Our Ability Jobs

Working Title: Investment Analyst, Junior - Investment Operations

Job Class: Investment Analyst, Junior

Agency: Investment Board

• Job ID : 76398

• Location : St. Paul

• Telework Eligible : Yes - Up to 3 days per week

• Full/Part Time : Full-Time

• Regular/Temporary : Unlimited

• Who May Apply : Open to all qualified job seekers

• Date Posted : 05/07/2024

• Closing Date : 05/21/2024

• Hiring Agency/Seniority Unit : Investment Board

• Division/Unit : State Board Of Investment(SBI) / Accounting

• Work Shift/Work Hours : Day Shift

• Days of Work : Monday - Friday

• Travel Required : No

• Salary Range: $36.70 - $49.51 / hourly; $76,629 - $103,376 / annually

• Classified Status : Unclassified

• Bargaining Unit/Union : 221 - Excluded All Others/Unrep

• FLSA Status : Exempt - Administrative

• Designated in Connect 700 Program for Applicants with Disabilities (https://mn.gov/mmb/careers/diverse-workforce/people-with-disabilities/connect700/) : No

*SBI currently utilizes a hybrid model, with a minimum of two anchor days in office per week. This is subject to change at the discretion of the SBI Executive Director.

The work you'll do is more than just a job.

At the State of Minnesota, employees play a critical role in developing policies, providing essential services, and working to improve the well-being and quality of life for all Minnesotans. The State of Minnesota is committed to equity and inclusion, and invests in employees by providing benefits, support resources, and training and development opportunities.

This posting will be used to fill multiple vacancies.

The Investment Analyst, Junior – Investment Operations will work across the SBI’s Financial Services and Operations team, performing functions centering on investment reconciliations, money movements, and investment reporting. The successful candidate(s) will work with senior Financial Services and Operations staff to ensure that reporting and analysis of the daily net asset value (NAV), daily unit price, money movements, and back- and mid-office investment functions are completed in a timely and accurate manner.

Minimum Qualifications

• Bachelor’s degree in accounting, finance, or a closely related field.

• Two years of investment accounting or investment operations experience.

• Excellent organizational skills and ability to handle and prioritize multiple tasks.

• Ability to effectively communicate orally and in written form with a wide variety of professionals and various levels of an organization.

• Strong attention to detail and emphasis on producing a high-quality work product.

• Advanced knowledge and experience with Microsoft Excel.

• Willingness to pursue the CFA Institute Investment Foundations Certificate.

Preferred Qualifications

• Four years of investment accounting or investment operations experience.

• Experience working for a public pension fund or private financial services institution.

• Experience with foreign market opening and tax documents.

• Experience in accounting for alternative investments.

• Experience in accounting for derivatives.

• Experience with complex allocation calculations.

Additional Requirements

It is the policy of the State Board of Investment that all employees submit to a background investigation prior to employment. The background check may consist of the following components:

• SEMA4 Records Check (applies to current and past State employees only)

• Criminal History Check

• Employment Reference Check

• Social Security and Address Verification

• Education Verification

• Driver's License Check

The State Board of Investment will not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.

AN EQUAL OPPORTUNITY EMPLOYER

Minnesota State Colleges and Universities is an Equal Opportunity employer/educator committed to the principles of diversity. We prohibit discrimination against qualified individuals based on their race, sex, color, creed, religion, age, national origin, disability, protected veteran status, marital status, status with regard to public assistance, sexual orientation, gender identity, gender expression, or membership in a local commission as defined by law. As an affirmative action employer, we actively seek and encourage applications from women, minorities, persons with disabilities, and individuals with protected veteran status.

Reasonable accommodations will be made to all qualified applicants with disabilities. If you are an individual with a disability who needs assistance or cannot access the online job application system, please contact the job information line at 651-259-3637 or email careers@state.mn.us . Please indicate what assistance is needed.