Director, Investment Operations & Treasury

POSITION:
Director, Investment Operations & Treasury

REPORTS TO:

EVP & Chief Operating and Financial Officer ("EVP & COFO")

LOCATION:

New York, NY

FLSA STATUS:
Exempt

DIRECT REPORTS:
Yes

WEBSITE:(Use the "Apply for this Job" box below)..org

START DATE:

November 2026

As New York's largest community foundation, The New York Community Trust ("The Trust") fosters and engages in enduring and innovative philanthropy, making grants that bring together the local knowledge and expertise of its team, nonprofits, and partners to help donors fulfill their vision for the causes they love. From education and the arts to health care and the environment, The Trust seeks to improve every aspect of the cultural and civic life of New York City, Long Island, and Westchester.

The Trust is a regional philanthropic leader. In addition to a distinguished competitive grantmaking program, The Trust hosts donor‑advised funds (DAFs) that make grants throughout the United States as well as funder collaboratives that work on the leading edge of philanthropy to improve the lives of New Yorkers. In 2025, it made close to 11,000 grants totaling nearly $230 million, and has made more than $2 billion in grants over the past decade.

Having celebrated its centennial anniversary in 2024, The Trust has long been a leader in the field, with innovations ranging from establishing the first donor‑advised fund in the 1930s to making landmark grants, including some of the first to fight AIDS, build The High Line, support immigrant communities in the region, and respond quickly in the early days of the COVID‑19 pandemic.

The Trust operates across two structures, a not‑for‑profit corporation and a collection of charitable trusts, which together hold more than $3.6 billion in invested assets. The not‑for‑profit corporation, Community Funds, Inc., holds more than 1,950 funds with a total market value of approximately $2.0 billion. The Community Funds, Inc. Investment Pool (CFI Pool) represents approximately $1.6 billion of these assets. The collection of charitable trusts, also known as The New York Community Trust, comprises approximately 190 trusts managed by nine trustee banks, with total assets of approximately $1.6 billion.

The Director, Investment Operations and Treasury, provides investment analysis, reporting, and oversight for the assets held by The Trust and Community Funds, Inc.

As the primary liaison to The Trust's external investment advisor, the Director ensures that investment performance, asset allocation, risk management, and governance activities align with organizational objectives. The role supports the Investment Committee, oversees relationships with investment managers, trustee banks, custodians, and other service providers, serves as a resource to donors on fund investments, and translates complex investment information into clear reporting for leadership.

In addition, the position leads investment operations, treasury and liquidity management. Responsibilities include overseeing investment reporting, compliance, audits, cash management, distributions, and operational controls while driving continuous improvement of systems and processes. The role also manages departmental operations and staff, supports donor‑facing investment discussions, develops relevant content for external communications materials, oversees the quarterly update of investment performance information on The Trust's website and related prospect materials, and helps ensure the effective stewardship of assets used for administrative purposes.

Investment decisions are made by the Investment Committee, while cash and liquidity strategies are approved by EVP & COFO, in partnership with the Finance Committee. In this hands‑on leadership role, the Director serves as the key liaison for investment and treasury operations, strengthens processes and controls, and supports the implementation of evolving priorities.

• External Investment Advisor Oversight & Investment Performance Management (40%)

  Serve as primary liaison to the external investment advisor, ensuring alignment with the investment policy, asset allocation, and…