Weinberg Foundation Opportunities
From time to time The Harry and Jeanette Weinberg Foundation has openings for highly qualified professionals and support personnel who have a strong commitment to the Foundation’s mission of improving the lives of low-income and vulnerable individuals and families.
The Harry and Jeanette Weinberg Foundation is currently seeking a full-time, summer intern.
The Harry and Jeanette Weinberg Foundation, one of the largest private charitable foundations in the United States, provides approximately $100 million in annual grants to nonprofits that provide direct services to low-income and vulnerable individuals and families, primarily in the US and Israel. Grants are focused on meeting basic needs and enhancing an individual’s ability to meet those needs with emphasis on older adults, the Jewish community, and our hometown communities of Maryland, Northeastern Pennsylvania, and Hawaii. These grants are distributed through six primary areas of giving: Basic Human Needs and Health; Disabilities; Education; General Community Support; Older Adults; and Workforce Development. For more information please go to www.hjweinbergfoundation.org.
Owings Mills, Maryland
The Harry and Jeanette Weinberg Foundation is seeking a full-time, paid, summer intern. Candidates should be enrolled in or completing a graduate level program and have an overall GPA of at least a 3.0.
The internship will provide students with relevant and constructive work experience with a large private Foundation. Interns will be given the opportunity to explore the field of philanthropy within a dynamic and active setting. In doing so, the intern will be expected to analyze and synthesize information and create reports for review and decision making at the Foundation. This internship will expose the student to all areas of grantmaking, including the Maryland Small Grants program. The individual should have a strong interest in best-practice research and program evaluation.
Qualifications and Experience:
- Must be pursuing a Master’s degree in a relevant field and maintain an overall GPA of 3.0 or better
- Positive attitude, team player, and ability to work independently
- Prior internship experience or other relevant experience a plus
- Excellent oral and written communication skills
Interns must be able to commute to our Owings Mills office where parking is available and provided. This is a full-time (37.5 hours per week) paid position beginning in May or June.
Interested applicants should send a cover letter and resume to firstname.lastname@example.org by March 21, 2014. Please put your name in the subject line.
The Harry and Jeanette Weinberg Foundation is currently seeking exceptional candidates for the position of Chief Investment Officer (CIO).
The Chief Investment Officer (CIO) will perform as the senior investment executive and as a key member of the administration at the foundation. The CIO will provide leadership, vision and oversight for the management and strategic growth of the Foundation’s non-real estate financial assets. In partnership with the Investment Committee, the CIO will provide the investment expertise and counsel to achieve the foundation’s long-term investment objectives of prudent risk-adjusted returns. The CIO will perform work under general direction of the President and the Investment Committee with latitude for initiative and independent judgment.
The CIO will be accountable for the administrative management of these assets as well as the investment process and rigorous reviews of existing and prospective investments and provide recommendations for new or revisited investment strategies. In addition to portfolio review and discussion, the CIO will provide strategy and present specific investment ideas to the Investment Committee. The Investment Committee looks to the CIO for guidance as an expert in his/her field. The investment process allows the CIO to take the lead, working in a consultative manner with the Investment Committee members.
The CIO will collaborate in the development and recommendation of investment policy, manage external investment advisors and managers, and will have responsibility for the day-to-day administration of the investment program, and lead the development of key fund performance indicators.
Key investment responsibilities include:
• Maintain a consultative relationship and an open dialogue with the Investment Committee and Board of Trustees on investment related matters including asset allocation decisions and the structure of the investment program with respect to external managers, advisors, consultants, as well as short and long-term investment strategy.
• Present specific investment ideas supported by a business case to the Investment Committee.
• Make recommendations to incorporate best practices into the management of the investment area by evaluating policies, process, standards, measurements and methods.
• Monitor capital markets and economic forecasts, and provide the Board of Trustees with an ongoing analysis of the state of the global economic situation as it relates to the foundation’s investment program.
• In conjunction with the Investment Committee, will be responsible for hiring and terminating investment managers, advisors, and consultants.
The ideal CIO candidate will have at least 15 years of recent, full time experience in investment management. The candidate must have extensive investment/markets expertise. Ideal experiences would be found in managing a diversity of asset classes, as well as all aspects of the investment process for endowment, foundation or comparable systems.
The executive must have high intellectual horsepower and possess natural leadership abilities. The right candidate will be a visionary and a strategic thinker with a proactive, hands-on approach.
The ideal candidate will have a passion for excellence and the desire to have a significant impact on the Foundation. The successful candidate will possess excellent interpersonal skills, a compelling presence, and strong business acumen. Ethics must be above reproach.
Presentation skills, both oral and written, must be superb. Mature and self-assured, the successful candidate must be able to demonstrate credibility and engender respect, both internally and externally.
The successful CIO candidate will have demonstrated a favorable record managing a portfolio of diversified assets. The CIO will provide strategic insights to asset allocation, and be able to anticipate any directional changes in financial markets and industry trends which may affect the foundation’s performance. The candidate will work closely and meet regularly with the Investment Committee to review and make any adjustments to the allocation.
The CIO will also need to have strong existing relationships, or the ability to develop relationships, with top-performing investment organizations.
The successful candidate will have the following experience/traits:
•Vast knowledge across asset classes (broadly defined as public, private and real assets) and substantial breadth of experience investing as a manager of managers, fund of funds manager, plan sponsor, direct investor or highly sophisticated consultant or investment advisor.
•Extensive knowledge of investment concepts, strategies, styles, and analytical methodologies from the total portfolio level to individual security selection.
•Strong grasp of global and domestic macroeconomics and capital market issues relating to investments.
•Collaborative and able to work effectively with multiple constituencies, internal (Investment Committee, Board of Trustees, staff) and external (consultants, investment managers, etc.). An effective consensus-builder.
•Positive, results-oriented style, evidenced by listening, motivating, delegating, influencing and monitoring the work being done.
•Great intellectual curiosity and a desire to be involved in the mission of the foundation.
•History of volunteer activity.
•An appreciation for the history and mission of the organization.
•Strong communicator who is able to tailor message to various audiences and can provide a business case to support decisions.
•Extensive skill in effective written and verbal communications, including preparing and delivering complex correspondence, reports, presentations, policies and proposals.
•High level of energy, sense of urgency, creativity and decisiveness, coupled with the ability to remain focused and rise above pressure.
•Engaging, open interpersonal style.
•Establishes immediate credibility; a professional who engenders respect.
•Unquestionable integrity, credibility and character, demonstrating high moral and ethical behavior.
MISSION CRITICAL LEADERSHIP CHARACTERISTICS
Understanding the Business
Knows the business and the mission-critical technical and functional skills needed to do the job; understands various types of business propositions and understands how businesses operate in general; learns new methods and technologies easily.
Making Complex Decisions
Can solve even the toughest and most complex of problems; great at gleaning meaning from whatever data is available; is a quick study of the new and different; adds personal wisdom and experience to come to the best conclusion and solution, given the situation; uses multiple problem-solving tools and techniques.
Is well organized, resourceful, and planful; effective and efficient at marshaling multiple resources to get things done; lays out tasks in sufficient detail to mark the trail; is able to get things done with less and in less time; can work on multiple tasks at once without losing track; foresees and plans around obstacles.
Focusing on Action and Outcomes
Attacks everything with drive and energy with an eye on the bottom line; not afraid to initiate action before all the facts are known; drives to finish everything he/she starts.
Being Organizationally Savvy
Maneuvers well to get things done; maze bright; knows where to go to get what he/she needs; politically aware and agile; knows what the right thing to do is; presents views and arguments well.
Acting with Honor and Character
Is a person of high character; is consistent and acts in line with a clear and visible set of values and beliefs; deals and talks straight; walks his/her talk; is direct and truthful but at the same time can keep confidences.
Being Open and Receptive
At ease and relaxed; easy to talk to and get to know; listens attentively; is an open book; has a positive sense of humor; deals calmly with stress and gives people a chance to catch up.
An advanced degree in finance, economics, or a related field and a CFA are strongly preferred.
The Weinberg Foundation is an Equal Employment Opportunity employer.
Interested applicants should contact Korn/Ferry International:Jane Marcus Senior Client Partner 200 Park Avenue, 33rd Floor New York, NY 10166 (646) 386-6544 Jane.Marcus@KornFerry.com Michael Kennedy Senior Client Partner 1201 West Peachtree Street, NW Atlanta, GA 30309 (404) 307-6853 Michael.Kennedy@KornFerry.com Kimberly Rissolo Project Coordinator 200 Park Avenue, 33rd Floor New York, NY 10166 (212) 984-9493 Kimberly.Rissolo@KornFerry.com Ajay Satchit Senior Associate 200 Park Avenue, 33rd Floor New York, NY 10166 (212) 973-5803 Ajay.Satchit@KornFerry.com