Investment Analyst 3, Fixed Income

Oregon State Treasury is recruiting for an experienced and seasoned Investment Analyst to join our Fixed Income team. This position will assist and support investment officers in their management of portfolios and trading activity.

Job Duties Summary

• Develop asset class, product and market knowledge to gain understanding of portfolio management process and approach.

• Identifying relative value by comparing current and historical relationships of curve steepness, spreads, broker/dealer inventories, and new issue securities versus secondary markets.

• Serve as a liaison between investment operations and portfolio management to ensure timely recording, settlement, reconciliation of trading activity and data integrity.

• Actively assist with management and trading for all internally managed fixed income portfolios, such as execution of fixed income trades with investment officer oversight.

• In coordination with Fixed Income Investment Officers, will assist with active management for all internally managed fixed income portfolios.

• Supports the OSTF Board by working with inquiring Local Government staffs to revise and/or develop and prepare investment policies for presentation to the OSTF Board under initial IO or SIO supervision.

• Actively assists with public fixed income external manager oversight, which includes identifying new investment opportunities and assists with new manager searches.

• At the discretion of the Senior Investment Officer, this position may perform onsite due diligence visits and document said visits.

• Develops and produces routine reporting across multiple data sources and systems in supporting the oversight of investment programs.

• Facilitates the tracking, updating, dissemination, and file retention of investment Management Agreements that pertain to the Fixed Income asset class.

• Assist in coordinating and participating in Fixed Income calls/meetings by tracking the receipt of relevant materials and maintaining electronic documentation notes of all such events.

• Aids in formulating board and committee materials such as memos and presentations.

Work Schedule

This position will have the opportunity for a hybrid (remote and in-office) work location schedule; in-office work will be predominately from Treasury's '‹Tigard office'‹. This position is required to work in the office one day per week with additional time in the office while in training.

Salary Range

$79,620'¬ - $122,400'¬ annually.

There is a 6.55% cost of living adjustment that will be applied to the salary listed above. This is scheduled to happen in either January or February 2025.

Job Classification

This position is classified as an '‹Investment Analyst 3'‹. This position is '‹a SEIU represented position'‹. The Investment Analyst 3 is the third and senior professional level of a three level series.

Required Minimum Qualifications

• A Bachelor's Degree in Business or Finance, or any other degree demonstrating the capacity for the above listed knowledge and skills and six years of professional experience in a similar analytical, operational or project management role; OR

• A valid certification as a Chartered Financial Analyst (CFA) and 5 years of experience; OR

• Any combination of experience and education equivalent to nine years of experience that typically supports the knowledge and skills for the classification.

• A Master's Degree in Business or Finance, or any other degree demonstrating the capacity for the above listed knowledge and skills will substitute for one year of the required experience.

Desired Attributes

Job Specific Attributes

• Experience with institutional investments such as from an asset manager, investment consultant, corporation, or public pension plan.

• Relevant investment analyst experience.

• Fixed income investment experience.

• Experience with the selection and due diligence of investment managers.

• Experience with risk management at the product or portfolio level.

• CFA designation or work towards the designation.

• Experience with eVestment, Blackrock Aladdin, Bloomberg or Factset.

• Experience overseeing external investment managers.

• Experience with complex Excel spreadsheets.

Core Attributes

• Respect ' Treats all individuals fairly and respectfully; works effectively with others; fosters an environment where opportunities to thrive are available to all; respects different values and viewpoints.

• Teamwork ' Acts in a professional, respectful, and courteous manner, recognizes the worth of others, and places the good of the team ahead of personal objectives.

• Flexibility ' Demonstrates willingness to change to meet organizational needs, professionally handles discomfort with a changing work environment, and remains calm in stressful situations.

• Communication ' Effectively articulates and exchanges information with internal and external stakeholders. Is prompt in responding to questions and inquiries.

• Initiative ' Takes appropriate action without waiting for explicit instructions, generates creative approaches to addressing problems and opportunities.

• Critical Thinking ' Identifies and weighs options, makes sound decisions after reviewing all relevant information, plans for potential problems, takes calculated risks, and recognizes impact of solutions.

• Time Management ' Prioritizes and manages time effectively across various competing tasks, demonstrating focus and adaptability, arriving on time for meetings, and meeting deadlines.

• Attention to Detail ' Demonstrates accuracy and thoroughness when accomplishing tasks.

How to Apply

You are required to upload your resume and a cover letter describing how you meet the desired attributes listed above. Please make sure the attributes and qualifications you possess are clearly demonstrated in your application materials. Following these instructions and providing this information will be used to determine which candidates will be selected to move forward in the process.

We will accept applications through the job announcement closing date, however, we may close this recruitment early, if we receive a well-qualified applicant pool. If interested, please apply early.

Benefits of Joining Our Team

• Low employee premium share for medical, dental, vision, and basic employee life (1% or 5% employee share);

• Robust paid leave package, such as vacation, personal business, holidays, sick leave, and floating day of leave;

• PERS retirement benefits;

• Support with training and development;

• Student loan forgiveness under the Public Service Loan Forgiveness Program (PSLF);

• Optional benefits include optional life, short & long term disability, accidental death and dismemberment, Oregon Savings Growth Plan (deferred compensation plan), flexible spending accounts, long term care insurance, employee assistance program, and more!

About Oregon State Treasury

Oregon State Treasury is focused on improving the financial well-being of all Oregonians. We provide low-cost programs for governments, and empower Oregonians to invest in themselves and their loved ones for a more secure future. Oregon State Treasury is led by State Treasurer Tobias Read. As Treasurer, he is the state's financial leader, the custodian of public funds and chief investment officer. We prioritize investing for the long term, doing business the right way, and empowering Oregonians to invest in themselves. We're proud of the work we do to help families, governments, and businesses succeed.

We are committed to cultivating a workplace that is diverse, inclusive, and respectful. We value and support the collective differences in who we are and celebrate the fact that everyone comes to the table as their own unique individual. We believe this commitment empowers our success and makes Oregon State Treasury an excellent place to work. As Treasury employees, our commitment to diversity, equity, and inclusion makes this a safe environment for us to ask questions, learn, and grow, and helps us to better serve Oregonians.

Our Values and Principles

INTEGRITY---INNOVATION---DIVERSITY---TRUST---PROFESSIONALISM---ACCESSIBILITY

Please visit the following webpage to learn more about Oregon State Treasury: https://www.oregon.gov/treasury/Pages/index.aspx

Special Information

• 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 professional references, driving records and fingerprint-based state and federal criminal and civil records. Adverse background data may be grounds for immediate disqualification.

• 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 Homeland Security form I-9, confirming authorization to work in the United States.

• 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.

• Consistent with the Americans with Disabilities Act (ADA), Oregon State Treasury will provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. Requests for reasonable accommodation applies to all aspects of employment, including the application process. If reasonable accommodation is needed, please call Oregon State Treasury at 503-378-4000 and request to be connected to Human Resources.