STRATEGIC LENDING INVESTMENT ANALYST - 69778

Executive Service

Who we are and what we do:

The Tennessee Department of Treasury impacts the lives of Tennesseans every day. Treasury is responsible for many of the financial operations of state government, including managing more than $125 billion in assets through its various investment programs. We administer the States Retirement Program, RetireReadyTN, which combines the state pension plan, Tennessee Consolidated Retirement System, and the States Deferred Compensation plan. Treasury serves all Tennesseans by helping to educate and empower individuals to make informed financial choices, and by providing public- serving programs in the areas of college savings, financial literacy, unclaimed property, criminal injuries compensation, and more. The Investments Division of the Tennessee Department of Treasury serves all the people of Tennessee by stewarding financial resources for many programs that help the Tennessee community from a teachers retirement to a Childs college fund, and beyond. We invite you to consider joining our diverse team of intellectually curious professionals, who embrace the unique value each of us brings to the group as we work together toward our shared goals. Joining our team offers competitive compensation, excellent health and wellness benefits, a top-ranked retirement plan, work-life balance and flexibility, a supportive place to grow in your profession, and a great city in which to live.

Job Overview:

The Tennessee Department of Treasury is seeking an Investment Analyst to support the Strategic Lending (alternative credit) investment program within the Tennessee Consolidated Retirement System (TCRS). This position offers an opportunity to work collaboratively with an experienced team of investment professionals in a growing and diverse asset class. The successful candidate will work in the Treasury's Nashville, Tennessee offices once pandemic restrictions are lifted. The Strategic Lending portfolio represents over $8 billion in net asset value as one of the three alternatives portfolios within the TCRS, and has a target allocation of 10% in the plan. The Strategic Lending team invests most of its assets with external investment managers that allocate to private credit, high yield bonds, bank loans, structured credit, among others. This position offers substantial opportunities to participate in a very dynamic part of the investment profession.

Key Responsibilities:

Maintain and utilize the alternative investment management system:

1. Manage and own data and documentation upload processes related to portfolio transactions, etc.
2. Generate a draft weekly report from the system.
3. Develop expertise in the system Support due diligence, selection, and closing of new strategic lending investments
4. Help to monitor existing investments and maintain relationships with current external investment managers.
5. Reconcile quarterly performance and annual investment costs for the portfolio Contribute to broader alternative investment portfolio discussions.
6. Contribute to the management of TCRS and other Treasury portfolios Occasional travel to annual meetings, conferences, onsite due diligence, and/or training.
7. This position will typically travel approximately 6 times per year for 1-4 days each.

Minimum Qualifications:

1. Graduation from a four-year college or university with a bachelors degree in an appropriate discipline.
2. Proficient Microsoft Excel skills High standards of personal and professional ethics Excellent communication skills (oral and written).
3. Team player with good interpersonal / relationship skills Energetic, inquisitive, analytical, self-reflective, and organized.
4. Willingness to work toward obtaining the Chartered Financial Analyst (CFA) and/or Chartered Alternative Investment Analyst (CAIA) professional designations.
5. Preferred Qualifications: 0 - 3 years of relevant experience.

Pursuant to the State of Tennessee's Workplace Discrimination and Harassment policy, the State is firmly committed to the principle of fair and equal employment opportunities for its citizens and strives to protect the rights and opportunities of all people to seek, obtain, and hold employment without being subjected to illegal discrimination and harassment in the workplace. It is the State's policy to provide an environment free of discrimination and harassment of an individual because of that person's race, color, national origin, age (40 and over), sex, pregnancy, religion, creed, disability, veteran's status or any other category protected by state and/or federal civil rights laws.