Position:
Chief Investment Officer
Location:
St. Louis, MO
Website:
Job Category:
Application Deadline:
Saturday, September 30, 2023
Reports to:
President
About the Opportunity
The Chief Investment Officer (CIO) of Mercy Investment Services is responsible for all aspects of the investment management of the Institute of the Sisters of Mercy of the Americas and their related ministries. Mercy Investment Services’ substantial investment portfolio currently includes domestic, developed non-U.S. and emerging market equity and fixed income securities, relative value and macro hedge funds, private equity, venture capital and real assets. These allocations and strategies are delivered to more than 50 participants of diverse investment sophistication.
About the Organization
Launched in February 2010, Mercy Investment Services provides for the collective investment and professional management of the endowment and other investment funds of the Sisters of Mercy of the Americas and their sponsored ministries, while working for a just and sustainable world and embracing socially responsible investing as a means of promoting systemic change, with emphasis in the areas of nonviolence, racism, environment, concern for women, and immigration. Mercy Investment Services is a leading impact investor creating positive change in the global community through investment excellence and values-based collaborations, communications, and decisions that are rooted in the mission and guided by the critical concerns of the Sisters of Mercy.
Mercy Investment Services is responsible to the Institute of the Sisters of Mercy of the Americas, the governing body of an international community of Roman Catholic women who dedicate their lives to God through vows of poverty, chastity, obedience and service. For more than 190 years, motivated by the Gospel of Jesus and inspired by the spirit of their founder Catherine McAuley, the Sisters of Mercy have responded to the continually changing needs of the times. Through prayer and service, the Sisters address the causes and effects of violence, racism, degradation of the Earth and injustice to women and immigrants. Nearly 2,000 Sisters sponsor and serve in more than 200 organizations that work with those in need in the U.S., Central and South America, Jamaica, Guam and the Philippines. Sisters of Mercy also serve with more than 3,000 Mercy Associates, several Companions in Mercy, more than 960 Mercy Volunteer Corps alumni, and thousands of co-workers in Mercy-sponsored programs and institutions who also share in the Mercy mission.
Qualifications
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Experience as a cross-functional, operational leader with (a) at least 15 years of overall professional experience in an investment management, foundation, or public charity organization focused on a combination of mission-driven and socially responsible investing and asset preservation; (b) broad exposure to investment management, including a proficiency in investment analysis, portfolio management, policy development, communication, and performance analysis and presentation.
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Clear understanding of and support for socially responsible investing, including the broad concepts of and belief in shareholder advocacy and all forms of impact investing.
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Hands-on leader and team player that is willing to jump in as needed to help achieve the organization’s goals.
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Experience building and managing highly trained, sophisticated, and technical teams; a strong commitment to professional staff development.
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Experience working with boards of directors and sophisticated governance structures.
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Outstanding presentation and communication skills; an outgoing spokesperson, relationship builder, motivator, and catalyst for staff and volunteer engagement.
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A critical and strategic thinker who can identify ways to perpetuate the Sisters’ and their ministries’ financial resources and their mission.
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Strong personal integrity and commitment to ethical principles together with a strong service and mission orientation, inherent compassion, humility, sensitivity to issues of justice, and a deep-seated respect for religious orders.
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An individual with strong educational credentials, including at a minimum a bachelor’s degree, and the expectation of an MBA or comparable evidence of advanced credential such as a CFA.
Compensation
Salary is competitive and commensurate with experience. The salary range for this role is $250,000 – $350,000 with an incentive compensation plan and a generous benefits package.
Application
- Diversified Search Group has been exclusively retained for this engagement. The hiring team will begin reviewing applications immediately. To express interest in this role, please submit your materials here https://talent-profile.diversifiedsearchgroup.com/search/v2/19614
- Nominations and inquiries should be directed electronically to: [email protected]
- Mercy Investment Services is an Equal Opportunity Employer. If you need assistance expressing interest online or any aspect of the recruitment process, please email [email protected]
