TREASURER'S OFFICE, INVESTMENT PORTFOLIO MANAGER

Location
Arlington, Virginia
Posted
May 12, 2017
Closes
May 26, 2017
Function
Management
Hours
Full Time
Job Title: TREASURER'S OFFICE, INVESTMENT PORTFOLIO MANAGER Closing Date/Time: Thu. 05/25/17 11:59 PM Eastern Time Salary: $81,099.20 - $123,843.20 Annually
Job Type: Full-Time Location: 2100 Clarendon Blvd., Arlington *METRO-accessible*, Virginia       As an elected official, the Arlington County Treasurer is accountable to the citizens of Arlington County. The Treasurer's Office is seeking an Investment Portfolio Manager to work directly with the Deputy Treasurer for Accounting and Treasury Management to manage the County's investment portfolios. Under the general supervision of the Deputy Treasurer for Accounting and Treasury Management the successful candidate plans, coordinates, implements and manages investment management programs and performs related work as required.

Major duties include:
  • Working with Management to project cash flow of all County funds and help prepare economic forecasts.
  • Implementing investment strategies in accordance with the Treasurer's mandate of "SLY" (Safety, Liquidity, Yield).
  • Investing general obligation bond proceeds, adhering to Code of Virginia requirements for various bond funds and to Internal Revenue Service requirements for arbitrage.
  • Preparing investment recommendations for County funds.
  • Analyzing investment options in accordance with Treasurer's Office Investment Policy and the Code of Virginia.
  • Documenting, reviewing and reporting on the status and strength of internal controls, and propose enhancements focusing on investment procedures and reporting.
  • Building financial and statistical models to identify and manage investment risk.
  • Creating and presenting proposals to facilitate or augment inter- and intra-County relationships to enhance investment program capabilities.
  • Negotiating and preparing all investment-related contracts and fee schedules.

 
 Selection Criteria: At a minimum the desired individual will have a combination of education and experience equivalent to a Bachelor's degree in accounting, finance, or related field PLUS significant, progressively responsible professional experience in investment management, financial analysis, and/or public finance administration. 

Knowledge, Skills, and Abilities/Examples of Specific Tasks:
  • Knowledge of the principles, methods, techniques, and systems of investment AND financial management and the ability to apply them.
  • Knowledge of related economic, accounting and legal principles and methods.
  • Knowledge of pertinent Federal, State and County statutory and regulatory provisions.
  • Ability to analyze, evaluate and interpret financial data and draw sound conclusions.
  • Ability to communicate clearly and concisely, both orally and in writing.
  • Ability to establish and maintain effective working relationships with others.
  • Ability to prepare comprehensive reports and maintain accurate records.
  • Reading comprehension to read complex legal and technical materials.
Preference will be given to applicants with experience investing a general obligation bond portfolio in accordance with the Code of Virginia. In addition, knowledge of IRS arbitrage requirements and  knowledge of Virginia's State Non-Arbitrage Program (SNAP) is preferred. 

Desirable:
  • Chartered Financial Analyst credentials; and
  • Experience with Tracker and Bloomberg.

 Special Requirements: Please provide a resume and cover letter addressing how your education, experience and training meet the qualification requirements under selection criteria, and highlight your accomplishments in these areas.  Attach your resume and cover letter to your online application.
 Additional Information: The salary is negotiable with a salary range of:  $81,099 - $123,843 annually depending upon qualifications.

Work Hours: Monday through Friday 8:00 am to 5:00 pm.

A pre-hire background check will be conducted on all candidates who are selected for employment. It may include checks of the following: criminal record, driving record, education, professional licensure, and credit history. You may be required to sign a release authorizing the County to obtain your background information.