State Investment Officer - Nebraska Investment Council
- Employer
- Nebraska Investment Council
- Location
- Lincoln, Nebraska
- Salary
- Compensation is competitive to attract top investment professionals. Relocation assistance provided.
- Closing date
- Jul 9, 2023
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- Job Function
- C-Suite Level Management
- Industry Sector
- Asset Management, Government
- Employment Type
- Full Time
- Education
- Bachelors
The Nebraska Investment Council is searching for a State Investment Officer to lead this independent state investment agency managing over $36 billion in assets. The current SIO has announced his retirement after almost nine years of service.
The NIC's responsibilities are entirely investment management; they do not administer benefits or determine contribution rates for any of the plans or the spending policy for the non-retirement entities.
This is an exceptional opportunity to work with a highly regarded board and lead an investment program with a long history of delivering strong investment performance - returns have exceeded the policy benchmark in every reporting period since 1983.
The SIO is appointed by the Council and reports administratively to the Council Chairwoman. Leading a team of eight, the SIO oversees $36 billion in assets across 32 investment programs. The Defined Benefit Plans assets of $14+ billion represent the largest pool of assets. Each plan's financial condition is strong having achieved a funded ration of over 90%. The SIO has responsibility and authority, as delegated by the Council, for the management and administration of the investment program.
A strategic investment leader who aligns to the NIC's investment philosophy - "a conservative, deliberate approach" is required. A generalist with broad asset class knowledge and with experience in institutional asset management, portfolio construction, asset allocation and risk management are also required.
To apply or to receive the full position specification setting forth all requirements and preferences, please contact Hudepohl & Associates, info@hudepohl.com or 614-854-7300.
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