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Type of Role: Investments

Experience Level: VP/Principal/Director

Location: East Lansing, Michigan

Salary: $156K - $223K

The State of Michigan Retirement System oversees approximately $95bn in assets, with Jon M. Braeutigam serving as the Chief Investment Officer.

The Senior Investment Manager (SIM) of the Fixed Income Division (FID), in conjunction with the Chief Investment Officer, Deputy Chief Investment Officer and the Managing Director of Investments-Public Markets of the Bureau of Investments (BOI), leads the fixed income asset class for the State of Michigan Retirement System. This senior level position formulates portfolio investment strategies for the long and short-term fixed income asset class including the purchase, disposition, or restructure of fixed income investments.  This position is responsible for the overall planning and directing of the research, analysis, and the FID’s associated investing activities for the multi-billion-dollar SMRS pension fund.  The SIM serves as the asset manager/portfolio manager and performs asset management oversight of assigned investments, including external managers.  The SIM is responsible for conducting in-depth research, market analysis, and due diligence of assigned investments.  The SIM assigns, reviews and evaluates the work of the FID staff and is responsible for the FID’s investment returns.  The SIM is responsible for producing various quarterly financial and portfolio reports as needed by the FID and the BOI.