Investment Analyst

Texas Permanent School Fund Corporation; United States; Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

Employer-paid health and life insurance

Generous paid holidays

In-house training and professional development

Job summary

The Texas Permanent School Fund Corporation seeks an Investment Analyst to join the Private and Public Credit team. Responsibilities include conducting thorough investment research, supporting investment modeling, and delivering strategic insights to meet portfolio objectives.

Candidates should hold a Bachelor’s degree in finance or a related field, have strong financial modeling skills, and ideally be progressing towards CFA or similar certifications. The role offers a hybrid work schedule with travel requirements up to 10%.

Benefits include a unique employee benefits package, generous paid holidays, and various retirement options.

Qualifications

• Up to 2 years in investment banking, finance, consulting, or investing.
• Progress toward CFA, CAIA, or equivalent finance certifications is preferred.
• Willingness to learn and adapt to new technologies and market dynamics.

Responsibilities

• Support due diligence processes and maintain deal flow tracking.
• Monitor and assess existing portfolio investments including performance.
• Conduct macro and micro-economic research to support investment decisions.
• Assist with financial analysis of investment opportunities.

Skills

Financial modeling and Excel skills

Strong understanding of credit metrics

Proficiency with Bloomberg

Proficiency with PitchBook

Proficiency with Power BI

Proficiency with Tableau

PowerPoint skills

Education

Bachelor’s degree in finance, accounting, economics, or related field

Job description

Who We Are

The Texas Permanent School Fund (PSF) is a constitutionally established education endowment with a 150+ year history of supporting Texas public schools. PSF manages more than $60billion in assets and invests with a long‑term perspective to generate sustainable funding for Texas K–12 education. Through a diversified investment portfolio and robust operational, legal, financial, and governance functions, PSF serves as a careful steward of public capital, helping secure billions of dollars in school district bonds and supporting more than 5million students across 1,000+ school districts statewide.

Job Summary

As an experienced Investment Analyst within the Private and Public Credit team, you will research markets and analyze fund investment opportunities, support investment modeling, and collaborate closely with team members to deliver strategic insights and meet portfolio objectives.

What You’ll Do

• Investment Due Diligence & Portfolio Support
  
  • Support due diligence processes by compiling research, maintaining deal flow tracking, and drafting internal materials.
  • Monitor and assess existing portfolio investments, including performance and risk/exposures.
  • Evaluate new credit investments (managers and co‑investments) alongside senior investment personnel.
  • Assist with portfolio management and program administration.
• Market & Investment Research
  
  • Scan public and private markets for emerging trends, risks, and opportunities.
  • Conduct macro and micro‑economic research to support investment decisions.
• Financial Analysis & Modeling
  
  • Assist with financial analysis of investment opportunities, including manager analysis and co‑investment modeling.
  • Create portfolio analysis reports that assess liquidity, risk, and underlying credit fundamentals.
• Operations & Administrative Support
  
  • Provide general support to the team on a day‑to‑day basis.
  • Maintain thorough records for both public and private credit strategies.

Key Qualifications

• Bachelor’s degree in finance, accounting, economics, or a related field.
• Up to 2years in investment banking, finance, consulting, or investing.
• Strong financial modeling and Excel skills.
• Strong understanding of credit metrics and capital structures.
• Proficiency with Bloomberg, PitchBook, Power BI, or Tableau.
• Progress toward CFA, CAIA, or equivalent finance certifications is preferred.
• PowerPoint and presentation skills.
• Willingness to learn and adapt to new technologies, methodologies, and market dynamics.
• Aware of economic indicators and market trends.

Travel / Schedule Requirements

Domestic travel up to 10%. Hybrid office/telework schedule. Ability to work or travel outside of normal business hours.

Key Benefits

• Unique state employee benefits package, including retirement benefits and employer‑paid health and basic life insurance.
• Generous paid holidays and multiple retirement options, along with longevity pay.
• Optional insurance plans and in‑house training and professional development opportunities.
• Free downtown parking and flexible work arrangements.
• Office location near the Moody Amphitheater at Waterloo Park.