Intermediate Investment Analyst

Tennessee Department of Treasury; Nashville (TN); On-site; USD 70,000 - 110,000; Full time

Job summary

The Tennessee Department of Treasury Investment Division in Nashville, TN is seeking an Intermediate Investment Analyst to support the public fixed income portfolio within the Tennessee Consolidated Retirement System (TCRS). This role offers a stimulating environment with a talented team of investment professionals.

You will contribute to research, modelling and performance reporting, with a focus on corporate credit analysis and economic data interpretation, while also handling fixed income

Qualifications

• Active participation in the daily cash investing process.
• Modeling and spreadsheet building to conduct research and statistical analysis of economic data and investments, focusing on corporate credit analysis.
• Conducting ad hoc quantitative projects for the fixed income portfolio.
• Performance & risk reporting to internal and external recipients.
• Back up portfolio managers in trading and portfolio management, monitoring and rebalancing fixed income portfolios.
• Preparing fixed income presentation materials and contributing to management of TCRS portfolios.

Responsibilities

• Active participation in the daily cash investing process.
• Modeling and spreadsheet building to conduct research and statistical analysis of economic data and investments. Focus will be on corporate credit analysis, but may also involve structured assets.
• Conducting ad hoc quantitative projects for the fixed income portfolio.
• Performance & risk reporting to both internal and external recipients.
• Backing up portfolio managers in trading and portfolio management (monitoring and rebalancing fixed income portfolios to ensure compliance with guidelines and risk & performance targets).
• Preparing fixed income presentation materials.

Skills

Corporate credit analysis

Statistical analysis

Financial modeling

Research

Investment analysis

Risk reporting

Education

Bachelor's degree in a relevant discipline

CFA designation / MBA or related program

Job description

The Investments Division of the Tennessee Department of Treasury serves all the people of Tennessee by stewarding financial resources for many programs that help the Tennessee community – from a teacher’s retirement to a child’s college fund, and beyond. We invite you to consider joining our diverse team of intellectually curious professionals, who embrace the unique value each of us brings to the group as we work together toward our shared goals. Joining our team offers competitive compensation, excellent health and wellness benefits, a top-ranked retirement plan, work-life balance and flexibility, a supportive place to grow in your profession, and a great city in which to live.

Job Overview:

Tennessee Department of Treasury Investment Division is seeking an Intermediate Investment Analyst to support the public fixed income portfolio within the Tennessee Consolidated Retirement System (TCRS). This position offers a stimulating and rewarding opportunity to work with a talented team of investment professionals in a creative environment. This position is located in Nashville, TN.

Distinguishing Features:

The Fixed Income Portfolio represents over $16 billion in net asset value within the TCRS. This position will be responsible for assisting the portfolio managers with the discovery, research and evaluation of investments for inclusion in fixed income portfolios. This process will include industry, credit and statistical analysis. In addition, this position requires administrative work related to fixed income trading and portfolio management. After a training period the candidate is expected to also be actively involved in the management of the State’s short term cash portfolio as well as other pension-related fixed income portfolio under supervision. In addition to the TCRS portfolios, this position may participate in the management of other portfolios under the direction of the Treasurer.

Key Responsibilities:

• Active participation in the daily cash investing process/
• Model and spreadsheet building to conduct research and statistical analysis of economic data and investments. Focus will be on corporate credit analysis, but may also involve structured assets.
• Conducting ad hoc quantitative projects for the fixed income portfolio.
• Performance & risk reporting to both internal and external recipients.
• Backing up portfolio managers in trading and portfolio management (monitoring and rebalancing fixed income portfolios to ensure compliance with guidelines and risk & performance targets).
• Working on fixed income administrative items, which are, but not limited to, uploading portfolios to a risk system, updating risk reports, fixed income models and economic metrics. Examples of other duties will be the daily cash update and capturing daily pricing data.
• Preparing fixed income presentation materials
• Contributing to the management of TCRS and other Treasury portfolios
• Graduation from a four-year college or university with a bachelor’s degree in an appropriate discipline
• Minimum three years of relevant experience, and/or some qualifying work toward either the Chartered Financial Analyst (CFA) designation, a post-bachelor program in a relevant field, or an MBA/