Portfolio Associate - Fixed Income

JOB SUMMARY

This position is responsible for using internal tools to manage a broad range of investment data to support the management of PERA's Fixed Income Investment Portfolio. Assists with financial modeling, reporting, due diligence on potential investments, post-investment monitoring, and other administrative related activities as needed.

ESSENTIAL FUNCTIONS

• Compiles, creates, updates, and maintains financial spreadsheets and reports using a variety of financial and analytical software

• Assists Portfolio Managers and Senior Analysts with trade related duties including pre and post trade compliance, trade entry, and trade execution

• Monitors and updates fixed income and risk positions in Aladdin, Bloomberg and Excel

• Performs portfolio analysis and reporting including positioning relative to the policy benchmark, active risk, and performance attribution

• Works with senior investment professionals to develop additional quantitative and analytical tools to enhance portfolio monitoring and investment due diligence

• Interfaces between colleagues in Investment Operations, Investment Administration, and the Fixed Income Team, including but not limited to providing trade recap, TBA positions for roll requirements and margin

• Ensures data quality and timely reporting

• Contributes to the creation of investment memos, exhibits, and reports

• Participates in training and educational opportunities for ongoing professional development

• Maintains regular and prompt attendance in the workplace

• Performs other duties as assigned

QUALIFICATIONS

• Bachelor's degree in finance, economics, business administration, or related field required

• Progress towards CFA and/or CAIA designation preferred

• Minimum of 1-3 years of investment industry experience working directly with portfolio managers and analysts preferred.

• General understanding of financial concepts, markets, principles, and theories

• Understanding of macroeconomics and its influence on investments

• Demonstrated quantitative, analytical and problem-solving skills

• Effective prioritization and time-management skills

• Effective oral and written communication skills

• Proficiency with MS Office, Bloomberg, Aladdin and other financial software applications

• Ability to work effectively both independently and with others in a team environment

WORKING CONDITIONS

• Standard office environment with regular computer and phone use

• Occasional travel as necessary for business purposes

HYBRID WORK OPTION

• Opportunity to work from home up to two days per week. Eligibility dependent upon factors detailed in PERA's Work from Home Policy.

JOB DESCRIPTION DISCLAIMER:

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of an employee. Duties, responsibilities, and activities may change or new ones may be assigned with or without notice.

Unfortunately, at this time, we cannot consider candidates that require sponsorship (now or in the future), or are located outside of the US.

INTERESTED CANDIDATES

Complete the employment application through the Paycom platform. Please have copies of your resume and cover letter available to upload.

Upon submission of your application a confirmation will appear on your screen, within the confirmation you will be provided a link to a pre-employment skills assessment. You may complete this assessment immediately following your application submission or you may log into your account and complete this at a time which works better for you.

ABOUT COLORADO PERA

As Colorados largest public pension plan, we are committed to providing retirement and other benefits to more than 600,000 current and former teachers, State Troopers, corrections officers, snowplow drivers, and many other public employees who provide valuable service to all of Colorado.

We hire exceptional employees and invest in their growth and development. We are passionate about our work and committed to serving our members by delivering quality customer service, sound investment decisions, and education programs. Our culture is built on the core values of integrity and accountability, excellence and initiative, collaboration, and engagement. We value diverse perspectives and promote an inclusive culture, recognizing that our people are our primary asset. We provide a healthy work-life balance and a culture where excellence is rewarded. At PERA, your work makes a difference every day.

At PERA, you will earn more than just a paycheck- our total rewards package is focused on wellbeing. We offer a comprehensive benefit plan with eligibility for most plans being the first of the month following the date of hire. We offer a generous paid time off plan as well as paid volunteer hours, PERAs defined benefit plan, 401(k) and 457 defined contribution plans (including employer match on the 401(k), as applicable), tuition assistance, on-the-job training, free access to an on-site fitness center, free on-site parking or RTD subsidy, and more. PERA is also a Public Service Loan Forgiveness qualifying employer. For more information, please visit www.copera.org/careers.

Position Title: Portfolio Associate - Fixed Income

Division: Investments Fixed Income

Reports to: Director of Fixed Income

Job Status: Full Time / Exempt

Salary: $95,000.00 to $110,000.00 per year, commensurate with experience

Posting Dates: 06/26/24 to 07/14/24