Treasury Investment Specialist 13-15

Full Job Description

This position 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 include making recommendations to buy, hold, or sell investments based upon identifying qualitatively (via meetings, conference calls, reading, macro/micro research) and quantitatively (financial modeling) the drivers of risk and return, as well as playing a lead role in asset allocation recommendations and investment manager selection. Position provides opinion and supports recommendations to underwrite assigned investments. Position prepares regular reports as assigned to assist in monitoring fund performance and compliance in accordance with specific contract terms, with a high level of knowledge of all investment performance, compliance and legal requirements.

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 and associated pay range below:

Treasury Investment Specialist 13 ($34.88 - $50.60)
Treasury Investment Specialist 14 ($40.18 - $58.00)
Treasury Investment Specialist 15 ($44.48 - $65.69)

The "Salary" listed above is a range that reflects the minimum and maximum rate at the 13, 14, and 15 level. Candidates will be reviewed to determine what level they are qualified for based on education and experience.

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, or real estate management/financing.

Experience
Four years of professional experience equivalent to a Treasury Investment Analyst P11.

Please Note: A position is considered professional if the job requires a bachelor's degree. Qualifying professional experience is counted post bachelor's degree.

Qualifications

Alternate Education
Possession of a bachelor's degree in any major and a Chartered Financial Analyst (CFA) designation may be substituted for the education requirement.

Special Requirements, Licenses, and Certifications
Certain positions may be assigned subclass codes and individuals appointed must possess the required specialized experience.

Some positions may require designation as a Certified Commercial Investment Member (CCIM).

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 CFA designation. (Failure to do so may result in your application being screened out.)

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.Remote Work.

This position is eligible to work remotely on Mondays, Thursdays, and Fridays, and must work onsite Tuesdays and Wednesdays.

Selected candidate must have a safe and appropriate designated workspace or workstation for performance of work and secure and sufficient internet access of commercial cable or wireless broadband with minimum speeds of 25 Mbps download and 5 Mbps upload.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: https://www.michigan.gov/mdcs/-/media/Project/Websites/mdcs/JOBSPECS/T/TreasuryInvestmentSpecialist.pdf