Investment Analyst

Overview

Open Until Filled

GENERAL DESCRIPTION:

This position provides an opportunity to work with a high-performing, small investment team overseeing approximately $12 billion in externally managed pension assets. The seven-person investment team has full investment discretion, with internal approval from the Executive Director, allowing for nimble action and decision-making on investment opportunities. The portfolio has generated top decile returns over the past 1, 2, 5, 7, and 10-year periods.

Given the small size of the team, each member of the investment staff has a meaningful opportunity to shape portfolio outcomes. While team members have a primary area of focus within one or more of the broad asset classes (Fixed Income, Marketable Alternatives, Private Equity, and Public Equity), each individual also has the opportunity to provide insights and opinions across the entire portfolio.

This position is responsible for conducting investment research and analysis to execute the investment strategy objectives of assigned investment classes. It will primarily support the senior staff of the assigned asset class, collaborate on special projects as requested by the Chief Investment Officer (CIO), and work with other Investment Analysts. The role requires utilizing industry-standard software to research potential investments and monitor existing money managers.

Employment with the State of Wyoming offers outstanding benefits, including but not limited to:

• This position is eligible for performance compensation of up to 35% of base salary, depending on total portfolio return relative to the benchmark.
• No state income tax
• Participation in both the state pension plan and Social Security
• Voluntary deferred compensation plan
• Twelve vacation days per year (increasing with tenure) and twelve days of sick leave
• Potential relocation assistance

Human Resource Contact: Ryan Scheer, ryan.scheer2,

ESSENTIAL FUNCTIONS: The listed functions are illustrative only and are not intended to describe every function that may be performed in the job level.

• Provide analysis and evaluate current and prospective investment managers.
• Read and evaluate reports from research companies to maintain knowledge of market trends and gain insight into managers  strategies.
• Maintain databases associated with assigned Investment classes.
• Reconcile and verify reported performance metrics of assigned asset classes.
• Conduct on-site investment manager visits with WRS Investment Officers and attend pertinent industry conferences.
• Assist the Senior Investment Team on annual manager review, monitoring of investment performance, and risk monitoring of the assigned asset class.
• Develop detailed reports and presentations in response to ad hoc project requests required to execute the Investment Department's mission.
• Maintain communications with investment funds and external stakeholders regarding the investment process.
• Work with Investment Officers to conduct due diligence on existing and prospective managers of the system.
• Produce independent, quantifiable recommendations supported by this research.
• Collect data associated with the investment portfolio for use in various industry software programs and platforms.
• Evaluate and interpret data, monitor for errors, and conduct thorough reconciliations.
• Assist in the review of legal documentation pertaining to investment managers and other third parties.
• Coordinate with both internal and external parties as needed for portfolio performance, exposures, and risk analysis.
• Provide operational support, including but not limited to the opening of new manager accounts, aiding and tracking the movement of capital, and ensuring portfolio adherence to compliance guidelines.

PREFERENCES/AGENCY REQUIREMENTS:

Resume outlining relevant experience and skills;
Cover letter (1-2 pages) narrating brief examples of related experience and skills;
References

KNOWLEDGE:

• Knowledge of the financial markets, investment strategies, fund structures, and the institutional fund universe
• Proficiency in Excel is required
• Strong quantitative/analytical aptitude and problem-solving skills
• Excellent verbal and written communication skills

MINIMUM QUALIFICATIONS:

Education: Bachelor's Degree (typically in Finance)

Experience: 0 - 3 years of progressive or relevant work experience (typically in Finance) with acquired knowledge at the level of an Investment Analyst

Certificates, Licenses, Registrations: Must be willing to pursue the Chartered Financial Analyst (CFA) certification and/or an MBA (or Master s Degree or higher in a related field of study) and/or Chartered Alternative Investment Analyst (CAIA) certification

PHYSICAL

WORKING CONDITIONS:

• Typically, the employee may sit comfortably to perform the work; however, there may be some walking, standing, bending, carrying light items, driving an automobile, etc.
• Special physical demands are not required to perform the work.
• Some travel will be required for board meetings, conferences, and due diligence trips.

NOTES:

• FLSA:
  Exempt
• This…