Job Class Search

Job Details

APERS INVESTMENT OPERATIONS MANAGER

The Arkansas Public Employees Retirement System (APERS) Investment Operations Manager is responsible for directing all operational activities within the Investment Division. This position is

Class Code:

N159N

Job Grade:

GS12

Special Job Requirements:

0

Typical Functions:

Directs the activities of a professional and administrative support staff, including establishing work plans and staff assignments, interviewing and recommending applicants for hire, resolving difficult or complex problems, as well as evaluating employee performance. Plans and directs section activities by establishing goals, objectives, and short term and long term plans to ensure consistency with overall agency goals. Monitors trade activities of investment managers for compliance with investment guidelines. Develops and maintains relationships with investment managers, consultants, and the custodian bank in an attempt to facilitate portfolio monitoring and trade activity. Performs portfolio analysis and performance attribution on a monthly, quarterly and annual basis; monitors asset allocation to ensure fund is within target percentages. Conducts research on various investment vehicles for investment suitability purposes. Reviews guidelines for investment managers to ensure compliance with all regulations. Organizes board meetings, investment manager reviews, and the annual investment retreat. Reviews, analyzes, and prepares reports designed to reflect statistical and other aspects of the retirement system’s investment portfolio status, and prepares special reports for use in planning by the retirement system management and the board of trustees. Prepares investment manager fee projections for the board of trustees as well as professional service contracts for all investment managers and professional consultants. Performs other duties as assigned.

Knowledge, Abilities, and Skills:

Knowledge of computers and software application programs. Knowledge of security types on a global scale within the securities industry. Knowledge of federal and state policies that regulate public funds transactions. Knowledge of the principles and practices of finance, accounting and economics. Ability to analyze securities and prepare reports. Ability to analyze information and recommend appropriate action. Ability to interpret and apply laws, policies and procedures to specific situations. Ability to analyze financial reports, market conditions, and investment opportunities. Ability to monitor subordinate supervisory level personnel engaged in investment functions. Ability to monitor and evaluate the effectiveness and compliance of investment operations. Ability to provide detailed technical assistance to numerous personnel pertaining to investment operations, including managerial level individuals and general staff employees.

Minimum Qualifications:

The formal education equivalent of a bachelor’s degree in business administration, accounting, finance or a related field; plus two years of experience in the area of investments, including two years in a supervisory capacity.

Required Certificates:

Must be licensed as a Certified Public Accountant by the Arkansas State Board of Public Accountancy in accordance with ACA 17-12-301 or Certified Financial Analyst by an accredited program.

Exempt:

E
Scroll to Top