Investment Analyst I - Public Markets

About Us:

Indiana Public Retirement System (INPRS’) is among the largest 100 pension systems in the United States. INPRS serves the needs of approximately 473,000 members and retirees representing approximately 1,244 employers, including public universities, school corporations, public safety, municipalities and state agencies. The Indiana Public Retirement System is a public pension fund who manages approximately over $50 billion in assets, making it one of the largest in the United States. We are located in the heart of the city, in downtown Indianapolis, near the circle & across the street from our monumental state house. This position will require Indiana state residency. This position is not eligible for H-1B or any other kind of temporary or permanent sponsorship for work authorization by the Indiana Public Retirement System. Therefore, if you will require sponsorship from us for work authorization now or in the future, we cannot consider your application at this time.

Why Join:

INPRS’ believes that people are the foundation of our success. It takes people with different backgrounds, ideas, and strengths to be successful. Balance in life is important. We strive to have a flexible and supportive environment while not sacrificing service to our members. We pride ourselves by modeling a collaborative, diverse and inclusive environment for our employees. Our mission. “As fiduciaries, educate stakeholders, collect necessary contributions, and prudently manage member assets to deliver promised defined benefit and defined contribution benefits and services”.

Your Impact:

This position is a member of the Investments Team responsible for the INPRS’ multi-billion dollar investment portfolio. As a member of the Public Markets Team, the Investment Analyst - Public Markets, is responsible for researching, evaluating, recommending, and monitoring investments within the defined benefit and defined contribution plans, which may include public equity, public fixed income, commodities, absolute return, and risk parity. The position is involved in all aspects of investment management including asset allocation, portfolio implementation, manager/investment due diligence and selection, as well as portfolio monitoring. The position also interacts with a wide variety of world-class managers and gains unique insights into global investments.

Essential Duties:

• Conduct analyses and evaluations and participate in due diligence processes pertaining to potential fund investments.
• Monitor investment managers and investments.
• Lead the creation, development, and refinement of quantitative models.
• Ensure that all actions taken in the asset class allocation are consistent and in accordance with established investment policy guidelines. Ensure compliance with contracts.
• Proactively monitor activities of the asset class portfolio including investment transactions, status reports, risk reports, and portfolio performance.
• Participate as an active member of INPRS' Investments Team.
• Complete Investments Team strategic projects as assigned.

Job Requirements:

• Knowledge of investment concepts, terminology, styles, models, strategies, and fundamental investment factors.
• Considerable skill in using a computer in a Windows environment with word processing, spreadsheet, presentation, database, and other business software to prepare correspondence, spreadsheets, charts, and reports.
• Considerable skill in conducting data searches and evaluations of large amounts of information, performing complex analysis of the data, and preparing concise and accurate reports and written / oral recommendations.
• Exceptional skill in planning, organizing, and prioritizing work assignments to manage a high-volume workload in a fast-paced, changing environment and in completing detailed work with a high degree of accuracy.
• Excellent verbal and/or written communication of complex information that is accurate, timely and based on sound judgment, and in making presentations to groups with varied levels of investment knowledge.
• Excellent judgment and critical thinking skills.
• Ability to establish and maintain harmonious working relationships with co-workers, agency staff, and external contacts, and to work effectively in a professional team environment.
• Ability to travel as needed in order to conduct due diligence on investment managers and monitor current managers/investments.

Experience and Qualifications:

• Bachelor’s degree from an accredited four-year college or university.
• Interest in pursuing applicable post-graduate education and/or designations (MBA, CFA, CAIA).
• 0-3 years of work experience.
• Passion for investments; personal curiosity for investing & research.

Comprehensive Benefits Package:

• Competitive compensation with investment incentive compensation plan
• All equipment provided
• Healthcare coverage (medical / dental / vision)
• Health savings account with employer contribution
• Prescription coverage
• Employer funded retirement plan (pension plan)
• Deferred compensation plan (employer and/or employee contribution plan)
• Flexible spending account
• Work/life balance (37.5 hours weekly)
• 12 paid holidays; 14 during election year
• Paid leave (personal, sick, vacation)
• Tuition and/or credential reimbursement
• Group life insurance
• Employer-paid downtown parking

If you are interested in this position, please submit your application and resume for review. For more information about our organization, please visit our INPRS Careers Page: https://www.in.gov/inprs/careers.htm.

Equal Employment Opportunity:

The Indiana Public Retirement System (INPRS) is an Equal Opportunity Employer and is committed to recruit, select, develop, and promote employees based on individual ability and job performance. Our policy is to provide equal employment opportunity to all people in all aspects of employer-employee relations without discrimination because of race, color, creed, religion, sex, national origin, ancestry, age, sexual orientation, gender identity, physical or mental disability, or veteran status. We will comply with the spirit as well as the letter of all applicable state and federal laws.

Indiana Public Retirement System has established a culture that welcomes equity, inclusion, and opportunity for all employees and applicants. We encourage you to apply if you feel you have the transferrable skills to be successful in this position and we look forward to reviewing your application.