What are the responsibilities and job description for the Assistant Portfolio Manager, Alternative Investments position at STRS Ohio?
STRS Ohio, STRS
The State Teachers Retirement System of Ohio (STRS Ohio) is seeking an Assistant Portfolio Manager, Alternative Investments (Focus: Opportunistic/Diversified) in the Investments/Alternative Investments team. Nearly two-thirds of STRS Ohio’s investment assets are managed internally by more than 100 Investment Department professionals.
Established in 1920 and serving Ohio’s educators, STRS Ohio is one of the nation’s premier retirement systems, serving over 500,000 active, inactive, and retired public-school teachers, and university faculty members, managing approximately $92.8 billion as of June 30, 2023, in assets and paying more than $7 billion in benefits annually.
STRS Ohio provides a competitive pay, and a comprehensive benefits package including on-site parking, educational assistance, subsidized medical insurance, fully paid dental and life insurance, vacation and sick leave, retirement benefits and on-site fitness center. At STRS Ohio, you can experience rewarding work in a professional, business casual work environment. We welcome, celebrate, and promote respect for everyone. We are continually seeking bright and talented individuals to join our team.
Compensation
Competitive Pay
Work Schedule
8:00am-5:00pm Monday through Friday (On-site).
General Summary
Under the direction of the director, Alternative Investments, assist in the investment decision-making process, ongoing management, monitoring and evaluation of the alternative investments portfolio.
Summary Of Responsibilities
Summary Of Qualifications
State Teachers Retirement System of Ohio (STRS) is an Equal Employment Opportunity Employer and prohibits discrimination and harassment of applicants or employees on the basis of race, color, religion, gender, gender identity or expression, national origin (ancestry), military status, disability, age, genetic information, sexual orientation, or caregiver status, in making employment-related decisions about an individual.
ADA Statement
STRS Ohio is committed to ensuring access, inclusion, and reasonable accommodations across all its services, activities, programs, and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.
The State Teachers Retirement System of Ohio (STRS Ohio) is seeking an Assistant Portfolio Manager, Alternative Investments (Focus: Opportunistic/Diversified) in the Investments/Alternative Investments team. Nearly two-thirds of STRS Ohio’s investment assets are managed internally by more than 100 Investment Department professionals.
Established in 1920 and serving Ohio’s educators, STRS Ohio is one of the nation’s premier retirement systems, serving over 500,000 active, inactive, and retired public-school teachers, and university faculty members, managing approximately $92.8 billion as of June 30, 2023, in assets and paying more than $7 billion in benefits annually.
STRS Ohio provides a competitive pay, and a comprehensive benefits package including on-site parking, educational assistance, subsidized medical insurance, fully paid dental and life insurance, vacation and sick leave, retirement benefits and on-site fitness center. At STRS Ohio, you can experience rewarding work in a professional, business casual work environment. We welcome, celebrate, and promote respect for everyone. We are continually seeking bright and talented individuals to join our team.
Compensation
Competitive Pay
Work Schedule
8:00am-5:00pm Monday through Friday (On-site).
General Summary
Under the direction of the director, Alternative Investments, assist in the investment decision-making process, ongoing management, monitoring and evaluation of the alternative investments portfolio.
Summary Of Responsibilities
- Develop portfolio strategies based upon internally or externally implemented investment strategies, with a goal of meeting the long-term performance objectives of the total fund.
- Generate and evaluate prospective investment opportunities, including meeting with principals, conducting due diligence, conferring with outside parties and preparing investment recommendations.
- Lead or support internal deal team efforts to source, analyze, recommend, structure, negotiate and execute alternative investment strategies including liquid alternatives.
- Develop and maintain strategic partner relationships which generate high-quality deal flow and due diligence supporting investment activities.
- Provide training, education and guidance of less senior alternative investments staff.
Summary Of Qualifications
- Bachelor's degree in related field required.
- Master's degree in business administration, economics, statistics, finance, applied mathematics or a quantitively oriented field strongly preferred.
- Ten or more years in quantitative investment research strongly preferred.
- Chartered Financial Analyst (CFA) charter holder preferred.
- Thorough knowledge and familiarity with economics, finance and statistics including asset pricing theory, portfolio theory and option valuation.
- Proven ability to conduct research, model proforma financials, analyze data, value financial assets and make recommendations to other members of the alternative investments team required.
- Superior organizational skills and a high degree of accuracy and attention to detail required.
State Teachers Retirement System of Ohio (STRS) is an Equal Employment Opportunity Employer and prohibits discrimination and harassment of applicants or employees on the basis of race, color, religion, gender, gender identity or expression, national origin (ancestry), military status, disability, age, genetic information, sexual orientation, or caregiver status, in making employment-related decisions about an individual.
ADA Statement
STRS Ohio is committed to ensuring access, inclusion, and reasonable accommodations across all its services, activities, programs, and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.
