Investment Analyst - Strategy & Risk

Salary: Depends on Qualifications

Location : Salt Lake County, UT

Job Type: Full Time

Remote Employment: Flexible/Hybrid

Job Number: 46005

Agency: 540 School and Institutional Trust Fund Office

Opening Date: 08/08/2025

Closing Date: 10/14/2025 11:59 PM Mountain

FLSA: Non-Exempt

Recruiter: Melanie Butters;

# of Openings: 1

Location: 310 S Main St, Suite 1250Salt Lake City, UT 84101

Background Check: You must successfully pass a criminal history check.

Schedule Code: AS - Employees whose appointment is required by law to be exempt. This is a career service exempt at will position.

Benefits: This position is eligible for a full benefits package. See benefits tab below for details.

EEO Statement: The State of Utah is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.

Job Description

About SITFO

The School & Institutional Trust Funds Office (SITFO) manages a ~$4 billion, mission-driven, long-horizon portfolio that supports public education in Utah. We are a small, collaborative team focused on thoughtful investing and public impact.

About the Role

You will sit at the center of our portfolio strategy engine-measuring and managing risk, translating macro and market signals into portfolio actions, and upgrading our reporting and analytics. You'll also collaborate with teammates on manager research where relevant, giving you broad exposure to the full investment process.

For a highly qualified candidate, SITFO will consider hiring into a Senior Investment Analyst role which would include a higher salary range.

What You'll Do

Monitor and evaluate total-portfolio risk: factor exposures, contributions, drawdown/variance, and liquidity.

Synthesize macro/market views with the investment team to inform allocation, tilts, and rebalancing.

Own and enhance risk reporting; manage vendor relationships (risk systems, data/analytics); maintain core models in Excel/Python.

Build decision tools: ad-hoc quantitative analyses, Monte Carlo, and portfolio construction/optimization (e.g., regularization, resampling, bootstrapping).

Support manager evaluation with data-driven insights as needed.

What You'll Bring

2-4 years of relevant experience (portfolio/risk/performance analytics strongly preferred).

Bachelor's degree in finance, economics, math, statistics, data science, computer science, or related field.

Working knowledge of portfolio theory, macroeconomics, and statistics; strong problem-solving and communication.

Proficiency in Excel and Python (pandas, NumPy, SciPy, matplotlib, etc.).

Team-first mindset: curious, candid, ethical, and committed to SITFO's mission and fiduciary duty.

Tools You'll Use

Bloomberg, Northern Trust FOS, Hamilton Lane Cobalt, Venn, and similar other software and databases.Why SITFO (Benefits)

Flexible schedule supporting work/life balance (Utah residency required).

Comprehensive health, dental, life insurance, and employer-sponsored HSA.

Fully sponsored pension or generous employer 401(k) contribution.

Generous paid leave; downtown SLC office with employer sponsored parking/public transit, on-site gym, and great nearby amenities.

Benefits:

The State of Utah offers eligible employees a variety of benefits including medical, dental, life and disability insurance, as well as a comprehensive leave program. Please click the following link for a detailed information page: To access a Total Compensation Calculator in Excel format click

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