Senior Investment Manager 18

The Senior Investment Manager (SIM) of the Fixed Income Division (FID), in conjunction with the Chief Investment Officer, Deputy Chief Investment Officer and the Managing Director of Investments-Public Markets of the Bureau of Investments (BOI), leads the fixed income asset class for the State of Michigan Retirement System. This senior level position formulates portfolio investment strategies for the long and short-term fixed income asset class including the purchase, disposition, or restructure of fixed income investments.

 This position is responsible for the overall planning and directing of the research, analysis, and the FID's associated investing activities for the multi-billion-dollar SMRS pension fund.  The SIM serves as the asset manager/portfolio manager and performs asset management oversight of assigned investments, including external managers.  The SIM is responsible for conducting in-depth research, market analysis, and due diligence of assigned investments.

 The SIM assigns, reviews and evaluates the work of the FID staff and is responsible for the FID's investment returns.  The SIM is responsible for producing various quarterly financial and portfolio reports as needed by the FID and the BOI.

View full position description here: Senior Investment Manager 18 Position Description

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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.

Experience

Four years of professional investment, financial and/or economic administration experience as a manager, program specialist, or staff specialist; OR two years of experience as a Senior Assistant Investment Manager.

Note:  A position is considered professional if the job requires a bachelor's degree.

Qualifying experience is counted post bachelor's degree.  Please attach a cover letter, detailed resume, and, if applicable, a copy of your OFFICIAL college transcript(s) to your application. 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), and the Registrar's signature and/or seal.

 A scanned or electronic copy is acceptable if it contains the elements listed above. The college/university does not have to send the transcripts directly to Treasury. Review more information regarding official 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.

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 prior to your appointment to perform the duties of this position. Relocation expenses are not reimbursed.

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.

Interviews will likely 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.

View the job specification at: https://www.michigan.gov/-/media/Project/Websites/mdcs/JOBSPECS/S/SeniorTreasuryInvestmentSeries.pdf