ADMINISTRATOR VII Closing Date Extended

22

120 East Baltimore Street
Baltimore, Maryland  21202

The State Retirement Agency of Maryland is seeking an exceptional individual to serve as Senior Investment Analyst within the Investment Division. The Investment Division has responsibility for approximately $43 billion of assets held in trust for the members and beneficiaries of the State Retirement and Pension System of Maryland. With support for the System's investment consultants, the Investment Division recommends asset allocation, provides oversight of external managers, and implements Board initiatives. Working with a team of professionals, the primary purpose of this position is to conduct investment research and offer prudent investment recommendations using complex financial modeling and analytical skills while maintaining strict adherence to fiduciary guidelines. The incumbent will serve as a subject matter expert for one or more asset or sub-asset classes. This is a Special Appointment position and serves at the pleasure of the Appointing Authority.

The incumbent will work as part of the Public Equity team that ensures prudent investment of System assets in a well-diversified manner to optimize long-term returns while controlling risk and providing oversight of external managers.

Responsibilities include, but are not limited to:

1. Investment research, analytics, idea generation and recommendations

2. Manager monitoring, compliance and due diligence.

3. Contract negotiations and ongoing communication with managers

4. Strong knowledge of equity markets, project management and other duties as assigned.

Education: Possession of a bachelor's degree from an accredited college or university. 

Experience: Four years of experience in administrative or professional work.  Two years of this experience must include business or finance with an analytical focus or other relevant experience. 

 Notes:

 1. Additional graduate level education at an accredited college or university may be substituted for the required general experience at the rate of 30 semester credit hours for two year of the required general experience.  

Preferred Qualifications:

• One year of experience in the financial services industry performing investment research and providing investment analysis/recommendations.
• One year of experience in a plan sponsor environment.
• Knowledge of the principles, practices and procedures of investment management; appropriate safeguard and risk mitigants in an investment program, as well as knowledge of one or more investment asset classes.
• Master's degree in Business Administration, or Finance.
• Certification as a Chartered Financial Analyst (CFA), please include a copy of your certification with your application.  

You must possess the minimum requirements to be considered for this position.  If you are scheduled to complete an educational or licensing requirement within six months of the assessment, you may participate in the examination process.  Credit may be given for relevant part-time, temporary, or volunteer experience, if you list the number of hours worked per week.  For education obtained outside the U.S., you will be required to provide proof of the equivalent American education as determined by a foreign credential evaluation service.  This evaluation must be submitted with your application.

STATE OF MARYLAND BENEFITS 

HOW TO APPLY: You must apply on line via the State's new on-line employment application system at the following web address:www.dbm.maryland.gov to be considered for this recruitment. If you are unable to access the website, you may forward your Maryland State application to the Maryland State Retirement Agency. Attention: Office of Human Resources,120 East Baltimore Street, Baltimore, Maryland 21202. DO NOT SUBMIT FORM MS-100 AS IT WILL BE RETURNED. Resumes are not accepted in lieu of the State application. Please refrain from writing "See Resume" or "See Attached" on the application. All information concerning your qualifications must be submitted online or received in our office NO LATER THAN June 6, 2014. We will not consider information submitted after this date.

Applications may be obtained by visiting the DBM website at: www.dbm.maryland.gov; or by calling 410-625-5539, toll-free 800-705-3493; TTY: users call Maryland Relay Service, 800-735-2258.

Due to the confidential nature of the work, selected candidates must undergo and pass a background check.

As an equal opportunity employer Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State's diversity.