NewsmakersJune 29, 2022

Mexico’s MIT Seeks CIO

Monterrey Institute of Technology and Higher Education is looking for an investment chief to help it create a ‘world class investment portfolio.’

Reported by Michael Katz

The Monterrey Institute of Technology and Higher Education, based in Monterrey, Mexico, has posted a job ad for a new CIO. According to the posting, the private university system is seeking an institutional investment professional with experience at a U.S. endowment, foundation or pension fund.

“The mission is to build out a fully diversified world class investment portfolio,” says the job posting.

The position, which pays between $150,000 and $200,000 a year, will be based at the university’s flagship campus in Monterrey. Despite being based in Mexico, the university does not require that candidates have the ability to speak Spanish, per the posting, as everyone in the administration speaks English.

The posting also says the university is looking for candidates with a minimum of 10 years of experience as a senior investor on an institutional asset management platform, such as at an endowment, foundation or public pension, or as an outsourced CIO. It is also seeking candidates with experience investing in multiple asset classes who demonstrate “leadership skills managing investment staff with an emphasis on team building, development, motivation, retention and commitment to diversity and inclusion.”

Candidates are also expected to have a network of investment managers and an ability to access those resources for sourcing, manager evaluation and reference-checking purposes. The posting also notes that strong academic credentials are required, and that an MBA, CFA, or CAIA is preferred.

The Monterrey Institute of Technology and Higher Education system has 25 campuses throughout Mexico, with 60,000 undergrads, 94,000 total students and 10,000 faculty members.