Treasury Investment Specialist 13-15
State of Michigan
OlderPosted Dec 22
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Posted: January 8, 2026 (7 days ago)
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Senior Assistant Investment Manager 16
State of Michigan
Treasury
Location
Michigan, 48909
Salary
$122,334 - $174,765
per year
Type
Full Time
More Management & Supervision jobs →Closes
January 22, 2026More State jobs →
Job Description
Summary
This role involves helping lead a team that researches, analyzes, and manages short-term fixed income investments for Michigan's large state pension fund and other public funds.
The position supports the division head in setting policies, hiring staff, reviewing investment ideas, and making key decisions on portfolio management.
It's ideal for someone with finance experience who thrives in a collaborative, fast-paced environment with opportunities for remote work and professional growth.
Key Requirements
- Bachelor's degree in business administration, accounting, finance, economics, real estate management/financing, or a related field
- Or, bachelor's degree in any field plus one of: CFA, CPA, CAIA, or CTP designation
- Two years of professional experience in investment, financial, or economic administration as a manager, program specialist, or staff specialist (post-bachelor's)
- Ability to assist in planning, directing, and organizing fixed income portfolio strategies
- Skills in reviewing and screening investment recommendations
- Responsibility for making investment decisions and monitoring assigned investments
- Experience in a professional role requiring a bachelor's degree
Full Job Description
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THIS POSITION IS LIMITED TO A TERM NOT TO EXCEED TWO YEARS. INCUMBENT MAY BE RE-APPOINTED TO ADDITIONAL TERMS
**This position offers the ability to work remotely three days per week with a Flexible/Hybrid work schedule. **
The Senior Assistant Investment Manager/Assistant Administrator will be responsible for assisting the Division Administrator of the Fixed Income Division (“FID”) in the planning and directing of the research, analysis and investment of the short-term fixed income portfolios for the multi-billion-dollar State of Michigan Retirement Systems (SMRS) pension fund. The Senior Assistant Investment Manager/Assistant Administrator will assist the Division Administrator in the overall planning, organization and establishment of policies and guidelines for the FID portfolios of short-term fixed income securities and collateral pledged to the State Treasurer to secure the deposit of State funds, State Authority funds, Michigan Education Trust (“MET”) funds, and insurance companies, will assist in the hiring of personnel, and will review and screen investment recommendations. The Senior Assistant Investment Manager/Assistant Administrator will also maintain full responsibility for investment decisions and monitoring and managing assigned investments.
Our culture is driven by excellent customer service, continuous improvement, and employee development. The Department of Treasury promotes and supports Diversity and Inclusion. If you enjoy working in a fast-paced, team-oriented environment that still offers a great work/life balance, we encourage you to apply! To learn more about this position, review the position description below:
Position Description: Senior Assistant Investment Manager 16
Department of Treasury Careers -Learn more about why Treasury is a Great Place to Work!
Requirements
Education
Possession of a bachelor's degree in business administration, accounting, finance, economics, real estate management/financing, or a related field; or, a bachelor's degree in any major and a Chartered Financial Analyst (CFA), Certified Public Accountant (CPA), Chartered Alternative Investment Analyst (CAIA), or Certified Treasury Professional (CTP) designation.
Please Note: A position is considered professional if the job requires a bachelor's degree. Qualifying professional experience is counted post bachelor's degree.
Experience
Two years of professional investment, financial and/or economic administration experience as a manager, program specialist, or staff specialist.
Please Note: A position is considered professional if the job requires a bachelor's degree. Qualifying professional experience is counted post bachelor's degree.
Additional Information
Please attach a cover letter, detailed resume, and a copy of your OFFICIAL college transcript(s) to your application and/or if applicable your active CFA, CPA, CAIA or CTP designation. (Failure to do so may result in your application being screened out.)
Remote Work. This position is eligible to work remotely on Mondays, Thursdays, and Fridays, and must work onsite Tuesdays and Wednesdays. The selected candidate must have a secure, safe and appropriate designated workspace that allows privacy and prevents distractions to perform the duties of this position. Additionally, the selected candidate must have secure and sufficient internet access of commercial cable or wireless broadband with minimum speeds of 25 Mbps download and 5 Mbps upload. Please note that remote work arrangements are subject to management approval and may be adjusted or discontinued at any time.Official Transcripts.
For our purposes, "official college transcripts" must contain the college/university name and address, the degree conferred, and date granted, coursework completed (especially if no degree granted), the Registrar's signature and/or seal, and MUST be recognized by the Council on Higher Education Accreditation (CHEA).
A scanned or electronic copy is acceptable, as long as it contains the elements listed above.Foreign Transcripts.
Applicants who possess a degree from a foreign college or university MUST have their academic credentials evaluated or converted into U.S.
educational equivalents unless the degree has been recognized by the Council on Higher Education Accreditation (CHEA).
Go to evaluators for a list of accepted organizations that evaluate foreign credentials.
Failure to provide this evaluation at the time of application may result in you being screened out of the process.
Out-of-State Travel. This position requires independent out-of-state travel utilizing airplanes, trains, cars, taxicabs, buses, ships, etc. and requires the availability to travel after hours, evenings and/or weekends, as needed, for work-related purposes.
Work must be performed in the state of Michigan. If you currently reside outside of Michigan, you must relocate to Michigan to perform the duties of this position prior to being appointed to the position. Relocation expenses are not reimbursed.
Interviews. Interviews may occur virtually using Microsoft Teams. No prior experience with Teams is necessary, as instructions and tips will be provided to all candidates scheduled for an interview.
AI. The use of artificial intelligence (AI) software is prohibited. If it is substantiated that AI was used in the process, your application may be removed from consideration.
E-Verify. The Michigan Department of Treasury participates in E-Verify and will provide the federal government with your form I-9 information to confirm that you are authorized to work in the U.S.
Note: Your application for this position does not guarantee you will be contacted by the Department for further consideration. Only those applicants interviewed will be notified of the results; however, all applicants can view their application status in their NEOGOV profile.
View the classification specification at: Job Specification
The Michigan Department of Treasury is proud to be recognized at the Gold Level as a Veteran-Friendly Employer.
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