Investment Analyst 2025-02205

The State of Wyoming is hiring an Investment Analyst to join a small investment team managing approximately $12 billion in pension assets. The role involves conducting investment research, supporting senior staff, and collaborating on projects. Candidates will analyze investment managers, maintain databases, and assist in performance monitoring. The position offers significant benefits, including performance compensation, no state income tax, and vacation days. The job is located in Laramie, WY.
Description And Functions

Open Until Filled

General Description

This position provides an opportunity to work with a high-performing, small investment team overseeing approximately $12 billion in externally managed pension assets. The seven-person investment team has full investment discretion, with internal approval from the Executive Director, allowing for nimble action and decision-making on investment opportunities. The portfolio has generated top decile returns over the past 1, 2, 5, 7, and 10-year periods. Given the small size of the team, each member of the investment staff has a meaningful opportunity to shape portfolio outcomes. While team members have a primary area of focus within one or more of the broad asset classes (Fixed Income, Marketable Alternatives, Private Equity, and Public Equity), each individual also has the opportunity to provide insights and opinions across the entire portfolio.

This position is responsible for conducting investment research and analysis to execute the investment strategy objectives of assigned investment classes. It will primarily support the senior staff of the assigned asset class, collaborate on special projects as requested by the Chief Investment Officer (CIO), and work with other Investment Analysts. The role requires utilizing industry-standard software to research potential investments and monitor existing money managers.

Employment with the State of Wyoming offers outstanding benefits, including but not limited to:
• This position is eligible for performance compensation of up to 35% of base salary, depending on total portfolio return relative to the benchmark.
• No state income tax
• Participation in both the state pension plan and Social Security
• Voluntary deferred compensation plan
• Twelve vacation days per year (increasing with tenure) and twelve days of sick leave
• Potential relocation assistance

Human Resource Contact: Ryan Scheer, ryan.scheer2@wyo.gov, 307-777-8570

ESSENTIAL FUNCTIONS: The listed functions are illustrative only and are not intended to describe every function that may be performed in the job level.
• Provide analysis and evaluate current and prospective investment managers.
• Read and evaluate reports from research companies to maintain knowledge of market trends and gain insight into managers' strategies.
• Maintain databases associated with assigned Investment classes.
• Reconcile and verify reported performance metrics of assigned asset classes.
• Conduct on-site investment manager visits with WRS Investment Officers and attend pertinent industry conferences.
• Assist the Senior Investment Team on annual manager review, monitoring of investment performance, and risk monitoring of the assigned asset class.
• Develop detailed reports and presentations in response to ad hoc project requests required to execute the Investment Department's mission.
• Maintain communications with investment funds and external stakeholders regarding the investment process.
• Work with Investment Officers to conduct due diligence on existing and prospective managers of the system.
• Produce independent, quantifiable recommendations supported by this research.
• Collect data associated with the investment portfolio for use in various industry software programs and platforms.
• Evaluate and interpret data, monitor for errors, and conduct thorough reconciliations.
• Assist in the review of legal documentation pertaining to investment managers and other third parties.
• Coordinate with both internal and external parties as needed for portfolio performance, exposures, and risk analysis.
• Provide operational support, including but not limited to the opening of new manager accounts, aiding and tracking the movement of capital, and ensuring portfolio adherence to compliance guidelines.

Qualifications

PREFERENCES/**AGENCY REQUIREMENTS:
• Resume outlining relevant experience and skills
• Cover letter (1-2 pages) where the candidate narrates brief examples of their related experience and skills for this position
• References

Knowledge
• Knowledge of the financial markets, investment strategies, fund structures, and the institutional fund universe
• Proficiency in Excel is required
• Strong quantitative/analytical aptitude and problem-solving skills
• Excellent verbal and written communication skills

Education

MINIMUM QUALIFICATIONS:

Bachelor's Degree (typically in Finance)

Experience

0 - 3 years of progressive or relevant work experience (typically in Finance) with acquired knowledge at the level of an Investment Analyst

Certificates, Licenses, Registrations

Must be willing to pursue the Chartered Financial Analyst (CFA) certification and/or an MBA (or Master's Degree or higher in a related field of study) and/or Chartered Alternative Investment Analyst (CAIA) certification

Necessary Special Requirements

Physical Working Conditions
• Typically, the employee may sit comfortably to perform the work; however, there may be some walking, standing, bending, carrying light items, driving an automobile, etc.
• Special physical demands are not required to perform the work.
• Some travel will be required for board meetings, conferences, and due diligence trips.

Notes
• FLSA: Exempt
• This position is At-Will and is appointed by and serves at the pleasure of the CIO.
• This position is eligible for performance compensation (WY Stat
• 9-3-406) of up to 35% of base salary, depending on total portfolio return relative to the benchmark.
• Hiring will be contingent upon the successful passage of a background check.

Supplemental Information

Visit our website https://retirement.wyo.gov/

Click here to view the State of Wyoming Classification and Pay Structure.

URL: http://agency.governmentjobs.com/wyoming/default.cfm

The State of Wyoming is an Equal Opportunity Employer and actively supports the ADA and reasonably accommodates qualified applicants with disabilities.

Class Specifications are subject to change, please refer to the A & I HRD Website to ensure that you have the most recent version.

Working for the State of Wyoming means more than a job — it’s a stable, rewarding career that lets you make a difference while enjoying a great quality of life.

Employees Enjoy
• Comprehensive health coverage – medical, dental, and vision plans for you and your family
• Voluntary Benefits – including life insurance for you and family members, ambulance, pet insurance, short/long-term disability, flex spending and health savings accounts
• Multiple retirement options – including the Wyoming Retirement System and a 457B account, helping you plan for long-term financial security
• Generous paid leave and flexible schedules – vacation, sick leave, paid FMLA and 11 paid holidays each year
• Public Service Loan Forgiveness eligibility – for those with qualifying student loans
• Training and professional development – to support your career growth and advancement
• Employee Assistance Program – Includes paid short-term counseling, legal, financial and work-life benefits and select employee discounts
• Wellness Program – Earn paid time off and incentives by focusing on your personal health

Know your full value.

Your paycheck is only part of the picture. The State of Wyoming offers a Total Compensation Calculator that shows the full value of your salary plus benefits, so you can clearly see what your complete compensation package looks like.

Explore your total compensation: https://compensationcalculator.wyo.gov/

WORKING FOR THE GREATEST STATE IN THE NATION - Wyoming offers a lifestyle you can’t find anywhere else — wide-open spaces, clean air, friendly communities, year-round recreation, and no state income tax.

Click here for detailed information or you can watch this short video to learn about our benefit package!.

01

(AA) Which of the following best describes your highest completed level of education to date or within the next three (3) months? (Transcripts may be required.)
• High School Diploma/GED/or Equivalent
• Some college Coursework, No Degree Received
• Associate's Degree
• Associate's Degree and additional coursework
• Bachelor's Degree
• Bachelor's Degree and additional coursework
• Master's Degree
• Master's Degree and additional coursework
• Doctorate Degree
• Doctorate Degree and additional coursework
• None of the Above

02

(AA) Which of the following Quarter/Semester credit hours best describes your completed college education to date or within the next three (3) months? (Transcripts may be required.)
• 45+ Quarter hours/30+ Semester hours
• 90+ Quarter hours/60+ Semester hours
• 136+ Quarter hours/91+ Semester hours
• 180+ Quarter hours/120+ Semester hours
• 225+ Quarter hours/150+Semester hours
• N/A

03

(AWIN01) Which of the following best describes your work experience in Investment: Experience Definition: (This experience includes, but may not be limited to the following: experience with investment research and analysis, asset allocation, portfolio management or similar investing experience.)
• No relevant experience
• Less than one (1) year of relevant experience
• One (1) to three (3) years of relevant experience
• Four (4) or more years of relevant experience

04

(AA) Describe your relevant experience below.

05

(AWIN01) Are you willing to pursue the Chartered Financial Analyst (CFA) certification and/or an MBA (or Master's Degree or higher in a related field of study) and/or Chartered Alternative Investment Analyst (CAIA) certification?
• Yes
• No

06

Have you attached a cover letter and resume? This is required for your application to be complete.
• Yes
• No

07

Please provide your overall college GPA and your major-specific GPA.

08

Please enter test scores (i.e. ACT, SAT, GRE, etc.) in the box below.

09

(A1) Where did you hear about this opportunity?
• Government Jobs @ www.governmentjobs.com/careers/wyoming
• Indeed
• LinkedIn
• Zip Recruiter
• Wyoming Workforce Center
• Other job sites (Wyoming at Work, Monster, etc.)
• Social Media (Facebook, Twitter, etc.)
• Newspaper/Newsletter Advertisement
• Career Fair
• Human Resources Division
• Friend or Acquaintance (Not State Employee)
• Current State Employee
• Other

10

(A1) If you selected "Current State Employee" please provide the employee's first and last name, and include the department they work for, if known. Please limit this response to only one employee. This employee may be eligible for a Referral Bonus.

11

(A1) If you selected Other, please tell us where you heard about this opportunity.

12

(AA) VETERANS' PREFERENCE DISCLOSURE: PER WYOMING STATUTE, current employees of the State of Wyoming are not eligible for veterans' preference. If you are not a current employee of the State of Wyoming, to be eligible to receive veterans' preference you MUST have been a resident of the State of Wyoming for a period of one (1) year or more at any time prior to submitting this application. I have read and understand the veterans' preference disclosure.
• Yes
• No
• I am not a veteran

13

(AA) VETERANS' PREFERENCE: If you are a war veteran as defined in section 101, Title 38, United States Code or are the surviving spouse of a war veteran who receives survivor benefits from the federal government based on the veteran's military service, and wish to claim veterans' preference, please attach the appropriate documentation substantiating your claim. Indicate below your appropriate veterans' preference status. By requesting veterans' preference, you are certifying that you meet the statutory requirements as described in the above disclosure.
• Current State Employee
• Veteran - DD214 Attached
• Disabled Veteran (10% or more) - DD214 and Veteran's Disability Determination Attached
• Surviving Spouse of a Deceased Veteran - DD214 and proof of Survivor Benefit Attached
• None of the above

14
• Please be advised that an incomplete application WILL NOT be considered for employment. An attached resume' is not required and is not an acceptable substitution for a completed application. Some State of Wyoming agencies use E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities at https://www.uscis.gov/e-verify. I have read and understand the above statement.
• Yes
• No
• Required Question