Job Description

Full job description

Texas PSF - Investment Operations Analyst (00046919) Organization : Texas Permanent School Fund

Primary Location : Texas-Austin Work Locations : Texas Permanent School Fund 400 West 15th Street Austin 78702

Job : Business and Financial Operations

Employee Status : Regular

Schedule : Full-time Standard Hours Per Week : 40.00

Travel : Yes, 5 % of the Time

State Job Code : 706U

Salary Admin Plan : N/A

Grade : 00

Salary (Pay Basis) : 90,000.00 - 95,000.00 (Yearly)

Number of Openings : 1

Overtime Status : Exempt

Job Posting : Dec 10, 2024, 8:52:40 AM

Closing Date : Ongoing

Description

• 
  
  Salary is commensurate with experience.

About the Job
The Investment Operations Analyst supports the daily operations of TPSF investment teams and ensures the efficient processing and settlement of private and public investment deals by researching, compiling, analyzing, reconciling, and evaluating portfolio transactions; conducting research on portfolio capital changes, and preparing portfolio reports timely and accurately. In addition, the Investment Operations Analyst will interact with outside service providers and custodians to validate transactions and valuation data on daily and monthly basis for financial reporting and supports strategic projects and process reviews.

About the Corporation
The Texas Permanent School Fund Corporation (PSF) was created by Texas’ first Constitution in 1845 as a perpetual fund to support the state’s public schools and was initially seeded with $2 million. Since that time, the PSF Corporation has grown to comprise over $56 billion in assets and will distribute nearly $2.2 billion annually to Texas K-12 schools.

Key Responsibilities Include the Following

• Provide daily operations portfolio support, including analyzing assets, monitoring transaction flow, resolving investment data integrity for position and valuation issues, and analyzing/processing cash flows on traditional and alternative investment interests which may focus on co-investments and strategic partnerships.

• Maintain accurate internal investment records to verify portfolio activity and monthly performance reporting, this task involves validation and reconciliation of financial data with accuracy and timeliness on a daily, monthly, quarterly, and annual basis.

• Develop proficiency on internal and external applications/software and support the investment operations team in reporting daily and monthly transactions internally to portfolio managers and senior staff.

• Research and analyze investment financial data for portfolio managers and senior staff and prepare ad hoc reports as requested.

• Assist in the development/implementation of new procedures for changes within the asset class and perform other related duties as assigned, included but not limited to support other alternative asset classes and end of year organizational and administrative tasks.

Qualifications

Qualifications

• Graduation from an accredited college or university with a bachelor’s degree in finance, accounting, economics, mathematics, statistics, or related field.

• Experience in investment industry, data analysis, or investment accounting, this includes experience in investment operations and controls, financial reporting, investment valuation principles, and reconciling investment performance data with periodic deadlines.

Preferred Qualifications

• Experience with fund accounting for Separate Managed Accounts and alternative investments.

• Experience with Co-investments structures and strategic partners relationships.

• Experience in the use of Order Management Systems (OMS) and alternative investments platforms.

• Familiar with data integrity and data feeds from and to diverse platforms.

Knowledge/Skills/Abilities

• Knowledge of various asset classes.

• Proficient in Microsoft Office Suite or related software. Advance excel skills required.

• Excellent verbal and written communication skills.

• Excellent organizational skills and attention to detail.

• Excellent analytical and technical skills.

• Excellent and creative problem-solving skills.

• Proven expertise performing analytical or data-driven work.

• Knowledge of financial databases and related software applications.

We Offer

• Bonuses based on individual and fund performance.

• State-paid health and life insurance plans.

• Optional benefits, such as dental, vision, short- and long-term disability insurance, 401K and 457 plans and much more.

• State of Texas defined benefit plan.

• Paid holidays, annual leave, and sick leave.

How to Apply
This is an excellent opportunity to make a significant impact in the education sector by ensuring the responsible management of funds dedicated to supporting Texas schools. If you are a motivated and detail-oriented professional with a passion for financial integrity, we encourage you to apply for this position.

Contact Us
Any questions? Ask our HR Team! Email us today at [email protected]

The Texas Permanent School Fund is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, and disability.

Job Tags

Holiday work, Permanent employment, Full time, Temporary work,

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