Careers

MainePERS is a dynamic organization that seeks to hire individuals who are self-motivated team players, looking to be part of an organization that values accountability, respect, collaboration, stewardship, and agility as it serves the retirement needs of Maine’s public employees.  Our commitment to those we serve is exemplified in our vision, “MainePERS is a trusted and effective fiduciary focused on meeting the needs of active and retired members, beneficiaries, and employers.”

In addition to administering public pension plans, we also offer Disability Retirement, Group Life Insurance, and tax-deferred retirement savings programs for many of our participating member employers. To help administer these programs, we employee individuals with backgrounds in information technology, customer service, claims processing, financial administration, investment administration, data analysis, and benefit computation with an overarching emphasis on providing excellent member services.

We offer a generous benefits package that includes health, dental, and vision insurance, paid vacation and sick leave, life insurance, along with a qualifying defined benefit pension plan and opportunities to participate in defined contribution plans.

We are currently seeking applicants for the following positions:

Deputy Chief Investment Officer

Maine Public Employees Retirement System (MainePERS) seeks a Deputy Chief Investment Officer (Deputy CIO) to join our Portland-based investment team. The Deputy CIO reports to the CIO and provides support in the oversight and administration of the investment program and supervises investment staff as assigned. The Deputy CIO has broad responsibilities that include working with the CIO on development of investment policies and strategies, portfolio management, oversight of investment operations, administration, and risk management. Primary responsibilities and duties of this position include the development, oversight, and implementation of investment policies and principles, asset allocation strategies, portfolio construction strategies, and risk management controls. Strong interpersonal skills are required to build and maintain relationships with the general consultant, custodian, investment managers, and other external advisors and consultants.

The investment team, in addition to the CIO and Deputy CIO, includes Managing Directors of Private Equity, Real Estate, Alternative Credit, and Infrastructure and Natural Resources, the Asset Class Head of Risk Diversifiers, a Senior Analyst, and an Operations Senior Analyst.

MainePERS enjoys long tenure in their investment team with the majority of the staff working there almost 10 years.

Minimum qualifications: 

  • Bachelor’s degree.
  • At least seven years of relevant investment experience.
  • Strong financial modeling skills to build models and analyze data from various sources.
  • Excellent writing and communication skills to effectively present ideas, methods, procedures, and instructions to a wide range of audiences.
  • Appreciation for public service and understanding of defined benefit retirement plans.

Preferred qualifications: 

  • Advanced degree.
  • CFA and/or CAIA.
  • Track record of continuing education.
  • Experience managing institutional assets.
  • Experience sourcing and monitoring external managers.
  • Experience in private market investments and hedge fund investing.
  • Track record of positive performance as compared to benchmarks.
  • Awareness and understanding of ESG considerations in institutional asset management.

For additional information or to apply, please contact Hudepohl & Associates, [email protected] or (614) 854-7300.

MainePERS is an Equal Opportunity Employer