Careers
All non-exempt positions are posted, and must be applied for, on the State Personnel Website which can be found here.
Employees of PERA are covered by the State of NM Benefits package. Information on benefits available to our employees can be found here.
When positions are open at PERA a description and link to the job advertisement will be posted below. If PERA has an opening for a governor-exempt position, the information will be posted below as well.
Investment Associate or Portfolio Manager
- Time management and organizational skills to promote organizational efficiency through high professional standards.
Self-starter with the initiative and drive to learn while doing. 3
- Ability to assist in monitoring, analysis, and research for a complex portfolio of external liquid and illiquid investment strategies.
- Ability to assist in due diligence of new and existing investment managers and strategies.
- Ability to assist in implementation and execution of portfolio, strategy, and investment-specific recommendations.
- Ability to assist in preparing investment recommendations based on strategic asset allocation decisions.
- Ability to cross-collaborate with the operations team, custody bank, and various consultants to assist in validating monthly and quarterly performance and risk reporting.
- Ability to review prospective deals for co-investment, either directly or through a commingled structure.
- Ability to act as lead project manager on research and operational projects on an ad-hoc basis.
- Strong communication skills that allow for frequent correspondence with investment managers, external service providers, and industry experts to formulate market opinions, identify investment opportunities, and gauge investment trends.
- Team-player skills that allow for contribution to ongoing process improvements.
- Ability to present informational and educational items to the Investment Committee and Board.
- Networking skills that will allow for the establishment of professional relationships with institutional investor peers and with tenured industry professionals at professional seminars and conferences.
- Prior experience conducting investment manager research, sourcing, and due diligence in an institutional investment setting (pension fund, endowment, asset management, etc.) is preferred
- A Bachelor’s Degree; Applicable education includes investment management, business administration, accounting, financial management, economics, mathematics, statistics, or related field. An understanding of financial theory and statistical measures
- MBA or related master’s degree is preferred
- Progress toward Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), or related designations is preferred
- The position is based in Santa Fe, NM
- Remote work is allowed 2-3 days per week; candidate must live in the State of New Mexico, per Governor mandated order.
- Periodic travel
- This is an exempt, at-will position.
- Salary range is $ 80,000 - 150,000.