Private Debt Portfolio Manager | Strategic Execution

New Mexico State Investment Council; Santa Fe (NM); On-site; USD 145,000 - 260,000; Full time

Benefits offered by this job

Competitive salary package

Healthcare options

PERA retirement plan

Professional development opportunities

Job summary

The New Mexico State Investment Council (NMSIC) seeks a seasoned Portfolio Manager to support the Private Debt Program and drive investment execution across the asset class. You will manage manager relationships, perform due diligence, and shape recommendations that influence portfolio construction, risk, and returns.

You'll work under the Asset Class Director, maintaining external networks and delivering high-quality documentation within a funded investment office.

Qualifications

• Relevant professional experience in institutional investing, asset management, manager research, or comparable environment.
• Experience conducting investment research, manager due diligence, underwriting, monitoring, or portfolio analysis.
• Ability to evaluate investment strategies, organizations, performance, risk, portfolio construction, and qualitative factors and translate analysis into clear investment conclusions.
• Strong written and verbal communication skills to present investment recommendations to senior professionals.
• Ability to manage multiple investment workstreams, meet deadlines, and document work within a collaborative investment setting.

Responsibilities

• Respond to administrative requests, prepare correspondence, format documents, and maintain templates and procedures.
• Draft and distribute internal communications and meeting notices; review documents for clarity and professionalism.
• Develop and maintain standard operating procedures, templates, and process improvements for recurring administrative functions.
• Serve as investment execution partner translating asset class direction into sourcing, underwriting, recommendations, and manager monitoring.
• Maintain a strong pipeline of prospective managers and lead due diligence across investment, organizational, operational, governance, and performance factors.
• Develop clear, actionable investment recommendations and support implementation across investment, legal, operations, and risk functions.
• Oversee day-to-day monitoring of assigned managers, identifying material developments, risks, and changes in conviction.
• Contribute to asset class portfolio construction through analysis of manager fit, diversification, liquidity, fees, and expected returns.
• Maintain high-quality documentation and operate within the Fund’s Manager Risk framework.
• Provide team leadership through technical excellence and mentoring.

Skills

Investment research

Due diligence

Portfolio analysis

Written communication

Team collaboration

Project management

Education

MBA or relevant graduate degree

CFA/CAIA/FRM or similar credential

Job description

The New Mexico State Investment Council (NMSIC) seeks a seasoned Portfolio Manager to support the Private Debt Program and drive investment execution across the asset class. You will manage manager relationships, perform due diligence, and shape recommendations that influence portfolio construction, risk, and returns.

You'll work under the Asset Class Director, maintaining external networks and delivering high-quality documentation within a funded investment office.