Assistant Senior Investment Officer
- 146,000 - 213,000
- Olympia, WA, USA
- Permanent, Full time
- Washington State Investment Board
- 16 Nov 17 2017-11-16
We are seeking highly qualified candidates to fill an Assistant Senior Investment Officer (ASIO) position in the Risk Management and Asset Allocation (RMAA) unit. This is a full time exempt position reporting to the Senior Investment Officer (SIO). The ASIO will be primarily focused on researching and recommending strategies, sourcing and conducting due diligence on investment ideas, and monitoring WSIB’s Innovation Portfolio. The Innovation Portfolio is new to the RMAA unit, and in addition to proactive contributions to unit activities, the ASIO will be responsible for development of investment strategies and guidelines pertaining to the successful management of the portfolio.
This is a special opportunity to have meaningful impact at a well-resourced, high quality institutional investment organization. The RMAA unit is uniquely positioned to apply a broad working knowledge in its investment management and research activities.
• Recommend strategic direction and portfolio construction for WSIB’s Innovation Portfolio.
• Management and oversight of Innovation Portfolio investment relationships.
• Ongoing due diligence of existing relationships, including strengthening relationships with investment partners.
• Due diligence and underwriting of potential new investments and investment managers.
• Negotiate legal and business terms and conditions in partnership agreements and investment management agreements.
• Recommend changes to and/or termination of investments.
• Attend partnership meetings.
• Work cooperatively across the investment division to evaluate investment opportunities in conjunction with investment staff.
• Work collaboratively with the RMAA team regarding all risk, asset allocation, research topics, and program discussions.
• Support the SIO in development, monitoring, and implementation of the WSIB’s investment policies.
• Support the SIO in annual planning process and strategic priorities.
• Participate in discussions on macro-issues that may cause the WSIB to revisit its investment decisions (e.g., economic forces).
• Contribute to the development of the WSIB research agenda, including participating in investment research projects as appropriate.
• Intense curiosity in the “how” and “why” things are the way they are and about ways things can be better.
• Demonstrated resourcefulness and a commitment to learning.
• Strong working knowledge of at least two asset classes; working knowledge of private markets asset classes strongly preferred. Multi-asset class work experience, either direct or through research functions, a strong positive.
• Knowledge of modern portfolio theory, capital markets, asset allocation modeling, investment risk management tools, investment portfolio mechanics, and general knowledge of all investment asset classes.
• Ability to contribute to risk discussions on market, operational, and other risks inherent within WSIB investments.
• Ability to manage competing priorities and seek input when required.
• Experience with collaborative, cross-functional teamwork a positive.
• Strong communication, organizational, and relationship-building skills to coordinate work flow with the stakeholder groups and the various WSIB division groups.
• Strong computer skills with a wide variety of software knowledge and the ability to quickly learn new applications as required.
• Bachelor’s Degree in Business, Mathematics, Economics, Finance, Statistics, or closely related field, AND at least eight years of investment experience, preferably in an institutional investment setting. CFA designation strongly preferred. CAIA designation in addition to a CFA designation a positive.
TO APPLY PLEASE VISIT – WWW. CAREERS.WA. GOV
In addition to a complete profile, please attach:
• A cover letter specifying why this position is of interest to you, and how you meet the qualifications listed above. This letter should be no more than two pages.
• A current chronological resume.
Prior to a new hire, a background check including criminal record history will be conducted. Information from the background check will not necessarily preclude employment but will be considered in determining applicant’s suitability and competence to perform in the position.
For the Hiring Manager’s bio please go to: http://www.sib.wa.gov/opportunities/docs/at_bio_2018.pdf
For additional information on the job please go to http://www.sib.wa.gov/opportunities/docs/policy_210800.pdf