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:

– Advanced Professional

Base Description:

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

Level Summary:

– Demonstrates proficient and comprehensive knowledge of defined skill areas/applications. Applies knowledge of principles, practices, and procedures of a particular field to decision-making and problem–solving. Works under minimum supervision on varied and sometimes difficult work assignments, conferring with supervisor or subject matter experts on unusual matters. May lead others or a team in completion of complex assignments. Interprets and communicates information clearly, accurately, and persuasively. Researches and tries new approaches when solving difficult or novel problems.

Supervisory Responsibilities:

– Indirect supervisor or mentor for other full–time employees
– May serve as direct supervisor for part–time, student, and/or temporary workers, volunteers, or a full–time employee

Fiscal Responsibilities:

– May validate and pay invoices
– May monitor/track budgets and funding

Problem Solving:

– Encounters generally routine problems with progressively more complex and/or varied problems
– Typically follows recommended course of action and procedures to resolve problems
– May apply specialized knowledge and skills to resolve complex and/or varied problems, with supervisor oversight
– Researches and tries new approaches when solving problems

Independence of Action:

– Works with minimal supervision on more difficult work assignments, conferring with supervisor on unusual matters
– Follows precedents and procedures
– May set priorities and organize work within general guidelines established by supervisor

Communication and Collaboration:

– Communicates internally and externally within working unit and the University
– May communicate with external audiences for business purposes
– Promotes open communication in a manner that builds relationships among team members
– Applies appropriate strategies for managing conflict; negotiate reasonable compromises; propose and evaluate possible solutions
– Interprets and communicates information, ideas and instructions clearly, accurately and persuasively both verbally and in written materials intended for distribution

• Comp Grade – 15
• Minimum – $109,300.00
• MidPoint – $136,600.00
• Maximum – $164,000.00