Job Information
Commonwealth of Pennsylvania Jr. Investment Professional, PSERS in Harrisburg, Pennsylvania
Reference #: 4573616 THE POSITION Are you seeking foundational level, yet highly impactful, investment operations work in an investment portfolio and trade support capacity? Do you have the experience and knowledge to perform the full range of work with primary duties involving the completion of treasury and custodial bank transactions as well as reporting on total funds / related liquidity? Then look no further! We are looking for a self-motivated, collaborative professional working in this capacity to communicate with internal management and external stakeholders. A successful candidate for this position should possess: the ability to multi-task; solid time management skills; strong attention to detail/technical acumen; excellent analytical and communication skills; ability to quickly learn and apply new concepts; strong interpersonal skills; and a collaborative work ethic.
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. 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 WORK This position works within the agency Portfolio Support team of Investment Operations in a critical role coordinating assigned investment operations activities for the Investment Office of the Public School Employees' Retirement System. Primary responsibilities include: completion of treasury related functions at PSERS' custodian bank and reporting on PSERS' total fund as well as the fund's overall liquidity. In this capacity, the position will perform basic components within these functions with close supervision and coordination with other investment professionals.
Interested in learning more? Additional details regarding this position can be found in the position description.
Work Schedule and Additional Information: Full-time employment. Work hours are 8:00 am to 4:00 pm, Monday - Friday, with 30-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 & ELIGIBILITY
QUALIFICATIONS 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) Applicants will be considered to have met the educational requirements once they are within 3 months of graduating with a qualifying degree/credit.
Additional Requirements: You must be able to perform essential job functions.
Preferred Qualifications (not required): Bachelor's degree from an accredited college or university in Finance or Accounting; One year or more of experience creating/monitoring investment fund reports with data visualization tools which may include: liquidity forecasting/estimated significant cash flows and related settlement; One year or more of experience conducting treasury related function within custodian banking platform to move cash, securities, fund capital calls, etc.; and One year or more of review,/audit, of investment fees, budgetary items, and related expenditures from custodian banks. How to Apply:
Your application must include a resume and cover letter. 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).
This posting requires submission of a copy of your college transcript(s). Unofficial transcripts are acceptable. You may upload your document as an attachment during the application process. You must still complete the application and answer the supplemental questions. All documents MUST be uploaded prior to the submission of your application. 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 towww.employment.pa.gov/Additional%20Info/Pages/default.aspx and click the Veterans' Preference tab or contact us at ra-cs-vetpreference@pa.gov.
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.