Employment with TMRS


TMRS does not sponsor applicants or employees for temporary or permanent work visas. Accordingly, applicants for employment must provide documentation which permits them to complete a USCIS Form I-9 within three days of hire.


Investment Analyst II/Senior (Absolute Return Strategies)

TMRS, based in Austin, Texas, is a statewide public retirement system that provides retirement, disability, and death benefits for employees of participating Texas municipalities. Our organization currently has approximately $24 billion in assets that are invested for the long-term benefit of our members.
As a part of the growing Investment team, the Investment Analyst II working with Absolute Return Strategies will assist the Director of ARS with all activities and operations of the ARS program including identifying, evaluating and executing ARS strategies globally. This is accomplished by performing the following duties as needed:

  • Performs complex investment research and analysis of the investment strategy objectives for ARS.
  • Assists in communicating the strategy and investment recommendations through written and/or oral reports and presentations as requested by the Director of ARS, CIO, or Executive Director.
  • Analysis of broad capital market conditions and investment strategies.
  • Research and report on markets and general economic, regulatory and political developments and analyze their impact on portfolio.
  • Assists in sourcing, analyzing and recommending hedge fund managers and investment strategies.
  • Assists in investment manager due diligence; developing and documenting manager due diligence processes.
  • Assists in monitoring and maintaining existing investments and relationships with fund managers.
  • Monitors and analyzes investment portfolio performance. Prepares management reports as needed.
  • Quantitative Analysis of individual hedge fund managers, hedge fund strategies and portfolio management.

Position Requirements:
Mid-level (II):  Bachelor’s degree in finance, accounting, statistics or a related field and 3 years of experience performing relevant and increasingly complex investment research and/or analysis, preferably in an institutional investment environment. Six months of required experience may be satisfied for every level of the CFA successfully achieved.
Senior-level (Senior): Bachelor’s degree in finance, accounting, statistics or a related field and 5 years of experience performing complex investment research and/or analysis, preferably in an institutional investment environment.  CFA designation, CAIA designation, or Master’s degree strongly preferred.
The position at all levels requires excellent quantitative problem solving skills; excellent organizational, analytical, and time management skills; plus, strong written and verbal communication skills.
The examples of duties listed are for illustrative purposes only and are not intended to be all inclusive.  
TMRS is an Equal Opportunity Employer. We offer an excellent work environment, and well-rounded compensation and benefits package.

Apply Now


Human Resources Generalist

TMRS is a statewide public retirement system that provides retirement, disability, and death benefits for employees of participating Texas municipalities. Our organization currently has over $23 billion in assets that are invested for the long-term benefit of our members.
The primary purpose of this position initially is recruiting and candidate sourcing. TMRS is a growing organization with many investment, financial services, and technology positions to fill.  The incumbent of this position will also assist in a variety of human resources-related activities that may include new employee orientation, employee relations, benefits and compensation, reporting and compliance with employment laws, wellness programs, and various other human resources related programs.

Duties are accomplished by performing the following as needed:

  • Support the organization’s hiring managers through the recruiting process that includes: job posting, candidate sourcing, initial candidate screening, scheduling and conducting interviews, organizing travel arrangements for candidates (as needed), preparing offer letters, and initiating background checks.
  • Establish and maintain candidate communication throughout the recruiting process. Serve as the organization’s advocate during the recruiting process. Maintain the Applicant Tracking System and produce ad-hoc recruiting reports.
  • Develops and conducts new employee on-boarding.
  • Assists in the implementation and maintenance of the Human Resources Information System. May conduct system testing as needed. Creates various reports for the department and organization.
  • Responsible for ensuring employment related decisions are in line with TMRS policies and procedures. Maintains current knowledge of HR legal and regulatory requirements.
  • Responsible for developing and overseeing a TMRS wellness program that supports the organization’s wellness initiatives.
  • Responds to employee questions and concerns related to TMRS policies and procedures, employee compensation, as well as Group Benefit Plans (GBP).

The successful candidate will possess a bachelor’s degree in Business Administration, Communications, Human Resources or related field. The position also requires at least three years’ experience in Human Resources related functions. Previous experience sourcing and recruiting hard to fill positions is strongly preferred.

The examples of duties listed are for illustrative purposes only and are not intended to be all inclusive.  

TMRS is an Equal Opportunity Employer. We offer an excellent work environment, and well-rounded compensation and benefits package.

Apply Now


Systems Analyst

TMRS, based in Austin, Texas, is a statewide public retirement system that provides retirement, disability, and death benefits for employees of participating Texas municipalities. Our organization currently has over $23 billion in assets that are invested for the long-term benefit of our members.

This position is a part of a small development team that works directly with business units and other IT staff to define requirements and implement custom solutions to meet business needs. This position offers a great opportunity to participate in all facets of the software development life cycle.

Common responsibilities of this position include:

  • Defining user and technical requirements
  • Developing and analyzing complex SQL statements
  • Coding, debugging and testing PL/SQL stored procedures and triggers
  • Implementing custom reporting solutions using Oracle Reports Developer or similar reporting tools

If you're successful in a team environment, enjoy all facets of software development, and are committed to customer service, we want to hear from you.

The examples of duties listed are for illustrative purposes only and are not intended to be all inclusive.  

TMRS is an Equal Opportunity Employer. We offer an excellent work environment, and well-rounded compensation and benefits package.

Apply Now


Investment Analyst II (Fixed Income)

TMRS, based in Austin, Texas, is a statewide public retirement system that provides retirement, disability, and death benefits for employees of participating Texas municipalities. Our organization currently has over $23 billion in assets that are invested for the long-term benefit of our members.
As a part of the growing Investment team, the Investment Analyst II working with Fixed Income will assist the Director of Fixed Income with all activities and operations of the fixed income program including identifying, evaluating and executing fixed income strategies globally. This is accomplished by performing the following duties as needed:

  • Performs complex investment research and analysis of the investment strategy objectives for fixed income.
  • Assists in communicating the strategy and investment recommendations through written and/or oral reports and presentations as requested by the Director of Fixed Income, CIO, or Executive Director.
  • Research and report on markets and general economic, regulatory and political developments and analyze their impact on portfolio.
  • Assists in sourcing, analyzing and recommending fixed income managers and investment strategies.
  • Assists in investment manager due diligence; developing and documenting manager due diligence processes.
  • Assists in monitoring and maintaining existing investments and relationships with fund managers.
  • Monitors and analyzes investment portfolio performance. Prepares management reports as needed.

The successful candidate must possess a bachelor’s degree in Finance, Accounting, Economics, or related field. The candidate must also have at least three years of related experience performing relevant and increasingly complex investment research and analysis, preferably in an institutional investment environment. Six months of required experience may be satisfied for every level of the CFA successfully achieved.

The examples of duties listed are for illustrative purposes only and are not intended to be all inclusive.

TMRS is an Equal Opportunity Employer. We offer an excellent work environment, and well-rounded compensation and benefits package.

Apply Now


Senior Investment Accountant

TMRS is a statewide public retirement system that provides retirement, disability, and death benefits for employees of participating Texas municipalities. Our organization currently has over $23 billion in assets that are invested for the long-term benefit of our members.
The primary purpose of this position is to ensure that the accounting records of both the Custodian (as our official book-of-record) and TMRS accurately and completely reflect the investment transactions and valuations of the TMRS investment portfolio as well as ensure proper cash management. This position reports directly to the Assistant Director of Finance.

Duties are accomplished by performing the following as needed:

  • Review and process investment manager capital contributions, identifying funding source of cash contributions, ensuring called amounts are within contractual commitments, and monitoring custodial activity to ensure cash transfers are processed accurately and timely
  • Review distributions received from private real estate funds; monitor account to ensure proceeds are received; and direct any necessary cash transfers.
  • Analyze and approve Net Asset Value (NAV) balances for monthly accounting close, ensuring activity recorded by the custodian is consistent with internal records and Investment Manager reporting.
  • Analyze monthly and/or quarterly and annual audited private investment fund financial statements and capital account statements, ensuring the accuracy of TMRS’ allocated investment balance.
  • Update the general ledger with monthly investment activity (capital calls, distributions, NAV adjustments, etc.).
  • Reconcile investment account balances between TMRS’ internal general ledger and the Custodian’s records.
  • Work together with the Investment Department in determining and monitoring investment manager deliverables.

The successful candidate will possess a bachelor’s degree in Accounting, Finance, or related field. The position also requires at least three years’ experience in Accounting-related functions. Previous experience in investment accounting is strongly preferred.  CPA is preferred.

Minimum Starting Salary:  $60,000 depending on experience

The examples of duties listed are for illustrative purposes only and are not intended to be all inclusive.  TMRS is an Equal Opportunity Employer. We offer an excellent work environment, and well-rounded compensation and benefits package.

Apply Now

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