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Junior Investment Analyst Trainee

THE POSITION

Are you passionate about analyzing investment and economic trends and risks? Would you love to apply your knowledge of quantitative methods, investment modeling, and statistical analysis techniques to a challenging and rewarding career in a dynamic field? If so, consider applying today for this Junior Investment Analyst Trainee opportunity at the PA State Employees’ Retirement System (SERS), wherein you can hone and enhance your skills by assisting in the investment management of the $43 billion Defined Benefit Plan, the $5.4 billion Defined Contribution Plan, and the $450 million Deferred Compensation Plan.

DESCRIPTION OF WORK

This position assists the Portfolio Manager, Deputy Chief Investment Officer, and Chief Investment Officer with data collection, analysis, and research related to investment strategies, trends, risks, and economic factors across all investment asset classes: Private Equity, Real Estate, U.S. Equity, International Equity, Emerging Markets Equity, Fixed Income, Inflation Protection, and Cash. Responsibilities include direct involvement and coordination with internal staff, investment consultants, and external investment firms and are performed in accordance with the State Employees’ Retirement Code, other applicable state, federal, and international laws and regulations, and the SERS investment policy statement.

After successful completion of the training year, the employee in this position will be promoted to Junior Investment Analyst with a corresponding increase in pay. An employee also may be eligible for a pay increase of up to 2% each time the employee successfully completes one of the two levels of the Chartered Alternative Investment Analyst (CAIA) certification exam, as well as a pay increase of up to 2.5% each time the employee successfully completes one of the three levels of the Chartered Financial Analyst (CFA) certification exam.

Interested in learning more about this position? Additional details can be found in the position description.

About SERS: Established in 1923, SERS is one of the nation’s oldest retirement plans for public employees and manages the pension benefits of more than 246,000 employees and retirees for 96 public sector employers. In 2025, SERS paid more than $4.0 billion in benefits and manages nearly $50 billion in assets. Additional information is available at www.SERS.pa.gov.

Our mission is to prepare our members and participants to achieve financial security in retirement. We achieve this through focusing on our mission, acting ethically and with integrity, empowering our members, embracing innovation, fostering life work balance, modeling an inclusive and respectful workplace, valuing and developing team members, collaborating, and finding joy in our work.

SERS is an equal opportunity employer and welcomes all qualified individuals to our team. We are committed to an inclusive and respectful work environment that fosters personal and professional growth, embraces the contributions of all team members, and leverages diversity in people, ideas, and experiences to achieve our highest potential.

SERS is located in Harrisburg, Pennsylvania. Situated along the Susquehanna River, Harrisburg is an affordable city in which to live and is located just a few hours from Philadelphia, Baltimore, and Washington, D.C.

Work Schedule and Additional Information:

Full-time employment, 37.5-hour work week, 7.5-hour workday, Monday through Friday.
Work hours: A work schedule beginning and ending between 8:00 AM - 5:00 PM, inclusive, with a half-hour or one-hour unpaid meal period will be considered, depending on operational requirements. The requested schedule may not end prior to 4:00 PM.
Telework: This is a full-time telework position. Occasional onsite visits to the Harrisburg headquarters location and travel to meetings at external investment firms and consultant offices may be required. In order to telework, you must have a securely configured high-speed internet connection and work from an approved location in Pennsylvania. If you are unable to telework, you must work onsite at the work location specified in this job posting. Telework arrangements are subject to change. Additional details may be provided during the interview.
Financial Disclosure: The individual appointed to this position will be required to disclose financial information consistent with provisions of the Public Official and Employee Ethics Act and the Governor's Code of Conduct.
You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.
This position is located in Dauphin County, Harrisburg, Pennsylvania. SERS will not pay for relocation, housing, or travel expenses. All applicants must be willing to work in and commute to the Harrisburg location when onsite work is required.

REQUIRED EXPERIENCE, TRAINING & ELIGIBILITY

QUALIFICATIONS
Minimum Experience and Training Requirements:

A bachelor’s degree in accounting, economics, finance, or statistics from an accredited U.S. college or university or a certified foreign studies equivalency; or
A bachelor’s degree from an accredited U.S. college or university or a certified foreign studies equivalency which includes or is supplemented by 24 semester hour credits in accounting, economics, finance, statistics, or a related field.

See the total value of your benefits package by exploring our benefits calculator.

Health & Wellness

We offer multiple health plans so our employees can choose what works best for themselves and their families. Our comprehensive benefits package includes health coverage, vision, dental, and wellness programs.

Compensation & Financial Planning
We invest in our employees by providing competitive wages and encouraging financial wellness by offering multiple ways to save money and ensure peace of mind including multiple retirement and investment plan options.

Work/Life Balance
We know there’s more to life than just work! Our generous paid leave benefits include paid vacation, paid sick leave, eight weeks of paid parental leave, military leave, and paid time off for most major U.S. holidays, as well as flexible work schedules and work-from-home opportunities.

Values and Culture
We believe in the work we do and provide continual opportunities for our employees to grow and contribute to the greater good. As one of the largest employers in the state, we provide opportunities for internal mobility, professional development, and the opportunity to give back by participating in workplace charitable giving.

Employee Perks
Sometimes, it is the little “extras” that make a big difference. Our employees receive special employee-only discounts and rates on a variety of services and memberships.

For more information on all of these Total Rewards benefits, please visit www.employment.pa.gov and click on the benefits box.