Investment Officer

About the role

The Illinois Police Officers’ Pension Investment Fund (“IPOPIF” or “Fund”) is a public pension investment fund responsible for consolidating, managing, and investing the assets of 357 participating police pensions funds. The Fund began investment operations in 2022. The Fund operates as a unitized investment pool and was recently valued at $15.5 billion. IPOPIF is governed by a nine-member Board. Investments are managed by a 4-person investment team with support from General Investment Consultant, Cerity, and Private Markets Consultant, Albourne.

Responsibilities

• Work with the CIO and incumbent investment officer to organize management and monitoring of the public equity and risk mitigation asset classes.
• Work with CIO to develop and implement investment operations strategic plan, including:
• Compliance review and reporting process
• Proxy management solutions
• Processes and screens to objectively determine organizations that engage in Anti-Police Activity or Anti-Pension Activity
• Litigation monitoring
• Administer direct international exposure including market access and tax reclaims, including consideration of outsourced servicing.

Qualifications

• Graduation from an accredited university or college with a bachelor’s degree in economics, finance, accounting, business, or related field of study preferred, and MBA preferred but not required.
• Five to seven years of investment work experience, or three years of such experience with public funds, or a combination of education, training and/or experience that could likely provide the desired knowledge and abilities.
• Demonstrated investment management success.
• Knowledge of investment concepts, terminology, styles, models, and strategies including portfolio theory, asset allocation and performance measurement, and a solid understanding of capital markets.
• Principles and practices of institutional investment management and specifically public pension fund management.
• Modern portfolio theory and application to public pension funds.
• Institutional real estate, private equity, hedge funds and other non-traditional investment areas, including advanced knowledge of and prior experience in the functional areas to be assigned to this position.
• Analytical techniques and tools commonly utilized in the management of equity and fixed income portfolios in a pension fund environment.
• Statistical concepts, methods and models, and their application to investments.

Skills and Abilities

• To establish and maintain professional relationships with members of the Board of Trustees, IPOPIF management and professional staff, and consultants.
• Interact with external service providers such as: actuarial and investment consultants, money managers and custodians.
• Prioritize conflicting timelines and ensure that projects are completed as required.
• Analyze data with a high level of detail.
• Clearly, concisely, and effectively communicate both orally and in writing.
• Perform job functions with a high degree of independence and in an ethical and objective manner.
• Use computer software to compose spreadsheets, graphs, flowcharts, calculations, and time reports, etc.

Benefits

The ability to work from the Peoria office is preferred. However, hybrid work arrangements may be considered for high caliber candidates.

Pay

N/A

Schedule

N/A

Application Instructions

To apply for this opening, please submit your resume and cover letter to Megan Holford at mholford@lauterbachamen.com with the subject line IPOPIF Investment Application. EOE M/F/D/V