We serve Utah public employees with retirement and insurance benefits in a partnership of trust with a commitment to value, innovation, and excellence. URS has two divisions. The Retirement Office administers pension benefits and retirement savings plans. Public Employees Health Program (PEHP), a division of Utah Retirement Systems, is a nonprofit trust with the vital job of providing health benefits to Utah’s public employees and their families. We serve only the public sector — the State of Utah, its counties, cities, school districts, and other public agencies.
URS Investments Department
The Investments Team is strongly rooted in collaboration and every individual is an integral part of the team. The team is responsible for implementing the investment program of the URS Defined Benefit plan with long-term sustainability of the portfolio in mind. The team manages investments internally and partners with external investment firms to manage a globally diversified portfolio. The teams’ efforts have a strong emphasis on Absolute Return, Real Assets, and Private Equity investments.
Defined Benefit assets are approximately $32 billion. The team also supports the $5 billion Defined Contribution program. Each member of the investments team is expected to be dedicated to the mission of the organization and safe-guarding the future of Utah’s public employee’s retirement benefits.
What we are looking for
The URS Investments Team is seeking a Senior Investment Analyst with experience conducting due diligence on Private Equity funds.
The successful candidate will possess a high degree of intellectual curiosity, a passion for analysis (both qualitative and quantitative), and have a strong interest in investment strategy, manager, and fund selection.
Collaborates with the Investment Team in the ongoing monitoring, evaluation, and selection of external investment managers. May perform similar functions related to joint venture or direct investments. Provides research, analysis, and recommendations to Senior Investment Professionals on risk, performance, and portfolio fit. Gathers data for Risk Management Systems. Provides support for decisions regarding asset allocation, Board communication, and reporting.
ESSENTIAL JOB FUNCTIONS AND DUTIES
A Bachelor’s Degree and a minimum of three (3) years of directly related professional experience in financial theory and statistical measures is required; or an equivalent combination of education and experience. Prior experience conducting investment manager research and due diligence is required.
Applicable degrees include; investment management, business administration, accounting, financial management, economics, mathematics, statistics, physics, chemistry, law, humanities, or related field.
Progress toward Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), or other related designations is preferred.
Investment research experience in an institutional investment setting (pension, endowment, foundation, insurance company, consultant to institutional investors, etc.) is preferred.
MBA or related Master’s Degree is preferred.
Knowledge, Skills, and Abilities
This list contains knowledge, skills, and abilities that are typically associated with the job. It is not all-inclusive and may vary from position to position:
Required technical skills include the ability of:
Required mathematical skills include ability of:
Required investments knowledge of:
Must possess excellent communication skills:
Must have the ability to:
The incumbent must always demonstrate judgment, high integrity, and personal values consistent with the values of URS.
As a requirement of this position, the employee will submit to the URS Investment Compliance Officer a record of trade confirmations or monthly transaction summaries, as they become available, of all security transactions (excluding mutual funds), in any account under the employee’s control and direction, or under the control and direction of the employee’s spouse.
Incumbent performs in a typical office setting with appropriate climate controls. Tasks require a variety of physical activities which do not generally involve muscular strain, but do require activities related to walking, standing, stooping, sitting, reaching, talking, hearing and seeing. Common eye, hand, finger dexterity required to perform essential functions.
Job duties require extensive travel for office business. Individual must be physically capable of safely operating a vehicle, possess a valid license and have an acceptable driving record based upon data provided by a current Department of Motor Vehicle Record (MVR).