Investment Analyst-Quantitative Management
Company: Ohio Public Employees Retirement System
Posted on: July 15, 2019
Investment Analyst-Quantitative Management
# of openings
Job Title: Investment Analyst-Quantitative Management
Reports To: Senior Portfolio Manager-Quantitative Management
Department: Quantitative Management
Number of Openings: 1
Pay Range: $40.38 - $50.48 / hourly or $83,990.40 - $104,998.40 /
with opportunity to participate in the OPERS Incentive Compensation
FLSA Status: Exempt
Accepting Applications: 07/10/2019 – 07/31/2019
Accepting Applications Internally: Yes
Accepting Applications Externally: Yes
*Please read the OPERS Personal Trading Policy prior to applying.
All candidates must be able to abide by the policy in order to be
considered for employment.
SUMMARY: The Investment Analyst - Quantitative Management
researches enhancements to internally managed equity quantitative
factor, alternative risk premia, commodity, enhanced and global
beta/index-oriented portfolios. The analyst is involved in
assisting with the development and implementation of the daily
investment management decision-making processes for the portfolios.
They monitor portfolio exposures, derivatives use and portfolio
risks, as well as performs portfolio trading, rebalancing and
- Researches ideas and implements strategies for enhancing
returns in the commodity, currency, enhanced, tilt/active beta,
risk parity and equity beta/index-oriented portfolios within the
constraints of each portfolio's active risk budget.
- Employs quantitative tools, screening, multi-factor analysis or
other techniques to improve performance and/or manage the
volatility of portfolio returns.
- Designs and develops effective reports and analysis using
Excel, SQL and other tools to monitor and manage stock, currency,
derivatives exposure, risk and other portfolio characteristics for
daily investment decision making.
- Employs the use of derivatives where appropriate and permitted
to enhance returns, control risk, replicate beta exposure or manage
leverage. Such derivatives may include futures, forwards and index,
country, sector or single security swaps and other instruments used
to manage exposures to stocks, indices, sectors, countries and
other asset types.
- Monitors derivatives exposures and manages leverage of the
various portfolios and uses knowledge of risk management and
portfolio construction to optimize portfolio weights and to manage
and direct the trading and rolling of futures, swaps, forwards and
other derivatives instruments to assure the desired exposure and to
maintain the leverage within permitted ranges.
- Performs attribution analysis for assessing components of
portfolio returns related to stocks, cash and futures, swaps and
other derivatives and recommends modifications to portfolio
strategy to improve returns.
- Maintains expertise in the use of investment management
technology systems including those related to risk management,
portfolio optimization, order management, performance attribution
and SQL database management. This includes the evaluation and
monitoring of data sources for securities, derivatives and cash
holdings, as well as index provider feeds.
- Provide back-up for others in the Quantitative Management area
by maintaining working knowledge of the policies, guidelines,
analytics and procedures for the various portfolios in the
- Performs other duties as assigned.
KNOWLEDGE, SKILLS, AND ABILITIES TO PERFORM ESSENTIAL FUNCTIONS
- High school diploma or GED
- Bachelor's degree
- Strong organizational skills
- Ability to work independently with minimal direction
- Ability to react quickly in stressful situations
- Ability to troubleshoot and problem solve independently
- Strong written and verbal communication skills
- Leadership skills
- 3 years' experience in investments, quantitative analysis or
- Proficient in the use of SQL coding
- Highly proficient with MS Excel; Strong knowledge of MS Office
applications: MS Word; MS PowerPoint; Internet Explorer (browser
software) and MS Outlook
- FactSet, Barra Aegis, Bloomberg, Eagle
- Chartered Financial Analyst (CFA) (or progress towards
completion) strongly desired
- Within six months of hire, the candidate must meet the
eligibility requirements to be licensed as a State Retirement
System Investment Officer (SRSIO), which requires either:
1. Having achieved a passing scored on one of the following:
- Series 63 exam administered by the Financial Industry
Regulatory Authority (FINRA)
- Series 65
- Series 66
- Level One of the Chartered Financial Analyst designation,
2. Earning and being in good standing with the organization that
issues any of the following credentials:
- Chartered Financial Analyst
- Chartered Financial Consultant,
- Chartered Investment Counselor
- Certified Public Accountant with a personal financial
Physical Requirements* (if applicable)
- Reasonable accommodations may be made to enable individuals
with disability to perform the essential functions. If repetitive
physical movement is required to perform the essential functions of
the position, please discuss with HR.
DISCLAIMER: The above statements are not intended to be construed
as an exhaustive list of all duties, skills and responsibilities
required. The Ohio Public Employees Retirement System (OPERS) is an
Equal Opportunity Employer. All employment is decided on the basis
of qualifications, merit, and business need. Postings are typically
available for five business days. OPERS retains the right to
change, update, close and/or otherwise modify this job posting at
its discretion for any reason and at any time.
Keywords: Ohio Public Employees Retirement System, Columbus , Investment Analyst-Quantitative Management, Executive , Columbus, Ohio
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