SENIOR INVESTMENT ANALYST
Career Family: INVESTMENT ANALYST
Senior Investment Analyst is a competitive state title, the kind you test for: the exam result, not a hiring manager's pick, decides where you land in line.
You can qualify with a master's degree or, if you do not have one, by piling up more experience instead. Pay on the FY 2027 schedule runs $110,276 to $162,870, and state payroll lists a single employee in the title, at Treasury.
How to apply
This title is filled by competitive examination.
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
Senior Investment Analyst appears on the State payroll at one department, Department of Treasury.
State departments
| Employer | Employees |
|---|---|
| Department of Treasury | 1 |
State payroll and independent authority payroll are separate systems and are never merged. See data sources.
Who employs this title
State payroll records show 1 person working under this title. The median actual salary is $157,363. The agencies employing the most are:
- Treasury (1)
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 direction of an Investment Officer or other supervisory official in the Division of Investment, Department of the Treasury: (a) supervises the work of Investment Analysts and prepares performance evaluations; (b) monitors the fundamental operation of companies and prepares comprehensive analyses of stocks, bonds, and other assigned securities; (c) prepares and supervises the preparation of Investment Supervisory Bulletins in conformance with schedules set forth by the State Investment Council; and (d) monitors the South African status of companies of assigned portfolios, and assists in monitoring the compliance with South African divestment laws, regulations, and guidelines. Gives periodic presentations to the State Investment Council; (e) As a member of the committee(s) of assigned asset classes, discusses and makes decisions concerning securities selection and tactics. Administers a model portfolio; does related work as required.
Examples of work
Assists in the planning and supervision of work programs, office procedures, and activities of Investment Analysts. Assists in developing procedures for the maintenance of complete files and statistical records of the industries, companies, and government agencies whose debt or stock is held by the New Jersey Investment Funds including companies and agencies that are possible for future purchases. Meets with brokerage sales and analytical personnel to augment information obtained from companies, and obtains from them advice concerning the prospects for these companies and their securities. Meets with senior officials of companies whose stocks or bonds are owned or are being considered for purchase for the purpose of monitoring their operations and assessing their prospects. Assists in the development of procedures for the updating of investment division records as to divided payments, stock dividends, stock splits, name changes, bond redemptions, rating changes, mergers, and bond calls. Prepares certain Investment Supervisory Bulletins and supervises the preparation of others. Assists in the supervision of the preparation of clear, technically sound, accurate, and comprehensive reports of investments and related matters containing findings, conclusions, and recommendations. Supervises the work operations and/or functional programs and has responsibility for employee evaluation and for effectively recommending the hiring, firing, promoting, demoting and/or disciplining of employees. Prepares and maintains records concerning the South African status of companies of current and potential interest to assigned portfolio(s) and helps to monitor the compliance with the laws and regulations governing South African divestment and assists in preparation of criteria relating to South African involvement. Is a member of the committee(s) of assigned asset classes and as such participates in discussions of securities selection and tactics; may act as secretary to committee meetings. Administers the model portfolio, helping to establish rules and guidelines for the management of that portfolio. Assists in supervising the maintenance of essential division records and files. Will be required to learn to utilize various types of electronic and/or manual recording and information systems and software programs used by the agency, office, or related units.
Requirements
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 the laws of the State of New Jersey pertaining to the administration and investment of various state funds and rules, regulations, and procedures of the Department of theTreasury and the State Investment Council pertaining to state investments and fund analyses. Knowledge of the firms engaged in the securities business in the metropolitan area including New York, Philadelphia, and New Jersey. Knowledge of prospectuses, proxy statements, and bond indentures for the purpose of recommending an appropriate course of action to the Investment Officer and Deputy Director. Knowledge and understanding of the methods and techniques used by companies to finance growth, both short and long term, involving bank borrowing, commercial paper, sales of debt and/or equity, and the resulting impact on corporate financial strength and earnings. Knowledge of accounting practices and understanding of the impact on corporate balance sheets, earnings, and cash flow implied by changes in these practices. Knowledge of the role of fiscal and monetary policy on interest rates, economic growth, and inflation. Knowledge of the activities and operations of publicly and privately owned companies on a fundamental basis. Knowledge of the quality of credit of bond holdings and new issue bonds. Knowledge and understanding of the responsibilities and appropriate work assignments of the professional and clerical staff. Knowledge of the Federal Tax Code as it relates to the corporate sector. Knowledge of foreign currency and its impact on investment activity. Knowledge of computers and computerized databases as a source of financial data. Ability to plan and direct investment research activities and projects. Ability to monitor and evaluate the activities and operations of publicly and privately owned companies on a fundamental basis. Ability to monitor and evaluate the quality of credit of bond holdings and new issue bonds, and to assist in the development of methods to further improve this function. Ability to present oral and written, well-documented opinions and recommendations to senior staff. Ability to analyze and evaluate high risk investments. Ability to assign and instruct Investment Analysts and supervise the performance of their work. Ability to conduct a fruitful interview with senior management of publicly and privately owned companies and to supervise such interviews. Ability to supervise staff in the use of proper judgment in the maintenance of essential files and records (corporate reports, newspaper clippings, brokerage reports, and so forth) applicable to monitoring the fundamental outlook for stocks and bonds. Ability to learn to utilize various types of electronic and/or manual recording and information systems and software programs used by the agency, office, or related units. Ability to read, write, speak, understand, or communicate in English sufficiently to perform the 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 as long as they can perform the essential functions of the job after reasonable accommodation is made to their known limitations. If the accommodation cannot be made because it would cause the employer undue hardship, such persons may not be eligible.
Note
The examples of work for this title are for illustrative purposes only. A particular 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. 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. Ten (10) years of professional experience with a public or private organization as a practicing securities analyst involved with researching and monitoring corporate performance and preparation of detailed reports containing recommendations, three (3) years of which shall have been in a supervisory capacity. Three (3) years of this experience shall have been within the most recent ten (10) 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; and six (6) years of the above-mentioned professional experience, three (3) years of which shall have been in a supervisory capacity. Three (3) years of this experience shall have been within the most recent ten (10) year period. OR Possession of a Master's degree from an accredited college in Business Administration (M.B.A.), Accounting, Finance, Economics or a related field; and six (6) years of the above-mentioned professional experience, three (3) years of which shall have been in a supervisory capacity. Three (3) years of this experience shall have been within the most recent ten (10) year period. NOTE: Experience involving retail investment and retail research will not be acceptable. Experience as a registered representative for individuals is not acceptable for this position. "Professional experience" refers to work that is creative, analytical, evaluative, and interpretive; requires a range and depth of specialized knowledge of the profession's principles, concepts, theories, and practices; and is performed with the authority to act according to one's own judgment and make accurate and informed decisions.