The ND Department of Trust Lands offers rewarding work and career development opportunities, a full range of employee benefits including a fully paid health insurance plan, paid leave, and a retirement plan.
The Investment Analyst is responsible for researching, analyzing, and evaluating investment managers, investments products and services and the results of the investment portfolio as a whole. This involves reviewing and evaluating investment performance and compliance with portfolio guidelines, monitoring and measuring portfolio risks, and providing agency management and the Land Board with the analysis and recommendations needed to make prudent investment decisions related to the management of investment assets under the Land Board's control.
Summary of Work
Perform initial and ongoing research and analysis to assist in selection and retention of investment managers, master custodian, and other agents to provide due diligence.
Monitor and evaluate investment manager performance and the performance of the portfolio with established parameters for investment type, return, and risk.
Perform qualitative and quantitative analysis of current and prospective investment opportunities.
Apply advanced statistical analysis on new investment opportunities and products using data acquired from various sources, test for relevance and consistency, and make appropriate recommendations to agency management and the Land Board.
Develop and maintain investment forecasts for funds requiring revenue projections.
Organize and participate in meetings with existing and prospective investment managers and maintain appropriate due diligence records of such interactions.
Prepare a variety of written, statistical, and financial reports to communicate the performance and status of the investment program to agency management, the Land Board, the legislature, other interested parties, and the general public.
Assist the Chief Investment Officer (CIO) with interpretation and implementation of new or revised federal and state laws.
Bachelor’s degree in accounting, business, economics, finance, or closely related field with three years of professional, progressively responsible work experience in fund investment analysis. Work experience must have included exposure to investment analysis processes which would provide familiarity with fund management, investment strategies, cash flow management, economic forecasting, investment vehicles, portfolio theory, and capital markets.
High degree of proficiency with Microsoft Word, Excel, Outlook, database management and investment-related software.
Excellent interpersonal, verbal, and written communication skills.
Preferred Qualifications Additional consideration will be given to candidates with work experience in:
Performing asset class and manager research across both traditional and alternative asset classes;
Evaluating and monitoring external investment managers to ensure adherence with established parameters for investment type, return and risk.
About ND Department of Trust Lands
The Department of Trust Lands is charged with managing the permanent educational trust funds and assets under the Board of University and School Lands’ control as outlined in the ND Constitution. State law also gives the Department the responsibility for managing several funds and mineral acres in addition to the trust assets, operating the state Unclaimed Property Division and the Energy Infrastructure and Impact Office.