Senior Analyst, Investments en Maine Public Employees Retirement System (MainePERS)

MainePERS is seeking a motivated and analytical professional to join our Investment Team as an Analyst or Senior Analyst, depending on skills and experience. The analyst  will support the investment program under the direction of the Deputy Chief Investment Officer (DCIO). The role involves conducting analysis across all aspects of the investment program. The position will collaborate closely with the Investment Team on portfolio monitoring, manager selection and evaluation, and co-investment opportunities. This position will lead development and strategic oversight of a specific group of managers that will be employed to achieve investment objectives. Additional responsibilities include presenting analyses and recommendations to the Board of Trustees and other stakeholders, and mentoring junior staff. Approximately 60% (3 days) of the work week is spent on-site in the Portland office. Pay is competitive and commensurate with experience.

KEY RESPONSIBILITIES:

Sourcing & Evaluating Investment Managers

• Work in conjunction with Investment Team members and external consultants to identify potential investments.
• Assess both the qualitative and quantitative attributes of investment managers.
• Conduct due diligence of investment opportunities, including on-site visits.
• Evaluate and make recommendations in the context of the MainePERS objectives and market environment.
• Create written briefings and recommendations for the Chief Investment Officer (“CIO”) and Trustees for selected investments.

Monitoring Existing Investments

• Monitor team developments, performance of existing investments, and capital flows.
• Promote a cross-asset class perspective that weighs the relative value of a manager and its impact on the overall portfolio.

• Stay current on market conditions, industry best practices, regulatory developments, and emerging investment trends to identify and recommend appropriate investment actions as necessary.

• Correspond with leading investment experts and formulate market views regarding investment opportunities.

Other Duties

• Assist with the preparation of monthly Trustees reports.
• Develop a proprietary pipeline of managers across asset classes.

• Support CIO and DCIO in development and implementation in key initiatives impacting portfolio and organization.
• Present analyses and recommendations to the Board of Trustees and other stakeholders on areas of responsibility and strategic topics.

• Act as a key resource the Investment Team members rely on for depth and breadth of expertise regarding a specific area of market coverage.
• Contribute to other projects and team initiatives on an ad hoc basis.

• Guide, coach, and develop junior colleagues to strengthen team capabilities.

QUALIFICATIONS:

Minimum Qualifications:

• Bachelor’s degree and three (3) years of analyst level work experience with a complex institutional or governmental investment program; OR an equivalent combination of education, research experience, and demonstrated interest in related industries may be considered. 
• Proficient in Microsoft Office suite. 
• Proficient in Excel and PowerPoint at the Advanced level. 
• Experience preparing and delivering a variety of oral presentations and written reports with attention to detail and quality. 
• Experience using investment-related mathematical concepts including correlations, statistics, performance attribution, and factor analysis.
• Willingness to participate, or progress towards, Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), or other related designations. 
• Ability to travel domestically; valid driver’s license and maintenance of a good driving record. 
• Ability to travel internationally. 

Preferred Qualifications:

• Two or more years of professional experience in an institutional investment setting (pension, endowment, foundation, asset management company, insurance company, family office, etc.) with a focus on due diligence.
• CFA Charterholder or CAIA certification.
• MBA or similar graduate degree.