Introduction
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 412,000 members.
The Agency is seeking a Real Assets investment
professional to serve as Senior Investment Analyst in the Real Assets group of
the Investment Division. The Senior
Investment Analyst reports directly to the Managing Director of Real
Assets. Under the direction of the
Managing Director, the Senior Investment Analyst will assist in Research and Investment Selection; Monitoring and Risk
Management; and Reporting.
GRADE
MSRP 0009
LOCATION OF POSITION
120 East Baltimore Street
Baltimore, Maryland 21202
Main Purpose of Job
The Senior Investment Analyst in the Real Assets group will be a key member of the Investment Division overseeing the MSRPS’ investment activities in real estate, infrastructure and natural resources. Under the direction of the Managing Director and Senior Portfolio Managers, the Senior Investment Analyst will be responsible for Research and Investment Selection; Monitoring and Risk Management; Data Management and Reporting.
The candidate selected for this position should have strong verbal and written communication skills, including the ability to interact with colleagues, investment managers and others; proficiency with using MS Excel for modeling and analysis; and the ability to work independently and appropriately prioritize tasks
POSITION DUTIES
The incumbent will work as part of the Real Assets team
that ensures prudent investment of System assets to optimize long-term returns
while actively monitoring and managing risk.
Responsibilities include, but are not limited to:
Research and Investment Selection:
* Market monitoring, research and idea generation;
* Maintenance of investment database and pipeline;
* Identification and selection of investment opportunities;
* Evaluation of a variety of investment vehicles including
funds and co-investments;
* Review and analysis of investment manager performance;
* Assist in drafting of investment recommendations.
Monitoring and Risk Management:
* Monitoring, analysis and reporting of investments;
* Ongoing communication with managers and participation in
quarterly/annual updates;
* Review of quarterly reports and financial statements;
* Analyze, prepare, and present data reported by managers
and consultants;
* Monitor existing investments for compliance with
established guidelines;
* Identify potential investment issues and provide
recommended actions.
Data Management and Reporting:
* Maintenance and reconciliation of data between the System
and third parties;
* Prepare portfolio reviews, including performance,
exposures and market data;
* Assist in conducting performance attribution;
* Meeting notes, updates on existing and pipeline managers;
* Review and coordinate investment operations and
accounting related matters;
* Prepare ad hoc reports as needed;
Travel up to 10% of the time.
MINIMUM QUALIFICATIONS
Education: Graduation from an accredited four-year
college or university with a Bachelor’s degree.
Experience: Three years of experience in business
or finance with an analytical focus or other relevant experience.
DESIRED OR PREFERRED QUALIFICATIONS
Preferred Qualifications:
* Knowledge of both public and private infrastructure and natural resources markets is preferred; the position will also include covering parts of the real estate portfolio;
* Institutional investment experience, particularly in performing due diligence on commingled funds and investment managers within private infrastructure and natural resources;
* Three years of experience in the financial services industry performing investment research and providing investment analysis/recommendations;
* Experience sourcing and underwriting opportunities to invest with emerging and diverse investment managers;
* Knowledge of the principles, practices and procedures of investment management as well as knowledge of one or more private investment asset classes;
* CFA/CAIA or desire to work towards Certification;
* Proficiency with using MS Excel for modeling and analysis.
The ideal candidate will have strong verbal and written communication skills, including the ability to interact with colleagues, investment managers and others; and the ability to work independently and appropriately prioritize tasks.
SELECTION PROCESS
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.
EXAMINATION PROCESS
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.
BENEFITS
FURTHER INSTRUCTIONS
Online applications are highly recommended. However, if you are unable to apply online, the paper application and supplemental questionnaire may be submitted to: Department of Budget and Management, Recruitment and Examination Division, 301 W. Preston St., Baltimore, MD 21201. Paper application materials must be received in our office by the closing date for the recruitment. No postmarks will be accepted.
For questions regarding this recruitment, please contact the DBM Recruitment and Examination Division at Application.Help@maryland.gov or 410-767-4850, MD TTY Relay Service 1-800-735-2258.
We thank our Veterans for their service to our country.
People with disabilities and bilingual candidates are encouraged to apply.
As an equal opportunity employer, Maryland is committed to recruitment, retaining and promoting employees who are reflective of the State's diversity.