Sr. Governance Manager (Manager of ESG and Corporate Responsibility) at Maryland State Retirement Agency

BALTIMORE, MD 21202

About the Job

*** Deadline to apply: October 10, 2024 11:59 PM ***

Introduction:

The Maryland State Retirement Agency (the “Agency”) is the administrator of the Maryland State Retirement and Pension System (the “System”). The System is a multi-employer, public employees’ benefit retirement system composed of twelve (12) separate retirement and pension systems with additional plan components, covering approximately 245,000 active members and more than 160,000 retires and beneficiaries.

The Agency is seeking a committed professional to serve as Senior Governance Manager within the Investment Division (the “Division”). The Senior Governance Manger will lead the Division’s Governance program, which includes but is not limited to, Environmental, Social and Governance (the “ESG”) analysis, creating an inclusive environment through Diversity, Equity and Inclusion (“DEI”) efforts, divestment, proxy voting and related processes, and engagement initiatives with corporate issuers, lawmakers, and governance organizations. The Senior Governance Manager will report to the Deputy Chief Investment Officer and will be an active member of the Division. This individual will work collaboratively with the Chief Investment Officer, Deputy Chief Investment Officer, Managing Directors, Risk Manager, staff of the different asset classes, the internal ESG Committee and DEI Committee, to support the overall investment program. The position will staff the Board’s Corporate Governance and Securities Litigation Committee. This position offers the successful candidate the opportunity to build a full governance program within the division focused on integrating the investment process with responsible ownership.

The Agency’s investment team drives results through creative problem solving, working together to manage a global multi-asset portfolio, and to provide a secure base of assets to pay the current and future benefits for the underlying retirees and beneficiaries. The Investment Division is committed to providing a work environment that provides the investment team members a complete understanding of the institutional investment process, rewarding career paths, and a diverse and inclusive workplace that embraces both analytical and creative thinkers.

This position serves at the pleasure of the Appointing Authority.

Main Purpose of Job:

The Senior Governance Manager is responsible for all aspects of the governance program for the Investment Division including developing appropriate standards, policies, and processes for the implementation and management of the program; and providing guidance and advice to the Chief Investment Officer, Senior Investment Division staff, management at the Agency, and the Board of Trustees. The governance program includes, but it’s not necessarily limited to, the areas of ESG, DEI, climate, divestment, proxy voting and related processes, and the engagement initiatives with corporate issuers, policy makers and governance organizations.

The responsibilities of the Senior Governance Manager will include leading the ESG and DEI initiatives of the Investment Division including monitoring, evaluating, and quantifying the risks and effects of ESG and DEI on the portfolio and the Investment Division.

The Senior Governance Manager is responsible for the management of and providing advice to the Board’s Corporate Governance and Securities Litigation Committee on all related governance topics.

***For more information about this job and to apply, please visit this link:
Job Announcement: Sr. Governance Manager - State of Maryland (jobapscloud.com)

*** Deadline to apply: October 10, 2024 11:59 PM ***

Salary

137,896 - 261,657 /year