PROGRAM MANAGER SENIOR IV

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.

The Maryland State Retirement Agency is seeking an exceptional individual to serve as Senior Portfolio Manager in its Investment Division's Absolute Return Portfolio and Risk Management Section.

This is a Management Service position and serves at the pleasure of the Appointing Authority.

120 East Baltimore Street

Baltimore, Maryland 21202

The Senior Portfolio Manager will assist in the sourcing, evaluating, recommending, and monitoring of investments in the Absolute Return Portfolio. This individual will work collaboratively with the Managing Director to support the overall investment program. The Senior Portfolio Manager will perform regular reviews and evaluations of managers, including performance attribution and exposure analysis; participate in meetings with prospective managers; assist with due diligence on new investments; assist in the process of reviewing and negotiating fund documentation; work collaboratively with the operations and legal teams in the initiation and maintenance of accounts; conduct research on investment ideas; track and model investment performance and exposures; assist the Managing Director in preparing presentation materials for Investment Committee meetings; manage consultant relationships; assist in the development of analysts, associates, and interns; assist in the maintenance of records related to investments; and participate in other projects and duties as assigned.

Education:  Possession of a bachelor's degree from an accredited four-year college or university in Math, Science, Economics, Finance, Accounting, Business Administration, Public Administration, or similar fields of study.

Experience: Five years of professional investment experience.

Preferred Qualifications:

* CFA and/or CAIA, FRM designation.

* Advanced degree in Math, Science, Economics, Finance, Business Administration, Public Administration or similar field of study.

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

Please make sure that you provide sufficient information on your application to show that you meet the qualifications 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.

 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.

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.  

STATE OF MARYLAND BENEFITS

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:

        Recruitment & Examination Division

        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.  

Please include a cover letter and resume with your application.  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 410-767-6352.

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.  People with disabilities and bilingual candidates are encouraged to apply.  We thank our Veterans for their service to our country, and encourage them to apply.