Sr. Investment Analyst II MSRP (Fixed Income)

The Maryland State Retirement Agency is the administrator of the Maryland State Retirement and Pension System.  The System is a multi-employer, public employees’ benefit retirement system composed of twelve (12) separate retirement and pension systems with additional plan components, covering approximately 245,000 active members and more than 160,000 retires and beneficiaries. The Agency is seeking a Fixed Income investment professional, or an investments specialist aspiring to become a Fixed Income professional, to serve as Senior Investment Analyst in the Fixed Income unit of the Investment Division.  The Senior Investment Analyst reports directly to the Managing Director of Fixed Income. Under the direction of the Managing Director, the Senior Investment Analyst will assist in the monitoring of portfolio investments, reporting regarding both externally and internally managed portfolios, performing pre and post trading tasks, performing quantitative analyses as assigned. This is a Management Service position and serves at the pleasure of the Appointing Authority.

MSRP 0009

Maryland State Retirement

120 E. Baltimore Street

Baltimore, MD  21202

* Leads the monitoring and reporting efforts of one or more asset classes.

* Actively participates in the internal management initiative.

* Leads quantitative research projects.

This individual will work collaboratively with the Managing Director and the Fixed Income Portfolio Managers to support the overall investment program. The Senior Investment Analyst will perform regular reviews and evaluations of external managers, including performance attribution and exposure analysis; work collaboratively with the operations and legal teams in the initiation and maintenance of accounts; track and model investment performance and exposures; assist the Managing Director in preparing presentation materials for Investment Division staff or for Investment Committee meetings; assist in the development of interns; assist in the maintenance of records related to investments; and contribute to all Fixed Income team objectives as assigned or as needed.

Education:  Possession of a bachelor’s degree from an accredited four year college in Math, Science, Economics, Finance, Accounting, Business Administration, Public Administration, or similar fields of study.

Experience:  Two years of professional investment experience.

Preference will be given to candidates with:

*  Progress towards a CFA designation and/or a graduate degree in Math, Science, Economics, Finance, Business Administration, Public Administration or similar field of study. 

*  At least five (5) years of professional experience working with Fixed Income portfolio managers and traders.

* Desirable software skills:  Proficient level in Microsoft Excel; Word; PowerPoint; Bloomberg and Factset.

Please make sure that you provide sufficient information on your application to show that you meet the minimum 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 employment (eligible) list for at least one year.  This list will be used by the hiring agency to select employees.

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. Due to the confidential nature of the work, selected candidates must undergo and pass a background check.

The examination will consist of a rating of your education, training, and experience as presented on your application and as they relate to the requirements of the position.  You may be asked to complete a supplemental questionnaire.  The supplemental questionnaire may be used as part of the rating process.  Therefore, it is important that you provide complete and accurate information on your application.  

STATE OF MARYLAND BENEFITS

The online application process is STRONGLY preferred. If you are unable to apply online, you may mail a paper application to:            

DBM/Recruitment & Examination Division              

301 West Preston Street, Room 608              

Baltimore, MD 21201

Please include a cover letter and resume. 

All mailed documents must include the applicant's name and the job number and must be received by the closing date.   Resumes will NOT be accepted in lieu of completing the application. If you have any questions concerning the recruitment process for this position, please call 410-767-6352.

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.  

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.