Investment Associate Msrp

Introduction

The Maryland State Retirement Agency is the administrator of the Maryland State Retirement and Pension System (“System”). The System is a defined benefit retirement system covering governmental employees within the State of Maryland. It’s composed of twelve (12) separate retirement and pension systems with over 50 different rule sets. The System has over 430,000 participants (customers), including 192,000 members who are actively employed and participating in the System, 165,000 payees who receive a monthly payment from the System, and 40,000 vested members who are no longer actively employed but have earned a benefit that will become payable at a future date.

Located in Baltimore’s Central Business District, SRPS offers a purpose-driven workplace with modern amenities, including panoramic city and harbor views, renovated common areas, upgraded elevators, and an on‑site caf.

Employees enjoy comprehensive state benefits including medical, dental, prescription coverage, generous paid leave, participation in the state pension system, and supplemental retirement savings options (401(k), 457(b), and more). Additional perks include an on‑site fitness center with showers and lockers, 24/7 building security, and easy access to restaurants, shops, public transit, and major highways.

This is a Special Appointment position and serves at the pleasure of the Appointing Authority.

MSRP 0006

120

E. Baltimore St.

Baltimore, MD 21202

This position reports to the director to the Managing Director of EDGE. The responsibilities for this position include but are not limited to:

• Assists in the monitoring and due diligence function of private markets asset classes
• Assists with manager communications including meeting scheduling and note taking
• Leads existing manager analysis, portfolio reporting and data management across the Terra Mario portfolio
• Assists in the completion of the legal process and onboarding of new managers and funds
• Assists in the development and formulation of macroeconomic views and helps apply those views into tactical portfolio positioning; conducts, and market analysis and research projects

Job duties include but are not limited to:

• Assists in the monitoring and due diligence function of private markets asset classes
• Analyzes, prepares, and presents data reported by managers, consultants and research partners.
• Participates in industry groups and with other state pension funds to help access best practices in investment analysis.
• Identifies prospective investment opportunities.
• Assists with interviews, evaluations and recommendations of potential investments.
• Compares and contrasts various investment opportunities.
• Monitors manager performance against return and risk objectives.
• Performs due diligence of external investment managers.
• Works with established investment monitoring framework and promotes related activities to mitigate investment related risks.
• Reviews, evaluates and coordinates the monitoring of investments.
• Assists in conducting detailed performance attribution to help explain sources of risk and return.
• Assists in compliance with the various operating procedures within the division.
• Works with legal and others on contract negotiations and execution.
• Monitors investment performance against objectives and expectations.
• Assists with manager communications including meeting scheduling and note taking
• Assists in managing inbound manager communication for the Terra Maria portfolio.
• Assists in scheduling desired meetings with external managers as needed.
• Attends and participate in external manager meetings and produce notes of such meetings.
• Leads existing manager analysis, portfolio reporting and data management across the Terra Mario portfolio
• Prepare required reports for Terra Maria strategies.
• Collect, organize, and analyze quantitative and qualitative data used throughout the investment due diligence process, including performance history, portfolio characteristics, organizational information, and investment strategy analysis.
• Maintains the Terra Maria manager database.
• Assists in the management and quality of data flow between investment…