Investment Analyst 2, Public Equity
Oregon State Treasury is recruiting for the position of Investment Analyst 2, Public Equity. This position is part of the Investment Division located in our Tigard office. The primary purpose of this position is to support and provide assistance in the oversight of external public equity managers program.
This is a SEIU represented position. The salary range for this position is $58,236 - $85,272 annually.
Oregon State Treasury (OST) is led by Tobias Read, State Treasurer, a constitutional officer and statewide elected official. OST is an organization with a wide range of financial responsibilities, including managing the state's pension fund, issuing all state debt, and serving as the central bank for state agencies. OST manages the daily investment of approximately $100 billion in assets, held in a diversified investment portfolio of domestic and international equities, fixed income securities, alternative and opportunistic investments, real estate and cash. OST also manages a banking program that processes over $250 billion in transactions annually, a debt management program responsible for issuing and monitoring approximately $10 billion in state debt, a multi-faceted 529 savings plan, and an IRA based retirement savings program for the public. The 150+ member OST staff takes great pride in their statewide and national reputation for progressive approaches to service delivery.
The Investment Division, currently comprised of 50+ individuals, is responsible for managing the investment of the Oregon Public Employees Retirement Fund (OPERF), the State Accident Insurance Fund, the Oregon Short-Term Fund, the Common School Fund and numerous other state and state agency accounts. The Division also manages the investment program for the state's deferred compensation plan, advises the Oregon 529 College Savings Board on its investment activities, and serves as staff to the Oregon Investment Council (OIC). The Division oversees the actual investments, which are made by a select group of outside investment managers, as well as provides internal portfolio management capabilities for select asset class mandates.
Our Values and Principles
We are committed to building and fostering a diverse and inclusive work environment. We believe that everyone comes to the table with a distinct point of view – one that is shaped by backgrounds, experiences, cultures, thoughts, and ideas. We embrace diversity and inclusion and believe it creates a culture of respect, innovation, and creativity that empowers our success and makes Oregon State Treasury an excellent place to work.
The responsibilities of this position include, but are not limited to, the following:
- Facilitates multi-million dollar cash transfers, creates necessary documents, secures approved signatures, transmits relevant information to all concerned parties, and retains file copies pertaining to intra-bank and inter-bank cash transfers;
- Works with Investment Officers and the custody bank in the opening process of “new countries” equity markets which Oregon seeks to invest, works with Investment officers and the dedicated CRP vendor to maintain and track the Commission Recapture Program;
- Works with Investment officers in the tracking, update, dissemination, and file retention of Investment Management Agreements (IMA) that pertain to the Public Equity asset class;
- Organizes quarterly call schedules, manages the receipt of all investment manager monthly and quarterly reports and all prospective manager marketing materials, and maintains electronic documentation of all manager and prospective manager visits and calls;
- Participates in quarterly conference calls, and documents quarterly analyses of all equity managers, aids in formulating memos to the Oregon Investment Council with respect to OPERF Public Equity portfolio;
- Using Bloomberg and BRS Aladdin and other tools, provides Investment Officers with research and recommendations on material corporate action activity as it pertains to internal equity portfolios;
- Performs ad hoc analysis as requested by the Investment Officers; and
- Upon the discretion of the Senior Investment Officer, performs annual onsite due diligence visits and document visits.
Benefits of Joining OST
- Employee premium share at 5% or 1%, for medical, dental, vision, and basic employee life;
- Paid leaves, such as vacation, personal business, holidays, sick leave, and special holiday leave;
- Participation in the Oregon Public Service Retirement Plan (OPSRP), after 6 months of service. OPSRP has two components, the pension plan and the individual account program (IAP).
- Support with training and development so employees have the tools they need to reach their fullest potential;
- Employees may be eligible to receive loan forgiveness under the Public Service Loan Forgiveness Program (PSLF);
- Optional benefits include optional life, short & long term disability, accidental death and dismemberment, Oregon Savings Growth Plan (deferred compensation plan), flexible spending accounts, long term care insurance, employee assistance program, weight watchers, and more!
You must have the following to qualify for this position:
- A bachelor's degree in business or finance, or any other degree demonstrating the capacity for the above-listed knowledge and skills AND four years of professional experience in a similar analytical, operational, or project management role; OR
- Any combination of professional experience and education equivalent to seven years of technical-level experience consistent with the knowledge and skill requirements.
The following are preferred for this position:
- Public equity investment knowledge and experience;
- Experience with performance measurement calculations;
- Strong MS Excel spreadsheet skills;
- Experience with custody bank software;
- Excellent with verbal and written communication;
- Experience with overseeing external managers; and
- Experience with Blackrock Aladdin, Bloomberg, and eVestment software applications.
How to Apply
In order to apply and be considered for this position, you are required to upload your resume, and a cover letter describing how your experience, training and education have prepared you for this position (no more than one page in length).
- Prospective employees are subject to an extensive background check that may include, but not be limited to, validation of all application materials, prior employment and personal references, credit history, driving records and fingerprint-based state and federal criminal and civil records. Adverse background data may be grounds for immediate disqualification.
- OST does not offer visa sponsorships, and within three days of hire, the successful candidate will be required to complete the U.S. Department of Homeland Security form I-9, confirming authorization to work in the United States.
- Eligible veterans who meet the qualifications will be given veterans' preference. To receive preference you MUST attach appropriate documentation as outlined by the Department of Administrative Services at the following website: Veterans Resources. You may also call the Oregon Department of Veterans' Affairs at 1-800-692-9666
- OST is an equal opportunity, affirmative action employer committed to a diverse workforce