Description
Oregon State Treasury is recruiting for the position of Investment Officer 1, Diversifying Strategies. The primary purpose of this position is to support the day-to-day investment and administrative activities of the Diversifying Strategies Portfolios, and to share the ongoing oversight of various investments with the Senior Investment Officer, Diversifying Strategies.
Job Duties Summary
Supports andparticipatesin theindependent evaluationof investment proposalssubmittedforpossible portfolioinclusion. Receives and reviews strategy presentations, takes frequent meetings with prospective general partners, managers, and placement agents anddetermineswhether further review of proposed investment strategy is appropriate.Expectedanalysis encompasses the identification and documentation of each investment opportunity and its unique characteristics, evaluation of those characteristicsrelativetoother, competing diversifying strategies investment opportunities, general partnertrack recordassessment and a thorough inventory and evaluation of all other terms and conditions.
Collaborates with the Diversifying Strategies team to screen prospective investments and works with the Senior Investment Officer, Diversifying Strategies on favorable recommendations for further evaluation.Participates in the due diligence and works with Oregon Investment Council (“OIC”) advisory firms on their due diligence efforts prior to Investment Committee recommendation for investment approval.Works with legal counsel to negotiate terms and conditions of various agreements and contracts, following approval.Due diligence efforts require on site visits to the general partners to make independent, qualitative assessments thereof.Works with the Senior Investment Officer, Diversifying Strategies todeterminewhether or notan investment recommendation should be made and presented.Assistsin the preparation of presentation materials in support of recommendations to various committees.
Works independently and as guided to perform industry and portfolio analysis and conduct research projects in support of the Diversifying Strategies Portfolios.Attend industry-related conferences and events.
Managesday-to-day communication with existing general partners with which the Funds have invested.Meetsfrequentlywith existing general partners to discuss firm updates, portfolio performance, attribution, positioning, and outlook. Monitors partnership compliance, fee and performance metrics using reports from, and discussions with, advisors and general partner personnel, and evaluates findings on both an absolute and relative basis.Uses various systems to analyze and evaluate the Diversifying Strategies Portfolios, individual partnerships, and specific investments.
Works with the Senior Investment Officer, Diversifying Strategies tomonitorand coordinate the activities of the advisory firmsretainedto monitor and report on the Diversifying Strategies Portfolios.With the Senior Investment Officer, Diversifying Strategies may make presentations to the OIC.May make presentations to multiple internal committeesregardinginvestment recommendations and portfolio review. with the guidance of the Senior Investment Officer, Diversifying Strategies.
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. Work from the Tigard office as needed and at a minimum of once per week on an assigned day. Upon hire, the position will be required to work from the office more than once per week for onboarding.
Salary Range
$143,268-$225,792 annually. For this position there is additional potential of up to 30% of base compensation. This position is eligible for relocation reimbursement.
Note: Effective February 1, 2026, the compensation plan for this position will be increased to reflect a Cost-of-Living Adjustment (COLA) of 2.5%. The salary listed in this posting does not reflect the COLA.
Job Classification
This position is classified as a Investment Officer 1. This position is management service position.
Required Minimum Qualifications
A bachelor’s degree in business or finance, or any degree demonstrating the capacity for investment management knowledge and skill.
Five years of investment management experience including two years of asset management experience.
MBA or similar graduate-level degree, Chartered Financial Analyst, or Chartered Alternative Investment Analyst designation may substitute for two of the five years' experience requirement.
Desired Attributes
Job Specific Attributes
Experience in the institutional investment industry (investment consultant, asset manager, pension, endowment, foundation, etc.) with role progression, demonstrating success and increasing responsibility.
Experience researching, underwriting, and monitoring diversifying strategies investment managers.
Experience with diversifying strategies portfolio construction and risk management.
Experience with investment programs such as eVestment, Factset, Bloomberg, Albourne Castle, and sophisticated Excel spreadsheets.
Experience writing manager due diligence reports and presenting to committees or other large groups.
Relevant advanced degree or CFA/CAIA designations preferred.
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.
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.
Oregon state government provides preference in employment to qualifying veterans, disabled veterans, as well as current and former servicemembers of the Oregon National Guard, in accordance with ORS 408.225, 408.230, and 408.235. 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.
