The North Carolina Investment Authority (NCIA) is a separate and independent state agency, governed by a Board of Directors chaired by the State Treasurer, tasked with investing North Carolina’s $144 billion in pension assets. The NCIA was created effective July 1st, 2025, and assumed statutory investment powers and duties from the Department of State Treasurer effective January 1, 2026. Details below.
Each member of the team has the opportunity to add value to our mission at every stage of the investment process, with the level of responsibility dependent on the prior experience, expertise, and dedication that each individual brings to the team.
For the Investment Analyst position, qualified candidates will likely have 1-5 years of experience working in a corporate, financial, or operations role and is prepared to assume immediate responsibility in support of NCIA’s mission. Ideal candidates will have demonstrated superior academic performance from a competitive college or university and a desire to excel within the asset management industry.
Experience the NCIA Difference:
- Building a new organization committed to executing best practices in governance and investing
- Committed to investing in its team through ongoing training and professional development.
- Provides career growth opportunities for motivated employees.
- Market based compensation, including an Incentive Compensation Plan.
- Raleigh consistently ranks high in quality-of-life assessments. It was recently placed in the top 5 of U.S. News and World Report’s “Best Places to Live for Quality of Life” for 2024-2025, highlighting its family-friendly atmosphere and a cost of living that is on par with the national average (source: Raleigh NC Is Ranked Top 5 Places to Live in the US | New Home Inc.)
- Help with relocation costs.
- Currently, hybrid positions require on-site work 4 days a week in our Raleigh, NC office. Employees may work remotely one day a week. Hybrid schedule is subject to change.
- Offer a mandatory pension and supplemental retirement plans.
- Affordable health insurance: NC OSHR: Benefits
- Total Compensation Calculator: NC OSHR: Total Compensation Calculator
- Learn more at NCIA Website
Compensation and benefits are based on market comparable and dependent on level of experience and performance. Interested candidates should send a letter of interest and resume to: NCIAResumes@NCinvest.gov
Message from Allocator Jobs: To help prepare you for this role, take a look at the Institutional Allocator (IA) program from our partnership organization, the Allocator Training Institute. The IA program curriculum gives you a solid foundation of investing from the allocator’s perspective. You’ll learn how to evaluate investment managers, create an ‘endowment-model’ multi-asset class portfolio, and the quantitative tools necessary to succeed in the role. The three-part program can be completed in less than one year and exams are available every quarter-end month. This is the program that will help you start and then accelerate your allocator career. Reach out if you have any questions.
