What are the responsibilities and job description for the Investment Operations Analyst position at Indiana Public Retirement System?
Job Description
Job Description
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 allow a flexible (hybrid) work arrangement, but 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 investment team which is responsible for INPRS’ multi-billion dollar investment portfolio. As a member of the Investment Operations Team, the Investment Operations Analyst is responsible for external investment manager compliance and stewardship initiatives relating to proxy voting, restricted securities monitoring, and other legislative matters. The role will collaborate and maintain relationships with a wide variety of industry specialists, third-party vendors, INPRS investment leadership, and other INPRS departments.
Essential Functions :
- Responsible for compliance monitoring of the investment portfolio, manager concentration reporting, and annual policy review process.
- Manage and enhance the existing investment stewardship framework which includes proxy vote reporting and compliance with Investment Policy Statement sections dedicated to fiduciary standards, nonfinancial investment activity, and prohibited securities.
- Evaluate firms capable of providing proxy voting services and recommend a policy that aligns INPRS’s votes with the legal requirements and reporting.
- Advise and collaborate with investment team on stewardship integration of our Investment Managers.
- Routinely review Investment Managers engagement with portfolio companies and industry groups on sensitive matters.
- Engage with third parties, including consultants, peers, and other organizations, to stay informed on all matters relating to compliance and stewardship.
- Prepare and collaborate on presentations and supplemental materials regarding investment compliance and stewardship practices.
- Carry out other investment stewardship duties as assigned by the Executive Director, Chief Investment Officer, Manager of Investment Operations and Director of Investment Stewardship.
Job Requirements :
Experience and Qualifications :
Comprehensive Benefits Package :
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.
