Careers

Careers

Alternatives Investment Officer

Company:Oregon State Treasury
Location:OR
Date:03/12/2018

Salary Range begins at $112,428 Annually
Additional Potential of up to 30% of Base Compensation

GENERAL INFORMATION

Oregon State Treasury (OST) is recruiting for the position of Alternatives Investment Officer. This position will be located in our Tigard, Oregon location. This position will report to the Senior Alternatives Investment Officer and is part of the Investment Division.

This recruitment will be used to fill one new position. This is a management service position.

OST is led by the State Treasurer, a constitutional officer and statewide elected official. The Treasurer serves as the chief financial officer for the state and is responsible for the prudent financial management of state money. The Treasurer serves a four-year term, and, if reelected, may hold the position for two terms. The current State Treasurer is Tobias Read, who was sworn into office in January 2017.

OST is an organization with a wide range of financial responsibilities, including (1) managing the state’s pension fund, (2) issuing all state debt, and (3) serving as the central bank for state agencies. OST manages the daily investment of over $100 billion in assets, held in a diversified investment portfolio of domestic and international equities, fixed income securities, alternative and opportunistic investments, real estate and cash. The 120+ member OST staff takes great pride in their statewide and national reputation for progressive approaches to service delivery.

The primary purpose of this position is to support the day-to-day investment and administrative activities of the Alternatives Portfolio, and to share the ongoing oversight of various investments with the Senior Alternatives Investment Officer. Beyond its performance objective, the Alternatives Portfolio was established to provide a source of diversification for OPERF, seeking less correlated and diversifying sources of returns, as well as inflation hedges or inflation-sensitive returns. The Portfolio is comprised both liquid and illiquid investments, spanning three primary sectors: Infrastructure (25%), Natural Resources (35%), and Diversifying Strategies (40%).

OST offers an attractive benefit package that provides contributions toward Public Employee Benefit Board (PEBB) sponsored individual and family health and dental insurance and term life insurance. Other benefits include participation in the Oregon Public Service Retirement Plan (OPSRP), paid holidays and paid vacation, and both sick and personal leave time. Optional benefits include long- and short-term disability and participation in the Oregon Savings Growth Plan (a deferred compensation plan).

PUBLIC SERVICE LOAN FORGIVENESS PROGRAM: If you are employed by a government or not-for-profit organization, you may be able to receive loan forgiveness under the Public Service Loan Forgiveness Program (PSLF). Learn more to see whether you qualify at.

What you’ll be doing….

• Conducting independent evaluations of investment PSLF Program proposals.
• Screening prospective investments and performing due diligence.
• Working with legal counsel to negotiate terms and conditions.
• Managing relationships with existing general partners.
• Monitoring partnership compliance.
• Making presentations at board meetings.
• Performing industry and portfolio analysis.
What we are looking for…

• Eager to participate as a team player.
• Enjoys collaborative problem solving.
• Comfortable with change and with managing multiple work streams and project initiatives.
• Commitment to public service.
• Excellent oral communication and writing skills.
• Ability to get along with a wide cross section of people.

What we want…

Five years of investment management experience. AND;

A solid understanding of both public and private investment markets. AND;

A bachelor's degree in Finance or Business or any degree demonstrating the capacity for investment management knowledge and skills.

Note: An MBA or similar graduate-level degree, Chartered Financial Analyst, or Chartered Alternative Investment Analyst designation may substitute for two of the five years' experience requirement.

The Chartered Financial Analyst (CFA) designation or Chartered Alternative Investment Analyst (CAIA) designation or working toward the CFA designation or CAIA designation is preferred. Asset and portfolio management experience is also preferred.

HOW TO APPLY

Apply using the State of Oregon on-line recruitment system (link below):

Alternatives Investment Officer Application


We will accept applications through April 9th; however, we may close this recruitment early if we receive a well-qualified pool. If interested, please apply early.

The on-line recruitment program will require you to:

1) Fill out the application
2) Upload your resume
3) Upload a cover letter that describes your experience, education and training related to the desired attributes listed below (no more than three pages in length):

• A broad demonstrated knowledge of alternative investment strategies and markets, as well as a familiarity with the infrastructure, natural resources, and diversifying strategies asset classes. Describe how you obtained this knowledge and your plan to continue advancing your knowledge in your field.
• Experience selecting, monitoring, and managing financial relationships. Describe your investment analysis skills.
• Describe your ability and experience with communicating complex elements of managing alternative investment portfolios (include how you articulate key issues to multiple constituencies).
• Educational background with a firm grounding in economics and investments.
• A demonstrated commitment to integrity, ethics, and independence. Familiarity with CFA Institute Standards of Practices Handbook.
• Ability and willingness to travel out of state and out of country.

Note: Application will not be accepted without all required materials including a resume and cover letter.

BACKGROUND CHECK
Prospective employees are subject to an extensive background check that may include, but not be limited to, validation of all application materials, prior employment and personal references, credit history, driving records and fingerprint-based state and federal criminal and civil records. Adverse background data may be grounds for immediate disqualification.

WORK AUTHORIZATION
OST does not offer visa sponsorships, and within three days of hire, the successful candidate will be required to complete the U.S. Department of Justice form I-9, confirming authorization to work in the United States.

VETERANS' PREFERENCE
Eligible veterans who meet the qualifications will be given veterans' preference. To receive preference you MUST attach appropriate documentation as outlined by the Department of Administrative Services at the following website: Veterans Resources . You may also call the Oregon Department of Veterans' Affairs at 1-800-692-9666

OST is an equal opportunity, affirmative action employer committed to a diverse workforce