Managing Director, Emerging Managers, Durable Capital, and Govern
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Job Location:
Baltimore, MD - USA
Yearly Salary:
$ 232143 - 371429
Posted on:
18 hours ago
Vacancies:
1 Vacancy
Job Summary
Introduction
The Maryland State Retirement and Pension System (MSRPS)administersbenefits for over 397000 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 MSRPS offers a purpose-driven workplace with modern amenities including panoramic city and harbor views renovatedcommon areas upgraded elevators and an on-site café.
Employees enjoy comprehensive state benefitsincludingmedical dental prescription coverage generous paid leave participation in the state pension system and supplemental retirement savings options (401(k) 457(b) and more).Additionalperksinclude an on-site fitness center with showers and lockers 24/7 building security and easy access to restaurants shops public transit and major highways.
Ifyoureseeking a career with impact stability and a supportive environment explore opportunities with MSRPS.
GRADE
MSRP 0002
LOCATION OF POSITION
120 East Baltimore Street
Baltimore Maryland 21202
Main Purpose of Job
The Maryland State Retirement & Pension System (SRPS) is seeking a Managing Director EDGE (Emerging Managers Durable Capital & Governance Excellence) to provide senior leadership for an integrated platform covering the Terra Maria Emerging Manager Program ESG and Corporate Governance (including proxy voting) and investment-related compliance. Reporting directly to the Chief Investment Officer this role is a senior leadership position within the Investment Division and serves as a trusted advisor to the CIO Executive Director and Board.
POSITION DUTIES
This position responsibilities include:
- Direct manage and monitor using best practices in portfolio management construction and reporting tools efficient implementation of investment objectives for EDGE program. Establish priorities frameworks and performance expectations aligned with the Systems fiduciary mission and total-portfolio objectives. Serve as a senior advisor to the CIO on governance stewardship innovation compliance and long-term investment risk. Oversee program implementation and provide thought leadership and guidance on investment strategies portfolios programs and policies within approved risk guidelines. Thought leadership includes identifying emerging trends developing forward-thinking investment approaches and ensuring alignment with the Systems long-term goals and objectives. Coordinate inclusion of multi asset class research analysis and information into investment decision making capital planning and risk management in collaboration with other division leaders.
- Provides high-level oversight and direction to EDGE staff to implement and comply with investment policy; implement investment strategies directed by the CIO. Designs and implements appropriate investment techniques to ensure long-term fund sustainability. Provides executive-level leadership guidance and oversight for managers and team members within EDGE in alignment with the total funds objectives and consistent with the MSRPSs value and culture. Identifies potential areas of compliance vulnerability and risk develops / implements corrective action plans for resolution and provides guidance on mitigation of similar situations in the future.
- Participates in the selection of investment professionals and encourages a diverse workforce that promotes an environment that supports MSRPS cultural values. Oversees strategic relationship management functions with fund administrators and custodians investment and finance industry forums and pension industry forums.
- Execute on Investment Division and enterprise level initiatives and priorities. Represent the Investment Division on cross-enterprise leadership groups project teams and working groups which align with meeting enterprise strategic business planning objectives.
- Work closely with the Systems Board Executive Office and stakeholders as and when needed. Create and present complex investment positions to the Board of Trustees Investment Committee and other bodies. Represent the Investment Division the CIO or MSRA at external forums conferences stakeholder groups or federal/state legislative bodies.
MINIMUM QUALIFICATIONS
Education: Bachelors degree from an accredited college or university.
Experience:Eight years experience operating in a fiduciary board-governed environment eight years experience overseeing or reviewing a large diversified investment portfolio or investment program Eight years of broad and extensive management experience at a major financial institution asset owner investment firm or governmental agency including supervisory experience over professional staff.
DESIRED OR PREFERRED QUALIFICATIONS
Please note that your answers to the supplemental questionnaire must correspond to the information provided on your application to receive credit.
- Senior leadership experience at a public pension fund sovereign wealth fund endowment or large institutional allocator.
- Experience with emerging manager programs DEI ESG integration corporate governance proxy voting or investment compliance.
- Demonstrated credibility working with boards regulators and senior stakeholders.
- Deep understanding of rules laws and regulations governing US public pension funds.
- Strong judgment integrity and ability to manage complex high-visibility issues.
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 date. We will not consider information submitted after this date.
Resumes are strongly encouraged please upload along with application.
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. . For further information you may call International Consultants of Delaware Inc. or World Education Services Inc.or .
BENEFITS
As an employee of the State of Maryland you will have access to outstanding benefits including: health insurance dental and vision plans offered at a low cost.
- Personal Leave - new State employees are awarded six (6) personnel days annually (prorated based on start date).
- Annual Leave - ten (10) days of accumulated annual leave per year.
- Sick Leave - fifteen (15) days of accumulated sick leave per year.
- Parental Leave - up to sixty (60) days of paid parental leave upon the birth or adoption of a child.
- Holidays - State employees also celebrate at least thirteen (13) holidays per year.
- Pension - State employees earn credit towards a retirement pension.
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
Email: Shanera Johnson at
PLEASE DO NOT SUBMIT UNSOLICITED DOCUMENTATION
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.
TTY Users: call via Maryland Relay
Required Experience:
Director
Key Skills
- Business Development
- Expense Management
- Financial Acumen
- Management Experience
- Profit & Loss
- Acquisitions
- Investment Banking
- Relationship Management
- Social Media Management
- Financial Modeling
- Customer relationship management
- Leadership Experience
