Managing Director – Real Assets
Job Location:
Baltimore, MD - USA
Yearly Salary:
Posted on:
Vacancies:
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.
LOCATION OF POSITION
120 East Baltimore Street
Baltimore Maryland 21202
Main Purpose of Job
The Maryland State Retirement Agency is seekingan exceptional individual to serve as Managing Director of Real Assets withinits Investment Division. This positionis a management service position and serves at the pleasure of the AppointingAuthority. The Managing Director leads ateam of investment professionals responsible for meeting risk and returnobjectives and establishes investment strategy and program goals particularlyas they relate to real estate infrastructure and natural resources investments. Further the Managing Director developsstandards and controls to meet objectives;Recommends and assists with determining appropriate metrics andguidelines for evaluating investment performance; Provides direct leadership oversight andmanagement of professional investment staff external investment managers andconsultants; Ensures that the integrity of the established investment frameworkis maintained and that policies and procedures are followed including thefiduciary duty to assess risks associated with climate change and laborpractices; Provides guidance andrecommendations for allocation of assets within the areas of real estateinfrastructure and natural resources;Serves as an independent evaluator to ensure that investment concernsare appropriately monitored evaluated resolved and communicated; Collaborates with the CIO Deputy CIO andother Managing Directors to review and coordinate investment strategies acrossproducts; In collaboration with the riskmanagement team identify and map risks to a common set of risk factors in thecontext of the total portfolio; Gathersdata analyzes results and communicates performance results; Promotes a collaborative and holistic TotalPortfolio Approach across asset class teams to maximize investment outcomes inthe best interests of plan.
This positionis a management service position and serves at the pleasure of the AppointingAuthority.
POSITION DUTIES
MINIMUM QUALIFICATIONS
Education: Possession of a bachelors degree from an accredited four-yearcollege in Math Science Economics Finance Accounting BusinessAdministration Public Administration or similar fields of study.
Experience: Eight years of professional investment experience.
DESIRED OR PREFERRED QUALIFICATIONS
- Supervisory experience of one or more individuals
- CFA CAIA or FRMdesignation
- 10 years or more of progressive responsibility in investments related to real estate infrastructure and natural resources experience
- Experience working within a Total Portfolio Approach framework
- The candidate should also be knowledgeable regarding best practices to promote and maintain an equal employment opportunity work environment that is in compliance with applicable laws rules and regulations
SELECTION PROCESS
Resumes are required as part of your application.Please upload along with application.
BARGAINING UNIT STATUS
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: Nick Pindale 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
