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Commonwealth of Pennsylvania |
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POSITION DESCRIPTION FOR JOB POSTING |
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Position Number: 50516828 |
Description Activated On: 2/6/2026 2:11:51 PM |
Position Purpose: Describe the primary purpose of this position and how it contributes to the organization’s objectives. Example: Provides clerical and office support within the Division to ensure its operations are conducted efficiently and effectively. This position assists the Director, Strategy & Implementation by providing analytic support to the Investment Strategy team, Market Risk team, and Public Markets External Managers team |
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Description of Duties: Describe in detail the duties and responsibilities assigned to this position. Descriptions should include the major end result of the task. Example: Types correspondence, reports, and other various documents from handwritten drafts for review and signature of the supervisor. • Assist with the development and implementation of Investment Strategy o Help maintain and update Investment Strategy dashboard o Join debate on views and help drive consensus for views across asset classes and portfolios o Assist with recommending implementation vehicle/manager for these ideas: internal team, external manager; passive, active; physicals, synthetic o Help with approval for recommendations as applicable from AAC, AIC, and CIO o Help oversee externally managed public market investment portfolios as required o Support lead and asst portfolio manager for allocation designated as Opportunistic o Help facilitate activity related to evaluating and recommending adjustments to the Strategic Asset Allocation’s targets and ranges stipulated in the Board’s Investment Policy Statement • Assist the Market Risk team o Integrate Market Risk perspective and views in all strategy activities and decisions o Collaborate with Market Risk on measuring, modeling, and monitoring active risk (the various layers), active return (the various layers), total risk, drawdown risk, and liquidity risk o Collaborate with Market Risk on setting limits for active risk from asset allocation and from portfolio implementation, across the total fund and across the public markets book • Assist the Public Markets External Manager team o Perform ongoing monitoring of externally-managed public markets accounts (includes inviting Market Risk and Internal PMs to monitoring calls and meetings) o Assist in maintaining quantitative manager performance and exposure measurement tools o Help prepare presentation materials and investment memoranda, including watch list and tear sheets o Review quarterly and annual financial reports of public markets external managers o Assist with underwriting /due diligence on prospective new managers o Attend meetings with public markets external managers o Assist with sourcing prospective new managers |
Decision Making: Describe the types of decisions made by the incumbent of this position and the types of decisions referred to others. Identify the problems or issues that can be resolved at the level of this position, versus those that must be referred to the supervisor. Example: In response to a customer inquiry, this work involves researching the status of an activity and preparing a formal response for the supervisor’s signature. The employee will work closely with other Investment Professionals and work is performed with the expectation of an increasing degree of independence. Types/level of decision making will depend on the ability and experience of the employee as they learn the internal investment processes. |
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Requirements Profile: Identify any specific experience or requirements, such as a licensure, registration, or certification, which may be necessary to perform the functions of the position. Position-specific requirements should be consistent with a Special Requirement or other criteria identified in the classification specification covering this position. Example: Experience using Java; Professional Engineer License Experience: Licenses, registrations, or certifications: 1. N/A 2. N/A 3. N/A 4. N/A 5. N/A 6. N/A |
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Essential Functions: Provide a list of essential functions for this position. Example: Transports boxes weighing up to 60 pounds.
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