MoDOT & Patrol Employees’ Retirement System (MPERS) was established in 1955 to provide retirement and survivor benefits, disability benefits, and death benefits for members of MPERS. Members consist of employees from the Missouri Department of Transportation (MoDOT), Missouri State Highway Patrol (MSHP) and MPERS staff. Learn more about us at www.mpers.org.

General Summary

The investment officers will serve a key role in the management and supervision of the MPERS investment portfolio. The employees will assist in all aspects of manager due diligence including the day-to-day operations of the investment portfolio, performance measurement, asset allocation, consultant and custodial bank contact, in-depth financial analysis, and the preparation of educational and analytical reports. Work requires significant contact with administrative personnel, investment managers, professional investment organizations, and statewide organizations that are interested in the accumulation and dissemination of investment information as it relates to MPERS’ activities.

These positions will assist the chief investment officer (CIO), along with other members of the investment team, with the overall operation and implementation of asset allocation objectives and policies relating to the investment of all financial assets of the system.

Key Responsibilities

• Perform oversight activities of the system’s investment managers regarding investment style adherence, performance in relation to assigned benchmark, and overall management activities.
• Monitor fund commitments, co-investments, and direct investments across strategies and industries and maintain documentation files.
• Conduct and document due diligence visits with investment managers and report concerns/anomalies to the CIO.
• Meet with and review detailed proposals from professional investment firms. Provide feedback and/or recommendations to the CIO regarding the investment merit and potential fit for the investment portfolio
• Prepare materials for and participate in, internal meetings, due diligence meetings, and board meetings.
• Work with MPERS’ financial staff to provide auditors with requested documentation regarding the investment portfolio and ensure all independent audit reports from investment managers are received in a timely manner and reviewed appropriately.
• Develop and maintain relationships with industry participants including other limited partners, general partners, and industry thought leaders.
• Perform other work as assigned.
• Regular overnight travel required.

The successful candidates will have the following qualities:

• Unquestionable personal and professional integrity
• Self-motivation
• Exceptional attention to detail
• A track record of outstanding professional achievement
• Intellectual curiosity, humility, tenacity, and professional flexibility
• Ability to communicate effectively in-person, over the phone, and virtually
• A belief that great outcomes come from great teams; a demonstrated ability to collaborate well in a small, informal team environment
• Proven ability to prioritize projects and meet required deadlines
• Ability to make oral and written reports clear, concise, and effective

Required Qualifications

MPERS seeks to hire individuals who are highly motivated, have demonstrated excellence in prior endeavors, and have at least the following qualifications:

Analyst – Graduation from an accredited four-year college or university with major specialization in business, economics, finance, or a related field.

Officer – the above plus a minimum of two years of responsible experience in a professional or technical capacity in business, with an emphasis on duties in investments or finance.

Senior Officer – a minimum of four years of responsible experience in a professional or technical capacity in business, with an emphasis on duties in investments or finance. Preference will be gi Progress towards an advance professional designation (e.g. CFA, CAIA).

Preferred Qualifications

A post-graduate degree in a relevant field of study and/or advanced professional designation (e.g., CFA, CAIA)

For the senior investment officer, preference will be given to those who have prior experience working with fixed income, credit, and/or real asset portfolios.

If you are interested in applying for this position, please email your resume to Jennifer Johnson at jj@mpers.org.

MoDOT & Patrol Employees’ Retirement System (MPERS) was established in 1955 to provide retirement and survivor benefits, disability benefits, and death benefits for members of MPERS. Members consist of employees from the Missouri Department of Transportation (MoDOT), Missouri State Highway Patrol (MSHP) and MPERS staff. Learn more about us at www.mpers.org.

General Summary

The Investment Analyst or Investment Officer will assist in the day-to-day operations of the investment portfolio, including measuring performance, monitoring investment managers, working with consultants and custodial banks, and preparing of educational and analytical reports. Work requires considerable contact with administrative personnel, professional investment organizations, and statewide organizations that are interested in the accumulation and dissemination of investment information as it relates to MPERS’ activities.

This is an administrative and highly technical role within MPERS’ Investment Department. This position will assist the investment staff with the overall operation and implementation of policies related to the investment of financial assets of system. This is an in-office position (no remote work).

Key Responsibilities

• Coordinate, monitor, and supervise various activities with external firms providing custodial services to MPERS, which may include establishing new accounts, transferring funds, reconciling monthly valuations and performance of investment managers, coordinating capital calls from private equity and real estate partnerships, monitoring and calculating investment manager fees, and ensuring that any day-to-day problem or discrepancy is researched and resolved.
• Monitor fund commitments, co-investments, and direct investments across strategies and industries and maintain documentation files.
• Prepare materials for, and participate in, internal meetings, due diligence meetings, and board meetings.
• Work with MPERS’ financial staff to provide auditors with requested documentation regarding the investment portfolio and ensure all independent audit reports from investment managers are received in a timely manner and reviewed appropriately.
• Assist in the preparation of quarterly board meeting material.
• Develop and maintain relationships with industry participants including other limited partners, general partners, and industry thought leaders.
• Perform other work as assigned.
• Occasional overnight travel required.

The successful candidate will have the following qualities:

• Unquestionable personal and professional integrity
• Self-motivation
• Exceptional attention to detail
• Ability to problem solve independently but ask questions as appropriate
• A track record of outstanding professional achievement
• Intellectual curiosity, humility, tenacity, and professional flexibility
• A belief that great outcomes come from great teams; a demonstrated ability to collaborate well in a small, informal team environment
• Proven ability to prioritize projects and meet required deadlines
• Ability to make oral and written reports clearly, concisely and effectively

Required Qualifications

MPERS seeks to hire individuals who are highly motivated, have demonstrated excellence in prior endeavors, and have at least the following qualifications:

• A minimum of five years of responsible experience in a professional or technical capacity in business, with an emphasis on duties in investments or finance.
• Graduation from an accredited four-year college or university with major specialization in business, economics, finance, or a related field. A minimum of six credit hours in accounting coursework is required.

Preferred Qualifications

• A post-graduate degree or advanced professional designation (e.g., CFA, CAIA)

If you are interested in applying for this position, please email your resume to Jennifer Johnson at jj@mpers.org.