Investment Analyst (Multiple Openings)

Texas Permanent School Fund Corporation; United States; Hybrid; USD 70,000 - 95,000; Full time

Benefits offered by this job

Retirement benefits

Health insurance

Paid holidays

Flexible work arrangements

Free parking

Job summary

The Texas Permanent School Fund Corporation is seeking an Investment Analyst with up to two years of experience in investment banking, endowment investing, asset management, or related investing roles or internships. These openings span several investment strategies including venture capital, private and public credit, and absolute return strategies.

We are looking for candidates with strong Excel and financial modeling skills, a solid understanding of credit metrics and capital structures, and

Qualifications

• Strong financial modeling and excel skills.
• Strong understanding of credit metrics and capital structures.
• Proficiency with Bloomberg or PitchBook or Power BI or Tableau preferred.
• Pursuit of CFA, CAIA, or equivalent finance certifications is a plus.
• Strong PowerPoint and presentation skills.
• Willingness to learn and adapt to new technologies, methodologies, and market dynamics.
• Awareness of economic indicators and market trends.

Responsibilities

• Investment due diligence & portfolio support across public and private markets.
• Market & investment research to identify risks and opportunities.
• Financial & investment analysis including company and credit analysis, and investment modeling.
• Operations & administrative support to the team and maintain thorough records.

Skills

Financial modeling

Excel

Credit metrics

Market research

Presentation skills

Education

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

Tools

Bloomberg

PitchBook

Power BI

Tableau

Job description

Who We Are

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. Today, PSF manages more than $60 billion in assets and invests with a long-term perspective to generate sustainable funding for Texas K–12 education. Our $60 billion portfolio is diversified across major asset classes, including venture capital, co-investments, private & public credit, ARS/equities, real assets, and private equity. This breadth provides exposure to a wide range of investment strategies and allows us to leverage deep expertise across the portfolio. Through disciplined investing and strong operational, legal, financial, and governance functions, Texas PSF serves as a careful steward of public capital. Our work helps secure billions of dollars in school district bonds and supports more than 5 million students across 1,000+ school districts statewide. Guided by principles of fiduciary responsibility, integrity, and service to Texans, PSF plays an enduring role in strengthening public education and investing in Texas’s future.

Job Summary

We are seeking an Investment Analyst with up to two years of experience in investment banking, endowment investing, asset management, or related investing roles or internships. These openings span several investment strategies including venture capital, private and public credit, and absolute return strategies.

What You’ll Do

• Investment Due Diligence & Portfolio Support
  • Support due diligence on prospective investments, investment managers, and co-investment opportunities across public and private markets
  • Evaluate investment opportunities through company, industry, manager, and market research alongside senior investment professionals
  • Monitor existing investments and assess performance, risk, exposures, and other relevant portfolio developments
  • Prepare investment materials and analysis to support investment recommendations and portfolio decisions
  • Assist senior investment professionals with portfolio management, investment monitoring, and program administration
• Market & Investment Research
  • Research companies, industries, investment managers, markets, and emerging themes to identify potential risks and opportunities
  • Conduct macroeconomic, market, and strategy-specific research to support investment decisions
  • Analyze trends across public and private markets, including venture capital, credit, public equities, and absolute return strategies
• Financial & Investment Analysis
  • Perform financial and investment analysis appropriate to the strategy, including company analysis, credit analysis, manager evaluation, and investment modeling
  • Analyze financial statements, business fundamentals, capital structures, investment performance, and risk
  • Develop portfolio and investment analyses assessing factors such as performance, liquidity, risk, exposures, and underlying 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

What We’re Looking For

• Bachelor's degree in finance, Accounting, Economics, or a related field
• Up to 2 years in investment banking, finance, consulting or investing
• Strong financial modeling and excel skills
• Strong understanding of credit metrics and capital structures
• Proficiency with Bloomberg or PitchBook or Power BI or Tableau Preferred but not required
• Progress toward CFA, CAIA, or equivalent finance certifications
• PowerPoint and Presentation skills
• Willingness to learn and adapt to new technologies, methodologies, and market dynamics
• Awareness of economic indicators and market trends

Travel/Schedule Requirements

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

Key Benefits

Texas PSF’s status as a special purpose governmental corporation allows for a unique opportunity to provide state employee benefits along with other company perks. Our extensive state employee benefits package includes retirement benefits, employer‑paid health and basic life insurance, generous paid holidays, and multiple retirement options—along with longevity pay and a range of optional insurance plans. You can find additional benefits details at www.ers.texas.gov. Employees also enjoy various in-house training and professional development opportunities, free downtown parking, flexible work arrangements, and an office location near the Moody Amphitheater at Waterloo Park.

The Texas Permanent School Fund (PSF) is a constitutionally established education endowment created by Texas’ first Constitution in 1845 as a perpetual fund to support the state’s public schools, and it was seeded with $2 million in 1854. Since that time, the PSF has grown to more than $57 billion in assets and distributes over $2.4 billion annually to Texas K–12 schools. In 2021, the 87th Texas Legislature established the Texas Permanent School Fund Corporation (Texas PSF) as a stand‑alone, special‑purpose governmental corporation. Today, PSF manages its assets with a long‑term investment perspective to generate sustainable funding for public education. Through a diversified investment platform and strong 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 5 million students across 1,000+ school districts statewide. Guided by principles of fiduciary responsibility, integrity, and service to Texans, PSF plays an enduring role in strengthening public education and investing in Texas’s future.

Home - Texas Permanent School Fund Corporation