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INVESTMENT MANAGER

The Investment Manager is responsible for overseeing the activities of the Investment Section. This position is governed by state and federal laws and agency

Class Code:

A037C

Job Grade:

GS09

Special Job Requirements:

0

Typical Functions:

Supervises a professional and administrative support staff, by interviewing and recommending applicants for hire, providing instructions, assigning and prioritizing work assignments, reviewing work performed, and evaluating employee performance. Monitors and analyzes investment manager trade activity for accuracy and compliance with investment policy and guidelines. Monitors and reviews daily trade activity and month-end reconciliations completed by investment staff. Monitors custodian bank for trade settlements and collection of dividends, interest income and principal, and interest payments for accuracy. Performs cash flow analysis and communicates with investment managers regarding withdrawals from their account(s). Prepares market value reports for quarterly retirement system financial statements. Calculates investment manager fees and authorizes payment by the custodian bank. Coordinates year end close out and balancing of investment accounts; provides information to legislative auditors. Develops operational procedures manual and updates as required. Produces status reports or other regularly scheduled reports. Directs depositing of investment funds and documentation of accounts. Performs other duties as assigned.

Knowledge, Abilities, and Skills:

Knowledge of the principles and practices of accounting and finance. Knowledge of computers and software application programs. Ability to analyze financial data, project outcomes and recommend future actions. Ability to organize and coordinate the work of subordinates. Ability to analyze securities and prepare reports. Ability to analyze information and recommend appropriate action. Ability to communicate effectively and to prepare/present oral and written information and reports. Ability to interpret and apply laws, policies and procedures to specific situations. Ability to provide technical assistance to management, auditors and staff regarding investment functions

Minimum Qualifications:

The formal education equivalent of a bachelor’s degree in finance, accounting, business administration, or a related field; plus four years of professional work experience in the investment field, including one year in a supervisory capacity.

Required Certificates:

0

Exempt:

E
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