Eaton is currently seeking an Investment Specialist to join our team. This position is based at our Corporate Headquarters in Beachwood, OH. Relocation assistance is provided.
Position Overview:
The Investment Specialist will provide investment due diligence analysis and recommendations in relation to the company’s $12B+ global retirement asset portfolios. In collaboration with the Manager – Investments and Director – Capital Markets, the Specialist is responsible for investment due diligence, administration and compliance of the company’s global retirement asset pools (approximately $12B). The company’s primary U.S. defined benefit plans dynamically allocate across multiple asset classes (traditional and alternative) on a global basis. The Investment Specialist will specialize in investment due diligence of the plans’ investments, including researching new investment opportunities and making recommendations to the Manager – Investments. The Specialist will be responsible for original, independent investment research for use in making recommendations to an investment committee of the company’s most senior executives. Candidates should have proven, successful experience making investment recommendations to institutional asset owners.
Making what matters work at Eaton takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each and every day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours.
In this role, you will:
Position Overview:
The Investment Specialist will provide investment due diligence analysis and recommendations in relation to the company’s $12B+ global retirement asset portfolios. In collaboration with the Manager – Investments and Director – Capital Markets, the Specialist is responsible for investment due diligence, administration and compliance of the company’s global retirement asset pools (approximately $12B). The company’s primary U.S. defined benefit plans dynamically allocate across multiple asset classes (traditional and alternative) on a global basis. The Investment Specialist will specialize in investment due diligence of the plans’ investments, including researching new investment opportunities and making recommendations to the Manager – Investments. The Specialist will be responsible for original, independent investment research for use in making recommendations to an investment committee of the company’s most senior executives. Candidates should have proven, successful experience making investment recommendations to institutional asset owners.
Making what matters work at Eaton takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each and every day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours.
In this role, you will:
- Support the development of presentation materials for the Pension Investment Committee and Finance Committee of the Board of Directors.
- Lead and participate in investment due diligence idea generation. Assignments will include both traditional assets classes (public equities / fixed income) and alternative asset classes (hedge funds, private equity, real estate).
- Make recommendations to add or remove investment managers after significant due diligence, as well as maintain relationship for the manager once added to the portfolio.
- Ensure the accuracy and timeliness of information entered into the investment team’s return and risk management tools.
- Develop reporting and interpret the output for actionable investment portfolio modifications. Provide commentary to various stakeholders in a simple, easy to understand manner. Recommend and implement process improvements where necessary.
- Monitor the daily positioning of our main defined benefit plans. Recommend tactical trades around the approved asset class allocation range targets.
- Keep abreast of investment market conditions and support the Manager on tactical and long-term strategic investment opportunities.
- Review the fund performance and fees paid by the company’s major defined contribution plans. Recommends changes/improvements to reduce fees and drive Retirement Readiness for our participants.
- Assist in the negotiation phase with current and prospective third-party providers. Act as the primary liaison between the investment team and legal advisors.
- Support research and projects across treasury departments
When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we — as individuals and as a company — are stronger. Qualifications
Required (Basic) Qualifications:
- Bachelor’s degree in Accounting, Business, Economics, Finance, and/or Mathematics from an accredited institution
- Minimum five (5) years’ experience in Asset Management, Investment Banking and/or Management Consulting
- Must be authorized to work in the United States without company sponsorship now or in the future
Preferred Qualifications:
- MBA or Master of Science in Business, Economics, Finance or Mathematical Sciences
- CFA
- CAIA
- Substantial manager selection experience including alternative investment managers
- Strong system skills, experience with Bloomberg and treasury management systems
Position Success Criteria:
- Substantial manager selection experience including alternative investment managers
- Strong system skills, experience with Bloomberg and treasury management systems
- Highly advanced skills related to institutional asset management on a global scale
- Knowledge of institutional asset management
- Expert-level proficiency in Excel and PowerPoint
We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant’s race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.
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