Senior Manager Investment Office Psers

THE POSITION

Are you seeking meaningful and rewarding investment management work as a key contributor on a dynamic Private Markets investment team? If so, look no further! The Pennsylvania Public School Employees' Retirement System (PSERS) is seeking an experienced, collaborative professional to assist with the management of PSERS' $25+ billion Private Markets portfolio. A successful candidate for this position should possess: excellent analytical and communication skills; intellectual curiosity; strong attention to detail/project management skills; expert PowerPoint, Word, and Excel acumen; the ability to quickly learn and apply new concepts; the ability to multi-task; strong interpersonal skills; and a collaborative work ethic.

The Pennsylvania Public School Employees' Retirement System (PSERS, www.psers.pa.gov), is an agency in the Commonwealth of Pennsylvania that administers the pension plan for Pennsylvania's public school employees. The mission of PSERS is to maintain a financially sound System that supports over a half million members with a current pension fund of approximately $70+ billion. This position will play a contributing part in ensuring PSERS fulfills its mission and values.

PSERS is located in Harrisburg, PA, a mid-size city situated along the Susquehanna River. Teleworking is optional, with an occasional need to report to the Harrisburg office as operationally necessary. If requesting to telework, you must have a securely configured high-speed internet connection and be located in Pennsylvania. The Harrisburg area is affordable and near many attractions including Hershey, and it is only two hours from major cities and airports like Philadelphia, Baltimore, and Washington D.C.

DESCRIPTION OF WORK

As a direct report to the agency Managing Director of Private Markets, the Senior Manager will assist with the management of PSERS' Private Markets portfolios such as Private Equity, Private Credit, Private Real Estate, and Private Infrastructure. In this capacity, the Senior Manager will be relied upon as a key contributor to the Private Markets team, responsible for recommending the direction and establishment of annual and long term goals for assigned portfolios and leading strategic and special projects related to the Private Markets portfolios. Additionally, the Senior Manager will manage junior team members and external consultant interactions related to assigned portfolios, oversee external manager sourcing and related underwriting and monitoring processes, and negotiate new partnerships agreements with general counsel assistance.

Interested in learning more? Additional details regarding this position can be found in the position description.

Work Schedule and Additional Information:

• Full-time employment

• Work hours are 8:30 AM to 5:00 PM, Monday - Friday, with a 60-minute lunch.

• Telework: You may have the opportunity to work from home (telework) part-time. In order to telework, you must have a securely configured high-speed internet connection and work from an approved location inside Pennsylvania. If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg.

• Salary: In some cases, the starting salary may be non-negotiable.

• You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.

REQUIRED EXPERIENCE, TRAINING & ELIGIBILITY

QUALIFICATIONS

Minimum Experience and Training Requirements:

• Two years as a PSERS Manager; or

• A Bachelor's degree and six years performing relevant public or private markets investment work; or

• An equivalent combination of experience and training.

• Successful completion of any of the following professional accreditations may be substituted for relevant work experience:

• Chartered Financial Analyst (CFA): 1 year per level passed

• Chartered Alternative Investment Analyst (CAIA): 1 year

• Financial Risk Manager (FRM): 1 year per level passed

• Professional Risk Manager (PRM): 1 year

• Certified Treasury Professional (CTP): 1 year (only applicable to Fixed Income positions)

• Certified Property Manager (CPM): 1 year per 4 courses passed (only applicable to Real Estate positions)

Additional Requirements:

• You must be able to perform essential job functions.

Preferred Qualifications (not required):

• Ten or more years of work experience in the investment management industry.

• Five or more years of work experience in private markets investment management industry.

• Three or more years of work experience at an endowment, foundation, pension, investment consultant, or other allocator of capital.

• Three or more years of work experience interpreting financial models.

• Two or more years of experience making professional presentations to key stakeholders.

• Completion of Chartered Financial Analyst (CFA) or Chartered Alternative Investment Analyst (CAIA) designation.

How to Apply:

• Your application must include a resume.

• You must attach a resume to your application for review by the hiring manager. However, the information contained therein will not be considered for the purposes of determining your eligibility for the position. Information to support your eligibility for the position must be provided on the application (i.e., relevant, detailed experience/education).

• If you are claiming education in your answers to the supplemental application questions, you must attach a copy of your college transcripts for your claim to be accepted toward meeting the minimum requirements. Unofficial transcripts are acceptable.

• Your application must be submitted by the posting closing date. Late applications and other required materials will not be accepted.

• Failure to comply with the above application requirements may eliminate you from consideration for this position.

Veterans:

• Pennsylvania law (51 Pa. C.S. §7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to www.employment.pa.gov/Additional%20Info/Pages/default.aspx and click the Veterans' Preference tab or contact us at ra-cs-vetpreference@pa.gov.

Telecommunications Relay Service (TRS):

• 711 (hearing and speech disabilities or other individuals).

If you are contacted for an interview and need accommodations due to a disability, please discuss your request for accommodations with the interviewer in advance of your interview date.

The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply.

Learn more about our Total Rewards by watching this short video!

Health & Wellness

We offer multiple health plans so our employees can choose what works best for themselves and their families. Our comprehensive benefits package includes health coverage, vision, dental, and wellness programs.*

Compensation & Financial Planning

We invest in our employees by providing competitive wages and encouraging financial wellness by offering multiple ways to save money and ensure peace of mind including multiple retirement and investment plan options.

Work/Life Balance

We know there's more to life than just work! Our generous paid leave benefits include paid vacation, paid sick leave, eight weeks of paid parental leave, military leave, and paid time off for most major U.S. holidays, as well as flexible work schedules and work-from-home opportunities.*

Values and Culture

We believe in the work we do and provide continual opportunities for our employees to grow and contribute to the greater good. As one of the largest employers in the state, we provide opportunities for internal mobility, professional development, and the opportunity to give back by participating in workplace charitable giving.

Employee Perks

Sometimes, it is the little "extras" that make a big difference. Our employees receive special employee-only discounts and rates on a variety of services and memberships.

For more information on all of these Total Rewards benefits, please visit www.employment.pa.gov and click on the benefits box.

• Eligibility rules apply.

01

Have you been employed by the Commonwealth of Pennsylvania as a PSERS Manager for two or more years full-time?

• Yes

• No

02

If you are claiming experience in the above question, please list the employer(s) where you gained this experience in the text box below. The employer(s) and a description of the experience must also be included in the appropriate sections of your application if you would like the experience to be considered in the eligibility decision. If you claimed you do not have experience, type N/A in the text box below.

03

How many years of full-time professional experience do you possess performing private markets investment work (professional level work experience in: private equity; private credit; private real estate; private infrastructure; asset allocation; portfolio construction; and investment portfolio strategy) or performing public markets investment work (professional level work experience in: public equities, fixed income, asset allocation; portfolio construction; and investment portfolio strategy)?

• 6 years or more

• 5 but less than 6 years

• 4 but less than 5 years

• 3 but less than 4 years

• 2 but less than 3 years

• 1 but less than 2 years

• Less than 1 year

• None

04

If you are claiming experience in the above question, please list the employer(s) where you gained this experience in the text box below. The employer(s) and a description of the experience must also be included in the appropriate sections of your application if you would like the experience to be considered in the eligibility decision. If you claimed you do not have experience, type N/A in the text box below.

05

How much graduate coursework have you completed, in any field? If you are claiming credits/degree, you must upload a copy of your college transcript(s) for this education to be considered in the eligibility decision. Unofficial transcripts are acceptable. You must attach your transcript(s) prior to the submission of your application by using the "Attachments" tab on the left. You will not be able to add a transcript(s) to the application after it has been submitted.

If your education was acquired outside of the United States, you must also upload a copy of your foreign credential evaluation. For more information on foreign education credentials, please visit https://www.employment.pa.gov/Additional%20Info/Pages/default.aspx#q3 and click on Other Information.

• 30 credits or more

• Less than 30 credits

• None

06

Have you successfully completed any of the following professional accreditations: Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), Financial Risk Manager (FRM), Professional Risk Manager (PRM)?

• Yes

• No

07

If Yes, please state which accreditation(s) you've successfully completed, which level(s) (if applicable), and when you completed the accreditation(s). If No, please list N/A in the text box below.

08

Preferred Qualification Do you have ten or more years of work experience in the investment management industry?

• Yes

• No

09

Preferred Qualification Do you have five or more years of work experience in private markets investment management industry?

• Yes

• No

10

Preferred Qualification Do you have three or more years of work experience at an endowment, foundation, pension, investment consultant, or other allocator of capital?

• Yes

• No

11

Preferred Qualification Do you have three or more years of work experience interpreting financial models?

• Yes

• No

12

Preferred Qualification Do you have two or more years of work experience making professional presentations to key stakeholders?

• Yes

• No

13

Preferred Qualification Have you successfully completed the Chartered Financial Analyst (CFA) or Chartered Alternative Investment Analyst (CAIA) designation?

• Yes

• No

Required Question

Agency Commonwealth of Pennsylvania

Address 613 North Street

Harrisburg, Pennsylvania, 17120

Website http://www.employment.pa.gov