Private Equity Sr. Portfolio Manager III MSRP

State Of Maryland

Not Interested
Bookmark
Report This Job

profile Job Location:

Baltimore, MD - USA

profile Yearly Salary: $ 181764 - 272647
Posted on: 06-11-2025
Vacancies: 1 Vacancy

Job Summary

Introduction

The Maryland State Retirement and Pension System (SRPS) administers benefits for over 497000 members including active employees retirees and vested participants across 12 retirement systemssupporting the financial security of Marylands public servants.

Located in Baltimores Central Business District SRPS offers a purpose-driven workplace with modern amenities including panoramic city and harbor views renovated common areas upgraded elevators and an on-site café.

Employees enjoy comprehensive state benefits including; medical dental prescription coverage generous paid leave participation in the state pension system and supplemental retirement savings options (401(k) 457(b) and more). Additional perks include an on-site fitness center with showers and lockers 24/7 building security and easy access to restaurants shops public transit and major highways.

If youre seeking a career with impact stability and a supportive environment explore opportunities with MSRPS.

The Maryland State Retirement Agency is seeking an exceptional individual to serve as Senior Portfolio Manager in its Investment Division. The Senior Portfolio Manager reports directly to the Managing Director Private Equity and will work collaboratively with the Private Equity Team to support the overall investment program. The Senior Portfolio Manager will primarily focus on the co-investment segment across the Systems private market addition the individual will have primary relationship responsibility for several Private Equity general partners. The individual will assist in the overall management of the Private Equity portfolio and training of junior staff. This position will require travel which will likely include international travel.

The Agencys Investment team drives results through creative problem solving working together to manage a global multi-asset portfolio and to provide a secure base of assets to pay the current and future benefits for the underlying retirees and beneficiaries. The Investment Division is committed to providing a work environment that offers the investment team members a complete understanding of the institutional investment process rewarding career paths and a diverse and inclusive workplace that embraces both analytical and creative thinkers.

This is a Special Appointment position and serves at the pleasure of the Appointing Authority.

GRADE

MSRP 0013

LOCATION OF POSITION

120 East Baltimore Street

Baltimore Maryland 21202

Main Purpose of Job

The Sr. Portfolio Manager III SRPS is responsible for leading the monitoring and due diligence efforts across one or more asset classes actively sourcing and evaluating investment opportunities and driving the investment recommendation process. This position responsibilities includes spearheading quantitative modeling research projects and conducting in-depth market analysis to inform tactical positioning strategies aimed at outperforming benchmarks. Additionally the role contributes to internal management initiatives supporting broader organizational goals.

POSITION DUTIES

Position duties include:
  • Source opportunities; perform investment due diligence; coordinate the legal review process; and monitor the performance of the co-investment portfolio.
  • Provide detailed analysis of investments in individual companies across a wide range of sectors and geographies in a very short timeframe.
  • Evaluate pace of investment of thirty to fifty opportunities per year resulting in ten to twenty investments.
  • Primary relationship responsibility for several Private Equity general partners. Perform regular reviews and evaluations of managers participate in meetings with prospective managers; assist with due diligence on new investments; assist in the process of reviewing and negotiating fund documentation.
  • Assist with the overall management of the Private Equity Portfolio.
  • Assist with the development of junior staff.
  • Perform ad-hoc projects and analysis as needed

MINIMUM QUALIFICATIONS

Education:Graduation from an accredited four-year college or university with a bachelors degree.

Experience:Ten years of professional investment experience in evaluating co-investments and recommending private market investments.

DESIRED OR PREFERRED QUALIFICATIONS

Preferred candidates will possess the following qualifications:
  • CFA and/or CAIA FRM designation
  • Advanced degrees in Math Science Economics Finance Business Administration Public Administration or similar fields of study.
  • Experience evaluating buyout growth and venture capital general partners.
  • Experience evaluating direct co-investment opportunities
Desirable software skills:Expert level in Microsoft Excel (including tasks automation skillset); Word and PowerPoint; Expert Bloomberg (including PORT and AIM); Aladdin user. Familiarity with econometric models used for term structure and prepayment speeds analysis. Experience with Yieldbook Intex Trepp Tradeweb MarketAxess R Python VBA.

SELECTION PROCESS

Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment. All information concerning your qualifications must be submitted by the closing will not consider information submitted after this date.

Due to the confidential nature of the work selected candidates must undergo and pass a background check.

EXAMINATION PROCESS

The assessment may consist of a rating of your education training and experience related to the requirements of the is important that you provide complete and accurate information on your report all experience and education that is related to this position.

For education obtained outside the U.S. a copy of the equivalent American education as determined by a foreign credential evaluation service must be provided prior to hire.

BENEFITS

FURTHER INSTRUCTIONS

The online application process is STRONGLY preferred. If you are unable to apply online you may mail a paper application and supplemental questionnaire to:
Maryland State Retirement and Pension Systems
Human Resources Section
120 E. Baltimore Street
Baltimore MD 21202

For questions regarding this recruitment please contact the Maryland State Retirement and Pension Systems Human Resources Section: Shanera Johnson-Randolph
PLEASE DO NOT SUBMIT UNSOLICITED DOCUMENTATION.
The resulting certified eligible list for this recruitment may be used for similar positions in this or other State agencies.
TTY Users: call via Maryland Relay

As an equal opportunity employer Maryland is committed to recruiting retaining and promoting employees who are reflective of the States diversity.
People with disabilities and bilingual candidates are encouraged to apply.
We thank our Veterans for their service to our country.

Required Experience:

Manager

IntroductionThe Maryland State Retirement and Pension System (SRPS) administers benefits for over 497000 members including active employees retirees and vested participants across 12 retirement systemssupporting the financial security of Marylands public servants.Located in Baltimores Central Busine...
View more view more

Key Skills

  • Project / Program Management
  • Project Portfolio Management
  • Portfolio Management
  • Credit Analysis
  • Banking
  • Pricing
  • Analysis Skills
  • Project Management
  • Financial Analysis
  • Budgeting
  • Property Management
  • Contracts

About Company

Company Logo

Open Maryland

View Profile View Profile