Provides investment oversight, analysis and accounting support to the Executive Director / CIO and Deputy Director of Investments and Operations through the evaluation and assessment of investment portfolios, asset classes, investment managers and other investment programs, and through the development of policies, procedures and internal controls related to the accounting, processing and reconciliation of investment activity. Assists with the management of a complex portfolio of external private market investments. May be assigned to one or more specific investment strategies, asset classes and/or operations. Work involves performing fundamental and statistical investment research and analysis; assisting with the sourcing and due diligence of potential external investment opportunities; assisting with the management and day-to-day oversight of the external absolute return portfolio; preparing and presenting reports on investments; and developing and maintaining professional relationships and contacts within the investments industry. Works under moderate supervision with moderate latitude for the use of initiative and independent judgment.
Experience: Zero – two years of full-time professional investments or related experience. If no full-time professional experience, an internship is preferred. A Master’s degree in a related area may substitute for one year of the required experience.
Education: Bachelor’s degree from an accredited four-year college or university with major coursework in business administration, finance, accounting, math, or a related area.
Preferred Qualifications: • Two - three years of full-time professional investments or related experience. • Experience evaluating and selecting absolute return investments and general partners, including sourcing, conducting due diligence, and selecting and monitoring. • Experience in selecting and monitoring publicly traded investment opportunities and managers, including selecting, conducting due diligence, and on-going monitoring. • Certification as a Chartered Financial Analyst (CFA) or working towards a CFA, or certification as a Chartered Alternative Investments Analyst (CAIA) or working towards a CAIA.
About Fort Worth Employees' Retirement Fund
The Fort Worth Employees' Retirement Fund is the $2.3B defined benefit pension plan for all City of Fort Worth full time employees. The Fund serves over 6,500 active members and 4,400 retirees. The investment portfolio is professionally managed by external fund managers. Internal investment staff manages selection and monitoring of investment managers including equity, fixed income, hedge funds, private equity, real estate and real assets.