{"id":96314,"date":"2026-09-25T12:44:35","date_gmt":"2026-09-25T12:44:35","guid":{"rendered":"https:\/\/www.monmouth.edu\/career-development\/job\/investment-fellow\/"},"modified":"2026-09-27T08:28:49","modified_gmt":"2026-09-27T12:28:49","slug":"investment-fellow","status":"publish","type":"ch_job","link":"https:\/\/www.monmouth.edu\/career-development\/job\/investment-fellow\/","title":{"rendered":"Investment Fellow"},"content":{"rendered":"<p><strong><u>Position Summary<\/u><\/strong><\/p>\n<p>The New York State Teachers\u2019 Retirement System (NYSTRS) Investment Fellows program is a 2-year program during which Investment Fellows move between the various asset classes at 6-month intervals. During the two years, Fellows will be provided hands-on training in each asset class: Fixed Income, Real Estate, Private Equity, and Public Equities. They will work closely with experienced professionals in the finance field and will be paired with a mentor for the duration of the program. The program provides selected Fellows with many benefits including: a hybrid work schedule, flexible working hours, paid time off, state pension, tuition assistance, CFA study time &amp; exam fee support, and more. There will be networking opportunities with executives and senior-level staff as well as professional development programs and participation in system-wide events and activities.<\/p>\n<p>\u00a0<\/p>\n<p>We are seeking to fill two positions for the period of July 2027 through June 2029.<\/p>\n<p><strong><u>\u00a0<\/u><\/strong><\/p>\n<p><strong><u>Minimum Qualifications<\/u><\/strong><\/p>\n<p>Applicants must be a bachelor\u2019s or master\u2019s degree student who will receive a bachelor\u2019s or master\u2019s degree between December 2026-May 2027.<\/p>\n<p>\u00a0<\/p>\n<p><strong><u>Preferred Qualifications<\/u><\/strong><\/p>\n<ul>\n<li>A bachelor&#8217;s degree or master&#8217;s degree in Finance, Accounting, Business Management or a closely related field<\/li>\n<li>Possess analytical and quantitative skills<\/li>\n<li>Demonstrate an interest in investments and the pursuit of an exciting and rewarding career<\/li>\n<li>Some familiarity with capital markets and\/or investment theory<\/li>\n<li>Interest in, or progression towards, industry certifications such as the CFA, CAIA or other relevant certifications<\/li>\n<li>Competency with Microsoft Office Applications with an emphasis on Excel, Outlook, Power Point, and Word<\/li>\n<li>Strong written and verbal communication skills<\/li>\n<li>Ability to work independently and in team settings<\/li>\n<li>Demonstrate initiative and a curiosity for learning<\/li>\n<li>Excellent interpersonal skills<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p><strong><u>Work Modality\u00a0<\/u><\/strong><\/p>\n<p>Currently we have a hybrid work schedule which may be subject to change in the future.<\/p>\n<p>\u00a0<\/p>\n<p><strong><u>Job Duties<\/u><\/strong><\/p>\n<p>As an Investment Fellow, you can expect to work closely with asset class professionals who are committed to supporting you as you navigate through the program and gain exposure and learn a variety of responsibilities associated with the role. Examples of the job duties of the Investment Fellow may include, but are not limited to, the following:<\/p>\n<p><strong>Private Equity<\/strong><\/p>\n<ul>\n<li>Review, analyze, and evaluate domestic and international private equity and private debt investment opportunities<\/li>\n<li>Conduct quantitative and qualitative due diligence and present findings to the internal private equity team and selectively to the internal investment committee<\/li>\n<li>Draft investment memos as directed by senior internal Private Equity team staff<\/li>\n<li>Generate monitoring reports for funds each quarter based on analysis of quarterly financial reports, recent manager interactions, and other funds updates from the System\u2019s private equity and private debt partnerships<\/li>\n<li>Support senior internal Private Equity team staff in the review of cash flows, market values, and build out of cash flow models as directed<\/li>\n<li>Participate and take notes at meetings with the System\u2019s private equity and private debt managers, consultants, and peers using a CRM system<\/li>\n<li>Provide support in the generation of quarterly board reports and other projects as directed<\/li>\n<\/ul>\n<p><strong>Real Estate<\/strong><\/p>\n<ul>\n<li>Participate in the underwriting of new property \/mortgage acquisitions and fund investments<\/li>\n<li>Monitor the commingled fund universe and evaluate existing System portfolio fund investment performance against comparable peer set<\/li>\n<li>Participate in on-site diligence inspections for direct real estate acquisition\/origination opportunities<\/li>\n<li>Work with external service providers including separate account advisors, joint venture partners, property managers, leasing agents, accountants, attorneys, appraisers, etc.<\/li>\n<li>Monitor commingled fund performance to identify drivers of performance, conflicts and concerns<\/li>\n<li>Present on acquisition and origination activity and investment recommendations at internal department, Internal Investment Committee, Real Estate Advisory Committee and Board meetings (as needed)<\/li>\n<li>Represent NYSTRS at advisory board meetings as needed<\/li>\n<li>Stay abreast of real estate market conditions and trends through discussions with industry participants and attendance at industry conferences and trainings<\/li>\n<li>Participate in the preparation of the portfolio strategic plan<\/li>\n<\/ul>\n<p><strong>Fixed Income<\/strong><\/p>\n<ul>\n<li>Perform assigned fixed income related quantitative and qualitative research and analyses, as well as prepare and develop periodic monthly and quarterly reports (e.g., for Board meetings) as requested<\/li>\n<li>Perform due diligence and financial analysis on bond issuers being considered for purchase and\/or sale in the short- and long-term bond portfolio<\/li>\n<li>Perform administrative duties as necessary including: preparation, dissemination, follow up for receipt and review of the: annual broker\/dealer updates, and five-year broker\/dealer questionnaire; annual No Gift policy letter; QIB document; and any counter party related documents that require completing.<\/li>\n<li>Participate in the active monitoring, due diligence and or research of external fixed income managers<\/li>\n<li>Assist with the coordination and execution of foreign currency trades in support of externally managed accounts across various System departments<\/li>\n<\/ul>\n<p><strong>Public Equities<\/strong><\/p>\n<ul>\n<li>Daily monitoring of internal portfolios for consistency with stated objectives.<\/li>\n<li>Validate the daily investment process; check daily holdings reconciliation reports and facilitate resolution of any position discrepancies and other data related issues.<\/li>\n<li>Review index changes and corporate action events for impact on internal portfolios and generate recommendations for specific actions resulting from such events.<\/li>\n<li>Rebalance internal portfolios according to investment guidelines and cash-flow instructions; run optimizations, review optimal portfolio characteristics, and communicate trade instructions to trader<\/li>\n<li>Generate data\/reports as necessary for monthly internal investment committee, investment advisory committee, quarterly board packages, investment policy manual, ACFR<\/li>\n<li>Participate in relevant conferences and educational sessions to gain exposure to market insights and develop industry awareness through networking with peers<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p><strong><u>Salary Grade<\/u><\/strong><\/p>\n<p>Grade 14 (First year of the program)<\/p>\n<p>Grade 16 (Second year of the program)<\/p>\n<p>\u00a0<\/p>\n<p><strong><u>Starting Salary<\/u><\/strong><\/p>\n<p>Grade 14 -$64,966 (First year of the program)<\/p>\n<p>Grade 16 -$74,785 (Second year of the program)<\/p>\n<p>\u00a0<\/p>\n<p><strong><u>Job Type<\/u><\/strong><\/p>\n<p>\u00a0<\/p>\n<p>Temporary<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_ch_employer_id":"26737","_ch_external_id":"11501595","_ch_location_state":"","_ch_location_city":"","_ch_is_ocr_job":"","_ch_expiration_date":"2026-10-05","_ch_apply_link":"https:\/\/monmouth.joinhandshake.com\/jobs\/11501595\/share_preview"},"ch_stakeholder":[],"ch_class_year":[],"ch_job_category":[86],"ch_career_skill":[],"ch_industry":[59],"class_list":["post-96314","ch_job","type-ch_job","status-publish","hentry","ch_job_category-full-time","ch_industry-government-law-enforcement-public-policy"],"_links":{"self":[{"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_job\/96314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_job"}],"about":[{"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/types\/ch_job"}],"wp:attachment":[{"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/media?parent=96314"}],"wp:term":[{"taxonomy":"ch_stakeholder","embeddable":true,"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_stakeholder?post=96314"},{"taxonomy":"ch_class_year","embeddable":true,"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_class_year?post=96314"},{"taxonomy":"ch_job_category","embeddable":true,"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_job_category?post=96314"},{"taxonomy":"ch_career_skill","embeddable":true,"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_career_skill?post=96314"},{"taxonomy":"ch_industry","embeddable":true,"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_industry?post=96314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}