Investment Mgr/Sr Investment Mgr

The investment manager/senior investment manager is responsible for managing and monitoring investment activities of Berkshire Hathaway Energy Companies’ (BHE) select qualified and non-qualified retirement portfolios within the Defined Benefit (DB) and Defined Contribution (DC) plans and maintains compliance with fiduciary responsibilities. Works closely with investment, foundations, and nuclear decommissioning trust committees, consultants, actuaries and other external advisors. Oversee preparation of investment groups’ monthly monitoring reports, quarterly and committees’ materials and reports, including collecting and reporting investment results for all BHE subsidiaries’ portfolios. The senior investment manager will assist the Senior Director, Investments in the coordination of department activities by providing technical guidance and direction to other department staff.    

This is a multi-level posting. Candidates may be considered for any of the posted levels, depending on their level of experience and depth of expertise.

Bachelor's degree in finance, economics, engineering, math or computer science, advanced degree such as an MBA or master’s degree in related field and/or professional certification such as CFA preferred. 

Five years of prior experience in the areas of investments, corporate finance, asset management, data analytics or a related area for the investment manager position. 

Seven years of prior experience in the areas of investments, corporate finance, asset management, data analytics or a related area for the senior investment manager position. 

Prior hands-on experience on investment funds, qualified and non-qualified pension trusts and retirement savings trusts, company owned life insurance products, rabbi trusts and other institutional portfolios are highly desired. 

Advanced knowledge of equities, bonds, alternative assets and derivative products. 

Solid understanding of macro drivers in financial markets and global economy. 

Understanding of monitoring controls applied to third party pricing services utilized to measure the fair value of certain financial instruments. 

Effective analytical, problem-solving, data analysis and decision-making skills to interpret investment, economic, financial and accounting information. 

Excellent verbal and written communication skills, and presentation skills. 

Effective interpersonal and collaborative skills and leadership abilities. 

Project management skills: ability to prioritize and handle multiple tasks and projects concurrently. 

This is a multi-level posting. Candidates may be considered for any of the posted levels, depending on their level of experience and depth of expertise.

Oversee performance of various assets classes contained in the company's select qualified and non-qualified retirement plans, as well as other trusts and institutional investment portfolios. Assigned retirement trusts and investment portfolios may include qualified DB, DC and voluntary employees' beneficiary association (VEBA) portfolios, deferred compensation plans, nuclear decommissioning trusts, long-term incentive plans (LTIP), BHE and Affiliate foundation portfolio and other institutional portfolios. (30%) 

Work closely with investment consultants, trustees, actuaries, record keepers and auditors to perform required tasks for the institutional portfolios. Assist Senior Director of Investments in formulating specific guidelines for investment managers and critiquing performance with respect to benchmarks and corresponding universes. Monitor activities of these advisors and money managers regarding compliance with the pension and employee benefits plan administrative committee, nuclear decommissioning trust administrative committee and company management. (30%). 

Provide technical leadership, guidance and support to finance personnel at other Berkshire Hathaway Energy platforms in managing corporate reporting processes and maintaining compliance with regulatory requirements. Examine data from platforms for accuracy and complete for final delivery to upper management corporate reports which include but are not limited to monthly monitoring reports, quarterly and annual committees’ and other confidential reports. Use Morningstar, Bloomberg and various websites to collect/update data for various market indices used as benchmarks for both qualified and non-qualified retirement plans well as other institutional portfolios. (10%) 

Examine current contracts with managers, consultants, actuaries, and trustees to make sure that the company gets all the promised services and is also charged fairly. Study prospectuses and fund documents to determine that investment fees are transparent and fully disclosed. (10%) 

Prepare quarterly and annual reports to company's auditors about fair valuation in the pension, retirement savings and VEBA trusts. Perform an annual review of Service Organization Controls/Statement of Standards for Attestation Engagements reports published by service providers as required by Internal Audit. (10%) 

Assist nuclear decommissioning trust administrative committee in analyzing investment and regulatory issues regarding the nuclear decommissioning trusts. Prepare state and federal regulatory reports regarding funding status or investment activities of nuclear decommissioning trusts. (10%) 

Develop project plans, provide direction and assist in coordination of department activities and in completion of periodic investments group projects. Perform additional responsibilities as requested or assigned.