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:

– Senior Professional

Base Description:

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

Level Summary:

– Demonstrates advanced knowledge of principles, practices, and procedures of a particular field. Works independently on moderately complex work assignments under limited oversight, reviews progress, and evaluates results. Monitors work and projects ensuring timeliness, quality, and efficiency. Identifies and mobilizes resources to achieve outcomes. Trains others and reviews progress with management. Presents ideas, concepts, and instructions in a clear and persuasive manner. Develops new techniques, concepts, and approaches and applies them to moderately complex and 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:

– May validate and pay invoices
– Monitors and tracks budgets and funding

Problem Solving:

– Encounters moderately complex problems
– Applies specialized knowledge and skills to resolve problems
– Understands benefits, limitations, and impact of potential solutions

Independence of Action:

– Works independently on moderately complex work assignments, reviews progress, and evaluates results
– May set priorities and organize work within general guidelines established by supervisor
– May review the work of others to verify accuracy and conformance to required procedures and special instructions

Communication and Collaboration:

– Communicates internally within working unit and the University
– Communicates with external audiences for scheduling/coordination
– May communicate with external audiences for business purposes
– Coaches others in using appropriate strategies for resolving conflict; negotiating reasonable compromises; and proposing and evaluating possible solutions
– Give candid and constructive feedback to others to influence and persuade managers and employees to accept and implement findings and recommendations

• Comp Grade – 16
• Minimum – $123,200.00
• MidPoint – $157,100.00
• Maximum – $191,000.00