Investment Officer - Private Equity

Missouri State Employees' Retirement System•Jefferson City, MO

1d•$152,348 - $220,904•Onsite

About The Position

MOSERS is searching for an individual to fill an investment officer of private equity role to round out an investment team that implements a forward-thinking pension portfolio. The primary responsibilities of this position are to lead the management of the private equity portfolio, including conducting research, due diligence, and modeling for prospective and existing managers; and providing oversight of external private equity manager relationships within this portfolio. This position works in our office in Jefferson City, Missouri.

Requirements

Bachelor’s degree in business administration, economics, finance, or closely related field with 5 years of relevant institutional experience is desired.
Requires an advanced knowledge of investment markets, economic theories, investment principles, and portfolio management, including a rigorous understanding of return measurement, risk factor exposures, and the distinctions between time-weighted returns and the common performance metrics used in closed-end vehicles.
Strong computer skills and a sound working knowledge of portfolio management systems are essential.
Requires strong abilities in interpreting statistical data and investment markets, including comfort with quantitative methods and factor-based frameworks as applied to both liquid and illiquid strategies.
Demonstrated experience across the full lifecycle of private market investments, including operational workflows and legal review.
Strong communication skills, both written and verbal are required, with experience making formal presentations.
Ability to maintain regular and reliable attendance.
Ability to maintain confidentiality.
Ability to establish and maintain positive working relationships with MOSERS staff, members, outside vendors, and other customers.
Ability to demonstrate integrity and a high degree of ethics.
Dedication to the task at hand and commitment to exceeding expectations.

Nice To Haves

Master’s degree is strongly preferred.
Chartered Financial Analyst (CFA) designation and Chartered Alternative Investment Analyst (CAIA) designation or progress towards the designation(s) is strongly preferred.
Our ideal candidate has quantitative skills in building financial models, and ability to work with complex data sets to enable better decision-making, through either advanced Excel or other programming methods.
Experience working with multiple illiquid asset classes is preferred, though candidates with additional experience in quantitative strategies, hedge funds, or other liquid market disciplines are particularly encouraged to apply, as a cross-market perspective meaningfully informs our private markets analysis.
Some out-of-state (possibly international) travel may be required for several days at a time and probably no more frequent than every other month.

Responsibilities

Oversee external manager relationships. Duties will include daily monitoring of assigned managers, conducting due diligence meetings, and writing reports to document current thoughts.
Lead the manager hiring and termination process for assigned asset classes to comply with MOSERS governance policies.
Lead asset class meetings to inform the group about current market conditions, current positioning, manager performance and research projects.
Produce research on markets and sub-class allocations for use in asset allocation decisions.
Recommend and implement strategic, value-added allocations across assigned asset classes.
Read, understand, and contribute to legal documents and account paperwork reviews with increasing understanding and contribution.
Track external research sources including interacting with senior research and portfolio management professionals in the investment management and investment banking industries, to provide useful insight into markets and investment opportunities.
Work with the internal risk team, investment managers, and software vendors to ensure the quality of the data in the risk measurement and custodian systems.
Develop and run reports on investment statistical software systems for use by the team in the investment decision-making process.
Maintain regular and reliable attendance.
Perform other duties as needed or assigned.