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ADMINISTRATOR VII

Senior Investment Analyst, Private Equity

Recruitment #16-006188-0004

Introduction

The Maryland State Retirement Agency is the administrator of the Maryland State Retirement and Pension System.  The System is a multi-employer, public employees’ benefit retirement system composed of twelve (12) separate retirement and pension systems with additional plan components, covering approximately 200,000 active members and more than 150,000 retires and beneficiaries.

This is an "at will" position and will serve at the pleasure of the appointing authority.

GRADE

22

LOCATION OF POSITION

120 East Baltimore Street

Baltimore, Maryland 21202

Main Purpose of Job

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.

POSITION DUTIES

The incumbent will work as part of the Private 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 communications with managers 

4.    Strong knowledge of the private equity markets including buyout, growth, venture and distressed limited partnerships. This position may evolve into management of direct co-investments. 

5.     Project duties and other duties as assigned

6.    Travel up to 25-50% of the time, which will likely include some international

MINIMUM QUALIFICATIONS

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

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

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

DESIRED OR PREFERRED QUALIFICATIONS

    • Private Equity investment experience is highly preferred particularly in performing due diligence on Private Equity General Partners.         
    • One year of experience in the financial services industry performing investment research and providing investment analysis and/or recommendations.         
    • One year of experience in a plan sponsor environment.         
    • Knowledge of the principles, practices and procedures of investment management; appropriate safeguard and risk mitigation 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.

SELECTION PROCESS

Please make sure that you provide sufficient information on your application to show that you meet the minimum for this recruitment.  All information concerning your qualifications must be submitted by the closing date.  We will not consider information submitted after this date. 

Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the employment (eligible) list for at least one year.  This list will be used by the hiring agency to select employees.

For education obtained outside the U.S., a copy of the equivalent American education as determined by a foreign credential evaluation service must accompany the application.

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

EXAMINATION PROCESS

The examination will consist of a rating of your education, training, and experience as presented on your application and as they relate to the requirements of the position.  You may be asked to complete a supplemental questionnaire.  The supplemental questionnaire may be used as part of the rating process.  Therefore, it is important that you provide complete and accurate information on your application.  

BENEFITS

FURTHER INSTRUCTIONS

The online application process is STRONGLY preferred.  If online access is not available, you may mail a paper application and supplemental questionnaire (if applicable) to: Amanda Sciukas, 301 West Preston Street, Room 608, Baltimore, MD 21201.  All mailed documents must include the applicant's name and the job number and must be received by the closing date. 

Resumes will NOT be accepted in lieu of completing the application.

If you have any questions concerning the recruitment process for this position, please call 410-767-4850.

TTY  Users: call via Maryland Relay

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

We thank our Veterans for their service to our country, and encourage them to apply.

Bilingual applicants are encouraged to apply.  




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