Investment Officer, Cash Management Investment Officer

Investment Officer, Cash Management

Investment Officer

Travel Required: Yes; 10%

Salary Range: $68.38 - $96.94 / hourly; $142,777 - $202,410 / annually

Telework Eligible: Yes, up to 3 days per week; will be expected to work in office as needed during the first six (6) months of employment

About the Opportunity:

The Investment Officer will work as part of the Minnesota State Board of Investment’s (SBI) Internal Cash Desk – a small team within the larger SBI organization consisting of a long-tenured SBI Investment Officer and investment operational support staff.  The Internal Cash Desk is responsible for conducting day-to-day trading of fixed income securities, formulating portfolio positioning in accordance with return and risk objectives, and executing the strategy across the Invested Treasurer’s Cash Pool, Debt Service and other accounts.  The position will conduct fixed income credit research in support of the Desk’s approved issuer list and prepare and present written reports to the larger SBI team.  The Officer will also evaluate investment portfolio performance and contribute to portfolio risk management and process improvement efforts.  In addition to the Cash Desk team, the incumbent will work with other investment staff across the SBI.

Qualifications:

Minimum Qualifications –

• Bachelor’s Degree in accounting, economics, finance, mathematics, or a related field.
• At least three (3) years of professional experience as an analyst, researcher, consultant or similar position within finance or investment setting.
• Experience with investment related analytical tools including Bloomberg, FactSet, eVestment, or Morningstar.
• Intermediate-to-advanced skill level in Microsoft Excel.
• Successful completion or pursuit of the Chartered Financial Analyst (CFA) program will be required of the successful applicant within the first twelve (12) months of hire.

Preferred Qualifications –

• Advanced level degree in accounting, economics, finance, mathematics, or a related field.
• Experience with public pension and state Treasury issues and practices.
• Experience with investment strategies across fixed income markets.

Additional Requirements:

It is the policy of the Retirement Systems of MN that all employees submit to a background investigation prior to employment. The background check may consist of the following components:

• SEMA4 Records Check (applies to current and past State employees only)
• Criminal History Check
• Employment Reference Check
• Social Security and Address Verification
• Education Verification
• Driver's License Check

The Retirement Systems will not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.

Why Work for Us:

The State of Minnesota also has over 100 state agencies, so the possibilities of serving our great state through a multitude of programs and roles are endless! The State of Minnesota also has our own Enterprise Talent Development department to keep your skills and knowledge sharp. You may also qualify for Public Service Loan Forgiveness, which forgives the remaining balance of your student loans after 120 qualifying monthly payments!

What’s also great about this job is the competitive wage and comprehensive benefits package including low cost/high value medical and dental insurance, employer paid life insurance, retirement plan, health care savings plan, generous vacation and sick leave, paid holidays, and numerous tax-deferred benefit options (e.g., 457B investment plan, long and short-term disability plans, etc.). Benefits offered are:

• Medical and dental insurance
• Life insurance
• 11 paid holidays per year
• Parental leave
• Pension and retirement saving plan
• Vacation and Sick leave
• Long and short term disability insurance

HOW TO APPLY: 

Click here to apply directly.

Job Posting Number:

Posting Closes: