Public Equity Portfolio Manager

Fundfire; Raleigh (NC); Hybrid; USD 150,000 - 210,000; Full time

Benefits offered by this job

Relocation assistance

Pension plan

Hybrid work schedule

On-site 4 days/week

Job summary

North Carolina Investment Authority is recruiting for a Public Equity Portfolio Manager to oversee equity investments and portfolio construction as part of its Pension Fund Investment Program. The role emphasizes governance, best practices, and a focus on state pension assets.

The ideal candidate will have 5+ years in equity research and portfolio management, CFA or equivalent certifications preferred, and a strong background in a professional investment setting.

Qualifications

• Bachelor’s degree or equivalent experience; CFA desired or other relevant professional certifications is a plus.
• 5+ years of industry experience in equity research, investment analysis, and portfolio management within a sector/industry via investment management, investment banking, pension plan, endowment/foundation, or investment consulting.

Skills

Equity research

Portfolio management

Investment analysis

Industry focus

Education

Bachelor’s degree or equivalent

MBA/Advanced degree preferred

CFA or other certs a plus

Job description

The North Carolina Investment Authority is excited to share that we are recruiting to fill aPublic EquityPortfolio Managerposition! The North Carolina Investment Authority (NCIA) is a separate and independent state agency, governed by a Board of Directors chaired by the State Treasurer, tasked with investing North Carolina’s $144 billion in pension assets. The NCIA was created effective July 1st, 2025, and assumed statutory investment powers and duties from the Department of State Treasurer effective January 1, 2026. The North Carolina Investment Authority employs investment professionals that provide expertise for state government investing in our state Pension Fund Investment Program, Cash Management, Supplemental Retirement Plans, and Ancillary Governmental Participant Investment Program.

As aPublic Equity Portfolio Manager, qualified candidates will have the following education, experience, and skills:

• Education:Bachelor’s degree or equivalent years of experience. Advanced degree/MBA is preferred.CFA desired or other relevant professional certifications is a plus.
• Experience:5+ years of industry experience in a non-academic setting focusing on equity research, investment analysis, and portfolio management within a particular sector/industry via investment management, investment banking, pension plan, endowment/foundation, or investment consulting. The ideal candidate would have an established background in either traditional fundamental equity research and/or consolidated research (credit, equity, etc.) having worked within an investment management firm, investment bank, consulting firm, third-party research firm, pension plan, foundation or endowment.

Experience the NCIA Difference:

• Building a new organization committed to executing best practices in governance and investing.
• Committed to investing in its team through ongoing training and professional development.
• Provides career growth opportunities for motivated employees.
• Market-based compensation, including an Incentive Compensation Plan.
• Raleigh consistently ranks high in quality-of-life assessments. It was recently placed in the top 5 of U.S. News and World Report's "Best Places to Live for Quality of Life" for 2024-2025, highlighting its family-friendly atmosphere and a cost of living that is on par with the national average (source: Raleigh NC Is Ranked Top 5 Places to Live in the US | New Home Inc. )
• Help with relocation costs.
• Currently, hybrid positions require on-site work 4 days a week in our Raleigh, NC office. Employees may work remotely one day a week. Hybrid schedule is subject to change.
• Offer a mandatory pension and supplemental retirement plans.