Investment Analyst

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* Working Title:

Investment Analyst*
* ** Job Class:
Investment Analyst Intermediate or Senior*
* ** Agency:
Investment Board*
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** Job ** : 97515

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** Location** :
St. Paul

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** Telework Eligible** : SBI currently utilizes a hybrid model, with a minimum of two anchor days in office per week. This is subject to change at the discretion of the SBI Executive Director.

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** Full/Part Time** :
Full-Time

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** Regular/Temporary** :
Unlimited

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** Who May Apply** :
Open to all qualified job seekers

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** Date Posted** : 10/08/2026

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** Closing Date** : 10/26/2026

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** Hiring Agency/Seniority Unit** :
Investment Board / Investment Board-Excluded

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** Division/Unit** :
State Board Of Investment(SBI) / Part Direct & Non-Retirement

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** Work Shift/Work Hours** :
Day Shift

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** Days of Work** :
Monday - Friday

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** Travel Required** : 0-10%

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** Investment Analyst Intermediate Salary Range:**  $51.05 - $65.79 / hourly; $106,592 - $137,369 / annually

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** Investment Analyst Senior Salary Range:**  $68.88 - $92.85 / hourly; $143,821 - $193,870 / annually

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** Classified Status** :
Unclassified

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** Bargaining Unit/Union** : 221 - Excluded All Others/Unrep

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** FLSA Status** :
Exempt - Professional

+ Designated in Connect 700 Program for Applicants with Disabilities ((Use the "Apply for this Job" box below)./connect
700/) :
No

** The work you'll do is more than just a job.*
* At the State of Minnesota, employees play a critical role in developing policies, providing essential services, and working to improve the well-being and quality of life for all Minnesotans. The State of Minnesota is committed to equity and inclusion, and invests in employees by providing benefits, support resources, and training and development opportunities.

The SBI is seeking a motivated, mission-driven individual to support the investment lineups for fire relief plans, tax-advantaged and state-sponsored savings plans, and other non-retirement investment programs. This analyst role provides an opportunity to conduct investment manager due diligence, monitor fund performance, contribute to client reporting, and collaborate with investment professionals across the organization.

Reporting to the Director, Participant Directed and Non-Retirement Investments, the position works collaboratively with teams across financial services, performance, risk management, public markets, and private markets. The analyst will play an important role in advancing the team's objectives and supporting the SBI's broader investment mission.

** Primary Responsibilities*
* The Investment Analyst position will be responsible for the following primary areas:

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** Monitor and Evaluate Investment Options** :
Develop and maintain a strong understanding of the investment vehicles and asset class strategies available within defined contribution and tax-advantaged savings plans. Support the ongoing evaluation of investment options, including maintaining investment manager shortlists, monitoring industry developments and market trends, and assessing the potential implications of changing market environments. Contribute to investment plan menu design and continue to build knowledge and expertise in the role.

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** Coordinate Data, Develop Reports, and Distribute Materials:
** Coordinate the collection, organization, and reporting of investment and plan data, ensuring information is accurate, timely, and accessible to internal and external stakeholders. Lead the development, production, and distribution of team materials and reports. Play a key role in maintaining efficient processes and supporting the team's overall organization and effectiveness in managing and reporting on its Plans.

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** Engage with External Stakeholders on Investment Options:
** Represent the SBI with professionalism and a high level of service when engaging with external stakeholders. Support outreach and communication efforts with Fire Relief Plans and other public retirement funds, including meeting with self-administered plans to provide information about available investment options, as appropriate. Build strong relationships by communicating investment information clearly and effectively.

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** Contribute as a Collaborative Team Member:
** Demonstrate the SBI's core values of integrity, professionalism, and collegiality while contributing to an inclusive and collaborative workplace. Serve as a resource to colleagues and peer groups, build effective working relationships across teams, and collaborate…