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


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


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