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:

– Principal Professional

Base Description:

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

Level Summary:

– Displays mastery of defined skill areas/applications, principles, theories and practices. Evaluates and enhances existing practices. Recognizes emerging trends in area of expertise. Works independently on complex or strategic assignments. Directs and delegates appropriate tasks to others. Implements strategies to ensure achievement of initiatives. Prepares written and/or verbal presentations or proposals on complex issues and deliver to broad audiences. Identifies and implements innovative solutions to important, highly complex strategic and/or operational issues.

Supervisory Responsibilities:

– Indirect supervisor 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:

– Validates and pays invoices
– Monitors and tracks budgets and funding
– May plan and forecast budgets

Problem Solving:

– Encounters complex and novel problems
– Applies policies, practices, specialized knowledge, and skills to resolve problems
– Understands benefits, limitations, and impact of potential solutions
– Anticipates potential problems and recommends possible solutions within general guidelines

Independence of Action:

– Works independently on complex or strategic assignments
– Uses existing practices as guidelines as well as working knowledge to determine specific work methods
– Carries out work activities independently, with supervisor available to resolve problems
– Reviews work of others to verify technical soundness

Communication and Collaboration:

– Communicates with both internal and external audiences
– Collaborates closely with team members and area leads across the University
– Prepares written and/or verbal presentations or proposals on complex issues and delivers to a broad variety of audiences
– Establishes and maintains networks to facilitate successful communication among units

• Comp Grade – 19
• Minimum – $187,500.00
• MidPoint – $239,000.00
• Maximum – $290,600.00