Sr. Portfolio Manager MSRP
|Department||Maryland State Retirement and Pension Systems|
|Date Opened||3/18/2019 11:59:00 PM|
|Filing Deadline||4/18/2019 11:59:00 PM|
|Salary||$128,384 – $192,576|
|HR Analyst||Cecelia Smith|
The Maryland State Retirement Agency is seeking an exceptional individual to serve as a Senior Portfolio Manager in its Investment Division. The Investment Division has responsibility for managing approximately $50 billion of assets, which requires managing its asset allocation, overseeing external and internal managers and implementing Board initiatives.
LOCATION OF POSITION
Main Purpose of Job
This role reports directly to the Managing Director responsible for the Public Equity Portfolio. This individual will work collaboratively with the public equity team to support the overall investment program. The Senior Portfolio Manager will be responsible for the sourcing, evaluation, recommendation and monitoring of investments as well as aiding the Managing Director in portfolio construction. Strong knowledge of global public equity markets is desired.
Duties will include regular reviews and evaluations of external and internal managers and investments; participate in meetings with current and prospective managers; assist with due diligence on existing and new investments; develop and implement internal investment strategies; manage investment databases; perform quantitative analysis; assist in the process of reviewing and negotiating investment management agreements or fund documents; work collaboratively with the operations team in the initiation and maintenance of accounts; conduct research on investment ideas; track and model investment performance and exposures; assist the Managing Director in preparing presentation materials for Investment Committee and other meetings; and participate in other projects and duties as assigned. This position will require occasional travel including internationally.
Education: Possession of a bachelor’s degree from an accredited four year college in Finance, Economics, Math, Science, Accounting, Business Administration, or similar fields of study. Other degrees may be considered in combination with an advanced degree in the fields listed above.
Experience: Three years of professional investment experience in public equity either focusing on external or internal management.
DESIRED OR PREFERRED QUALIFICATIONS
Preference will be given to candidates with a CFA or an advanced degree in fields indicated above. Additional preference may be given to candidates who have directly managed equity investment portfolios.
Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment. All information concerning your qualifications must be submitted by the closing date. We will not consider information submitted after this date.
Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the eligible (employment) list for at least one year.
The assessment may consist of a rating of your education, training, and experience related to the requirements of the position. It is important that you provide complete and accurate information on your application. Please report all experience and education that is related to this position. Please make sure you upload your cover letter and resume with your online Maryland State Application.
QUALIFICATIONS: You must possess the minimum requirements to be considered for this position. If you are scheduled to complete an educational or licensing requirement within six months of the assessment, you may participate in the examination process. Credit may be given for relevant part-time, temporary, or volunteer experience, if you list the number of hours worked per week. Therefore, be sure that you accurately and thoroughly complete the application.
Online application process is STRONGLY preferred. If the online application process is not available, you may submit a paper application and supplemental questionnaire (by the closing date) to:
Department of Budget and Management
Recruitment and Examination Division
301 W. Preston Street, Room 608
Baltimore, MD 21201
Please submit an official college transcript along with your application to confirm your major and year status. For education obtained outside the U.S., a copy of the equivalent American education as determined by a foreign credential evaluation service must accompany the application. All mailed documents must include the applicant's name and the job number and must be received by the closing date. We will not consider information submitted after this date.
This is a Management Service position and serves at the pleasure of the Appointing Authority.
Resumes will NOT be accepted in lieu of completing the application.
Should there be any questions regarding this recruitment, please call 410-767-4850.
People with disabilities and bilingual candidates are encouraged to apply.
We thank our Veterans for their service to our country, and encourage them to apply.
TTY Users: call via Maryland Relay
As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity.