Alternative Investments Analyst II, Senior or Assistant Portfolio Manager

Location
Columbus, Ohio
Salary
Competitive, based on pay grade level hired.
Posted
Nov 17, 2017
Closes
Dec 17, 2017
Ref
235-760
Industry Sector
Government
Certifications
CFA Charterholder
Employment Type
Full Time
Education
Bachelors

STRS Ohio continues to expand its capabilities in Alternative Investments and is recruiting Investment Professionals with experience in direct investing and co-investments. Interested candidates with demonstrable experience in sourcing, analyzing, structuring, negotiating both acquisition and divestment of direct or co-investment  private equity or direct credit investments are preferred.  Mid-career professionals currently in private equity or direct lending businesses with a track record of increased responsibility are encouraged to apply.

 

General Summary:

Grade 311: Under the direction of the director, Alternative Investments and the director, Fixed Income, assist in the investment decision-making process, ongoing management, monitoring and evaluation of the alternative investments portfolio.

Grade 312: Under the direction of the director, Alternative Investments and the director, Fixed Income, develop, maintain and manage databases, perform quantitative research, assist with management of Liquid Alternative and Hedge Fund investment strategies, and complete special projects as needed supporting Alternative Investments.

Grade 314: Under the direction of the director, Alternative Investments and the director, Fixed Income, assist in the investment decision-making process, ongoing management, monitoring and evaluation of the alternative investments portfolio.

 

Principal Duties and Responsibilities:

Grade 311:

1. Assist the director, Alternative Investments and the director, Fixed Income, in the evaluation of prospective investment opportunities, including meeting with principals, conducting due diligence, conferring with outside parties and preparing investment recommendations.

2. Maintain files in SharePoint and monitor reporting from Fund Central to ensure the accuracy of reporting and compliance with all policies and procedures.

3. Maintain contacts within the industry in order to conduct appropriate due diligence on investment decisions.

4. Review financial reports and other documents from the individual investment funds, ensure and verify accuracy of market values reported, and prepare questions for follow up with fund principals.

5. Travel, not to exceed 20% of work time, including annual meetings, advisory committee meetings with principals of pooled investment funds, and various industry conferences.

6. Prepare special projects as directed.

Grade 312:

1. Develop portfolio strategies based upon internally or externally implemented investment strategies, such that the opportunistic-diversified portfolio exceed its mandate on a long term basis.

2. Evaluate prospective investment opportunities, including meeting with principals, conducting due diligence, conferring with outside parties and preparing investment recommendations.

3. Develop and maintain external relationships which generate high quality deal flow and due diligence supporting investment activities.

4. Participate or lead internal deal team efforts to source, analyze, recommend, structure, negotiate, and execute Alternative Investment strategies including direct and co-investments.

5. Represent STRS Ohio by actively monitoring existing investments and recommend investment action.

6. Review, analyze and comment on investment recommendations prepared by other members of Alternative Investments.

7. Review financial reports and other documents pertaining to Alternative Investments to ensure and verify accuracy of market values, fees, and expenses as reported, and conduct additional due diligence as required.

8. Travel, not to exceed 20% of work time, including meetings with external managers, annual meetings, advisory committee meetings with principals of pooled investment funds, and various industry conferences.

9. Prepare special projects as directed.

Grade 314:

1. Develop portfolio strategies based upon internally or externally implemented investment strategies, such that the opportunistic-diversified portfolio exceed its mandate on a long term basis.

2. Generate and evaluate prospective investment opportunities, including meeting with principals, conducting due diligence, conferring with outside parties and preparing investment recommendations.

3. Lead or support internal deal team efforts to source, analyze, recommend, structure, negotiate, and execute Alternative Investment strategies including direct and co-investments.

4. Develop and maintain strategic partner relationships which generate high quality deal flow and due diligence supporting investment activities.

5. Represent STRS Ohio by actively monitoring existing investments and recommend investment action.

6. Review, analyze and comment on investment recommendations prepared by other members of Alternative Investments.

7. Review financial reports and other documents pertaining to Alternative Investments to ensure and verify accuracy of market values, fees, and expenses as reported, and conduct additional due diligence as required.

8. Travel, not to exceed 20% of work time, including meetings with portfolio investments, external managers, annual meetings, advisory committee meetings with principals of portfolio companies, pooled investment funds, and various industry conferences.

9. Prepare special projects as directed.

 

Knowledge, Skills, and Abilities:

Grade 311:

1. Bachelor's degree in business administration, economics, finance or related field required. Master’s degree in business administration or finance preferred.

2. Three to five years experience in portfolio or investment performance analysis preferred.

3. Successful completion of the Chartered Financial Analyst (CFA) Level I examination strongly recommended.

4. Proficiency in the use of spreadsheet software required. Experience with performance reporting and internal rate of return (IRR) analysis preferred.

5. Knowledge of relevant analytical software preferred.

6. High degree of accuracy and attention to detail required.

7. Excellent oral and written communication skills.

8. Ability to work well with minimal direct supervision.

9. Excellent work record of attendance and punctuality; occasional evening, weekend and non-regular work hours required.

Grade 312:

1. Bachelor's degree required; Master's degree in business administration, economics, statistics, finance, is strongly preferred.

2. Five or more years experience in private equity, credit markets, investment banking or investment research is strongly recommended.

3. Successful completion of Chartered Financial Analyst (CFA) strongly preferred.

4. Strong interpersonal skills required.

5. Strong research, financial modeling, analytical, valuation skills and proficiency is required.

6. Demonstrated ability to research and analyze data and make valid conclusions.

7. Excellent oral and written communication skills.

8. Ability to work well with minimal direct supervision.

9. Excellent work record of attendance and punctuality; occasional evening, weekend and non-regular work hours required.

Grade 314:

1. Bachelor's degree required; Master's degree in business administration, economics, statistics, or finance is strongly preferred.

2. Seven plus years experience in private equity, credit markets, investment banking or investment research is strongly recommended.

3. Excellent interpersonal skills combined with superior oral and written communication skills are required.

4. Successful completion of Chartered Financial Analyst (CFA) is strongly preferred.

5. Strong research, financial modeling, analytical, valuation skills and proficiency is required.

6. Ability to research and analyze data and make valid conclusions.

7. Ability to work well with minimal direct supervision.

8. Excellent work record of attendance and punctuality; occasional evening, weekend and non-regular work hours required.

 

The above list of duties is intended to describe the general nature and level of work performed by persons assigned to this classification. It is not intended to be construed as an exhaustive list of duties performed by the persons so classified, nor is it intended to limit or modify the right of any supervisor to assign, direct and control the work of employees under supervision.