Real Estate & Real Return Analyst

JOB DESCRIPTION:

This position reports to the Director, Real Estate and Real Assets. The group oversees assets intended to comprise 24% of the SIC’s portfolio. Principal investment types include equity and/or debt spanning real estate, energy, infrastructure, agriculture, timber, and commodities. The analyst will provide comprehensive support to the group’s sourcing, due diligence, onboarding, and monitoring of investments. The analyst will participate in the development of analytical tools and processes to support and improve investment decision-making. This position requires a significant degree of critical thinking, quantitative and qualitative analysis.

DUTIES & RESPONSIBILITIES:

• Monitor existing investments and managers; review investment returns, fund financial reports, and contract compliance; participate in quarterly performance review calls and Ad-hoc meetings Perform studies and projects; monitor capital markets and provide analysis and recommendations; assist in the preparation of presentations and reports Develop models to analyze and interpret market and manager data; source and manage data used in the modeling Assist in portfolio construction and risk-monitoring Contribute as directed to manager research and sourcing; develop relationships with peers and industry professionals; work with consultants; arrange meetings, correspondence, and other due diligence activities Assist in development and maintenance of investment policy and procedures Perform other related duties as assigned by the Group Director or DSIO

DESIRED SKILLS/QUALIFICATIONS/EDUCATIONAL REQUIREMENTS:

• Education:  Bachelor's degree in Finance, Applied Mathematics, Statistics, Economics, Engineering, Accounting, or Business Management and Administration. Relevant advanced degrees are preferred. Work Experience: Minimum of 4 years of relevant work experience in management of sovereign wealth funds, trust funds, family offices, endowments, or pensions, or with a General Partner. Master’s degree in the above fields may substitute for two years of work experience. Other: CFA/CAIA charter-holders or candidates having passed at least one level are preferred.

The successful candidate will evidence many of the following characteristics:

• Fluency with fundamental financial concepts including discounted cash flow, credit, and yield curve analyses Ability to assess and apply structure to unstructured problems; to conduct research; to gather relevant information and process it; to present solutions/recommendations Ability to deconstruct an investment strategy into its key components and to analyze them Ability to manipulate data effectively using Excel, R, or other relevant tools Demonstrated desire to be an investor, especially in private real estate and real assets Ability to manage multiple competing priorities Desire to work for an LP

Qualified applicants are encouraged to contact Keith Sabol, Director, Real Estate & Real Assets at NMSIC.HR@sic.nm.gov. Please include “Real Estate & Real Asset Analyst” and your name in the subject line and attach your resume and a Letter of Interest.

The State Investment Office is in Santa Fe, New Mexico.  Santa Fe is situated at 7,000 feet elevation, among northern New Mexico’s Sangre de Cristo, Jemez, and Sandia mountains.  The area has a moderate, dry, high desert climate featuring more than 300 days of sunshine each year.  The city is well-known for its long history (more than 400 years as a capital city), vibrant arts community and multitude of outdoor activities. Santa Fe is approximately an hour’s drive north of the city of Albuquerque, New Mexico.

This position is full time as an employee of the State of New Mexico. 

The position is classified respecting the State Personnel Act.  (Section 10-9-1 et seq. NMSA 1978).  Compensation is annual salary plus State of New Mexico employee benefits.