Address: 3010 E. Camelback Rd.
Phoenix AZ 85016

Salary: $130900 - $269500

**Anticipated Hiring Range $160000 - $240000**

*This recruitment is open to current PSPRS employees only.*

***This position may work remotely with some required in-office meeting requirements. Any travel associated with the in-office requirement will be at the employees expense.***

Grade: A

Closing Date: October 19 2025

Are you looking for a career where you can make a difference Would you like to be part of a culture that promotes learning and collaboration while helping employees with what they need to succeed and thrive If so Public Safety Personnel Retirement System (PSPRS) is looking for talented people who will help us achieve our goal of honoring the contributions and sacrifices of Arizonas public safety employees by providing outstanding service to those who protect and govern our state. At PSPRS we understand that it begins with outstanding talent. It all begins with you. Join our diverse and inclusive team where youll feel valued and inspired to contribute your unique skills and experience.

The mission of Public Safety Personnel Retirement System is to deliver unparalleled service in providing retirement benefits to Arizonas community of police officers firefighters corrections officers judicial and elected officials. PSPRS serves approximately 60000 active and retired public employees. We offer competitive pay and excellent benefits to those eager to serve our membership and mission. Interested applicants can visit to learn more about our agency.

JOB SUMMARY:

Arizonas Public Safety Personnel Retirement System (PSPRS) is looking for a Senior Portfolio Manager to work with the Alternative Assets team primarily in Private Equity and Private Credit. The Senior Portfolio Manager who reports directly to the Chief Investment Officer is in charge of monitoring all aspects of assigned accounts including working with external advisers and fund managers and representing the PSPRS Trust on appropriate Advisory Boards. The Senior Portfolio Manager is responsible for reviewing and selecting external funds direct investments (including listed securities) and co-investments in collaboration with analysts and external consultants as well as serving as the primary point of contact in legal talks. The Senior Portfolio Manager oversees the Trusts research operations within areas of responsibility and reports to the Board of Trustees on a regular basis. Arizona PSPRS Portfolio Managers are expected to have a multi-asset class mindset and to actively engage throughout the portfolio either formally or informally with other asset classes. As a result experience in and willingness to work in a wide range of asset types is necessary.

This position may offer the ability to work remotely based upon the departments business needs and continual meeting of expected performance measures.

The State of Arizona strives for a work culture that affords employees flexibility autonomy and trust. Across our many agencies boards and commissions many State employees participate in the States Remote Work Program and are able to work remotely in their homes in offices and in hoteling spaces. All work including remote work should be performed within Arizona unless an exception is properly authorized in advance.

• Partners with the Trusts Specialty Consultant(s) to review investment opportunities including fund commitments direct investments co-investments and other strategic and/or tactical positions and makes necessary recommendations to the CIO.
• Compile assemble and summarize various data metrics market information industry analysis economic analysis (macro-micro) concerning the current investments and prospective investments and present conclusions and recommendations in an accurate articulate and efficient fashion to Senior Staff and others as directed.
• Review qualitative and quantitative data regarding portfolio performance risk structure and operations.
• Identify key technical and fundamental trends within asset classes making appropriate recommendations to the CIO as needed.
• Review all external relationships on a quarterly basis informing the CIO of material developments.
• Assist the CIO in drafting investment policies specific to the Senior Portfolio Managers area(s) of focus.
• Prepare performance attribution reports.
  

Knowledge of:

• Best practices in investment manager due diligence and fund level research.
• Common trading strategies in liquid markets.
• Technical and fundamental value drivers within specific asset classes.

Skill in:

• Using quantitative analysis to assess an investment managers skill and value.
• Evaluating liquid and illiquid investment opportunities both directly and through fund managers.
• Risk analysis.

Ability to:

• Apply cross-asset class mindset to evaluate investment opportunities.
• Effectively communicate to different departments divisions and agency levels.
• Work effectively within both an independent and team environment.
• Prepare and present in group/public settings.
• Embrace technology and learn analytic skills to enhance decision making.
  

• Bachelors or advanced degree from an accredited college or university in finance economics business or related field.
• CFA CAIA CFM or other investment industry recognized certifications.
  
  

• Employment is contingent on the selected applicant passing a background investigation to include credit and criminal history.

All newly hired State employees are subject to and must successfully complete the Electronic Employment Eligibility Verification Program (E-Verify).

At PSPRS we promote the importance of work/life balance by offering workplace flexibility a learning environment and a team oriented culture. Among the many benefits of a career with PSPRS are 10 paid holidays per year accrual of sick and annual leave affordable medical benefits participation in the Arizona State Retirement Plan (after 6 months of employment) optional participation in a 457 deferred compensation program and employer matching on employee deferrals in the 457 plan (limited to a matching of 6% of salary on a per pay period basis).

By providing the option of a full-time or part-time remote work schedule employees enjoy improved work/life balance report higher job satisfaction and are more productive. Remote work is a management option and not an employee entitlement or right. An agency may terminate a remote work agreement at its discretion.

Learn more about the Paid Parental Leave pilot programhere. For a complete list of benefits provided by The State of Arizona please visit our benefits page

Positions in this classification are required to participate in the Arizona State Retirement System (ASRS). Please note that enrollment eligibility becomes effective after 27 weeks of employment.

If you have any questions please feel free to contact Andrew Goodwin at or for assistance.

The State of Arizona is an Equal Opportunity/Reasonable Accommodation Employer.

All newly hired employees will be subject to E-Verify Employment Eligibility Verification.

Persons with a disability may request a reasonable accommodation such as a sign language interpreter or an alternative format by contacting Andrew Goodwin at Requests should be made as early as possible to arrange the accommodation.