Senior Investment Analyst

Texas Permanent School Fund Corporation; United States; Hybrid; USD 70,000 - 110,000; Full time

Benefits offered by this job

Retirement benefits

Health insurance

Flexible work arrangements

Free downtown parking

Job summary

Texas Permanent School Fund Corporation is seeking an experienced Investment Analyst to join the Private and Public Credit team. You will conduct macro and micro research, support due diligence, and help model co-investments to inform portfolio decisions.

You will collaborate with senior staff, manage research workflows, and contribute to monitoring activities across credit investments. A strong analytic mindset and 3+ years in finance are essential.

Qualifications

• Bachelor's degree in finance, accounting, economics, or related field.
• 3+ years of experience in investment banking, finance, consulting, or investing.
• Strong financial modeling and Excel skills.
• Proficiency with Bloomberg, PitchBook, Power BI, or Tableau.
• Progress toward CFA/CAIA or equivalent certifications is preferred.

Responsibilities

• Support investment due diligence by compiling research and drafting materials.
• Monitor and assess portfolio investments for performance, liquidity, and risk.
• Assist with market and macro/microeconomic research to guide investment decisions.
• Contribute to co-investment modeling and portfolio analysis reports.
• Provide general operational and administrative support to the team.

Skills

Financial modeling

Excel skills

PowerPoint skills

Presentation skills

Education

Bachelor's degree in finance/Accounting/Economics

Tools

Bloomberg

PitchBook

Power BI

Tableau

Job description

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. Through a diversified investment portfolio, along with strong operational, legal, financial, and governance functions, 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

As an experienced Investment Analyst within the Private and Public Credit team at Texas PSF Corporation, you will play a pivotal role in researching markets and analyzing fund investment opportunities in addition to providing support for modeling co-investments. This role involves applying advanced financial analysis, market research, and investment modeling to real-world decisions, while collaborating closely with team members to deliver strategic insights and achieve portfolio objectives. You’ll conduct macro-level research, assist with due diligence, and contribute to investment recommendations and monitoring activities. We’re seeking a detail-oriented, analytical professional with over three years of experience in investment banking, finance, consulting, or investments, who is ready to take ownership of complex projects and contribute meaningfully to a dynamic, credit-focused investment team.

What You’ll Do

Investment Due Diligence & Portfolio Support

• Support due diligence processes by compiling research, maintaining deal flow tracking, and drafting internal materials
• Monitor and assess existing portfolio investments including performance and risk/exposures
• Evaluate new credit investments, including manager and co-investments, alongside more senior investment personnel
• Assist senior investment personnel with portfolio management and program administration

Market & Investment Research

• Scan public and private markets for emerging trends, risks, and opportunities
• Conduct macro and microeconomic research to support investment decisions

Financial Analysis & Modeling

• Assist with financial analysis of investment opportunities, including manager analysis and co-investment modeling
• Create portfolio analysis reports that assess liquidity, risk, and underlying credit 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

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.

What We’re Looking For

• Bachelor's degree in finance, Accounting, Economics, or a related field
• Over 3 years of experience 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.

About PSF

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.