Junior Investment Professional - PSERS

Full Job Description

Would you enjoy serving a critical role in helping to secure the pensions for hundreds of thousands of teachers and public-school employees in Pennsylvania? Do you have a Bachelors degree and are passionate about investing? Are you an investment professional who is looking for a challenging, yet rewarding, new opportunity in public markets? Do you enjoy working in a collaborative team environment? If so, this may be the opportunity for you. We are looking for a Junior Investment Professional to join our Public Markets team at PSERS.

The Pennsylvania Public School Employees' Retirement System (PSERS, www.psers.pa.gov), is an agency in the Commonwealth of Pennsylvania that administers the pension plan for Pennsylvania's public school employees. The mission of PSERS is to maintain a financially sound System that supports over a half million members with a current pension fund of approximately $80+ billion. This position will play a contributing part in ensuring PSERS fulfills its mission and values.

PSERS is located in Harrisburg, PA, a mid-size city situated along the Susquehanna River. Teleworking is optional, with an occasional need to report to the Harrisburg office as operationally necessary. If requesting to telework, you must have a securely configured high-speed internet connection and be located in Pennsylvania. The Harrisburg area is affordable and near many attractions including Hershey, and it is only two hours from major cities and airports like Philadelphia, Baltimore, and Washington D.C.

Junior Investment Professionals may qualify for automatic promotion to Intermediate Investment Professional based upon established longevity and performance criteria.

Requirements

This position will provide basic analytical support to the Portfolio Strategy, Market Risk and Public Markets External Manager teams in many aspects of the investment management process and span a broad range of asset classes. In this position, you will assist in data analysis to include performance and attribution data, perform analysis of portfolio positioning and risks, participate in meetings with internal and external partners, assist in the monitoring of externally managed strategies, and interact with internal portfolio management teams.

A successful candidate for this position will be able to demonstrate the following: mature organizational and time management skills; ability to meet tight deadlines; strong attention to detail/technical acumen; excellent analytic and communication skills; ability to quickly learn dynamic and new concepts; strong interpersonal skills; and collaborative work ethic.

Interested in learning more? Additional details regarding this position can be found in the position description.

Work Schedule and Additional Information:

• Full-time employment
• Work hours: 7.5 consecutive hours between 7:30 AM and 5:00 PM, Monday - Friday, with a one-hour or half an hour lunch. Hours are negotiable.

Telework: You may have the opportunity to work from home (telework) part-time. This position is hybrid telework eligible, dependent on operational and executive leadership requirements.

The general expectation for this role will be to report to the office in Harrisburg one day a week.

In order to telework, you must have a securely configured high-speed internet connection and work from an approved location inside Pennsylvania.

If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg. The ability to telework is subject to change at any time.

Additional details may be provided during the interview.

• Salary: In some cases, the starting salary may be non-negotiable.
• You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.

Qualifications

QUALIFICATIONS

Minimum Experience and Training Requirements:

• A Bachelor’s degree; or
• Four years performing relevant public markets investment work; or
• An equivalent combination of experience and training.
• Successful completion of any of the following professional accreditations may be substituted for relevant work experience:
  • Chartered Financial Analyst (CFA): 1 year per level passed
  • Chartered Alternative Investment Analyst (CAIA): 1 year
  • Financial Risk Manager (FRM): 1 year per level passed
  • Professional Risk Manager (PRM): 1 year
• Applicants will be considered to have met the educational requirements once they are within 3 months of graduating with a qualifying degree/credit.

Additional Requirements:

• You must attach a resume and cover letter to your application.
• You must be able to perform essential job functions.

Preferred Qualifications (not required):

• A bachelor's degree with a concentration in the areas of finance, mathematics, statistics, actuarial science, data science, or economics
• Three credits or more of college coursework in investment analysis
• Internship or comparable three months or more of work experience in performing investment analysis
• Experience using Microsoft Excel or comparable spreadsheet program
• Completion of one or more levels of the following certifications: CFA, FRM, CAIA, or PRM

Legal Requirements:

• A conditional offer of employment will require submission of criminal history reports. See hiring agency contact information.

How to Apply:

You must attach a resume and cover letter to your application for review by the hiring manager.

However, the information contained therein will not be considered for the purposes of determining your eligibility for the position.

Information to support your eligibility for the position must be provided on the application (i.e., relevant, detailed experience/education).

If you are claiming education in your answers to the supplemental application questions, you must attach a copy of your college transcripts for your claim to be accepted toward meeting the minimum requirements. Unofficial transcripts are acceptable.

Your application must be submitted by the posting closing date. Late applications and other required materials will not be accepted.

Failure to comply with the above application requirements may eliminate you from consideration for this position.

Veterans:

• Pennsylvania law (51 Pa. C.S. §7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to www.pa.gov/agencies/employment/how-to-apply.html and click on Veterans.

Telecommunications Relay Service (TRS):

• 711 (hearing and speech disabilities or other individuals).

If you are contacted for an interview and need accommodations due to a disability, please discuss your request for accommodations with the interviewer in advance of your interview date.

The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply.