Investment Analyst, Public Investments; term

Investment Analyst, Public Investments (36 month term)

Base pay range: $93,500.00/yr - $/yr

The California Endowment (TCE) seeks an Investment Analyst, Public Investments to join a highly motivated and collaborative team based in Los Angeles, Oakland, and San Diego, California. This position is a 36‑month term appointment.

Final date to receive applications: January 31, 2026. Application review will begin shortly thereafter.

The Investment Analyst is responsible for supporting work across a range of asset classes, including global public equities, hedge funds, and fixed income. The Analyst will provide analytical support to the sourcing of new investments, conduct due diligence on new and existing investments, and take ownership of projects assigned by the Investment Manager and/or Managing Director.

• Provide general analytical support for existing and/or prospective investments, including assisting with manager meetings, due diligence, and preparation of investment memos.
• Assist with monitoring existing investment managers by participating in manager meetings, gathering data, and preparing analytical reviews.
• Conduct asset‑class and portfolio‑level qualitative and quantitative analysis, including gathering exposure information.
• Prepare topical research reports and conduct ad‑hoc research as required.
• Assist with operational aspects, acting as a liaison between managers, Endowment Investment Operations, and Endowment Finance.
• Cultivate relationships with institutional peers and managers to stay informed of market trends.
• Develop investment skills and contribute to knowledge sharing among the Investment Team.
• Participate in TCE initiatives, including training in alignment with Trust Based Philanthropy (TBP) and support for TCE’s mission of Advancing Racial Equity (ARE).

• Passion for investing with 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 the ability to take initiative and collaborate with colleagues.
• Proficient knowledge of Microsoft Office applications.
• Commitment to the Endowment’s mission and a high level of professionalism.

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

• Accuracy:
  Identifies and corrects mistakes; demonstrates strong attention to detail.
• Problem Solving:
  Strong analytical skills with the ability to solve problems with sound judgment.
• Adaptability:
  Self‑starter who effectively and positively embraces and manages change.
• Relationship Management:
  Ability to establish strong rapport across all levels and manage enterprise‑level relationships.
• Process Management:
  Driven by results but focused on improving processes and efficiency.
• Team Orientation:
  Comfortable taking direction and receptive to feedback.
• Communication:
  Demonstrates clear, thoughtful, and thorough verbal and written skills; professional and diplomatic 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. Each day we, along with our community partners, seek ways to improve the state of health in California.

• Shared medical and dental premiums for employees and eligible dependents.
• 100% employer‑paid benefits: vision, life and AD&D, STD, LTD and employee assistance program.
• Health Care and Dependent Care Flexible Spending Accounts.
• Reimbursement toward gym fees and/or wellness program and mental health care.
• 9‑80 schedule with synchronized off days.
• Hybrid work schedule available for most positions.
• 11 paid…