and World Report’s list of Best National Liberal Arts Colleges. About 1,750 students attend the College, representing 50 states and 40+ countries. The Investment Office (“GCIO”) manages the College’s $2.5 billion endowment, which is known across the country as a top performer among peer institutions. The endowment supports about 60% of the College’s annual operating budget, allowing Grinnell to maintain need-blind admissions and offer financial aid to meet 100% of demonstrated need without loans. In aggregate, 89% of Grinnell students receive aid to help pay for their years at the College.

The Director of Investment Operations position is a chance to shape and steer the Office’s investment data, evaluation, and operations capabilities. This is an exciting opportunity for a detail-oriented, tenacious, and entrepreneurial professional looking to take on a leadership position.

Grinnell College values diversity, equity, inclusion, social justice, intellectual freedom, and social responsibility. We seek candidates that align with these values and have the ability and desire to advance our values and belonging within our community and the communities we engage. Ideal candidates will be prepared to collaborate and contribute to the mission and values of the college across all constituencies.

The Director of Investment Operations will report to the Chief Investment Officer and will work closely with other members of the investment team. The Director is charged with maintaining a robust operational infrastructure and serving as the primary information source for all endowment accounts. This individual is expected to take initiative, research, and provide feedback on existing systems and processes and eventually provide recommendations that continuously improve the efficiency, accuracy, and sustainability of the office’s operations. Grinnell maintains a diversified portfolio and, as a result, the Director of Investment Operations is expected to work across marketable and private asset classes. The Investment Office has physical locations in Grinnell, Iowa (the preferred location for this role) and Boston, MA. GCIO would consider remote candidates willing to travel to the campus office location. We encourage inquiries from candidates who will contribute to the diversity of Grinnell College, including its cultural and ethnic diversity.