Liberal Arts Career Services
Liberal Arts Career Services

Teacher Retirement System of Texas, Internal Public Markets Investment Associate, Application Deadline, BTT Gateway Job ID 10037

Thu, March 19, 2015

 Explore this position and learn how to apply via your BTT Gateway account, 10037 

 

Salary is commensurate upon the qualifications of the individual selected and the discretion of the Hiring Manager, but not less than $85,000 annually. This position is also eligible for Incentive Pay up to a maximum of 50% of base salary as detailed in the TRS Performance Incentive Pay Plan. 

The Internal Public Markets(IPM) Investment Associate performs moderately complex (journey-level) investments research and analysis work. Work involves assisting portfolio managers and staff with fundamental and statistical research and analysis, and in performing due diligence for potential investments. Works under moderate supervision with moderate latitude for initiative and independent judgment. This position reports to either the Head of Research or one of the senior Portfolio Managers in IPM. 

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES: 

Research and Analysis 
•Performs fundamental and statistical investment analysis for potential investment opportunities, including basic investment computations (i.e., return multiples, correlations, volatility analysis, attribution analysis, etc.), using any reliable printed or electronic media, partnership offering memoranda, and one on one contact with general and limited partners. 
•Assists investment managers in conducting strategic research, asset allocation analysis, and/or risk management. 
•Assists investment managers in analyzing performance attribution using proprietary models. 
•Conducts and reviews investment research on various industries, companies, or countries using computer databases. 
•Researches, analyzes, and reviews national, international, macro/micro economic and/or business conditions that directly affect agency investments. 
•Provides timely written or oral reports of analysis and recommendations to Investments staff and management. 

Due Diligence 
•Performs due diligence research and analysis for potential investment opportunities and/or external strategies. 
•Evaluates portfolio diversification by geography, industry, and sub-asset class. 
•Assists in the maintenance/improvement of existing and in the development of new quantitative and valuation models and techniques for investment diversification and risk management. 
•Consults or coordinates with investment managers, analysts, investment accounting, legal counsel, custodian, and third-party advisors and consultants. 
•Ensures that TRS Ethics Policy is adhered to in relationships with general partners, external managers, brokers, research suppliers and other vendors. 



•Performs related work as assigned. 


MINIMUM QUALIFICATION REQUIREMENTS/LICENSES AND CERTIFICATIONS: 

Education: •Bachelor’s degree from an accredited four-year college or university with major coursework in business administration, finance, accounting, operations research, math, information technology, liberal arts, or a related area. 
•A Master’s degree in a related area may substitute for one (1) year of the required experience.

Experience: 
•Two (2) years of full-time professional investments experience or other experience involving a high degree of skill in data analysis and evaluation, such as financial analysis, engineering, or statistics. 
•Depending on the assignment, required experience may include a background of work in the energy and/or healthcare industries. 

Registration, Certification, or Licensure: 
•None. 

Preferred Qualifications: 
•Experience in institutional investment research, accounting, financial analysis, statistical analysis, or a related field. 
•Certification as a Chartered Financial Analyst (CFA) or working towards CFA. 


KNOWLEDGE SKILLS AND ABILITIES/PHYSICAL REQUIREMENTS: 

Knowledge, Skills and Abilities 

Knowledge of: 
•Investment concepts, terminology, styles, models, strategies, and fundamental investment factors. 
•Statistical concepts, methods, and models, and their application to investments. 

Skill in: 
•Using a computer in a Windows environment with word processing, spreadsheet, presentation, database, and other business software to prepare correspondence, spreadsheets, charts, and reports. 
•Conducting data searches and evaluations of large amounts of information, performing complex statistical analysis of the data, and preparing concise and accurate reports and written/oral recommendations. 
•Planning, organizing, and prioritizing work assignments to manage a high-volume workload in a fast-paced and changing environment, and in completing detailed work with a high degree of accuracy. 
•Verbal and written communication of complex information that is accurate, timely, and based on sound judgment. 

Ability to: 
•Establish and maintain harmonious working relationships with co-workers, agency staff, and external contacts. 
•Work effectively in a professional team environment. 
•Travel occasionally for business purposes. 




Physical Requirements and/or Working Conditions 


Work is performed in a standard office environment and requires: 
•normal cognitive abilities including the ability to learn, recall, and apply certain practices and policies; 
•marginal or corrected visual and auditory requirements; 
•constant use of personal computers, copiers, printers, and telephones; 
•the ability to move about the office to access file cabinets and office machinery; 
•frequent sitting and/or remaining in a stationary position; and 
•the ability to work under deadlines, as a team member, and in direct contact with others. 


Workforce Expectations 


Must be able to: 
•regularly, reliably, and punctually attend work; 
•work extended hours as necessary; 
•travel up to 15% of the time for work assignments and training; 
•show flexibility and adaptability toward changes in assignments and work schedules; 
•adhere to the agency’s internal management policies and procedures; and 
•exhibit work behaviors consistent with agency and division core values. 

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  • Liberal Arts Career Services

    University of Texas at Austin
    FAC 18
    2304 Whitis Ave. Stop G6200
    Austin, Texas 78712-1508
    512-471-7900