Investment Analyst, Public Investments; term

Investment Analyst, Public Investments (36 month term)

The California Endowment invites applications for the Investment Analyst, Public Investments role, a 36‑month term appointment serving our teams in Los Angeles, Oakland and San Diego.

The Investment Team is responsible for investing and managing the Endowments portfolio to align with the Foundation’s mission while earning a market‑rate return. We seek a highly motivated, collaborative analyst to support a broad range of asset classes and to contribute to our mission‑aligned investment strategy.

Submit your application by January 31, 2026
. Application review will begin shortly thereafter.

Reporting to the Investment Manager, Public Investments, the Analyst will provide analytical support for the sourcing of new investments, due diligence on existing and potential holdings, and ownership of projects assigned by management.

• Provide analytical support for prospective and current investments, including manager meetings, due diligence, and investment memo preparation.
• Assist with monitoring of existing managers by participating in meetings, gathering data, and preparing analytical reviews.
• Conduct asset‑class and portfolio‑level qualitative and quantitative analysis, gathering exposure information.
• Prepare research reports and conduct ad‑hoc research as required.
• Support operational aspects, serving as a liaison among investors, Endowment Investment Operations and Endowment Finance.
• Build relationships with institutional peers and managers to stay informed of market trends.
• Develop investment skills and contribute to knowledge sharing within the Team.
• Participate in TCE initiatives, including training aligned with Trust‑Based Philanthropy and support for TCE’s mission of Advancing Racial Equity.

• Passion for investing and a curiosity to understand financial markets.
• Strong analytical, quantitative, and communication skills.
• Financial modeling skills and general knowledge of portfolio theory and capital markets.
• Self‑starter with initiative and ability to collaborate with colleagues.
• Proficient knowledge of Microsoft Office applications.
• Commitment to the Endowment’s mission and high level of professionalism.

• Undergraduate degree with 0‑3 years of experience at an endowment, foundation, family office, investment firm, or investment consultant.
• Progress toward CFA and/or CAIA is a plus.

• Accuracy: identifies and corrects mistakes; strong attention to detail.
• Problem Solving: strong analytical skills with sound judgment.
• Adaptability: self‑starter who embraces and manages change.
• Relationship Management: establishes strong rapport across all levels.
• Process Management: focuses on improving processes and efficiency.
• Team Orientation: comfortable with direction and receptive to feedback.
• Communication: clear, thoughtful, verbal and written skills; professional demeanor.

Target/Full Hiring Range: $93,500 – $110,000 base + incentive eligible.

The California Endowment (TCE) is a private, statewide health foundation established in 1996 whose mission is to expand access to affordable, quality health care for underserved individuals and communities, and to promote fundamental improvements in the health status of all Californians. We’re changing the narrative around health to ensure health and justice for all.

• Shared medical and dental premiums for employees and eligible dependents.
• 100% employer‑paid benefits: vision, life & AD&D, STD, LTD and employee assistance program.
• Health Care and Dependent Care Flexible Spending Accounts.
• Gym fee and wellness program reimbursement and mental health care support.
• 9‑80 schedule with synchronized off days.
• Hybrid work schedule for most positions.
• 11 paid holidays + paid winter holiday closure.
• Generous paid time off (PTO).
• 401(k) plan with generous employer match and contributions.
• Matching gifts program.
• Parking or public transportation subsidy.
• Professional development and training opportunities.
• Tuition Reimbursement Program.
• Monthly BYOD stipend.

Entry level

Full‑time

Finance and Sales

The California Endowment’s goal is to hire qualified staff reflecting the rich diversity of all Californians. We are proud to be an equal opportunity employer committed to advancing health and racial equity in California and creating a work environment in which all individuals are valued and respected. We encourage applicants from diverse backgrounds to apply.

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