Investment Officer - Quantitative Analytics

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We are dedicated to delivering expert pension service to Illinois public educators as they earn their promised retirement security.

Job Summary

The Investment Officer is a mid-senior level investment professional in the Investments Department. Under the direction of senior Investment staff, the Investment Officer assists in coordinating and monitoring investments within the Teachers’ Retirement System Global Income Strategies portfolio.

The Investment Officer is responsible primarily for portfolio management with a specific focus on areas such as private credit, low duration, core and core plus, emerging market debt, and global multi-sector credit investments. The incumbent must be able to work independently, conduct thorough analysis and due diligence, and produce quantifiable recommendations supported by this research.

This position requires a thorough knowledge of general investment theory. The incumbent must be able to function effectively in stressful situations and possess a high degree of skill in both oral and written communications.

Essential Functions

• Help source, evaluate, and prepare analyses and proposals for investments in new potential investment managers and structures.
• Evaluate the qualifications of prospective investment management relationships in accordance with investment policy, asset allocation directives and mix, diversification strategies and guidelines controlling risk/return characteristics for Global Income Strategy portfolio.
• Research the investment performance and portfolio characteristics of existing and prospective investment management relationships and asset class structures.
• Evaluate performance and portfolio characteristics to ensure compliance with the directives of the TRS
• Board of Trustees regarding investment objectives and constraints.
• Prepare statistical and narrative reports regarding the investment portfolios within the Global Income
• Strategy asset class, market factors, alternative investment prospects, and investment industry practices.
• Proactively research investment approaches, asset mixes, and portfolio management techniques to provide potential incremental return to TRS’s individual assets and at the total fund level.
• Interact at the highest level with outside managers in direct management of the relationship to help facilitate co-investments.
• Represent TRS on partnership advisory panels and within the industry.
• Manage internal review of documentation and provide logistical leadership for the relevant oversight committee within the Global Income asset class.
• Assist Emerging Manager program staff, as necessary, in preparing analyses, due diligence, evaluations and proposals for administering emerging manager investment activity
• Assist with developing the skillsets of investment analysts within the investment program.
• Perform other duties as assigned or required.

Knowledge, Skills And Abilities

• Ability to positively represent the organization with external constituents
• Builds and manages effective teams
• Develops and delivers effective presentations
• Demonstrated analytical skills
• Maintains a high degree of professionalism

Minimum Requirements

• A bachelor’s degree in finance, accounting, economics, business administration or related field is required
• A Chartered Financial Analyst (CFA) designation or credible progress toward earning the CFA charter is preferred
• Requires a minimum of two years of investment experience, ideally focused within the particular asset class
• A background in due diligence and sourcing is preferred.

Please note: The salary range listed for this position is based on the Chicago, IL market. The salary range for Springfield is $126,713 - $197,672.

If you thrive in a dynamic environment and enjoy collaborating with driven, enthusiastic professionals, you will find a rewarding career with us.

For Illinois Job Seekers

Pay Range

$145,720.00 - $227,323.00

Compensation will be determined based on the qualifications and experience of each candidate.

Benefits

TRS is an agency of the State of Illinois. As such, full and part-time employees are eligible for the State of Illinois comprehensive benefits program which includes medical, dental and vision coverage. All employees participate in the TRS retirement pension plan and have the option to contribute to additional State of Illinois deferred compensation plans.

The TRS pension plan is a reciprocal system to other state and local pension plans (SERS, SURS, IMRF, etc.)