INVESTMENT ANALYST TRAINEE
Because Investment Analyst Trainee is non-competitive, hiring leans on your background rather than a test score: meet the requirements and apply to the agency directly.
On paper it calls for a bachelor's degree, though the specification lets enough relevant experience stand in for the degree. Pay on the FY 2027 schedule runs $63,663 to $66,592, and state payroll currently lists 4 people in the title, most of them at Treasury.
How to apply
This title is not filled by examination — agencies appoint directly.
See every real route in, and where to apply. One agency employs it. We don't track live vacancies.
See where to apply for this title →Who employs this title
Investment Analyst Trainee appears on the State payroll at one department, Department of Treasury. It is also used at one independent authority, New Jersey Economic Development Authority.
State departments
| Employer | Employees |
|---|---|
| Department of Treasury | 4 |
Independent authorities
| Employer | Employees |
|---|---|
| New Jersey Economic Development Authority | 2 |
State payroll and independent authority payroll are separate systems and are never merged. See data sources.
Who employs this title
State payroll records show 4 people working under this title. The median actual salary is $64,340. The agencies employing the most are:
- Treasury (4)
Counts from NJ YourMoney agency payroll. See statewide workforce analytics.
Official job specification
The text below is the official specification published by the New Jersey Civil Service Commission. The plain-language summary and analysis above are derived from it by NJ Civil Service Navigator. Source: the official specification page at NJ CSC.
Definition
Under the close supervision of an Investment Analyst 3 or other supervisory official in a division or agency within the Department of the Treasury, learns how to compile information and assist in the review of financial and investment information for diligence memos, fund analyses, and other prepared reports; learns how to maintain PFRSNJ's (Police and Fireman's Retirement System of New Jersey) relationship contacts; does other related duties as required.
Examples of work
Under close supervision, as a trainee and productive worker: Learns how to prepare Diligence Memos and Fund Analyses, collect, and assemble historical and financial data, and other required information. Learns how to compile statistical schedules of income statements and balance sheet items of companies whose debt or equity is held by the various State of New Jersey Investment Funds then calculates various percentages and ratios to analyze and prepare written reports on trends noted. Learns how to prepare comprehensive reports on securities or instruments containing statistical information, descriptions, breakdown of company activities, earnings outlook, financial position, and conclusions or recommendations on the buying or selling of these securities. Learns how to review, analyze, and interpret annual reports of investment funds, corporations, municipalities, authorities, and other entities. Learns how to maintain PFRSNJ's relationships with investment advisors, general partners, consultants, and service providers within their assigned asset classes. Prepares correspondence as directed. Maintains essential records and files. Will be required to learn how to utilize various types of electronic and/or manual recording and information systems used by the agency, office, or related units.
Requirements
NOTE: Applicants must meet one of the following or a combination of both experience and education. Thirty (30) semester hour credits are equal to one (1) year of relevant experience. Four (4) years of professional experience with a public or private entity such as a bank, insurance company, public or private pension fund, or professional money management organization engaged solely in institutional investment research activity which shall have been within the most recent seven (7) year period; including or supplemented by eighteen (18) semester hour credits in any one or combination of the following areas: accounting, finance, money and banking, statistics, economics, or investments. OR Possession of a bachelor's degree from an accredited college or university including or supplemented by eighteen (18) semester hour credits in any one or combination of the following areas: accounting, finance, money and banking, statistics, economics, or investments.
License
Appointees will be required to possess a driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essential duties of the position.
Knowledge, skills and abilities
Knowledge of modern investment practices, procedures, problems, and analysis after a period of training. Knowledge of statistical theory, practices, and techniques and their application to security analysis after a period of training. Knowledge of the methods used to evaluate and monitor the quality of activities and operations of public and privately held companies including investment partnerships or funds after a period of training. Knowledge of balance sheets, profit and loss statements, cash flow statements, 10-K reports, cost accounting, and other corporate documents after a period of training. Knowledge of financial, economic, regulatory trends, and information sources in assigned industries after a period of training. Knowledge of computers, computerized financial databases and other sources of financial and economic information after a period of training. Ability to organize assigned financial analysis and develop effective work methods to carry out the analysis. Ability to analyze, interpret, and apply laws and regulations governing financial analysis and financial transactions. Ability to obtain accurate, timely financial information from a variety of sources. Ability to use both qualitative and quantitative skills to effectively analyze fund investments or partnership structures. Ability to prepare statistical schedules of income statement and balance sheet items of specified companies. Ability to evaluate proxy statements, indentures, and covenant changes to recommend an appropriate course of action. Ability to keep current with dividend changes, stock splits, and mergers to advise division or agency staff of these matters. When assigned to PFRSNJ, ability to maintain PFRSNJ's relationships with investment advisors, general partners, consultants, and service providers within their assigned asset classes. Ability to prepare correspondence in the course of official duties. Ability to prepare clear, technically sound, accurate, and informative financial reports containing findings, conclusions, and recommendations. Ability to learn how to utilize various types of electronic and/or manual recording and information systems used by the agency, office, or related units. Ability to read, write, speak, understand, and communicate in English sufficiently to perform duties of this position. American Sign Language or Braille may also be considered as acceptable forms of communication. Persons with mental or physical disabilities are eligible if they can perform essential functions of the job with or without reasonable accommodation. If the accommodation cannot be made because it would cause the employer undue hardship, such persons may not be eligible. ADVANCEMENT: Appointees who successfully complete the twelve (12) month training period will be eligible for advancement to one of the following titles under Civil Service Commission procedures: Investment Analyst 1, or other titles designated appropriate by the New Jersey Civil Service Commission. The inability of an employee in this trainee title to attain a level of performance warranting advancement to one of the titles listed above shall be considered as cause for separation.
Note
The examples of work for this title are for illustrative purposes only. A position using this title may not perform all duties listed in this job specification. Conversely, all duties performed on the job may not be listed. Experience involving retail investment and retail research will not be accepted. Experience as a registered representative for individuals will not be accepted. "Professional experience" refers to work that is analytical, evaluative, and interpretive; requires a range of basic knowledge of the profession's concepts and practices; and is performed with the authority to act and make accurate and informed decisions.