Penn State Job Catalog

Additional levels that exist for this job profile can be seen below.

The Investment Manager is responsible for developing strategies for managing a significant portfolio of investments, including meeting with fund managers, preparing and reporting on the analysis of investments and investment strategies, working with the University’s investment advisors; assists in the analysis of a variety of treasury activities including internal investment activity, external investments, banking relationships, cash management, and external relations; assists in the development of funding and investment strategies for University and unit assets.

• Manage sourcing activities for investment funds (both endowed and non-endowed) including professional networking, strategy evaluation, manager interviews and due diligence
• Develop/implement risk-based asset allocation model and performance analytics to prepare recommendations for senior management, University investment advisors, and Board of Trustees
• Manage multi-billion dollar investment funds; establish performance goals, allocate resources, and assess policies in order to make recommendations to senior management, University investment advisors, and Board of Trustees
• Prepare and analyze investment reports for senior management and Board committee use
• Monitor/evaluate portfolios by communicating with external managers, developing manager reports, as well as assessing manager roles and their adherence to the fund investment strategy(is)
• Investigate potential portfolio additions/reallocations that optimize the management of risk and long-term return of identified investment goals
• May hire, supervise, train, and evaluate assigned staff. Supervise and coordinate activities of consultant/staff in sourcing, due diligence, monitoring and reporting

Level:

– Intermediate Professional

Base Description:

– Completes activities, tasks, and/or projects of a functional nature.

Level Summary:

– Demonstrates ability to perform intermediate tasks in defined skill areas. Demonstrates intermediate knowledge of internal procedures. Works under general supervision, performing assignments that may be varied and sometimes difficult. Supports team decisions and follows through with team responsibilities. Interprets and communicates information clearly and accurately. Demonstrates intermediate problem–solving skills.

Supervisory Responsibilities:

– May serve as direct supervisor for part–time, student, and/or temporary workers or volunteers

Fiscal Responsibilities:

– May validate and pay invoices

Problem Solving:

– Encounters generally routine problems; occasionally faces more complex and/or varied problems
– Typically follows recommended course of action and procedures to resolve problems
– Applies knowledge of larger unit goals, priorities, and related procedures in determining course of action

Independence of Action:

– Work is generally monitored by supervisor
– Detailed instructions and procedures are generally provided
– Uses available guidelines to make appropriate adaptations to routine situations and refers other situations to supervisor

Communication and Collaboration:

– Communicates internally within working unit and/or the University
– May communicate with external audiences
– Collaborates closely with team members
– Interprets and communicates information, ideas and instructions clearly and accurately both verbally and in written materials intended for distribution

• Comp Grade – 13
• Minimum – $86,300.00
• MidPoint – $107,900.00
• Maximum – $129,500.00