Treasury Investment Specialist

Overview

This position offers the ability to work remotely three days per week with a Flexible/Hybrid work schedule. The role is responsible for making recommendations for investment purchases, sales, and holds in companies or limited partnerships in one or more specific industries and other closely related business fields for the Real, Opportunistic, and Absolute Return Division (ROAD) portfolio of the multi-billion-dollar State of Michigan Retirement Systems (SMRS) pension fund and manages one or more investment portfolios.

Management of such funds includes making recommendations to buy, hold, or sell investments based upon identifying qualitative and quantitative drivers of risk and return, as well as playing a lead role in asset allocation recommendations and investment manager selection. The position provides opinion and supports recommendations to underwrite assigned investments. The position prepares regular reports to assist in monitoring fund performance and compliance in accordance with contract terms, with a high level of knowledge of all investment performance, compliance and legal requirements.

• Make investment recommendations for purchases, sales, and holds in companies or limited partnerships.
• Manage one or more investment portfolios and provide asset allocation recommendations.
• Select and evaluate investment managers.
• Prepare regular performance and compliance reports.
• Identify qualitative and quantitative drivers through meetings, research, and financial modeling.

• Treasury Investment Specialist 13: $34.88 - $50.60
• Treasury Investment Specialist 14: $40.18 - $58.00
• Treasury Investment Specialist 15: $44.48 - $65.69

• Possession of a bachelor's degree in business administration, accounting, finance, economics, or real estate management/financing.
• Four years of professional experience equivalent to a Treasury Investment Analyst P11.
• Alternate requirement: bachelor's degree in any major and a Chartered Financial Analyst (CFA) designation may be substituted for the education requirement.
• Subject to qualification:
  Certified Commercial Investment Member (CCIM) may be required.

• Certain positions may require subclass codes and specialized experience.
• Designation as a Certified Commercial Investment Member (CCIM) may be required.

Please attach a cover letter, detailed resume, and a copy of your official college transcript(s) to your application. (Failure to do so may result in your application being screened out.)

Official Transcripts must contain the college/university name and address, the degree conferred, and the date granted, coursework completed, Registrar's signature or seal, and must be recognized by the Council on Higher Education Accreditation (CHEA). Electronic or scanned copies are acceptable if they contain these elements.

Foreign Transcripts must have their academic credentials evaluated or converted into U.S. equivalents unless recognized by CHEA. Evaluation must be provided at the time of application.

Documents may be uploaded in the application portal.

This position is eligible to work remotely on Mondays, Thursdays, and Fridays, and must work onsite Tuesdays and Wednesdays. The candidate must have a safe and appropriate workspace and secure internet access with at least 25 Mbps download and 5 Mbps upload. Work must be performed in the state of Michigan. If you currently reside outside Michigan, you must relocate prior to appointment.

Relocation expenses are not reimbursed.

Interviews may occur virtually using Microsoft Teams. No prior experience with Teams is required.

AI software is prohibited in the application process. Any AI use may result in removal from consideration.

E-Verify:
The Michigan Department of Treasury participates in E-Verify.

Note:

Your application does not guarantee contact for further consideration. Only interviewed applicants will be notified.

View the classification specification at: https://(Use the "Apply for this Job" box below)./

The Michigan Department of Treasury is proud to be recognized at the Gold Level as a Veteran-Friendly Employer.