JOB SUMMARYThis job is a key role in the oversight of enterprise investment portfolios managed by external managers and advisors. The portfolios include insurance reserve assets, operating assets, pension plan assets, and savings plan assets that require an understanding of the unique cash flow, risk, legal and regulatory aspects of each portfolio to properly construct and monitor portfolio solutions.
ESSENTIAL RESPONSIBILITIES- Perform regular due diligence on external investment managers, investment products, and prospective investments.
- Monitor and evaluate existing portfolio cashflows and holdings and provide insights on performance and risks to various stakeholders
- Conduct fundamental research and analysis on investment opportunities and market developments
- Coordinate the efficient movement of capital when rebalancing, hiring or firing investment managers to minimize transaction costs
- Support treasury and investment reporting activities to Highmark Health executive management, Investment Committee of the Board, ratings agencies and other parties
- Continue to update and evolve key performance indicators and risk analytics used to evaluate investment portfolio performance
- Perform custodial account maintenance and fee payment processing duties
- Other duties as assigned or requested.
EDUCATIONMinimum- Bachelor's degree in finance, economics, or mathematics or relevant experience and/or education as determined by the company in lieu of bachelor's degree.
PreferredEXPERIENCEMinimum- 5-10 years of relevant, progressive experience in the area of specialization
Preferred- Demonstrated experience evaluating and monitoring externally managed investment portfolios across one or more asset classes (e.g. public equity, fixed income, private equity, real assets)
- Proven experience preparing and presenting investment materials to governance bodies, including investment committees or executive leadership
LICENSES/CERTIFICATIONSMinimumPreferred- Chartered Financial Analyst (CFA)
- Certified Treasury Professional (CTP)
- Certified Public Accountant (CPA)
SKILLS- Strong written and oral communication skills
- Strong relationship building skills
- Client focused with strong business acumen
- Self-starter with the ability to work under pressure independently and as part of a team
- Ability to think strategically and act proactively to create strong trust and confidence with business units
- Strong innovative problem-solving capabilities
SCOPE OF RESPONSIBILITY Does this role supervise/manage other employees?
No
WORK ENVIRONMENTIs Travel Required?
Yes
Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.
Compliance Requirement: This position adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies
