Senior Deputy Chief Investment Officer 20

State of MichiganEast Lansing, MI
Hybrid

About The Position

This position offers the ability to work remotely three days per week with a Flexible/Hybrid work schedule. The Bureau of Investments (BOI) at Michigan Department of Treasury is looking for a dynamic leader with excellent investment and leadership skills, strategic planning abilities, high ethical standards, and a positive attitude to join their team. The Senior Deputy Chief Investment Officer will assist the Senior Chief Investment Officer (CIO) with providing investment management for over $121 billion in State of Michigan Retirement System (SMRS) pension fund assets and approximately $53 billion in additional State trust and agency funds’ assets, on behalf of the State Treasurer and various State agencies, for a total of $174 billion in assets under management. This position will provide portfolio strategies and policies, operational risk management, oversee strategic partnerships and complex deal structuring, and oversee operational due diligence processes, personnel matters, budgeting operations, and building operations. Our culture is driven by excellent customer service, continuous improvement, diversity, inclusion, and employee development. If you value these characteristics and enjoy working in a fast-paced, collaborative environment that offers a great work-life balance, we encourage you to apply!

Requirements

  • Possession of a bachelor s degree in business administration, accounting, finance, economics, real estate management/financing, or a related field OR Possession of 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.
  • One year of professional investment, financial and/or economic administration experience equivalent to a Senior Director of Investments 19 OR three years of experience equivalent to a Senior Investment Manager 18.
  • Qualifying professional experience is only considered post-bachelor's degree.
  • A position is considered professional if the job requires a bachelor's degree.
  • Must attach a cover letter, detailed resume, and a copy of your OFFICIAL college transcript(s) to your application.
  • Independent out-of-state travel utilizing airplanes, trains, cars, taxicabs, buses, ships, etc. in the evenings and/or weekends, as needed, for work-related purposes, which may include domestic and international assignments, with overnight or extended accommodations, as necessary.
  • Must have a secure, safe and appropriate designated workspace that allows privacy and prevents distractions to perform the duties of this position.
  • Must have 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 to perform the duties of this position prior to being appointed to the position.
  • The use of artificial intelligence (AI) software is prohibited.

Responsibilities

  • Provide portfolio strategies and policies
  • Operational risk management
  • Oversee strategic partnerships and complex deal structuring
  • Oversee operational due diligence processes
  • Oversee personnel matters
  • Oversee budgeting operations
  • Oversee building operations
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