Risk Investment Analyst

Ignites; Raleigh (NC); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Relocation assistance

Pension plan

Supplemental retirement plans

Job summary

The North Carolina Investment Authority (NCIA) is seeking a Risk Investment Analyst to join the Risk Management team in Raleigh. The role focuses on implementing and maintaining our investment risk analytics platform, data quality, and reporting workflows while conducting rigorous investment analysis and due diligence.

You will prepare reports for senior leadership and participate in investment manager meetings, helping inform governance decisions.

Qualifications

• Bachelor’s degree in finance, accounting, economics, business, statistics, investments, or related field with 2+ years of relevant investment experience.
• Experience with risk analytics platforms, data quality, model management, and system processes.
• Ability to produce recurring and ad hoc reports and improve risk- and performance-reporting workflows.
• Experience evaluating financial and investment data using performance metrics and risk analysis.
• Prepare cash forecasts, monitor investment exposures and cash flows, and support forecasting.
• Participate in meetings with investment managers and complete due diligence including charts and analysis.
• Develop reports and materials for senior leadership and committees.

Responsibilities

• Support risk analytics platform maintenance, data quality, model management, and system processes.
• Produce recurring and ad hoc risk and performance reports for internal stakeholders.
• Evaluate financial data using metrics, attribution, and risk measures.
• Monitor cash forecasts, investment exposures, and cash flows; assist in forecasting.

Skills

Risk analytics

Reporting

Investment analysis

Portfolio oversight

Due diligence

Stakeholder communication

Excel

PowerPoint

Bloomberg

FactSet

MSCI Burgiss Private i

CFA/CAIA/FRM pursuit

Education

Bachelor's degree in finance or related field

Tools

FactSet

MSCI Burgiss Private i

Bloomberg

Job description

The North Carolina Investment Authority is excited to share that we are recruiting to fill aRisk Investment Analyst on the Risk Management team! 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.

For theRisk Investment Analyst position, qualified candidates will have the following education, experience, and skills:

• Education and experience: Bachelor’s degree in finance, accounting, economics, business, statistics, investments, or a related field, plus at least two years of relevant investment experience.
• Risk analytics platform support: Help implement and maintain the organization’s investment risk-management and analytics platform, including data quality, model management, and system processes.
• Reporting and process improvement: Use internal and external databases to produce recurring and ad hoc reports while improving performance- and risk-reporting workflows.
• Investment analysis: Evaluate financial and investment data through performance measurement, attribution analysis, risk metrics, and other quantitative techniques.
• Portfolio oversight: Prepare total-plan cash forecasts, monitor investment exposures and cash flows, and support economic and business-condition forecasting.
• Manager and compliance due diligence: Participate in meetings with current and prospective investment managers and complete compliance reviews for potential investments, including supporting charts and visual analysis.
• Stakeholder communication: Develop reports and presentation materials for senior leadership, the Investment Committee, Board of Trustees, plan participants, and other internal and external stakeholders.
• Management Preferences: Advanced proficiency in Excel, PowerPoint, Word, FactSet, MSCI Burgiss Private i, and Bloomberg; preference for candidates with investment analytics, statistics, or financial mathematics experience who are pursuing a CFA, CAIA, or FRM designation

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.