Fixed Income Investment Officer

The Department of Revenue, Treasury Division is recruiting for a Fixed Income Investment Officer in Juneau!

This position is open to Alaska Residents only. Please check our residency definition to determine if you qualify.

Portfolio Management in the Treasury Division of the Alaska Department of Revenue manages over $59 billion in investments for the State’s retirement systems and other accounts. Portfolio Management directly invests in fixed income, public equity, and alternative investments including private equity, private credit, and real assets. The group has a long track record of successful investing that positively impacts the lives of Alaska retirees and residents.

Portfolio Management career opportunities offer a rewarding experience in dynamic capital markets and service to Alaskans.

As part of the fixed income investment team, this position supports portfolio managers in analysis, research, and reporting. The position is responsible for determining investable cash, monitoring trade operations, and addressing settlement issues. Successful candidates will have career opportunities to grow into direct investment and portfolio management responsibilities.

• Investable Cash Calculation and Cash Flow Forecast
  • Determine daily investable cash by compiling and reconciling cash flow information.
  • Verify collateral information and sufficiency for REPO transactions.
  • Transmit daily cash investment information with approved counter parties.
  • Forecast and incorporate new cash flow information to track cash movements for fixed income funds.
  • Generate and distribute internal reports to end users.
• Trade Processing and Settlement
  • Verify and transmit trade information and monitor pending trades.
  • Track and resolve settlement issues with the custodian bank and trading counter parties.
  • Draft wire instructions and compile supporting documents.
  • Maintain counter party delivery instructions and appropriate contact information.
• Portfolio Management and Monitoring
  • Provide counter parties with portfolio holdings updates and compliance documentation.
  • Collaborate with middle office to improve operational efficiency.
  • Adjust portfolio holdings in response to corporate actions.
  • Analyze and catalog investment procedures and documentation.
  • Generate monthly credit position exposures relative to the index.
  • Assist in monitoring portfolios for compliance with strategy and guidelines.
  • Perform other duties as assigned.

• Bachelor’s degree.
• Proficient with Microsoft Office applications.
• High level of critical thinking and attention to detail.
• Team orientation with strong communication skills.
• Self-starter and inquisitive with a desire to independently research and develop ideas.

• Experience with fixed income securities and investment.
• Progress towards an advanced professional designation (e.g., CFA, CPA).

The State of Alaska complies with Title I of the Americans with Disabilities Act (ADA). Individuals with disabilities, who require accommodation, auxiliary aides or services, or alternative communication formats, please call or 465-4095 in Juneau or  (TTY) or correspond with the Division of Personnel & Labor Relations at: P. O. Box 110201, Juneau, AK . The State of Alaska is an equal opportunity employer.