Ers Pension Investment Analyst I, Ii, And III

The City of Milwaukee is proud to employ a workforcededicated to delivering exceptional service to its residents. If you arepassionate about being part of an inclusive team of public servants pleaseconsider the following opportunity.

Under the direction of the Employes Retirement System (ERS)Deputy Chief Investment Officer the Pension Investment Analyst conducts duediligence on investment managers and monitors performance and compliance forthe ERSs $6.5 billion investment portfolio.

IMPORTANT NOTE:The position may be filled at the levelof Investments and Financial Services Specialist (2IX) Pension InvestmentAnalyst I (PR 2PX) Pension Investment Analyst II (PR 2QX) or PensionInvestment Analyst III (PR 2RX) depending upon the qualifications of thecandidate and the needs of the Employes Retirement System (ERS).Eligiblecandidates who successfully complete the selection process will be placed onthe highest-level eligible list for which they qualify.

Fund Research Analysis and Recommendations

• For each investment manager conduct due diligence and monitor and examine their performance holdings risk level and guideline compliance.
• Review and evaluate performance develop appropriate recommendations and prepare reports.
• Conduct investment management with due diligence in person and attend institutional investment-specific training and conferences.

Portfolio Performance and Initiatives ResearchAnalysis and Recommendations

• Analyze the investment portfolio portfolio strategy and potential changes to the strategy.
• Analyze individual investment managers and/or asset classes such as equity fixed income real estate hedge funds and private equity.
• Advise the Deputy Chief Investment Officer and Chief Investment Officer and assist in answering inquiries and requests of the ERS Board Investment Committee or other organizations.
• Ensure that the ERS management and the ERS Annuity and Pension Board are provided with the necessary information and analysis for their investment-related decision-making.
• Prepare reports for management the ERS Annuity and Pension Board and its committees regarding investment matters investment research results and special projects.
• Execute and manage special projects related to the investment portfolio.
• Prepare quantitative analysis with respect to investment-related issues.

Investment-Related Transactions Coordination andImplementation

• Provide financial analytical support for the payment of fees and the financial accounting and budgeting of investments.
• Work with the Custodian to monitor cash balances coordinate rebalancing transactions and reconcile investment manager quarterly statements.

• Travel outside the City of Milwaukee for investment manager due diligence job-related training presentations and conferences; overnight travel up to 10% of the year required.

Investments and Financial Services Specialist

1. Bachelors degree in finance economics or a closely related field from an accredited college or university attained or expected by June 2027.
2. One of the following must be demonstrated on your application or through the supplemental questionnaire

• At least three college classes must be related to investments.
• Chartered Financial Analyst (CFA) Level I Candidate.

For the Investment and Financial Services Specialist underrequirement two equivalent combination of education and experience may beconsidered. For example an internship in the investment field could besubstituted for up to two investment related classes.

Note: Students with senior status may apply for thisposition but may not be appointed until their degree has been completed.

Pension Investment Analyst I-II-III

All Three Levels

degree in financeeconomics accounting or a closely related field from an accredited college oruniversity.

Pension Investment Analyst I

years of progressivelyresponsible experience performing duties related to analyzing investments financialand quantitative information and preparing written summary reports of findings.

Pension Investment Analyst II

years of progressivelyresponsible experience performing duties related to analyzing investmentsfinancial and quantitative information and preparing written summary reportsof findings.

3. Successfulcompletion of Level 1 of the Chartered Financial Analyst (CFA) Program at thetime of appointment.

Pension Investment Analyst III

years of progressivelyresponsible experience performing duties related to analyzing investmentsfinancial and quantitative information and preparing written summary reportsof findings.

3. Successfulcompletion of Level 2 of the Chartered Financial Analyst (CFA) Program at thetime of appointment.

Equivalent combination of education and experience maybeconsidered. However there is no substitution allowed for the CharteredFinancial Analyst (CFA) Program requirements.

NOTICE:Please do not include your academic transcriptswith your employment application. The hiring department will verify candidateseducation as part of the background screening process prior to extending anyjob offers.

• Chartered Financial Analyst (CFA) Designation or progression toward earning the CFA Charter.
• Experience developing and preparing written summaries of investment findings.
• Experience utilizing spreadsheets and presentation software.

Investment and Financial Services Specialist

Technical Critical Thinking and Professionalism andCommunication and Interpersonal

• Knowledge of portfolio management theory.
• Knowledge of mathematical principles and the ability to make accurate calculations.
• Skill in managing large and complex quantities of data and information.
• Proficiency using spreadsheets word processing and presentation software.
• Ability to read and interpret statistical reports.
• Ability to work independently accurately and within time constraints.
• Ability to solve and manage problems independently.
• Ability to think critically and analytically to problem-solve make decisions and use sound judgment.
• Ability to work effectively under pressure and tight time constraints to produce a high-quality product.
• Ability to perform work with a high degree of accuracy and be highly organized.
• Integrity and the ability to maintain complete confidentiality.
• Ability to exhibit exemplary professionalism.
• Ability to be a responsible steward of City resources.
• Verbal communication skills to positively represent the department to individuals and groups both large and small.
• Ability to work cooperatively and effectively with people whose backgrounds may differ from ones own.
• Written communication skills; ability to produce clear and concise reports data analysis letters and memos.

ERS Pension Investment Analyst I-II-III

Technical

• Knowledge of portfolio management theory and financial controls.
• Knowledge of investment vehicles and investment processes.
• Knowledge of investment accounting and investment systems at a basic level.
• Ability to read and interpret statistical and actuarial reports.
• Knowledge of investment-related analytical and performance monitoring systems.
• Knowledge of mathematical principles and the ability to make accurate calculations.
• Skill in managing large and complex quantities of data and information.
• Proficiency using spreadsheets word processing and presentation software.

Critical Thinking and Professionalism

• Ability to work independently accurately and within time constraints.
• Ability to solve and manage problems independently.
• Ability to think critically and analytically to problem-solve make decisions and use sound judgment.
• Ability to work effectively under pressure and tight time constraints to produce a high-quality product.
• Ability to perform work with a high degree of accuracy and be highly organized.
• Integrity and the ability to maintain complete confidentiality.
• Ability to exhibit exemplary professionalism.
• Ability to be a responsible steward of City resources.

Communication and Interpersonal

• Ability to effectively communicate complex investment concepts both verbally and in writing.
• Verbal communication skills to positively represent the department to individuals and groups both large and small.
• Ability to prepare executive summaries and other written communications for senior management and the Board of Trustees.
• Ability to work cooperatively and effectively with people whose backgrounds may differ from ones own.
• Written communication skills; ability to produce clear and concise reports data analysis letters and memos.

Investments and Financial Services Specialist (Pay Range 2IX):

• The current salary range is $68244-$89460 annually and the salary range for City of Milwaukee residents is $70974-$93038 annually.