Investment Analyst, Public Equity

Oregon State Treasury is recruiting for two positions within our Public Equity Investment Division. We are hiring for two Investment Analyst positions; one is a level 2 and one is a level 3. Both of these positions assist Investment Officers within the Public Equity Investment Division and focus on assisting with the management of public equity investment manager relationships, managing portfolio structures, and evaluation performance and assessing risk. These roles offer an opportunity for an early-career level and/or intermediate-career level investment professional to gain experience to the investment management industry and public equity asset class.

Minimum qualifications and salary information for both positions are listed below. When you are applying for the position you will indicate which position you are applying for or if you would like to apply for both.

Both positions are represented by SEIU have the opportunity for a hybrid (remote and in-office) work location schedule; in-office work will be from Treasury’s office in Tigard. The schedule will be approximately 90+% time spent remote with quarterly in office presence.

Positions Overview and Salary

Investment Analyst 3

Salary $74,760 - $114,924 annually

Job Duties for Investment Analyst 3

• Assists with Public Equity external manager oversight, which includes identifying new investment opportunities and assists with new manager searches.
• Performs equity and foreign exchange trading activities at the discretion of the Senior Investment Officer.
• Performs onsite due diligence visits and document said visits at the discretion of the Senior Investment Officer.
• Facilitates periodic cash and foreign currency transfers between Oregon State Treasury managed accounts held in trust at the State’s custody bank.  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. Position requires understanding of public equity markets and use of custody bank software. 
• Works with Oregon’s Proxy Voting agent to facilitate proxy voting related activities.
• Works with relevant parties in the renewal and opening process of “new countries” equity markets which Oregon seeks to invest.  
• Develops and produces routine reporting across multiple data sources and systems in supporting the oversight of investment programs.
• Facilitates the tracking, updating, dissemination, and file retention of Investment Management Agreements (IMAs) that pertain to the Public Equity asset class.
• Assist in coordinating and participating in Public Equity calls/meetings by tracking the receipt of relevant materials and maintaining electronic documentation (notes) of all such events.
• Aids in formulating board and committee materials such as memos and presentations.
• Performs various research projects as requested by Public Equity Investment Officers.

Investment Analyst 2

Salary $64,752 - $99,504 annually

Job Duties for Investment Analyst 2

• Facilitates periodic multi-million dollar cash transfers between Oregon State Treasury managed accounts held in trust at the State’s custody bank.  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. Position requires understanding of public equity markets and use of custody bank software. 
• Works with Oregon’s Proxy Voting agent to facilitate proxy voting related activities which will may involve notarizing/consularing specific time sensitive documents.  This will also include facilitating voting changes to Proxy Voting that may originate with OPERF Public Equity Managers.
• Works with Public Equity Investment Officers and the custody bank in the opening process of “new countries” equity markets which Oregon seeks to invest.   This requires facilitating the completion of documents pertaining to local country taxes, tax accountants, powers of attorney, etc.
• Works with Public Equity Investment Officers and other co-workers in the development of Environmental, Social, and Governance metrics for the Public Equity Portfolio.
• Using MSCI Portal and BRS Aladdin, to provide the Public Equity Team with carbon footprints metrics relative to the MSCI ACWI Index.
• Works with Public Equity Investment officers in the tracking, update, dissemination, and file retention of Investment Management Agreements (IMA) that pertain to the Public Equity asset class.
• Organizes Public Equity quarterly call schedules and manages the receipt of all investment manager monthly and quarterly reports, and all prospective manager marketing materials.  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 OIC with respect to OPERF Public Equity portfolio, which documents among other things performance relative to OIC performance objectives, public equity fund flows (terminations, fundings, rebalances, etc.).
• Performs various research projects as requested by public equity investment officers.
• Organizes quarterly calls with Trading Cost Analyst Service Providers.  Documents quarterly analyses of TCA on external and internally managed portfolios.

Minimum Qualifications for Our Position

Investment Analyst 3

• A Bachelor’s Degree in Business or Finance, or any other degree demonstrating the capacity for the above listed knowledge and skills and six years of professional experience in a similar analytical, operational or project management role; OR
• A valid certification as a Chartered Financial Analyst (CFA) and 5 years of experience; OR
• Any combination of experience and education equivalent to nine years of experience that typically supports the knowledge and skills for the classification.
• A Master’s Degree in Business or Finance, or any other degree demonstrating the capacity for the above listed knowledge and skills will substitute for one year of the required experience.

Investment Analyst 2

• 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
• A valid certification as a Chartered Financial Analyst (CFA) and 3 years of experience; OR
• Any combination of professional experience and education equivalent to seven years of technical-level experience consistent with the knowledge and skill requirements listed above.

Desired Attributes for Our Ideal Candidate

Investment Analyst 3

• Equity trading experience.
• Investment experience (such as from an asset manager, consultant, corporation, high net worth advisor, or pension plan).
• Public equity investment experience.
• Experience overseeing external investment managers.
• Experience with sophisticated Excel spreadsheets.
• Excellent attention to detail and accuracy.
• Adaptable, flexible, and tolerant of ambiguity.
• Self-motivated and resourceful.
• Excellent written and verbal communication skills.
• High emotional intelligence and self-awareness.
• Experience with the following services: Bloomberg, eVestment, Factset, Aladdin, Triton or FXAll.

Investment Analyst 2

• Investment experience (such as from an asset manager, consultant, corporation, high net worth advisor, or pension plan).
• Public equity investment experience.
• Experience overseeing external investment managers.
• Experience with sophisticated Excel spreadsheets.
• Excellent attention to detail and accuracy.
• Adaptable, flexible, and tolerant of ambiguity.
• Self-motivated and resourceful.
• Excellent written and verbal communication skills.
• High emotional intelligence and self-awareness.
• Experience with the following services: Bloomberg, eVestment, Factset, Aladdin, Triton or FXAll.

Important Application Details

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.

We will accept applications through the job announcement closing date, however, we may close this recruitment early, if we receive a well-qualified applicant pool.  If interested, please apply early.

Benefits of Joining Our Team

• Low employee premium share for medical, dental, vision, and basic employee life (1% or 5% employee share);
• Robust paid leave package, such as vacation, personal business, holidays, sick leave, and special holiday leave;
• PERS retirement benefits;
• Support with training and development;
• Student 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!

About Oregon State Treasury

Oregon State Treasury is focused on improving the financial well-being of all Oregonians. We provide low-cost programs for governments, and empower Oregonians to invest in themselves and their loved ones for a more secure future.

We are committed to cultivating a workplace that is diverse, inclusive, and respectful. We value and support the collective differences in who we are and celebrate the fact that everyone comes to the table as their own unique individual.

We are devoted to prioritizing equity and addressing racial disparities, as well as ensuring a safe and accessible working environment for all. We believe all of this empowers our success and makes Oregon State Treasury an excellent place to work.

Oregon State Treasury is led by State Treasurer Tobias Read. As Treasurer, he is the state’s financial leader, the custodian of public funds and chief investment officer. We prioritize investing for the long term, doing business the right way, and empowering Oregonians to invest in themselves. We're proud of the work we do to help families, governments, and businesses succeed.

Our Values and Principles

INTEGRITY---INNOVATION---DIVERSITY---TRUST---PROFESSIONALISM---ACCESSIBILITY

Please visit the following webpage to learn more about Oregon State Treasury: https://www.oregon.gov/treasury/Pages/index.aspx

Special Information

• 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.
• Consistent with the Americans with Disabilities Act (ADA), Oregon State Treasury will provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. Requests for reasonable accommodation applies to all aspects of employment, including the application process. If reasonable accommodation is needed, please call Oregon State Treasury at 503-378-4000 and request to be connected to Human Resources.