Investment Analyst - Global Equity (Hybrid Work Schedule)

Title: Investment Analyst - Global Equity (Hybrid Work Schedule)

State Role Title: Investment Analyst - Global Equity (Hybrid Work Schedule)

Hiring Range: $75,289-$103,000 (based on job series, and commensurate with experience)

Pay Band: UG

Agency: Virginia Retirement System

Agency Website: varetire.org

Recruitment Type: General Public - G

Job Duties

The Virginia Retirement System (VRS) Investments Department, Global Equity, is seeking an analyst to assist with the management and oversight of the Total Global Equity investment portfolio. Please visit VRS’ website (www.varetire.org) for additional information on the agency and fund. The successful candidate will work with the VRS Investments team to perform various types of research and analysis, and will provide important decision-making support for senior team members. Additionally, the incumbent will be involved with special projects relating to the management of the overall VRS portfolio. This position requires independent thinking and excellent problem-solving skills, along with the ability to take directions and complete tasks in a logical and timely manner. A desire to work in an environment that includes changing and growing responsibilities is critical.

Essential duties and responsibilities include:
• Work with senior team members to evaluate complex investment strategies, modeling strategy exposures (individually and in aggregate), and monitor overall program exposures to ensure compliance with policy guidelines and objectives
• Assist team members with quantitative research and total program portfolio management
• Assist with the on-going assessment of current and future prospects of the various public equity sub-asset classes
• Additional responsibilities include various system design projects, data management activities and/or specific investment software tasks

Minimum Qualifications

• Bachelor's degree in finance, economics, statistics, business, mathematics or related field, required; a combination of education and experience may also be considered. *students graduating with a Bachelor’s degree in Spring 2025 may be considered*
• Significant understanding of financial markets
• A strong process mindset and interest in solving complex problems
• Ability to work well across various investment and investment support groups
• Excellent verbal and written communication skills
• Self-motivated, superb work ethic, attention to detail, team orientation, and commitment to excellence
• Ability to effectively communicate implications of analysis, as well as investment themes, to staff and VRS Management Committee
• Ability to prioritize items and meet deadlines
• Advanced level proficiency with Microsoft Office products, particularly Excel

Additional Considerations

• CFA or CAIA designation (or the ability to pursue/complete these advanced certifications)
• Knowledge of investment software in order to properly evaluate existing and potential investments (Bloomberg, eVestment, FactSet, Python, Power BI, Barra, etc.)
• Professional work experience in the investment industry including a strong understanding of qualitative and quantitative analytical techniques, for analyzing diverse sets of data and other information

Special Instructions

You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to “Your Application” in your account to check the status of your application for this position.

*VRS is unable to provide sponsorship, for this position*

This position follows the hybrid work model, currently requiring three days on-site and two days remote; the selected candidate must be able to work in the office any day of the week, as required by the manager.

Investment/Operational due diligence performed on external investment managers and other related entities will include both on-site and virtual visits; therefore, some out-of-state travel may be required.

VRS Investments provides additional incentive compensation opportunities which are available, subject to certain eligibility and performance criteria. Please direct any incentive compensation or bonus-specific questions to careers@varetire.org.

**Disclaimer** Applications of individuals who have applied for this position may be considered for vacant positions, within the same job series, if the qualifications for the vacant position are met.

Contact Information

Name: Human Resources

Email: careers@varetire.org

In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.

Note: Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.