Investment portfolio manager, grade n29

About the Position

Please note: The salary range above represents this position’s earning potential. The anticipated hiring range for this position will be $101,622 to $165,323, based on the candidate’s qualifications and experience.

WHO WE ARE

The mission of the Montgomery County Investment Boards is to manage prudent investment programs for the Montgomery County Employee Retirement Plans and Consolidated Retiree Health Benefits Trust with assets of nearly $10 billion. The Investment Boards are responsible for establishing investment policies, overseeing asset allocation, evaluating and monitoring investment managers, and managing investment risk in fulfilment of their fiduciary responsibilities. MCIB invests across a broad range of public and private market strategies. Our investment team works closely with the Boards to conduct investment research and analysis, evaluate investment opportunities and managers, monitor portfolio performance and risk, and develop recommendations that support the long-term objectives of the plans.

WHO WE ARE LOOKING FOR

We are seeking a highly analytical investment professional with strong research, quantitative, and problem-solving skills to join the investment team. The successful candidate will have the ability to independently evaluate investment opportunities, managers, markets, and portfolio risks; synthesize complex financial and economic information; and translate analysis into clear, well-supported investment recommendations. The ideal candidate will be intellectually curious and comfortable using advanced analytical technologies, investment systems, data platforms, and software tools to conduct research, analyze portfolios, evaluate risk and performance, and improve investment decision-making. Strong written and verbal communication skills are essential, including the ability to present complex analyses clearly and respond effectively to questions from senior investment staff and the Boards.

What You'll Be Doing

• Conduct rigorous quantitative and qualitative research on investment managers, strategies, asset classes, financial markets, and portfolio risks to support investment decisions.
• Use advanced investment technologies, analytical software, data platforms, and other research tools to evaluate performance, risk, portfolio exposures, market conditions, and investment opportunities.
• Perform manager and investment due diligence, including performance and attribution analysis, benchmarking, risk/return assessment, and evaluation of investment strategies and organizations.
• Work across different asset classes in both public and private markets.
• Develop clear, data-supported investment recommendations and present findings to senior investment staff and, as appropriate, the Boards.
• Monitor existing investments and identify changes in performance, risk, markets, organizations, or strategies that warrant further analysis or action.
• Contribute to portfolio construction, asset allocation, risk management, investment policy, cash-flow analysis, and other portfolio-level projects.
• Prepare investment memoranda, analytical reports, presentations, and other materials that clearly communicate findings, assumptions, risks, and recommendations.
• Assist Executive Director/CIO and Senior Investment Officers on their investment-related projects and initiatives.
• May require national and/or international travel.

Individuals appointed to this position will be required to serve a probationary period of twelve (12) months during which time performance will be carefully evaluated. Continuance in the position will be contingent upon successful completion of the probationary period.

Minimum Qualifications

Experience: Thorough (five (5) years) of applicable professional experience, demonstrating advanced knowledge and competence in the financial, business administration, and/or investment administration fields.

Education: Graduation from an accredited college or university with a Bachelor’s Degree in Accounting, Economics, Business Administration, Finance, or related field. A Master’s Degree and CFA or CPA certification is preferred. Equivalency: An equivalent combination of education and experience may be substituted.

Financial Disclosure

This role requires the completion of a financial disclosure.

Preferred Criteria, Interview Preferences

All Applicants will be reviewed by the Office of Human Resources (OHR) for minimum qualifications. Preference for interviews will be given to applicants whose uploaded resume/curriculum vitae contains demonstrated experience and performance success in the following areas:

• Applicants with demonstrated experience conducting rigorous quantitative and qualitative investment research and translating the research into actionable investment recommendations.
• Applicants with demonstrated proficiency using investment analytics, financial databases, portfolio/risk systems, programming or data-analysis tools and other advanced technologies to conduct investment research and analysis.
• Applicants with experience performing investment manager due diligence, selection and monitoring.
• Applicants with experience in asset allocation and asset class research.
• Applicants who demonstrate the ability to communicate complex investment analyses clearly and persuasively, both orally and in writing.

Applicants selected for interviews may participate in a multi-round interview process. The final round may include an investment case study and presentation designed to assess analytical and research capabilities, use and interpretation of investment data, judgment, and communication skills. Candidates may be asked to analyze provided information, develop and present conclusions and/or recommendations, and respond to follow-up questions regarding their analysis, assumptions, and methodology.

IMPORTANT INFORMATION

The Office of Human Resources (OHR) reviews the minimum qualifications of all applicants, irrespective of whether the candidate has previously been found to have met the minimum requirements for the job or been temporarily promoted to the same position. This evaluation is based solely on the information contained in the application/resume submitted for this specific position.

Montgomery County Government(MCG) is an equal opportunity employer, committed to workforce diversity. Accordingly, as it relates to employment opportunities, the County will provide reasonable accommodations to applicants with disabilities, in accordance with the law. Applicants requiring reasonable accommodation for any part of the application and hiring process should email OHR at Hiring@montgomerycountymd.gov. Individual determinations on requests for reasonable accommodation will be made in accordance with all applicable laws. MCG also provides hiring preference to certain categories of veterans and veterans/persons with a disability. For more information and to claim employment preference, refer to the Careers webpage on Hiring Preference.

All applicants will respond to a series of questions related to their education, relevant experience, knowledge, skills, and abilities required to minimally perform the job. The applicant's responses in conjunction with their resume and all other information provided in the employment application process will be evaluated to determine the minimum qualifications and preferred criteria or interview preference status. Based on the results, the highest qualified applicants will be placed on an Eligible List and may be considered for an interview. Employees meeting minimum qualifications who are the same grade will be placed on the Eligible List as a "Lateral Transfer" candidate and may be considered for an interview. This will establish an Eligible List that may be used to fill both current and future vacancies.

If selected for consideration for this position, you may be required to provide evidence that you possess the knowledge, skills, and abilities indicated on your resume.

Montgomery County Ethics Law: Except as provided by law or regulation, the County's "Public Employees" (which does not include employees of the Sheriff's office) are subject to the County's ethics law including the requirements to obtain advanced approval of any outside employment and the prohibitions on certain outside employment. The outside employment requirements of the ethics law can be found at 19A-12 of the County Code. Additional information about outside employment can be obtained from the Ethics Commission website.