Alternatives Investment Officer
Oregon State Treasury (OST) is recruiting for the position of Alternatives Investment Officer. This position will be located in our Tigard, Oregon location. This position will report to the Senior Alternatives Investment Officer and is part of the Investment Division.
This recruitment will be used to fill one new position. This is a management service position.
OST is led by the State Treasurer, a constitutional officer and statewide elected official. The Treasurer serves as the chief financial officer for the state and is responsible for the prudent financial management of state money. The Treasurer serves a four-year term, and, if reelected, may hold the position for two terms. The current State Treasurer is Tobias Read, who was sworn into office in January 2017.
OST is an organization with a wide range of financial responsibilities, including (1) managing the state’s pension fund, (2) issuing all state debt, and (3) serving as the central bank for state agencies. OST manages the daily investment of over $100 billion in assets, held in a diversified investment portfolio of domestic and international equities, fixed income securities, alternative and opportunistic investments, real estate and cash. The 120+ member OST staff takes great pride in their statewide and national reputation for progressive approaches to service delivery.
The primary purpose of this position is to support the day-to-day investment and administrative activities of the Alternatives Portfolio, and to share the ongoing oversight of various investments with the Senior Alternatives Investment Officer. Beyond its performance objective, the Alternatives Portfolio was established to provide a source of diversification for OPERF, seeking less correlated and diversifying sources of returns, as well as inflation hedges or inflation-sensitive returns. The Portfolio is comprised both liquid and illiquid investments, spanning three primary sectors: Infrastructure (25%), Natural Resources (35%), and Diversifying Strategies (40%).
What you’ll be doing….
- Conducting independent evaluations of investment proposals.
- Screening prospective investments and performing due diligence.
- Working with legal counsel to negotiate terms and conditions.
- Managing relationships with existing general partners.
- Monitoring partnership compliance.
- Making presentations at board meetings.
- Performing industry and portfolio analysis.
What we are looking for…
- Eager to participate as a team player.
- Enjoys collaborative problem solving.
- Comfortable with change and with managing multiple work streams and project initiatives.
- Commitment to public service.
- Excellent oral communication and writing skills.
- Ability to get along with a wide cross section of people.
What we want…
Five years of investment management experience. AND;
A solid understanding of both public and private investment markets. AND;
A bachelor's degree in Finance or Business or any degree demonstrating the capacity for investment management knowledge and skills.
Note: An MBA or similar graduate-level degree, Chartered Financial Analyst, or Chartered Alternative Investment Analyst designation may substitute for two of the five years' experience requirement.
The Chartered Financial Analyst (CFA) designation or Chartered Alternative Investment Analyst (CAIA) designation or working toward the CFA designation or CAIA designation is preferred. Asset and portfolio management experience is also preferred.