Investment Officer 1, Diversifying Strategies

State of Oregon

11d • $143,268 - $225,792 • Hybrid

About The Position

Oregon State Treasury is recruiting for the position of Investment Officer 1, Diversifying Strategies. The primary purpose of this position is to support the day-to-day investment and administrative activities of the Diversifying Strategies Portfolios, and to share the ongoing oversight of various investments with the Senior Investment Officer, Diversifying Strategies.

Requirements

• A bachelor’s degree in business or finance, or any degree demonstrating the capacity for investment management knowledge and skill.
• Five years of investment management experience including two years of asset management experience.
• MBA or similar graduate-level degree, Chartered Financial Analyst, or Chartered Alternative Investment Analyst designation may substitute for two of the five years' experience requirement.

Nice To Haves

• Experience in the institutional investment industry (investment consultant, asset manager, pension, endowment, foundation, etc.) with role progression, demonstrating success and increasing responsibility.
• Experience researching, underwriting, and monitoring diversifying strategies investment managers.
• Experience with diversifying strategies portfolio construction and risk management.
• Experience with investment programs such as eVestment, Factset, Bloomberg, Albourne Castle, and sophisticated Excel spreadsheets.
• Experience writing manager due diligence reports and presenting to committees or other large groups.
• Relevant advanced degree or CFA/CAIA designations preferred.
• Respect – Treats all individuals fairly and respectfully; works effectively with others; fosters an environment where opportunities to thrive are available to all; respects different values and viewpoints.
• Teamwork – Acts in a professional, respectful, and courteous manner, recognizes the worth of others, and places the good of the team ahead of personal objectives.
• Flexibility – Demonstrates willingness to change to meet organizational needs, professionally handles discomfort with a changing work environment, and remains calm in stressful situations.
• Communication – Effectively articulates and exchanges information with internal and external stakeholders. Is prompt in responding to questions and inquiries.
• Initiative – Takes appropriate action without waiting for explicit instructions, generates creative approaches to addressing problems and opportunities.
• Critical Thinking – Identifies and weighs options, makes sound decisions after reviewing all relevant information, plans for potential problems, takes calculated risks, and recognizes impact of solutions.
• Time Management – Prioritizes and manages time effectively across various competing tasks, demonstrating focus and adaptability, arriving on time for meetings, and meeting deadlines.
• Attention to Detail – Demonstrates accuracy and thoroughness when accomplishing tasks.

Responsibilities

• Supports and participates in the independent evaluation of investment proposals submitted for possible portfolio inclusion.
• Receives and reviews strategy presentations, takes frequent meetings with prospective general partners, managers, and placement agents and determines whether further review of proposed investment strategy is appropriate.
• Expected analysis encompasses the identification and documentation of each investment opportunity and its unique characteristics, evaluation of those characteristics relative to other, competing diversifying strategies investment opportunities, general partner track record assessment and a thorough inventory and evaluation of all other terms and conditions.
• Collaborates with the Diversifying Strategies team to screen prospective investments and works with the Senior Investment Officer, Diversifying Strategies on favorable recommendations for further evaluation.
• Participates in the due diligence and works with Oregon Investment Council (“OIC”) advisory firms on their due diligence efforts prior to Investment Committee recommendation for investment approval.
• Works with legal counsel to negotiate terms and conditions of various agreements and contracts, following approval.
• Due diligence efforts require on site visits to the general partners to make independent, qualitative assessments thereof.
• Works with the Senior Investment Officer, Diversifying Strategies to determine whether or not an investment recommendation should be made and presented.
• Assists in the preparation of presentation materials in support of recommendations to various committees.
• Works independently and as guided to perform industry and portfolio analysis and conduct research projects in support of the Diversifying Strategies Portfolios.
• Attend industry-related conferences and events.
• Manages day-to-day communication with existing general partners with which the Funds have invested.
• Meets frequently with existing general partners to discuss firm updates, portfolio performance, attribution, positioning, and outlook.
• Monitors partnership compliance, fee and performance metrics using reports from, and discussions with, advisors and general partner personnel, and evaluates findings on both an absolute and relative basis.
• Uses various systems to analyze and evaluate the Diversifying Strategies Portfolios, individual partnerships, and specific investments.
• Works with the Senior Investment Officer, Diversifying Strategies to monitor and coordinate the activities of the advisory firms retained to monitor and report on the Diversifying Strategies Portfolios.
• With the Senior Investment Officer, Diversifying Strategies may make presentations to the OIC.
• May make presentations to multiple internal committees regarding investment recommendations and portfolio review. with the guidance of the Senior Investment Officer, Diversifying Strategies.

Benefits

• Low employee premium share for medical, dental, vision, and basic employee life (1% or 5% employee share)
• Robust paid leave package, such as vacation, personal business, holidays, sick leave, and floating day of leave
• PERS retirement benefits
• Support with training and development
• Student loan forgiveness under the Public Service Loan Forgiveness Program (PSLF)
• Optional benefits include optional life, short & long term disability, accidental death and dismemberment, Oregon Savings Growth Plan (deferred compensation plan), flexible spending accounts, long term care insurance, employee assistance program, and more!

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees