SENIOR INVESTMENT OFFICER (Spfld) - 7682600

Job Summary

Under the direction of the Deputy Chief Investment Officer, the Senior Investment Officer assists in leading, coordinating and managing investments within the Teachers’ Retirement System Global Income Strategies portfolio.

This role requires a comprehensive understanding of overarching investment principles, with a specific focus on areas such as private credit, low duration, core and core plus, emerging market debt, and global multi-sector credit investments. The incumbent should excel in functioning under pressure. The individual holds accountability for overseeing the entire asset class portfolio, including $16.4 billion in assets, with $3 billion of those assets being allocated to diverse and emerging managers. Additionally, the responsibilities encompass assigning and assessing the work of direct reports, conducting annual performance evaluations, and implementing corrective measures when needed, as well as addressing employee concerns and feedback with a thoughtful approach.

The incumbent must be able to work effectively with senior Investments staff and the System’s Board of Trustees, conduct thorough analysis and due diligence on current and prospective investment opportunities, and produce quantifiable portfolio recommendations supported by this research. Superior oral and written communication skills are essential.

Essential Functions

• Research the investment performance and portfolio characteristics of existing and prospective investment management relationships and asset class structures.
• Evaluate performance and portfolio characteristics to ensure compliance with the directives of the TRS Board of Trustees regarding investment objectives and constraints.
• Assist the Deputy Chief Investment Officer in preparing analyses, evaluations, and proposals for investments in new potential investment managers and structures.
• Evaluate the qualifications of prospective investment management relationships in accordance with investment policy, asset allocation directives and mix, diversification strategies and guidelines controlling risk/return characteristics for the private credit portfolio.
• Prepare statistical and narrative reports regarding the investment portfolios within the Global Income Strategies asset class, market factors, alternative investment prospects, and investment industry practices.
• Lead and manage many of the operational functions of the existing global income portfolio.

(Essential Functions continued)

• Coordinate the work of other asset class personnel, consultants, and the back-office to effectively manage all contractual and operational functions within the Global Income Strategies asset class.
• Proactively research investment approaches, asset mixes, and portfolio management techniques to provide potential incremental return to TRS’s individual assets and at the total fund level.
• Negotiate and interact at the highest level with outside managers and entities in cooperation with departmental leadership.
• Provide leadership and support within TRS internal oversight committees utilizing investment acumen broadly across the entire TRS investment portfolio.
• Represent TRS on partnership advisory panels and at industry conferences.
• Manage internal review documentation and provide logistical leadership for the relevant oversight committee and/or investment committee.
• Assist investment personnel within the emerging managers group in preparing analyses, due diligence, evaluations, and proposals for administering emerging manager investment activity.
• Continue professional development, as prudent.
• Perform other duties as assigned or required.

Knowledge, Skills, and Abilities

• Ability to positively represent the organization with external constituents
• Builds and manages effective teams
• Develops and delivers effective presentations
• Demonstrated analytical skills
• Maintains a high degree of professionalism

Minimum Requirements

• Bachelor’s degree in finance, accounting, economics, business administration, or related field
• Minimum of five (5) years of investment experience, preferably with demonstrated growth responsibilities working with global income investments.
• Preferred Chartered Financial Analyst (CFA) charter or credible progress toward earning the CFA designation