Investment Analyst II - Securitized; Sr. Investment Analyst II MSRP

Introduction

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 State and local government employees of Maryland. It’s composed of twelve (12) separate retirement and pension systems with over 50 different rule sets. The System has over 433,000 participants (customers), including 210,000 members who are actively employed and participating in the System, 179,000 payees who receive a monthly payment from the System, and 44,000 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.

If you’re seeking a career with impact, stability, and a supportive environment, explore opportunities with MSRPS. The Agency is seeking a Fixed Income investment 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 Currencies and Commodities team. Under the direction of the Managing Director, the Senior Investment Analyst will focus on supporting internally managed Securitized Fund and assist in sourcing, evaluating, recommending, executing, and monitoring portfolio investments.

Perform quantitative analyses as assigned. Assist or lead reporting as required. This position is designated as telework‑eligible (hybrid) under the State of Maryland’s Telework Policy, after successfully completing the defined required training period. 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 purpose of this position is to independently perform all front office support functions for the internally managed Securitized Fund, assist with oversight of externally managed strategies within securitized space or as assigned, contribute to the trading process, perform relevant research and analysis, routinely generate actionable investment recommendations, perform due diligence, modeling and monitoring.

• Performing complete analytical support for the internally managed Securitized Fund and for externally managed Securitized strategies.
• Assisting the Senior Portfolio Manager in conducting fundamental & quantitative analysis of securitized fixed income securities.
• Monitoring and managing risk exposures and risk level of new and existing trades.
• Collaborating with portfolio managers, research providers, and broker dealers to gather insights and information for trading decisions.
• Collaborating with other teams within the Investment Division to ensure accuracy of the performance and risk analytics for all Securitized investments.
• Reviewing and reconciling cash, positions, performance and trading activity with the portfolio management system, the compliance system, the custodian & the risk system.
• Managing relationships with counter parties including supporting adding brokers.
• Participating in executing legal agreements such as MSFTAs and…