Analyst, Investments

APPLICATION INSTRUCTIONS: CURRENT PENN STATE EMPLOYEE (faculty, staff, technical service, or student), please login to Workday to complete the internal application process. Please do not apply here, apply internally through Workday. CURRENT PENN STATE STUDENT (not employed previously at the university) and seeking employment with Penn State, please login to Workday to complete the student application process. Please do not apply here, apply internally through Workday. If you are NOT a current employee or student, please click Apply and complete the application process for external applicants. Approval of remote and hybrid work is not guaranteed regardless of work location. For additional information on remote work at Penn State, see Notice to Out of State Applicants. This position is funded for 2 year(s); continuation past 2 year(s) will be based on university need, performance, and/or availability of funding. POSITION SPECIFICS The Opportunity If you are looking to belong to an organization that is focused on education, research, and impacting the world, you may be interested in this career opportunity. Penn States multi-billion dollar Long Term Investment Pool (LTIP) is a diversified program invested across a variety of asset classes and strategies. The Office of Investment Management (OIM), together with Penn State Investment Council (appointed by the Universitys Board of Trustees), are charged with managing the LTIP for current and future program spending while preserving the long-term purchasing power of the overall portfolio. Wisely investing funds for Penn State will support future generations through education, while also contributing to the growth and development of Penn State. OIM has an ongoing investment analyst program intended to prepare graduates for a successful career in investing. If you have a desire to learn about institutional investing, this entry level position will provide a solid foundation for your future while contributing to the Penn State community. Interested candidates are encouraged to learn more about our team and how we support the university at our website. https://oim.psu.edu/ Hybrid Work Arrangements We embrace a flexible hybrid work model designed to balance collaboration and autonomy. For this role, the analyst is required to work onsite at our State College office three days per week, with the remaining two days working either in the office or remotely. Position Summary We are seeking candidates to join our two-year program starting in June of 2026. The position is open to graduating students. The Analyst, Investments position is a full-time, term role intended to provide a two-year rotational program within the Penn State Office of Investment Management providing an excellent opportunity to gain experience in institutional asset management and exposure to the global markets including both public and private investment strategies. The position reports to the Managing Director, Investments, supporting and interacting with the entire team. This is an exciting opportunity if you thrive in an interesting and challenging work environment. As a member of OIM, you will be joining a team of individuals in a collaborative, team environment focused on continual learning while meaningfully impacting Penn State. What we will provide The Analyst will be an important part of the institutional investment process and gain broad exposure to capital markets, asset allocation, investment strategies, portfolio construction, and investment manager selection. Investment Analysts work directly with senior staff, meet and interact with some of the worlds leading investment managers, and help identify investment opportunities. Analysts enjoy early responsibility and have a seat at the table from day one. (This role will not provide opportunities to analyze and manage portfolios of individual securities.) A successful individual in this position will obtain the skills and experience providing a solid foundation for a career in investment management, and receive appropriate training and mentoring needed for this role and development into a successful investment professional. Responsibilities of the Analyst, Investments Investment Analysis Perform asset class reviews, portfolio analysis, and monitoring of existing investments. Integrate views on investment risks, valuations, and future expected returns into the investment process by assisting with recommending specific investment strategies, asset allocation, and rebalancing decisions to improve portfolio construction. Investment Research Perform market surveillance and investment research across global public markets as well as a wide range of private investment strategies, geographies, and sectors. Impact the investment decision making process by contributing insights resulting from evaluation of economic research, investment market environments, psychology of investors, and trends. Assist with special projects assigned by senior staff. Risk Management Assist with defining investment risk exposures and evaluating investment risks at the aggregate portfolio level. Contribute to investment risk discussions within the investment office. Communications Create and maintain investment reports, databases, and presentations. Contribute to the internal dialogue with the entire investment team to enhance the investment process. Due Diligence Participate in investment strategy/manager due diligence as well as assisting with operational due diligence. Governance Adhere to the values of the University and act as a fiduciary. Contribute to the process to improve and update investment policy statements. Expected Competencies Experience, Knowledge, and Skills The Pennsylvania State University seeks a dynamic individual that will challenge and assist in the evolution of our investment beliefs. Intellectual curiosity and a passion for learning about investing are necessary. The successful candidate will be able to work independently as well as in a collaborative environment with an inclusive and respectful team. The preferred candidate will possess: A desire to learn about investment strategies, including the principles of asset allocation, endowment management, and macroeconomic theories Strong analytical skills and an ability to incorporate quantitative and qualitative factors Proficiency in Microsoft Office, with emphasis on Excel, Copilot, PowerPoint Aptitude in learning third-party software for investment analysis Familiarity with gathering, analyzing and visualizing data or desire to develop skills Resourcefulness in managing multiple tasks; advancing projects from ideas to outcomes on a timely basis Comfort with basic statistics An interest in the Chartered Financial Analyst (CFA) program The temperament to deal with ambiguity A balance of confidence and humility The ability to constructively challenge and respectfully debate topics, quickly synthesize information, and articulate ideas Elevated level of professionalism with excellent organizational, communication, and critical thinking skills Requirements to express interest Please note that a resume and cover letter are required as part of this application. All application materials must be uploaded at the time of application, as you will not be able to update your application once you hit submit. Consider joining Penn State where you would enjoy a generous benefits package from the first day on the job! Benefits also include CFA program support. Example of equivalency - Associate's degree plus 4 years of related experience, in lieu of the Bachelors only requirement. MINIMUM EDUCATION, WORK EXPERIENCE & REQUIRED CERTIFICATIONS Bachelor's Degree No prior relevant work experience required; previous relevant work experience accepted in lieu of education. Required Certifications: None BACKGROUND CHECKS/CLEARANCES Employment with the University will require successful completion of background check(s) in accordance with University policies. Due to the financial and fiduciary responsibilities of this position, successful completion of a credit history check will be required in addition to standard background checks. Penn State does not sponsor or take over sponsorship of a staff employment Visa. Applicants must be authorized to work in the U.S. SALARY & BENEFITS The salary range for this position, including all possible grades, is $86,300.00 - $129,500.00. Salary Structure - Information on Penn State's salary structure Penn State provides a competitive benefits package for full-time employees designed to support both personal and professional well-being. In addition to comprehensive medical, dental, and vision coverage, employees enjoy robust retirement plans and substantial paid time off which includes holidays, vacation and sick time. One of the standout benefits is the generous 75% tuition discount, available to employees as well as eligible spouses and children. For more detailed information, please visit our Benefits Page. CAMPUS SECURITY CRIME STATISTICS Pursuant to the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act and the Pennsylvania Act of 1988, Penn State publishes a combined Annual Security and Annual Fire Safety Report (ASR). The ASR includes crime statistics and institutional policies concerning campus security, such as those concerning alcohol and drug use, crime prevention, the reporting of crimes, sexual assault, and other matters. The ASR is available for review here. EEO IS THE LAW Penn State is an equal opportunity employer and is committed to providing employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. If you are unable to use our online application process due to an impairment or disability, please contact 814-865-1473. The Pennsylvania State University is committed to and accountable for advancing equity, respect, and belonging. We embrace individual uniqueness, as well as a culture of belonging that supports equity initiatives, leverages the educational and institutional benefits of inclusion in society, and provides opportunities for engagement intended to help all members of the community thrive. We value belonging as a core strength and an essential element of the universitys teaching, research, and service mission. Federal Contractors Labor Law Poster PA State Labor Law Poster Penn State Policies Copyright Information Hotlines Theres a reason Penn State consistently ranks among the top one percent of the worlds universities. Across 24 campuses, our 100,000 students and 40,000 faculty and staff know the real measure of success goes beyond the classroom its the positive impact made on communities across the world. Our ideals stem from our origins as Pennsylvanias sole land-grant institution, which allow us to continue to bring positive impact to humanity through our teaching, research, and engagement mission. And across the world is a community of Penn Staters more than half a million strong driven by that same spirit to serve our local and global communities. At Penn State, passion is met with collaboration in an environment that is rooted in shared pride for the accomplishments of our fellow students, faculty, staff, and alumni. Penn Staters cheer each other on to build a culture committed to service and engagement. Our University values represent our core ethical aspirations for all our daily activities and actions as students, faculty, staff, and volunteers at Penn State. Our values are as follows; Integrity, Respect, Responsibility, Discovery, Excellence, and Community. We Are Penn State. One Community. Impacting Many.