Investment Analyst, Performance Analytics

Job ID: 97464

Location: St. Paul

Date Posted: 10/06/2026

Closing Date: 10/23/2026 Hiring Agency/Seniority Unit : Investment Board / Investment Board-Excluded OthDivision/Unit : State Board Of Investment(SBI) / Performance Analysis Work Shift/Work Hours : Not Applicable ShiftDays of Work : Monday - Friday

Travel Required: Up to 5%Salary Range(s):Investment

Bargaining Unit/Union: 221 - Excluded All Others/UnrepThe work you'll do is more than just a job. At the State of Minnesota, employees play a critical role in developing policies, providing essential services, and working to improve the well-being and quality of life for all Minnesotans. The State of Minnesota is committed to equity and inclusion, and invests in employees by providing benefits, support resources, and training and development opportunities.

Job Summary: About the SBI :The Minnesota State Board of Investment (SBI), establishedby Article XI of the Minnesota Constitution, is responsible forinvesting all state funds. Its membership, as specified in the Constitution, consists of the Governor (who serves as chair), the State Auditor, the Secretary of State, and the Attorney General. The SBI manages over $170 billion across the State’s retirement funds, cash accounts, and other pools and trusts. These assets are invested across multiple strategies, including public and private equity, fixed income, real assets, and private credit. The SBIinvestsprimarilythrough external managers, with the goal of generating attractive long-term returns without taking undue risk.

About the Opportunity: The SBI is conducting a search for a detail-oriented and mission-driven Investment Analyst, Performance Analytics, to support its Investment Performance function. This position offers a strong opportunity for an investment professional with experience or interest in investment performance calculation and reporting to contribute to a leading public pension fund. Reporting to the Head of Performance Analytics, this positionis responsible forleading the generation of internal and external performance reporting, calculation, and monitoring, as well as daily validation and reconciliation of performance records. The successful candidate will work closely with investment staff and external service providers to maintain the integrity of performance measurement, risk management, and reporting. The position requires familiarity with institutional investment concepts and the ability to work with information related to portfolio strategy, asset allocation, investment performance, benchmarks, and composite construction. The successful candidate will ensure that the SBI’s performance is consistently and accurately communicated to all stakeholders and constituents.

Primary Responsibilities: Calculate and report portfolio and composite performance across the many line items and asset classes in SBI’s investment program, including results at the total-plan level. Generate internal and external reporting to support SBI staff, including daily performance monitoring, quarterly board books, annual reports, and attribution and risk analysis Maintain data quality, consistency, and accuracy across custodial, accounting, and internal platforms for performance measurement and reporting purposes Contribute to ongoing and ad hoc projects such as asset allocation studies, system and/or process enhancements, and performance measurement and reporting enhancements

Minimum Qualifications: Candidates must meet all of the following minimum qualifications to be considered for this position: At least three (3) years of professional experience at a financial services firm or in a comparable role. Working knowledge of institutional investment concepts, including asset allocation, investment performance, portfolio benchmarks, investment vehicles, and the objectives of major asset classes. Proficiency in Microsoft Excel and other Microsoft Office applications. Demonstrated attention to detail, strong organizational skills, and the ability to prioritize multiple tasks, projects, and deadlines. Experience communicating effectively with professionals across functions and at different organizational levels. Willing participation in and desire to make continuous progress toward completion of the Chartered Financial Analyst (CFA) program.

Additional Requirements: It is the policy of the State Board of Investmentthat all employeessubmitto a background investigation prior to employment. The background check may consist of the following components: SEMA4 Records Check (applies to current and past State employees only) Criminal History Check Employment Reference CheckSocial Security and Address Verification Driver's License CheckTheState Board of Investmentdoes not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.Support to help you reach your career goals: Training, classes, and professional development Federal Public Service Loan Forgiveness Program (Some positions may qualify for the Public Service Loan Forgiveness Program. For more information, visit the Federal Student Aid website at studentaid.gov )Employee Assistance Program (EAP) for work/life support: A voluntary confidential program that helps employees and their families with life challenges that may impact overall health, personal well-being, or job performance Common sources of stress can be addressed through the EAP: mental health, relationship challenges (personal and work), grief and loss, finances, and legal issues Daily Living/Convenience Services: Chore services, home repair, trip planning, child/elder care Programs, resources and benefits eligibility variesbased on type of employment, agency, funding availability, union/collective bargaining agreement, location, and length of service with the State of Minnesota. EQUAL OPPORTUNITY EMPLOYERSMinnesota state agencies are equal opportunity, affirmative action, and veteran-friendly employers. State agencies are committed to creating a workforce that reflects the diversity of the state and strongly encourages persons of color and Indigenous communities, members of the LGBTQIA2S+ community, individuals with disabilities, women, and veterans to apply. The varied experiences and perspectives of employees strengthen the work we do together and our ability to best serve Minnesotans. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, sex (including pregnancy, childbirth, and disabilities related to pregnancy or childbirth), gender identity, gender expression, marital status, familial status, age, sexual orientation, status regarding public assistance, disability, veteran status or activity in a local Human Rights Commission or any other characteristic protected by law. APPLICANTS WITH DISABILITIESMinnesota state agencies make reasonable accommodations to their employees and applicants with disabilities. If you have a disability and need assistance in searching or applying for jobs with the State of Minnesota, call the Careers Help Desk at 651-259-3637 or email careers@state.mn.us and let us know the support you need.