Skip to Main Content

Sr. Investment Compliance Analyst

Recruitment #25-005028-0001

Go Back View Benefits

Introduction

The Maryland State Retirement Agency (the “Agency”) is the administrator of the Maryland State Retirement and Pension System (the “System”).  The System is a multi-employer, public employees’ benefit retirement system composed of twelve (12) separate retirement and pension systems with additional plan components, covering approximately 205,000 active members and more than 175,000 retirees and beneficiaries. 

The Agency is seeking an investment compliance professional to serve as Senior Compliance Analyst in the Investment Division.  The Senior Compliance Analyst reports directly to the Senior Compliance Manager. Under the direction of the Senior Compliance Manager, the Senior Compliance Analyst will assist in monitoring external and internal investment managers for ongoing due diligence and investment guideline compliance monitoring, administration of the ethics, conflicts of interest, material non-public information and personal trading policies, regulatory monitoring and reporting, and policy development.

The Agency’s Investment team drives results through creative problem solving, working together to manage a global multi-asset portfolio and to provide a secure base of assets to pay the current and future benefits for the underlying retirees and beneficiaries.  The Investment Division is committed to providing a work environment that offers the investment team members a complete understanding of the institutional investment process, rewarding career paths, and a diverse and inclusive workplace that embraces both analytical and creative thinkers.

This is a Management Service position and serves at the pleasure of the Appointing Authority.


GRADE

MSRP 0016

LOCATION OF POSITION

120 E. Baltimore Street, Baltimore, MD 21202

Main Purpose of Job

Ensures that the integrity of the established investment compliance framework is maintained, policies and procedures are implemented as intended, and an awareness of rules, laws, regulations and the necessity for compliance exists.

Serves as an independent reviewer and evaluator to ensure that compliance issues / concerns are being appropriately monitored, evaluated, investigated, resolved and communicated.

Helps establishes overall compliance program goals, standards and controls to meet objectives.

POSITION DUTIES

Monitors compliance with investment guidelines of external and internal investment managers for data points such as, but not limited to, permitted securities types, derivative usage, security classifications, allocations, index comparisons, sector weights, currency exposures, duration, proper authorization, limits and credit quality.  

Performs and reports on operational due diligence of external managers on any areas of concern or risk. 

Designs and implements testing methodologies in investment compliance monitoring applications. 

Assists in the administration of the Agency ethics, conflicts of interest, MNPI, and personal trading policies. 

Reviews employee activities for compliance with State ethics laws.

Reviews pre-clearance actions and trading activity by staff and reports on any violations.

Assists in monitoring and reporting for regulatory requirements. 

Assists in reviewing compliance with travel related rules, regulations and policies. 

Assists in compiling data for Public Information Act requests as it relates to investment data. 

Contribute to the development of and monitoring of compliance with policies and procedures for the Investment Division.

MINIMUM QUALIFICATIONS

Education: Graduation from an accredited four-year college or university with a bachelor’s degree.

Experience: Two plus years of successful employment in legal, compliance or audit roles, preferably in the investment, financial, banking, accounting or insurance industries.

DESIRED OR PREFERRED QUALIFICATIONS

Preferred Qualifications

Preference will be given to candidates with:

• Two plus years of experience performing investment compliance responsibilities 

• One plus years of experience with Bloomberg 

• Two plus years of experience with investment compliance monitoring systems 

• Advanced Microsoft Excel skills (pivot tables, complex formulas, large data sets) 

• Knowledge and understanding of security-type classifications, derivatives, indexes, and portfolio characteristics such as credit quality, duration, weights, and allocations. 

SELECTION PROCESS

Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment. All information concerning your qualifications must be submitted by the closing date. We will not consider information submitted after this date. Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the eligible (employment) list for at least one year.

EXAMINATION PROCESS

The assessment may consist of a rating of your education, training, and experience related to the requirements of the position. It is important that you provide complete and accurate information on your application. Please report all experience and education that is related to this position.

BENEFITS

FURTHER INSTRUCTIONS

Online applications are highly recommended. However, if you are unable to apply online, the paper application and supplemental questionnaire may be submitted to: Department of Budget and Management, Recruitment and Examination Division, 301 W. Preston St., Baltimore, MD 21201. Paper application materials must be received in our office by the closing date for the recruitment. No postmarks will be accepted.

For questions regarding this recruitment, please contact the DBM Recruitment and Examination Division at Application.Help@maryland.gov or 410-767-4850, MD TTY Relay Service 1-800-735-2258.

We thank our Veterans for their service to our country.

People with disabilities and bilingual candidates are encouraged to apply.

As an equal opportunity employer, Maryland is committed to recruitment, retaining and promoting employees who are reflective of the State's diversity.




Powered by JobAps