Sr. Investment Analyst II Quantitative - Public Equity Unit Sr. Investment Analyst II MSRP

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 café.

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
0009

120 East Baltimore Street

Baltimore, Maryland 21202

The main purpose of this position is to lead investment research and design and develop quantitative investment strategies. This would entail developing internal research as well as integrating new tools and alternative datasets. The Senior Investment Analyst II helps the public equity group to achieve the goal of adding value in excess of public equity benchmarks while taking a reasonable amount of risk.

The Senior Investment Analyst II will be responsible for supporting manager selection that involves identifying prospective managers, running thorough due diligence, and monitoring of total Public Equity Portfolio. The Senior Investment Analyst II should be highly quantitative and develop quantitative processes in investment strategy development and portfolio construction. They should also work towards enhancing existing investment strategies, developing dashboards to monitor portfolio exposures, managers’ performance.

They should also develop quantitative frameworks to improve portfolio sizing and allocations. This position is expected to increase the team’s productivity by automating a lot of current processes. The ideal candidate will be a multi-tasker able to handle multiple specific responsibilities at a given time.

• Performs factor research, develops quantitative models for various investment strategies, and enhances existing quantitative investment strategies.
• Explores and onboards alternative datasets, tests those datasets for their prediction power, and integrates those with internally developed factors and launch new investment strategies.
• Assists in manager selection and monitoring of investments for the Public Equity Portfolio by attending and taking notes at external portfolio manager meetings and analyzing performance and portfolio characteristics through use of eVestment, Black Rock Aladdin, and Bloomberg, Factset or any other tools employed in Investment Division.
• Assists in the administrative tasks required of a senior portfolio manager in public equities.
• Assists in various public Investment Division’s projects assigned by CIO, DCIOs, and the team supervisors.
• Designs and develop dashboards, portfolio construction tools to help achieve the investment return…