Description
About MOSERS
MOSERS has been named one of the Best Places to Work in Money Management by Pension & Investment magazine. MOSERS investment program is responsible for managing a $10 billion portfolio held in trust for the payment of pension benefits to members. MOSERS portfolio has a sophisticated asset allocation utilizing explicit leverage. Visit the Investments page on our website for more information regarding MOSERS investment program. MOSERS offers competitive compensation in terms of base pay and benefits. Base pay is just one part of the total compensation we offer our employees. Click here to learn more about our valuable benefits package which includes financial support to obtain certifications such as the CFA and CAIA as well as a tuition reimbursement program.
What You’ll Do
The primary responsibilities of this position is to assist in the management of the new private real asset portfolio including conducting research, due diligence, and modeling for prospective and existing real asset managers; and providing oversight of external manager relationships within this portfolio. This position works in our office in Jefferson City, Missouri.
How You'll Spend Your Time
Oversees external manager relationships. Duties will include daily monitoring of assigned managers and conducting due diligence meetings and writing reports to document current thoughts.
Leads the manager hiring and termination process for assigned asset classes to comply with MOSERS governance policies.
Leads asset class meetings to inform the group about current market conditions, current positioning, manager performance and research projects.
Produces research on markets and sub-class allocations for use in asset allocation decisions.
Recommends and implements strategic, value-added allocations across assigned asset classes.
Reads, understands, and contributes to legal documents and account reviews.
Tracks external research sources including interacting with senior research/portfolio management professionals in the investment management and investment banking industries to provide useful insight into markets and investment opportunities.
Works with the internal risk team, investment managers, and software vendors to ensure the quality of the data in the risk measurement and custodian systems.
Develops and runs reports in investment statistical software systems for use by the team in the investment decision making process.
Maintains regular and reliable attendance.
Performs other duties as needed or assigned.
Requirements
What we're looking for in the ideal candidate:
Bachelor’s degree in business administration, economics, finance, or closely related field with 5 years of relevant institutional investment experience is desired. Master’s degree is strongly preferred.
Chartered Financial Analyst (CFA) and/or Chartered Alternative Investment Analyst designation, progress toward it, or willingness to pursue it is strongly preferred.
Requires an advanced knowledge of the investment markets, economic theories, investment principles and portfolio management.
Requires strong abilities in interpreting statistical data and investment markets.
Strong analytical and data analysis skills are required.
Strong computer skills and a sound working knowledge of portfolio management systems are essential.
Strong communication skills both written and verbal are required with experience making formal presentations preferred.
Some out of state (possibly international) travel may be required for several days at a time and probably no more frequently than every other month.
Ability to maintain regular and reliable attendance.
Ability to maintain confidentiality.
Ability to establish and maintain positive working relationships with MOSERS staff, members, outside vendors, and other customers.
Ability to demonstrate integrity and high degree of ethics.
