Junior Investment Professional, PSERSPrint (https://www.governmentjobs.com/careers/pabureau/jobs/newprint/4510902) ApplyJunior Investment Professional, PSERSSalary$60,656.00 - $83,423.00 AnnuallyLocation Dauphin County, PAJob TypeNon-Civil Service Permanent Full-timeJob NumberN-2024-82684DepartmentPublic School Employees' Retirement SystemDivisionPS Invmt OffOpening Date05/22/2024Closing Date6/11/2024 11:59 PM EasternJob CodeP7201Position Number00196648UnionNon-UnionBargaining UnitA3Pay GroupIP01Bureau / Division Code00721630Bureau / DivisionInvestment OfficeWorksite Address5 North 5th StreetCityHarrisburg, PennsylvaniaZip Code17101Contact NameDoris CoomesContact Phone717.720.4738Contact [email protected]
Description
Benefits
Questions
THE POSITIONWould you enjoy serving a critical role in helping to secure the pensions for hundreds of thousands of teachers and public-school employees in Pennsylvania? Are you an investment professional who is looking for a challenging, yet rewarding, new opportunity in an expanding quantitative risk management team? Are you interested in analyzing portfolio risk exposures across various types of asset classes, public and private? Do you enjoy working in a collaborative team environment? If so, this may be the opportunity for you. We are looking for a Junior Investment Professional to join our Market Risk team at PSERS. The Pennsylvania Public School Employees’ Retirement System (PSERS , www.psers.pa.gov ), is an agency in the Commonwealth of Pennsylvania that administers the pension plan for Pennsylvania’s public school employees. The mission of PSERS is to maintain a financially sound system that supports over a half million members with a current pension fund of approximately $70 billion. This position will play a contributing part in ensuring PSERS fulfills its mission and values. PSERS is located in Harrisburg, PA, a mid-size city situated along the Susquehanna River. Teleworking is optional, with an occasional need to report to the Harrisburg office as operationally necessary. If requesting to telework, you must have a securely configured high-speed internet connection and be located in Pennsylvania. The Harrisburg area is affordable and near many attractions including Hershey, and it is only two hours from major cities and airports like Philadelphia, Baltimore, and Washington D.C. DESCRIPTION OF WORKThis broadly focused risk management analyst position will assist the PSERS Investment Office in analyzing and monitoring complex investment exposures and risks for PSERS’ entire investment program. The incumbent will provide critical support to the holistic evaluation of investment risks on a subset of specific strategies, individual portfolios, asset classes, and the plan overall. Working with other members of the team, this individual will discuss risk matters with the broader Investment Office and help with the messaging of risk matters in general.Interested in learning more? Additional details regarding this position can be found in the position description. (https://careers.employment.pa.gov/pd/PDNEOGOV.asp?p=00196648) Work Schedule and Additional Information:
Full-time employment
Work hours are 8:00 AM to 4:30 PM, Monday - Friday, with 60-minute lunch.
Telework: You may have the opportunity to work from home (telework) part-time, dependent on operational and executive leadership requirements. In order to telework, you must have a securely configured high-speed internet connection and work from an approved location inside Pennsylvania. If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg.
Salary: In some cases, the starting salary may be non-negotiable.
You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.
REQUIRED EXPERIENCE, TRAINING & ELIGIBILITYQUALIFICATIONS Minimum Experience and Training Requirements:
A Bachelor’s degree; or four years performing relevant investment operations or investment risk work;or
An equivalent combination of experience and training.
Successful completion of any of the following professional accreditations may be substituted for relevant work experience:
Chartered Financial Analyst (CFA): 1 year per level passed
Chartered Alternative Investment Analyst (CAIA): 1 year
Financial Risk Manager (FRM): 1 year per level passed
Professional Risk Manager (PRM): 1 year
Certified Securities Operations Professional (CSOP): 1 year (only applicable to Operations positions)
Certified Treasury Professional (CTP): 1 year (only applicable to Operations positions)
Additional Requirements:
You must be able to perform essential job functions.
Preferred Qualifications (not required):
Bachelor's degree with a concentration in the areas of finance, mathematics, statistics, actuarial science, data science, or economics.
Completed college coursework or have work experience in performing relevant investment risk analysis or management work.
Completed college coursework or have work experience using any investment risk systems or models.
Have one year or more of experience using Microsoft Excel or comparable spreadsheet program.
How to Apply:
Your application must include aresume.
You must attach a cover letter and resume to your application for review by the hiring manager. However, the information contained therein will not be considered for the purposes of determining your eligibility for the position. Information to support your eligibility for the position must be provided on the application (i.e., relevant, detailed experience/education).
If you are claiming education in your answers to the supplemental application questions, you must attach a copy of your college transcripts for your claim to be accepted toward meeting the minimum requirements. Unofficial transcripts are acceptable.
Your application must be submitted by the posting closing date. Late applications and other required materials will not be accepted.
Failure to comply with the above application requirements may eliminate you from consideration for this position.
Veterans:
Pennsylvania law (51 Pa. C.S. §7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to www.employment.pa.gov/Additional%20Info/Pages/default.aspx and click the Veterans’ Preference tab or contact us at [email protected] .
Telecommunications Relay Service (TRS):
711 (hearing and speech disabilities or other individuals).
If you are contacted for an interview and need accommodations due to a disability, please discuss your request for accommodations with the interviewer in advance of your interview date.
The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply.
Learn more about our Total Rewards by watching this shortvideo (https://www.youtube.com/embed/HtcSRnndflc?rel=0) !Health & WellnessWe offer multiple health plans so our employees can choose what works best for themselves and their families. Our comprehensive benefits package includes health coverage, vision, dental, and wellness programs.Compensation & Financial PlanningWe invest in our employees by providing competitive wages and encouraging financial wellness by offering multiple ways to save money and ensure peace of mind including multiple retirement and investment plan options. Work/Life BalanceWe know there’s more to life than just work! Our generous paid leave benefits include paid vacation, paid sick leave, eight weeks of paid parental leave, military leave, and paid time off for most major U.S. holidays, as well as flexible work schedules and work-from-home opportunities. Values and CultureWe believe in the work we do and provide continual opportunities for our employees to grow and contribute to the greater good. As one of the largest employers in the state, we provide opportunities for internal mobility, professional development, and the opportunity to give back by participating in workplace charitable giving.Employee PerksSometimes, it is the little “extras” that make a big difference. Our employees receive special employee-only discounts and rates on a variety of services and memberships.For more information on all of these Total Rewards benefits, please visitwww.employment.pa.gov and click on the benefits box.Eligibility rules apply.01 How many years of full-time experience performing relevant non-traditional markets investment work do you possess?
4 years or more
3 but less than 4 years
2 but less than 3 years
1 but less than 2 years
Less than 1 year
None
02
If you are claiming experience in the above question, please list the employer(s) where you gained this experience in the text box below. The employer(s) and a description of the experiencemustalso be included in the appropriate sections of your application if you would like the experience to be considered in the eligibility decision. If you claimed you do not have experience, type N/A in the text box below.
03
How much college coursework have you completed in any field?
If you are claiming credits/degree, you must upload a copy of your college transcript(s) for this education to be considered in the eligibility decision. Unofficial transcripts are acceptable. You must attach your transcript(s) prior to the submission of your application by using the "Attachments" tab on the left. You will not be able to add a transcript(s) to the application after it has been submitted.If your education was acquired outside of the United States, you must also upload a copy of your foreign credential evaluation. For more information on foreign education credentials, please visithttps://www.employment.pa.gov/Additional%20Info/Pages/default.aspx#q3and click on Other Information.
120 credits or more
90 but less than 120 credits
60 but less than 90 credits
30 but less than 60 credits
Less than 30 credits
None
04
Have you successfully completed any of the following professional accreditations: Chartered Financial Analyst (CFA); Chartered Alternative Investment Analyst (CAIA); Financial Risk Manager (FRM); Professional Risk Manager (PRM); or Certified Property Manager (CPM)?
Yes
No
05
If you answered Yes, please provide the accreditation name, accreditation number, and expiration date, in addition to the levels or courses of the accreditation you have completed, if applicable. If you answered No, please type N/A in the text box below.
06
Preferred Criteria: Have you completed a Bachelor's degree with a concentration in the areas of finance, mathematics, statistics, actuarial science, data science, or economics?
Yes
No
07
Preferred Criteria: Have you completed college coursework or have work experience performing relevant investment risk analysis or management work?
Yes
No
08
Preferred Criteria: Have you completed college coursework or have work experience using any investment risk analysis systems or models?
Yes
No
09
Preferred Criteria: Do you have one year or more of experience using Microsoft Excel or comparable spreadsheet program?
Yes
No
Required Question
AgencyCommonwealth of PennsylvaniaAddress613 North StreetHarrisburg, Pennsylvania, 17120Websitehttp://www.employment.pa.gov