Investment Specialist-Treasury Specialist V Job at Maryland State Treasurer's Office
JOB
This position assists the Chief Investment Officer (CIO) by carrying out daily operations in order to execute short-term and long-term investment strategies developed by the Deputy. Tasks include, but are not limited to:
verifying, in conjunction with the State’s Contracted disbursement bank, the State’s daily cash balance
investing non-committed cash, under the direction of the CIO
soliciting rate quotes from authorized brokers for daily trades
ensuring documentation of all investment transaction activity is complete and accurate
posting portfolio transactions to the investment software daily
monitoring daily cash flows through wires, reconciliations, etc. in order to support the CIO with cash projections
confirming trades are collateralized by the Safekeeping Agent at 102% of invested dollars
calculating monthly interest allocation for authorized State agencies
reconciling and reporting
verifying/auditing confirmation tickets sent by brokers
MINIMUM QUALIFICATIONS (Required):
Education: Possession of a bachelor’s degree from an accredited four-year college or university in the field of accounting, finance, or business administration, including or supplemented by at least 12 hours in accounting.
Experience: Five years of professional experience in accounting, finance, cash management analysis, or investments.
Notes:
1. Possession of a certificate as a Certified Public Accountant may be substituted for two years of the required experience.
2. Applicants may substitute graduate education in an academic field related to the required experience from an accredited college or university at the rate of one year of education for one year of the required experience.
3. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in financial administration and program classification or financial administration specialty codes in the accounting and budget group field of work on a year-for-year basis for the required experience and education.
SELECTIVE QUALIFICATION (Required):
Two of the five years of experience stated above must be specifically handling cash management
PREFERRED QUALIFICATIONS:
Knowledge of government securities investing
Ability to analyze basic economic and financial market trends and make rudimentary investment recommendations in relation to financial goals
Experience working in Bloomberg or other relatable investment software
Advanced skill in MS Excel, including formulas, reconciling tools, tables & graphs, etc.
Skill in attention to detail
LIMITATIONS ON SELECTION: Candidates must be willing to work onsite in the Annapolis area.
SPECIAL REQUIREMENTS: All candidates will be subject to a background investigation including criminal and credit history.
SELECTION PROCESS: Applicants who meet the minimum and selective qualifications will be admitted to examination for this classification. Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the employment (eligible) list for at least one year.
EXAMINATION: The examination consists of a rating of your education, training, and experience related to the requirements of the position. You may be required to complete a qualifications supplement, or the rating may be based on the information contained in your application. Therefore, it is important that you provide complete and accurate information to describe your training and experience, on your application. You may be asked to supply transcripts upon interview.
Please Note :
apexdining.ca is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, apexdining.ca provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.
This position assists the Chief Investment Officer (CIO) by carrying out daily operations in order to execute short-term and long-term investment strategies developed by the Deputy. Tasks include, but are not limited to:
verifying, in conjunction with the State’s Contracted disbursement bank, the State’s daily cash balance
investing non-committed cash, under the direction of the CIO
soliciting rate quotes from authorized brokers for daily trades
ensuring documentation of all investment transaction activity is complete and accurate
posting portfolio transactions to the investment software daily
monitoring daily cash flows through wires, reconciliations, etc. in order to support the CIO with cash projections
confirming trades are collateralized by the Safekeeping Agent at 102% of invested dollars
calculating monthly interest allocation for authorized State agencies
reconciling and reporting
verifying/auditing confirmation tickets sent by brokers
MINIMUM QUALIFICATIONS (Required):
Education: Possession of a bachelor’s degree from an accredited four-year college or university in the field of accounting, finance, or business administration, including or supplemented by at least 12 hours in accounting.
Experience: Five years of professional experience in accounting, finance, cash management analysis, or investments.
Notes:
1. Possession of a certificate as a Certified Public Accountant may be substituted for two years of the required experience.
2. Applicants may substitute graduate education in an academic field related to the required experience from an accredited college or university at the rate of one year of education for one year of the required experience.
3. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in financial administration and program classification or financial administration specialty codes in the accounting and budget group field of work on a year-for-year basis for the required experience and education.
SELECTIVE QUALIFICATION (Required):
Two of the five years of experience stated above must be specifically handling cash management
PREFERRED QUALIFICATIONS:
Knowledge of government securities investing
Ability to analyze basic economic and financial market trends and make rudimentary investment recommendations in relation to financial goals
Experience working in Bloomberg or other relatable investment software
Advanced skill in MS Excel, including formulas, reconciling tools, tables & graphs, etc.
Skill in attention to detail
LIMITATIONS ON SELECTION: Candidates must be willing to work onsite in the Annapolis area.
SPECIAL REQUIREMENTS: All candidates will be subject to a background investigation including criminal and credit history.
SELECTION PROCESS: Applicants who meet the minimum and selective qualifications will be admitted to examination for this classification. Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the employment (eligible) list for at least one year.
EXAMINATION: The examination consists of a rating of your education, training, and experience related to the requirements of the position. You may be required to complete a qualifications supplement, or the rating may be based on the information contained in your application. Therefore, it is important that you provide complete and accurate information to describe your training and experience, on your application. You may be asked to supply transcripts upon interview.
Please Note :
apexdining.ca is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, apexdining.ca provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.