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Type of Role: Investments

Experience Level: Analyst/Associate

Location: Tallahassee, Florida

Salary: $61K - $76K

The State Board of Administration (SBA) is primarily an asset management organization responsible for investing state and local government assets. Established by the state’s constitution, its mission is to provide superior investment and trust services while adhering to the highest ethical, fiduciary, and professional standards. As of June 30, 2022, the board had $228.0 billion under management; the largest fund under supervision is the Florida Retirement System (FRS) Pension Plan Fund ($180.0 million). Other major funds include the FRS Investment Plan Fund ($12.8 million), the Florida Hurricane Catastrophe Fund ($12.4 million), and the Local Government Surplus Funds (Florida PRIME) Trust Fund ($17.7 million).

The SBA is recruiting an Investment Analyst to join the Real Estate asset class. The Investment Analyst will be responsible for eFront application design and maintenance and the development of new reports for complex investment performance analysis such as the calculation, analysis, reconciliation, and reporting of returns, ad hoc requests and reporting using eFront, business intelligence software or other applications. This position will work with real estate analysts ensuring the integrity of the data housed in the investment performance databases, by identifying incorrect data and working with SBA information technology, system personnel and vendors to correct errors, update and refresh system technology as required. Developing and maintaining a high level of expertise in the methodology and technical applications used by the SBA and used in the industry as best practice is required. The position will enhance and automate existing processes and reports.

Responsibilities include but are not limited to:

  • Managing strategic integration and validation of Real Estate Data into existing and new systems
  • Evaluating the need for new or enhanced model and report development processes and implement as needed
  • Responding to complex performance related questions and inquiries
  • Performing other duties as assigned

What you should have

Seven years of related experience. A postsecondary degree may be used as an alternative for years of experience; 2 years for an associate’s degree, 4 years for a bachelor’s degree, 6 years for a master’s degree, 7 years for a professional degree, or 9 years for a doctoral degree.

Preferences

  • A bachelor’s degree from an accredited college or university in business, accounting, finance, analytics, mathematics, statistics, or management information systems or related field
  • Data integration experience in investment management organization
  • Experience with database programming languages (e.g., MS SQL, PL/SQL) and other programming/scripting languages (e.g., Microsoft Net, JavaScript/JQuery, Python, R), performance calculations, risk statistics or performance attribution

Knowledge, Skills and Abilities:

  • Understanding of fundamental Python concepts such as variables, data types, control flow, functions, error handling, and classes.
  • Familiarity with Python libraries for data analysis such as Pandas and NumPy
  • Knowledge of data visualization libraries such as Matplotlib, Seaborn, or Plotly to create charts, graphs, and other visual representations of data
  • Familiarity with libraries like scikit-learn and TensorFlow for predictive analysis.
  • Ability to use Python to interact with databases, using libraries like SQL Alchemy or PyOBDC
  • Knowledge of statistical libraries such as SciPy and Stats models
  • Experience or knowledge of the financial industry, specifically with Real Estate
  • Excellent organizational skills including the ability to provide detailed documentation that supports processes and result
  • Ability to communicate effectively, both in writing and orally
  • Ability to consistently produce accurate work
  • Ability to manage multiple projects and tasks simultaneously and demonstrate flexibility necessitated by changing priorities
  • Strong work ethic, positive attitude, and sense of urgency to meet deadlines, willingness to work until the task is completed successfully
  • Ability to conduct research into application integration issues and products
  • Highly self-motivated and directed, with keen attention to detail
  • Experience working in a team-oriented, collaborative environment