Investment Portfolio Manager, Grade N29

Montgomery County, Maryland; North Bethesda (MD); On-site; USD 102,000 - 165,000; Full time

Job summary

Montgomery County Investment Boards seeks an analytical investment professional to join the team. The role involves independent evaluation of opportunities, managers, and markets, with a focus on synthesizing data into actionable investment recommendations.

The ideal candidate uses advanced analytics, data platforms, and investment systems to assess performance and risk, and to support decision-making for Boards and senior staff.

Qualifications

• Five years of applicable professional experience in investment administration or related fields.
• Bachelor’s degree required; Master’s degree and CFA/CPA preferred.

Responsibilities

• Conduct rigorous quantitative and qualitative investment research to support decisions.
• Evaluate performance, risk, portfolio exposures, and investment opportunities across asset classes.
• Perform manager and investment due diligence including benchmarking and risk/return assessment.
• Develop clear, data-supported investment recommendations and present to senior staff/Boards.
• Prepare investment memoranda, analytical reports, and presentations communicating findings and assumptions.
• Assist leadership on investment-related projects; may require travel.

Skills

Analytical thinking

Quantitative analysis

Research

Problem solving

Communication skills

Education

Bachelor’s Degree in Accounting, Economics, Finance, or related field

Master’s Degree (preferred)

CFA or CPA certification (preferred)

Tools

Investment analytics software

Financial databases

Portfolio/risk systems

Job description

Please note: The salary range above represents this position’s earning potential. The anticipated hiring range for this position will be $101,622 to $165,323, based on the candidate’s qualifications and experience.

WHO WE ARE

The mission of the Montgomery County Investment Boards is to manage prudent investment programs for the Montgomery County Employee Retirement Plans and Consolidated Retiree Health Benefits Trust with assets of nearly $10 billion. The Investment Boards are responsible for establishing investment policies, overseeing asset allocation, evaluating and monitoring investment managers, and managing investment risk in fulfilment of their fiduciary responsibilities.

MCIB invests across a broad range of public and private market strategies. Our investment team works closely with the Boards to conduct investment research and analysis, evaluate investment opportunities and managers, monitor portfolio performance and risk, and develop recommendations that support the long-term objectives of the plans

WHO WE ARE LOOKING FOR

We are seeking a highly analytical investment professional with strong research, quantitative, and problem-solving skills to join the investment team. The successful candidate will have the ability to independently evaluate investment opportunities, managers, markets, and portfolio risks; synthesize complex financial and economic information; and translate analysis into clear, well-supported investment recommendations.

The ideal candidate will be intellectually curious and comfortable using advanced analytical technologies, investment systems, data platforms, and software tools to conduct research, analyze portfolios, evaluate risk and performance, and improve investment decision-making. Strong written and verbal communication skills are essential, including the ability to present complex analyses clearly and respond effectively to questions from senior investment staff and the Boards.

Conduct rigorous quantitative and qualitative research on investment managers, strategies, asset classes, financial markets, and portfolio risks to support investment decisions.

Use advanced investment technologies, analytical software, data platforms, and other research tools to evaluate performance, risk, portfolio exposures, market conditions, and investment opportunities.

Perform manager and investment due diligence, including performance and attribution analysis, benchmarking, risk/return assessment, and evaluation of investment strategies and organizations.

Work across different asset classes in both public and private markets

Develop clear, data-supported investment recommendations and present findings to senior investment staff and, as appropriate, the Boards.

Monitor existing investments and identify changes in performance, risk, markets, organizations, or strategies that warrant further analysis or action.

Contribute to portfolio construction, asset allocation, risk management, investment policy, cash-flow analysis, and other portfolio-level projects.

Prepare investment memoranda, analytical reports, presentations, and other materials that clearly communicate findings, assumptions, risks, and recommendations.

Assist Executive Director/CIO and Senior Investment Officers on their investment-related projects and initiatives

May require national and/or international travel.

Individuals appointed to this position will be required to serve a probationary period of twelve (12) months during which time performance will be carefully evaluated. Continuance in the position will be contingent upon successful completion of the probationary period.

Experience:

Thorough (five (5) years) of applicable professional experience, demonstrating advanced knowledge and competence in the financial, business administration, and/or investment administration fields.

Education:

Graduation from an accredited college or university with a Bachelor’s Degree in Accounting, Economics, Business Administration, Finance, or related field. A Master’s Degree and CFA or CPA certification is preferred.

Equivalency:

An equivalent combination of education and experience may be substituted.

Financial Disclosure:

This role requires the completion of a financial disclosure.

All Applicants will be reviewed by the Office of Human Resources (OHR) for minimum qualifications.

Preference for interviews will be given to applicants whose uploaded resume/curriculum vitae contains demonstrated experience and performance success in the following areas:

• Applicants with demonstrated experience conducting rigorous quantitative and qualitative investment research and translating the research into actionable investment recommendations
• Applicants with demonstrated proficiency using investment analytics, financial databases, portfolio/risk systems, programming or data-analysis tools and other advanced technologies to conduct investment research and analysis
• Applicants with experience performing investment manager due diligence, selection and monitoring
• Applicants with experience in asset allocation and asset class research
• Applicants who demonstrate the ability to communicate complex investment analyses clearly and persuasively, both orally and in writing

Applicants selected for interviews may participate in a multi-round interview process. The final round may include an investment case study and presentation designed to assess analytical and research capabilities, use and interpretation of investment data, judgment, and communication skills. Candidates may be asked to analyze provided information, develop and present conclusions and/or recommendations, and respond to follow-up questions regarding their analysis, assumptions, and methodology.