Senior Investment Analyst - Public Markets

Indiana Public Retirement System; Indianapolis (IN); Hybrid; USD 90,000 - 140,000; Full time

Benefits offered by this job

Health savings account with employer

Prescription coverage

Employer funded retirement plan

Deferred compensation plan

Flexible spending account

Paid holidays

Parking

Job summary

Indiana Public Retirement System in Indianapolis seeks a Senior Investment Analyst to join the Public Markets team and manage investments across asset classes, including public equity and fixed income. You will evaluate funds, monitor managers, develop quantitative models, and ensure policy-compliant allocations.

Ideal candidates have 4+ years in investments, a bachelor’s degree, and pursuing advanced designations (MBA/CFA/CAIA).

Qualifications

• Bachelor’s degree from an accredited four-year college or university.
• Pursuing MBA, CFA, or CAIA is a plus.
• 4+ years of relevant work experience in investments or portfolio management.
• Strong understanding of investment concepts and risk factors.
• Excellent data analysis, reporting, and presentation skills.

Responsibilities

• Conduct analyses and evaluations and participate in due diligence processes pertaining to potential fund investments.
• Monitor investment managers and investments.
• Lead the creation, development, and refinement of quantitative models.
• Ensure asset allocation actions align with investment policies and contracts.
• Proactively monitor asset class portfolios and prepare risk and performance reports.
• Collaborate with INPRS' Investments Team on strategic projects.
• Travel for due diligence on managers as needed.

Skills

Investment concepts

Data analysis

Portfolio monitoring

Due diligence

Communication

Education

Bachelor's degree

MBA/CFA/CAIA pursuing

Tools

Excel

PowerPoint

Job description

Indiana Public Retirement System (INPRS’) is among the largest 100 pension systems in the United States. INPRS serves the needs of approximately over 500,000 members and retirees representing approximately over 1,400 employers, including public universities, school corporations, public safety, municipalities and state agencies. The Indiana Public Retirement System is a public pension fund who manages approximately over $50 billion in assets, making it one of the largest in the United States. We are located in the heart of the city, in downtown Indianapolis, near the circle & across the street from our monumental state house. This position will allow flexible work arrangement, but will require Indiana state residency. This position is not eligible for H-1B or any other kind of temporary or permanent sponsorship for work authorization by the Indiana Public Retirement System. Therefore, if you will require sponsorship from us for work authorization now or in the future, we cannot consider your application at this time.

Why Join our INPRS' Culture

INPRS’ believes that people are the foundation of our success. It takes people with different backgrounds, ideas, and strengths to be successful. Balance in life is important. We strive to have a flexible and supportive environment while not sacrificing service to our members. We pride ourselves by modeling a culture that consists of a collaborative, diverse, inclusive, innovative, and fun environment for our employees. Our mission. As fiduciaries, educate stakeholders, collect necessary contributions, and prudently manage member assets to deliver promised defined benefit and defined contribution benefits and services.

Your Impact:

This position is a member of the Investments Team responsible for the INPRS’ multi-billion dollar investment portfolio. As a member of the Public Markets Team, the Senior Investment Analyst - Public Markets, is responsible for researching, evaluating, recommending, and monitoring investments within the defined benefit and defined contribution plans, which may include public equity, public fixed income, commodities, absolute return, and risk parity. The position is involved in all aspects of investment management including asset allocation, portfolio implementation, manager/investment due diligence and selection, as well as portfolio monitoring. The position also interacts with a wide variety of world-class managers and gains unique insights into global investments.

• Conduct analyses and evaluations and participate in due diligence processes pertaining to potential fund investments.
• Monitor investment managers and investments.
• Lead the creation, development, and refinement of quantitative models.
• Ensure that all actions taken in the asset class allocation are consistent and in accordance with established investment policy guidelines. Ensure compliance with contracts.
• Proactively monitor activities of the asset class portfolio including investment transactions, status reports, risk reports, and portfolio performance.
• Participate as an active member of INPRS' Investments Team.
• Complete Investments Team strategic projects as assigned.

Job Requirements:

• Knowledge of investment concepts, terminology, styles, models, strategies, and fundamental investment factors.
• Considerable skill in using a computer in a Windows environment with word processing, spreadsheet, presentation, database, and other business software to prepare correspondence, spreadsheets, charts, and reports.
• Considerable skill in conducting data searches and evaluations of large amounts of information, performing complex analysis of the data, and preparing concise and accurate reports and written / oral recommendations.
• Exceptional skill in planning, organizing, and prioritizing work assignments to manage a high-volume workload in a fast-paced, changing environment and in completing detailed work with a high degree of accuracy.
• Excellent verbal and/or written communication of complex information that is accurate, timely and based on sound judgment, and in making presentations to groups with varied levels of investment knowledge.
• Excellent judgment and critical thinking skills.
• Ability to establish and maintain harmonious working relationships with co-workers, agency staff, and external contacts, and to work effectively in a professional team environment.
• Ability to travel as needed in order to conduct due diligence on investment managers and monitor current managers/investments.

Experience and Qualifications:

• Bachelor’s degree from an accredited four-year college or university.
• Pursuing applicable post-graduate education and/or designations (MBA, CFA, CAIA).
• 4+ years of relevant work experience.
• Competitive compensation with investment incentive compensation plan
• Flexible Work Arrangement
• Health savings account with employer contribution
• Prescription coverage
• Employer funded retirement plan (pension plan)
• Deferred compensation plan (employer and/or employee contribution plan)
• Flexible spending account
• Work/life balance (37.5 hours weekly)
• 12 paid holidays; 14 during election year
• Paid leave (personal, sick, vacation)
• Group life insurance
• Employer-paid downtown parking

For more information about our organization, please visit our INPRS Careers Page: https://www.in.gov/inprs/careers.htm.

The Indiana Public Retirement System (INPRS) is an Equal Opportunity Employer and is committed to recruit, select, develop, and promote employees based on individual ability and job performance. Our policy is to provide equal employment opportunity to all people in all aspects of employer-employee relations without discrimination because of race, color, creed, religion, sex, national origin, ancestry, age, sexual orientation, gender identity, physical or mental disability, or veteran status. We will comply with the spirit as well as the letter of all applicable state and federal laws.

Indiana Public Retirement System has established a culture that welcomes equity, inclusion, and opportunity for all employees and applicants. We encourage you to apply if you feel you have the transferrable skills to be successful in this position and we look forward to reviewing your application.

**This position is not eligible for visa sponsorship or any other kind of temporary or permanent sponsorship** for work authorization by the Indiana Public Retirement System. Therefore, if you will require sponsorship from us for work authorization now or in the future, we cannot consider your application at this time.