] Office of Human Resources - Montgomery County Public Schools

OFFICE OF HUMAN RESOURCES AND DEVELOPMENT → CLASSIFICATION → FISCAL ASSISTANT V, ANALYST, INVESTMENT OPERATIONS

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Fiscal Assistant V, Analyst, Investment Operations

MONTGOMERY COUNTY PUBLIC SCHOOLS CLASS DESCRIPTION
OFFICIAL TITLE: Fiscal Assistant V CODE: 4850 SQ/OQ: Optimal Qualified
WORKING TITLE: Fiscal Assistant V, Analyst, Investment Operations GRADE: 22 MONTHS: 12
SUMMARY DESCRIPTION OF CLASSIFICATION: Under direction of the director of investments, the investment operations analyst (analyst) helps to coordinate the investment operation activities for the Montgomery County Public Schools (MCPS) Retirement System Trust (pension). The analyst also helps oversee operational activities for the MCPS defined contribution plans. The analyst is a key member of the team and serves as a liaison for both pension and defined contribution plans, with a diverse range of internal and external contacts, including investment managers, consultants, financial advisors, actuaries, and attorneys. The analyst researches, provides guidance for, and processes complex pension and defined contribution plan questions and transactions.
MINIMUM QUALIFICATION STANDARDS
KNOWLEDGE, SKILLS, AND ABILITIES: Considerable knowledge of investment accounting, financial asset management or investment fund operations principles and practices. Ability to evaluate and oversee external service providers including but not limited to investment managers, custodian, and investment consultants. Demonstrated ability to analyze and interpret complex investment data and reports and to effectively communicate complex and technical financial information and concepts both orally and in writing. Working knowledge of contract management principles. Ability to work independently and manage time effectively. Ability to multi-task and prioritize among time-sensitive tasks. Advanced skills using investment analysis software and Excel. Strong numeric, analytical and organizational skills. Requires excellent oral, written and interpersonal skills. Demonstrated ability to be detail-oriented, accurate, and manage projects successfully. Intellectual curiosity and continual self-development and ability to acquire knowledge of and meet the seven core competencies of the Supporting Services Professional Growth System (SSPGS).
EDUCATION, TRAINING, AND EXPERIENCE: Bachelor's degree from an accredited college or university required. Major or substantial coursework in accounting, finance or related field preferred. Master's degree preferred. Minimum three of professional experience demonstrating advanced knowledge and competence in accounting, investment operations or financial asset management. Advanced computer skills in Microsoft Excel (spreadsheet). Intermediate computer skills in Word, Outlook, PowerPoint, Visio (charting software), and Oracle databases, such as the MCPS Business Hub.
CERTIFICATE AND LICENSE REQUIREMENTS: Possession of a valid Maryland noncommercial class C driver's license, or equivalent preferred.
PHYSICAL DEMANDS: (Special requirements such as lifting heavy objects and frequent climbing.) None
SPECIAL REQUIREMENTS: (Frequent overtime or night work required, etc.) Position requires periodic night and weekend work to meet deadlines. Occasional travel to attend meetings with investment managers.
OVERTIME ELIGIBLE: No

EXAMPLES OF DUTIES AND RESPONSIBILITIES:

Note: Incumbents may perform any combination of the essential functions shown below. This position description is not intended to be an exhaustive list of all duties, knowledge, or ability associated with this classification in every office, but is intended to accurately reflect the core job elements.

1. Works with and maintains clear, timely communication with custodian bank and investment managers to execute trades and wiring instructions.

2. Reconciles cash balances with capital account statements, distribution and capital call notices.

3. Performs month end closing procedures, which includes the analysis and reconciliation of internal records with custodial bank.

4. Reviews and implements contractual agreements with investment managers and other service providers.

5. Compiles and analyzes information for year-end audit and financial statement reporting.

6. Maintains and organizes all documents received from investment managers and third-party service providers.

7. Prepares and coordinates documentation for subscriptions or redemptions of investment managers.

8. Ensures timely payment and recordkeeping of all invoices and expenses from service providers and investment managers.

9. Reviews and responds to public information requests in accordance with the Maryland Public Information Act and the Freedom of Information Act.

10. Assists in continuing efforts to improve operational efficiency, processes and compliance.

11. Writes concise and accurate correspondence and/or reports to internal and external recipients.

12. Understands and applies principles of performance evaluation and professional growth for employees.

13. Analyzes large volumes of data from multiple sources and reconcile data as required.

14. Researches questions or discrepancies and resolves issues on behalf of plan participants and communicates results and other information as appropriate.

15. Participates in development of communications pieces and materials regarding pension and defined contribution plans.

16. Participates in implementation of systems, changes to processes and procedures affecting pension and defined benefit plans.

17. Reviews system data for integrity and recommends changes to policy or procedures.

18. Participates in the correction of data and trains other staff in data correction.

19. Contributes to special projects as needed.

20. Performs related duties consistent with the scope and intent of the position.
Class Established: 3/2021
Date(s) Revised:
Last Reviewed:

This description may be changed at any time.