Senior Assistant Investment Manager

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:

Senior Assistant Investment Manager 16

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.

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.

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.

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.

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.

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…