ATAW99-2023-02485-Investment Intern-Cheyenne

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　　ATAW99-2023-02485-Investment Intern-Cheyenne

　　Salary

　　$20.00 Hourly

　　Location

　　Cheyenne, WY

　　Job Type

　　Temporary

　　Job Number

　　2023-02485

　　Department

　　072-Wyoming Retirement System

　　Opening Date

　　01/08/2024

　　Description

　　Benefits

　　Questions

　　Description and Functions

　　Open Until Filled

　　GENERAL DESCRIPTION:

　　The Wyoming Retirement System ("WRS") provides expert administration and responsible investment of Wyoming's public retirement and supplemental savings programs. Through WRS, the state's public employers can offer cost-effective retirement benefits that attract and retain highly qualified professionals.

　　WRS has grown to include over 78,000 non-federal public employees in the State of Wyoming. Currently, the combined value of the plans managed by the investment staff is approximately $10 billion, and those investments are divided among equity (both private and public), fixed income, and alternative investment, including real estate and hedge funds. WRS is administered by an 11-member Board, which hires an Executive Director to oversee a staff of about 45 employees. The Board has delegated all investment decisions to investment staff. Based on actuarial assumptions adopted by the Board, it is estimated that the portfolio must generate a compounded annual rate of return of 6.80% to provide the assets needed to meet benefit obligations.

　　This summer program is open to undergraduate and graduate-level students, preferably during the summer prior to graduation. WRS is looking for students with an outstanding record of academic achievement and an interest in the financial markets. Educational major or discipline is not as critical. The Investment Intern(s) will be responsible for conducting research and analysis in support of the investment strategy objectives of assigned investment classes. This position will work with the Chief Investment Officer ("CIO"), Senior Investment Officers ("SIOs"), Investment Officer and Investment Analysts to manage WRS' investments and asset classes. Each intern will assist in the coverage of one or more of the following asset class categories: equity, fixed income, and alternative investments. If there is a permanent Investment Analyst position available at WRS upon graduation, an investment intern will be well-positioned for an offer.

　　Human Resource Contact: Debbie Russi / 307-777-6737 /[email protected]

　　ESSENTIAL FUNCTIONS: The listed functions are illustrative only and are not intended to describe every function which may be performed at the job level.

　　Provide analysis and evaluate current and prospective investment managers

　　Perform statistical and fundamental analysis on assigned asset classes

　　Monitor processes to ensure compliance with industry best practices

　　Develop detailed reports or presentations in response to ad hoc project requests of the investment team, Executive Director and WRS Board

　　Maintain communications with investment funds and external stakeholders regarding the investment process

　　Assist with coverage and identification of opportunities and strategy development for assigned asset/sub-asset classes

　　Conduct thorough analysis and due diligence, and produce quantifiable recommendations supported by this research

　　Qualifications

　　PREFERENCES:

　　Preference may be given to those pursuing a Bachelor's or Master's Degree preferably in Finance, Economics, Engineering or other related field with an Undergraduate/Graduate GPA: 3.6 or greater (overall or in relevant major).

　　Preference may be given to those who have an understanding of macroeconomics and its influence on investment markets and valuations.

　　Preference may be given to those with general investment knowledge related to equities, fixed income, and alternatives.

　　Preference may be given to those with knowledge of Bloomberg, FactSet, or other financial software.

　　Preference may be given to those with knowledge of financial and organizational analysis.

　　KNOWLEDGE:

　　Required:

　　Ability to work with minimal direction and supervision

　　Strong problem-solving skills and quantitative acumen

　　Excellent verbal and written communication skills

　　Proficiency in Microsoft Excel, PowerPoint, and Word

　　Strong interpersonal relationship skills, including the ability to build relationships

　　Preferred:

　　Understanding of macroeconomics and its influence on investment markets and valuations

　　General investment knowledge related to equities, fixed income, and alternatives.

　　Knowledge of Bloomberg or other financial software.

　　Knowledge of financial and organizational analysis.

　　MINIMUM QUALIFICATIONS:

　　None - See "Preferences"

　　Necessary Special Requirements

　　PHYSICAL WORKING CONDITIONS:

　　This position takes place in an office work environment. NOTES:

　　Please upload a cover letter with your application.

　　FLSA: Non-Exempt

　　This position is classified as an AWEC (At-Will Employee Contract).

　　This is an agency-funded temporary contract position that is At-Will.

　　Some business-related travel might be required.

　　Candidate must be authorized to work in the U.S.

　　Hiring will be contingent upon the successful passage of a background check.

　　Supplemental Information

　　072-Wyoming Retirement System

　　Visit our websitehere (https://ai.wyo.gov/divisions/human-resources/consultative-services/compensation/pay-tables-salary-averages) . For additional questions contact [email protected]

　　Clickhere (https://ai.wyo.gov/divisions/human-resources/consultative-services/compensation/pay-tables-salary-averages) 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.

　　Non Benefit Position