Salary: $115,828.46 - $150,577.01 Annually

Location: Nashville, TN

Job Type: Full-Time Civil Service

Job Number: 25052E

Department: Finance

Division: Treasurer

Opening Date: 09/27/2024

Closing Date: 10/18/2024 11:59 PM Central

Position Description

This posting will be used to fill three (3) newly created positions within the Division of Treasurer’s Office in the Finance Department. The Portfolio Manager is responsible for planning, directing, and coordinating investments for the Metro Pension Fund. Overseeing trade and investments in fixed income, equity or alternatives securities as assigned by the Metropolitan Treasurer and performs related duties as required.

Seeking an individual that can use their investment knowledge and financial industry experience to perform highly specialized financial analysis to support the Metro Pension Fund. This individual will actively participate in the development, recommendation, implementation and monitoring of all aspects of the Metro Pension Plan’s authorized investments and will serve as a key advisor on financial matters to the Investment Committee and Metro’s Pension Plan staff.

Metro Finance department has several divisions, including management and budget, accounting, procurement, treasury, financial accountability, and public property. The department’s employees are charged with providing financial management, information and business products to policy makers, departments, investors and the Nashville community to give them confidence in our government and to help them make informed decisions.

Typical Duties

• Analyzes and manages multiple fixed income and/or equity securities.
• Manages and oversees external-investment managers.
• Supports the Treasurer by managing the overall strategy of the portfolio.
• Interacts across teams within the Treasury department and other divisions within the finance department, outside consultant and investment managers.
• Researches and evaluates potential investments and investments managers.
• Manages asset allocation of portfolio.
• Constructs and designs portfolios.
• Manages investment contracts and compliance.
• Analyzes securities and Hedges portfolio as needed.
• Conducts ad-hoc quantitative projects for the fixed income, equities or alternatives allocations as needed.
• Analyzes economic data.
• Contributes investment ideas to other portfolio managers.
• Contributes to the management of the Metro Pension Trust.
• Advises the Treasurer and Investment Committee.
• Performs other duties as assigned.

Minimum Qualifications

Bachelor’s Degree in Finance, Economics, Business Administration or other finance related field from accredited college or university and 5 years of experience in portfolio management with general fixed income, equities, or alternative instruments and the use of quantitative and qualitative which may include responsibility of portfolio construction, research, portfolio performance, trading and quantitative projects.

"No Substitution"

Candidates with accreditations earned in a foreign institute are encouraged to apply.

Note: Per Metro Ordinance No. SO94-1078. All employees of the Metropolitan Government shall be residents of the State of Tennessee or become residents of the state within six (6) months of employment as a prerequisite to employment with the Metropolitan Government.

Preferred Experience, Knowledge, Skills, and Abilities

• Master’s Degree preferred in Business Administration, Economics, Finance or another financial related field
• Chartered Financial Analyst (CFA) or related designation preferred
• Experience in strategy development and/or operational planning as it pertains to a financial services environment
• Professional experience in investment management, accounting, treasury, or banking
• Previous experience with investment systems such as Bloomberg, MSCI BarraOne, Clearwater, etc.

We are an equal opportunity employer that values diversity at all levels. All individuals, regardless of personal characteristics, are encouraged to apply.

Metro Nashville Government respects the religious beliefs and practices of all employees and will make, on request, an accommodation for such observances when a reasonable accommodation is available that does not create an undue hardship on business operations.

Requests for ADA or other protected accommodations for the recruitment process should be directed to Human Resources at 615-862-6640.

Agency: Metropolitan Government of Nashville & Davidson County
Address: Human Resources Department, 700 President Ronald Reagan Way, Suite 201, Nashville, Tennessee, 37210
Phone: (615) 862-6640
Website: http://www.nashville.gov/Human-Resources/Employment-Opportunities.aspx

Click HERE to apply.

Recruitment #24-005020-0002

Department: Maryland State Retirement and Pension Systems
Date Opened: 9/10/2024 11:59:00 PM
Filing Deadline: 10/17/2024 11:59:00 PM
Salary: $137,896 - $261,657
Employment Type: Full-Time
HR Analyst: Antoinette Mercer
Work Location: Baltimore City

Introduction
The Maryland State Retirement Agency (the “Agency”) is the administrator of the Maryland State Retirement and Pension System (the “System”). The System is a multi-employer, public employees’ benefit retirement system composed of twelve (12) separate retirement and pension systems with additional plan components, covering approximately 245,000 active members and more than 160,000 retires and beneficiaries.

The Agency is seeking a committed professional to serve as Senior Governance Manager within the Investment Division (the “Division”). The Senior Governance Manger will lead the Division’s Governance program, which includes but is not limited to, Environmental, Social and Governance (the “ESG”) analysis, creating an inclusive environment through Diversity, Equity and Inclusion (“DEI”) efforts, divestment, proxy voting and related processes, and engagement initiatives with corporate issuers, lawmakers, and governance organizations. The Senior Governance Manager will report to the Deputy Chief Investment Officer and will be an active member of the Division. This individual will work collaboratively with the Chief Investment Officer, Deputy Chief Investment Officer, Managing Directors, Risk Manager, staff of the different asset classes, the internal ESG Committee and DEI Committee, to support the overall investment program. The position will staff the Board’s Corporate Governance and Securities Litigation Committee. This position offers the successful candidate the opportunity to build a full governance program within the division focused on integrating the investment process with responsible ownership.

The Agency’s investment team drives results through creative problem solving, working together to manage a global multi-asset portfolio, and to provide a secure base of assets to pay the current and future benefits for the underlying retirees and beneficiaries. The Investment Division is committed to providing a work environment that provides the investment team members a complete understanding of the institutional investment process, rewarding career paths, and a diverse and inclusive workplace that embraces both analytical and creative thinkers.

This position serves at the pleasure of the Appointing Authority.

GRADE
MSRP 0008

LOCATION OF POSITION
Maryland State Retirement Agency
120 E. Baltimore Street
Baltimore, MD 21202

Main Purpose of Job
The Senior Governance Manager is responsible for all aspects of the governance program for the Investment Division including developing appropriate standards, policies, and processes for the implementation and management of the program; and providing guidance and advice to the Chief Investment Officer, Senior Investment Division staff, management at the Agency, and the Board of Trustees. The governance program includes, but it’s not necessarily limited to, the areas of ESG, DEI, climate, divestment, proxy voting and related processes, and the engagement initiatives with corporate issuers, policy makers and governance organizations.

The responsibilities of the Senior Governance Manager will include leading the ESG and DEI initiatives of the Investment Division including monitoring, evaluating, and quantifying the risks and effects of ESG and DEI on the portfolio and the Investment Division.

The Senior Governance Manager is responsible for the management of and providing advice to the Board’s Corporate Governance and Securities Litigation Committee on all related governance topics.

POSITION DUTIES
Responsibilities include but are not limited to:

• Develops, recommends and implements standards, policies and procedures for the governance program
• Maintains appropriate and effective management of the governance program which includes meeting goals and objectives of the program
• Monitors, evaluates and quantifies the risks and effects of ESG factors on the investments of the System
• Works across asset classes to integrate ESG and DEI factors into investment due diligence and recommendations
• Performs ESG research and analysis, including DEI, on potential and existing investments and provides recommendations and opportunities to the Chief Investment Officer
• Conducts training to the Board and the Agency staff on ESG and governance related topics, as needed
• Oversight and development of any ESG or governance related reports required by the Legislature or as necessary for the Investment Division
• Manages and tracks ESG efforts by external and internal managers and provides any necessary recommendations
• Chairs the internal DEI and ESG Committees
• Manages the Investment Division’s diversity initiatives
• Evaluate internal and external managers to determine if they represent a diverse set of backgrounds
• Works with external data providers, including managers and consultants to analyze, define and prioritize DEI metrics to align with an inclusive environment
• Support the Board of Trustees with the implementation of the Maryland’s minority business policies
• Advises the Board’s Corporate Governance and Securities Litigation Committee, the Board of Trustees and Agency management on governance topics including, ESG, DEI, divestment, proxy, or other related topics or issues
• Manages the proxy voting process and ensures proxies are voted in accordance with the Board’s custom proxy guidelines
• Maintains knowledge of best practices and current trends in proxy voting and corporate governance topics
• Initiates, carries out and manages any engagement activities related to corporate governance topics
• Manages the meetings, agenda items, information and needs of the Board’s Corporate Governance and Securities Litigation Committee
• Oversight and management of any investment divestment programs or proposed divestment initiatives

MINIMUM QUALIFICATIONS

Education: Graduated from an accredited four-year college or university with a bachelor’s degree.

Experience: Relevant experience in investments, corporate governance, ESG, DEI or finance

DESIRED OR PREFERRED QUALIFICATIONS

A productive and successful candidate will have some of the listed below experiences to achieve success with the position’s responsibilities:

• Experience at a pension, endowment, foundation, or other institutional investment organization
• Experience in the investment decision making process for public or private assets
• Experience in developing and implementing governance programs
• Experience managing an engagement program on corporate governance matters
• Experience creating policies and procedures and maintaining a governance program
• Experience in managing DEI initiatives
• Experience with ESG integration
• Knowledge of key ESG issues, regulatory and standards setting organizations, measurement tools, ESG data applications and rating systems
• Knowledge of the proxy voting process

SELECTION PROCESS

Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment. All information concerning your qualifications must be submitted by the closing date. We will not consider information submitted after this date. Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the eligible (employment) list for at least one year.

EXAMINATION PROCESS

The assessment may consist of a rating of your education, training, and experience related to the requirements of the position. It is important that you provide complete and accurate information on your application. Please report all experience and education that is related to this position.

BENEFITS

STATE OF MARYLAND BENEFITS

FURTHER INSTRUCTIONS

Online applications are highly recommended. However, if you are unable to apply online, the paper application and supplemental questionnaire may be submitted to: Department of Budget and Management, Recruitment and Examination Division, 301 W. Preston St., Baltimore, MD 21201. Paper application materials must be received in our office by the closing date for the recruitment. No postmarks will be accepted.

For questions regarding this recruitment, please contact the DBM Recruitment and Examination Division at [email protected] or 410-767-4850, MD TTY Relay Service 1-800-735-2258.

We thank our Veterans for their service to our country.

People with disabilities and bilingual candidates are encouraged to apply.

As an equal opportunity employer, Maryland is committed to recruitment, retaining and promoting employees who are reflective of the State's diversity.

For education obtained outside the U.S., a copy of the equivalent American education as determined by a foreign credential evaluation service must be provided prior to hire.

Fill out the Supplemental Questionnaire and Application NOW using the Internet.
View and print the Supplemental Questionnaire.
Apply via Paper Application.

Salary: $77,082.64 Annually

Location: Nashville, TN

Job Type: Full-Time Civil Service

Job Number: 25012E

Department: Finance

Division: Treasurer

Opening Date: 09/10/2024

Closing Date: 10/1/2024 11:59 PM Central

***Note: If you previously applied for this position there is no need to re-apply. ***

Typical Duties

• Manages and maintains accurate records of investment transactions, including purchases, sales, and income distributions.
• Prepares and analyzes financial statements entries and lead operation activities with custodian bank.
• Provides Month-end and year-end closing support.
• Reconciles investment accounts and address any discrepancies in collaboration with relevant stakeholders.
• Monitors and evaluates investment performance to assess portfolio returns and ensure alignment with investment objectives and regulatory guidelines.
• Prepares comprehensive reports on investment activities for presentation to municipal leadership, oversight committee, and external stakeholders.
• Ensures compliance with applicable laws, regulations, and GAAP for investments and derivatives.
• Collaborates with finance team members, investment advisors, and external auditors to support effective financial management and reporting.
• Stays informed about market trends, economic developments, and regulatory changes impacting investments.
• Communicates complex accounting and financial concepts and ideas to a diverse audience in order to convey understanding.
• Ability to build relationships with stakeholders at all levels of the finance organization.
• Serves as a champion for continuous improvement, fostering a culture of innovation and adaptability.

Minimum Qualifications
Bachelor’s degree in accounting, finance, or a financial related field and (3) Three years professional level experience in a similar role.

"No Substitution"

Candidates with accreditations earned in foreign institutions are encouraged to apply.

Note: Per Metro Ordinance No. SO94-1078. All employees of the Metropolitan Government shall be residents of the State of Tennessee or become residents of the state within six (6) months of employment as a prerequisite to employment with the Metropolitan Government.

Preferred Experience, Knowledge, Skills, and Abilities

• 5 to 8 years’ experience in investment accounting and financial reporting
• Certified Public Accountant (CPA), or Chartered Financial Analyst (CFA)

We are an equal opportunity employer that values diversity at all levels. All individuals, regardless of personal characteristics, are encouraged to apply.

Metro Nashville Government respects the religious beliefs and practices of all employees and will make, on request, an accommodation for such observances when a reasonable accommodation is available that does not create an undue hardship on business operations.

Requests for ADA accommodation for the recruitment process should be directed to Human Resources at 615-862-6640

Agency: Metropolitan Government of Nashville & Davidson County

Address: Human Resources Department, 700 President Ronald Reagan Way, Suite 201, Nashville, Tennessee, 37210

Phone: (615) 862-6640

Website: http://www.nashville.gov/Human-Resources/Employment-Opportunities.aspx

Click HERE to apply.

Salary: $126,035.17 Annually

Location: Nashville, TN

Job Type: Full-Time Civil Service

Job Number: 25036E

Department: Finance

Division: Treasurer

Opening Date: 09/04/2024

Closing Date: 9/25/2024 11:59 PM Central

Position Description

The Risk and Compliance Manager is a newly created position on the Office of the Treasurer team. This position is responsible for assessing and monitoring various investment and non-investment risks for the Office of Treasurer and the Metropolitan Government. Performs related duties as required.

Metro Finance has several divisions, including procurement, treasury and management and budget. Department employees provide financial management, information and business products to policy makers, departments, investors and the Nashville community to give them confidence in our government and to help them make informed decisions.

Typical Duties

• Manages daily risk management function.
• Analyzes investment activities and holdings relative to legal and/or policy requirements.
• Researches investments in equity, fixed income and alternative assets.
• Researches derivative assets to the above and other hedging activities.
• Serves as subject-matter expert for public and private investments made by the Division.
• Monitors and analyzes investment exception reports related to pre- and post-trade parameters.
• Manages multiple projects related to investment activities and holdings based on various events.
• Manages investment contract compliance and tracks fee compliance.
• Performs risk assessments, controls testing, and gap analysis.
• Reviews, updates or creates desk level procedures.
• Directs or performs periodic testing of the Investment Policy Statements and Cash Management/Liquidity Procedures
• Requests and reviews System and Organization Controls (SOC) reports and/or compliance testing by vendors and other parties.
• Assists in development of written policies, procedures and correction processes.
• Oversees and prepares presentations.
• Attends meetings and workshops as needed.
• Performs various supervisory duties including, assign and monitor work, approve leave requests, evaluates and review employee performance, counsel and corrects employees as needed.
• Interprets rules and polices as needed.
• Performs other duties as assigned.

Minimum Qualifications

Master of Business Administration, Master of Finance or Master of Economics from an accredited college or university and eight (8) years of progressively responsible experience in risk management and compliance, including experience with fixed income analytics, alternative investments management, and investment consultants, and experience with private equity and/or private credit markets

"No Substitution"

Candidates with accreditations earned in a foreign institute are encouraged to apply.

Note: Per Metro Ordinance No. SO94-1078. All employees of the Metropolitan Government shall be residents of the State of Tennessee or become residents of the state within six (6) months of employment as a prerequisite to employment with the Metropolitan Government.

Preferred Experience, Knowledge, Skills, and Abilities

• Professional designation in compliance, risk management and/or financial analysis may include Certified Financial Risk Manager (FRM); Chartered Financial Analyst (CFA); Professional Risk Manager (PRM); Chartered Alternative Investment Analyst (CAIA).

We are an equal opportunity employer that values diversity at all levels. All individuals, regardless of personal characteristics, are encouraged to apply.

Metro Nashville Government respects the religious beliefs and practices of all employees and will make, on request, an accommodation for such observances when a reasonable accommodation is available that does not create an undue hardship on business operations.

Requests for ADA or other protected accommodations for the recruitment process should be directed to Human Resources at 615-862-6640.

Agency: Metropolitan Government of Nashville & Davidson County

Address: Human Resources Department, 700 President Ronald Reagan Way, Suite 201, Nashville, Tennessee, 37210

Phone: (615) 862-6640

Website: http://www.nashville.gov/Human-Resources/Employment-Opportunities.aspx

Click HERE to apply.

We are proud to partner with our client, the Kansas Public Employees Retirement System (KPERS or the “System”) to find their next Chief Benefits Officer.

KPERS provides guaranteed lifetime benefits to Kansas public servants when they retire, as well as disability and death benefits to protect them while they are still working. Our membership includes people from all walks of life, in a variety of jobs, with one thing in common - serving Kansans. The fiduciary standard is our guiding principle and driving force. That means we put the interest of our members first and foremost and are committed to providing them the best possible service. More than 1,500 employers offer KPERS benefits to their employees. Our membership totals over 340,000 active, inactive and retired members.

KPERS is embarking on a 5-year pension administration modernization project. The current Chief Benefits Officer is assuming a new role as Deputy Executive Director for Modernization for this initiative. The new Chief Benefits Officer will work closely with her/his predecessor during the life of this project.

The Chief Benefits Officer is responsible for the overall management of the Benefits and Member Services Division of the System to ensure that members receive accurate and timely benefit services and payments. The Chief Benefits Officer serves as a member of the System’s senior management team and reports directly to the Executive Director. The Chief Benefits Officer will assume a strategic role in the overall management of the System and will deal frequently with Trustees, members, employers, other stakeholders and the public.

To learn more about the Responsibilities and Preferred Qualifications please view the link below:

Position Specifications

To apply please send your resume to Tamara at [email protected]

The Illinois State Board of Investment (ISBI) seeks an Assistant Investment Officer to provide support to the Executive Director/Chief Investment Officer and investment staff with overseeing ISBI’s investment portfolio. The Assistant Investment Officer helps monitor ISBI’s portfolio, managers, and investment risk, provides support and analysis on a range of investment projects, maintains investment records and documents, and compiles data and materials to support Board meetings and fulfill various reporting requirements, among other duties. This is a generalist role within the investment team, with the opportunity to work on all aspects of running an investment portfolio for both a defined benefit and deferred compensation plan. A successful candidate will demonstrate a strong work ethic, self-motivation, strong written and verbal communication skills, an attention to detail, an ability to manage multiple deadlines and projects, and interest in investments.

Requirements

• Bachelor’s degree required, preferably with courses in finance, economics or investments.
• Between 1-5 years of relevant work experience.
• Proficient in Microsoft Office Suite.

Application deadline is Tuesday, September 3rd. For a complete job description and to apply, please visit: https://www.isbinvestment.com/employment/

The Retirement Board of the Firemen’s Annuity & Benefit Fund of Chicago, with assets of approximately $1.3 billion, solicits proposals for a (1) Core Fixed Income manager, and (2) Core Plus Fixed Income manager. To obtain a copy of the RFPs, go to www.fabf.org. Proposals are due by November 1, 2024.

Firefighters’ Retirement System (Louisiana) is soliciting proposals from investment managers who manage Global Equity (long only) portfolios. FRS anticipates allocating approximately $125 million to the selected manager. All information and related documents associated with completing the RFP process can be located and downloaded on the NEPC Search website (http://www.nepc.com/investment-managers/).

Indiana Public Retirement System (INPRS) seeks responses to RFP 24-04 from respondents interested in providing investment counsel legal services. Specifications may be obtained at the following address: http://www.in.gov/inprs/quoting.htm.

The Washington State Investment Board (WSIB) is launching a search for qualified providers of passive equity index products across various markets. The required index products cover various strategies with differing fund and account types and across numerous geographies and markets to meet the WSIB’s requirements for defined benefit, defined-contribution, and non-qualified programs.

The WSIB plans to publish information regarding this search on or about September 16, 2024, on its website www.sib.wa.gov where further information about the WSIB and the search can be obtained. The deadline for inclusion by interested providers in the database of the investment consultant being used for this search, Callan, is October 21, 2024. Any questions regarding this search must be directed to the WSIB’s Contracts Mailbox at [email protected]

The Board of Trustees of the Employees’ Retirement System and the Retiree Benefit (OPEB) Trust of the City of Baltimore is requesting proposals from firms interested in providing Alternatives Consultant Services. The RFP is found on the BCERS website at www.bcers.org. Responses to the RFP are due by 3:00 PM EDT on Friday, November 8, 2024. Inquiries may be directed to [email protected]