TTSTC - Junior Portfolio Manager
Texas Treasury Safekeeping Trust Company, Austin, Texas, us, 78716
General Description
Join TTSTC External Investments team as a Junior Portfolio Manager! This role performs senior-level asset management, market research, due diligence, investment monitoring, and preparation of Investment Committee and Board materials for investments in public and private credit markets. Work involves researching, analyzing, and evaluating fund investments and other investment information to implement approved investment policies and programs.
Responsibilities
Assist Portfolio Managers and the CIO in evaluating and monitoring existing external manager investments and co-investments, with an emphasis on exposures within private credit markets.
Contribute to asset allocation, portfolio construction, and risk management.
Communicate with potential managers via in-person meetings or phone calls on a regular basis and be able to speak to portfolio-related events knowledgeably.
Lead portfolio reporting efforts, including maintaining internal databases, preparing periodic portfolio reviews and creating materials for internal Investment Team and relevant Board meetings.
Conduct ongoing analysis for the existing portfolios; maintain and update information held in internal systems to ensure proper manager monitoring.
Coordinate with consultants to ensure proper coverage and analysis of potential investment opportunities and to develop pacing and asset allocation plans for assigned portfolios.
Support the senior team in sourcing and underwriting new fund investments with external managers in addition to prospective co-investment opportunities.
Lead in investment due diligence on prospective opportunities, including qualitative and quantitative analysis of investment strategy, process, portfolio construction, organization, and performance.
Prepare ad-hoc investment memos and present during Investment Committee meetings and other internal/external meetings.
Assist Portfolio Managers and the CIO with developing opportunistic and strategic investment themes, areas of focus, special projects, and prepare associated reports and presentations.
Represent the organization at industry conferences and manager annual meetings, fostering relationships and upholding TTSTC’s brand and reputation.
Read macroeconomic, microeconomic, financial, general business, and geopolitical research and analysis.
Participate in internal and/or external training and development opportunities.
Minimum Qualifications
Graduation from an accredited four-year college or university with major coursework in finance, accounting, mathematics, business administration, or a related field.
Seven (7) years of total investment experience, preferably at an endowment, foundation, OCIO firm, family office, fund of funds, investment bank, consulting firm, or a similar organization allocating capital to external investment managers.
Preferred Qualifications
MBA, MSF, JD or other relevant graduate degree.
Experience in private credit markets.
Licenses & Certifications
Chartered Financial Analyst (CFA).
Chartered Alternative Investment Analyst (CAIA).
Additional Requirements
A valid Texas (or state of residency) driver’s license and a satisfactory driving record.
Applicants offered an interview must present at or before the interview: a state issued driving record for the last 36 months, valid Texas driver’s license (or state of residency driver’s license), and current proof of automobile insurance.
Benefits The agency offers a strong benefits package including insurance, retirement plans, and a flexible work schedule.
Please Apply To apply, visit the job posting at https://capps.taleo.net/careersection/ex/jobdetail.ftl?job=00055728. Applications must be filed at the above link.
Important Notes Salary is contingent upon qualifications. If an interview is scheduled and a reasonable accommodation is required, inform the hiring representative at the scheduling call. Whenever possible, please give sufficient time for the representative to consider and respond to your request.
Military Preference To receive MILITARY PREFERENCE, you must provide proof by attaching the necessary documentation to this job application.
Equal Employment Opportunity Statement This position is open to all qualified applicants. The agency is an equal opportunity employer and encourages candidates of all backgrounds to apply.
#J-18808-Ljbffr
Responsibilities
Assist Portfolio Managers and the CIO in evaluating and monitoring existing external manager investments and co-investments, with an emphasis on exposures within private credit markets.
Contribute to asset allocation, portfolio construction, and risk management.
Communicate with potential managers via in-person meetings or phone calls on a regular basis and be able to speak to portfolio-related events knowledgeably.
Lead portfolio reporting efforts, including maintaining internal databases, preparing periodic portfolio reviews and creating materials for internal Investment Team and relevant Board meetings.
Conduct ongoing analysis for the existing portfolios; maintain and update information held in internal systems to ensure proper manager monitoring.
Coordinate with consultants to ensure proper coverage and analysis of potential investment opportunities and to develop pacing and asset allocation plans for assigned portfolios.
Support the senior team in sourcing and underwriting new fund investments with external managers in addition to prospective co-investment opportunities.
Lead in investment due diligence on prospective opportunities, including qualitative and quantitative analysis of investment strategy, process, portfolio construction, organization, and performance.
Prepare ad-hoc investment memos and present during Investment Committee meetings and other internal/external meetings.
Assist Portfolio Managers and the CIO with developing opportunistic and strategic investment themes, areas of focus, special projects, and prepare associated reports and presentations.
Represent the organization at industry conferences and manager annual meetings, fostering relationships and upholding TTSTC’s brand and reputation.
Read macroeconomic, microeconomic, financial, general business, and geopolitical research and analysis.
Participate in internal and/or external training and development opportunities.
Minimum Qualifications
Graduation from an accredited four-year college or university with major coursework in finance, accounting, mathematics, business administration, or a related field.
Seven (7) years of total investment experience, preferably at an endowment, foundation, OCIO firm, family office, fund of funds, investment bank, consulting firm, or a similar organization allocating capital to external investment managers.
Preferred Qualifications
MBA, MSF, JD or other relevant graduate degree.
Experience in private credit markets.
Licenses & Certifications
Chartered Financial Analyst (CFA).
Chartered Alternative Investment Analyst (CAIA).
Additional Requirements
A valid Texas (or state of residency) driver’s license and a satisfactory driving record.
Applicants offered an interview must present at or before the interview: a state issued driving record for the last 36 months, valid Texas driver’s license (or state of residency driver’s license), and current proof of automobile insurance.
Benefits The agency offers a strong benefits package including insurance, retirement plans, and a flexible work schedule.
Please Apply To apply, visit the job posting at https://capps.taleo.net/careersection/ex/jobdetail.ftl?job=00055728. Applications must be filed at the above link.
Important Notes Salary is contingent upon qualifications. If an interview is scheduled and a reasonable accommodation is required, inform the hiring representative at the scheduling call. Whenever possible, please give sufficient time for the representative to consider and respond to your request.
Military Preference To receive MILITARY PREFERENCE, you must provide proof by attaching the necessary documentation to this job application.
Equal Employment Opportunity Statement This position is open to all qualified applicants. The agency is an equal opportunity employer and encourages candidates of all backgrounds to apply.
#J-18808-Ljbffr