Fixed Income Investment Officer

The Department of Revenue, Treasury Division is recruiting for a Fixed Income Investment Officer

in Juneau!

This position is open to Alaska Residents only. Please check our

residency definition

to determine if you qualify.

Portfolio Management in the Treasury Division of the Alaska Department of Revenue manages over $59 billion in investments for the State’s retirement systems and other accounts.  Portfolio Management directly invests in fixed income, public equity, and alternative investments including private equity, private credit, and real assets.  The group has a long track record of successful investing that positively impacts the lives of Alaska retirees and residents.  Portfolio Management career opportunities offer a rewarding experience in dynamic capital markets and service to Alaskans.

SCOPE AND RESPONSIBILITIES

As part of the fixed income investment team, this position supports portfolio managers in analysis, research, and reporting.  The position is responsible for determining investable cash, monitoring trade operations, and addressing settlement issues.  Successful candidates will have career opportunities to grow into direct investment and portfolio management responsibilities.

PRINCIPAL DUTIES

Investable Cash Calculation and Cash Flow Forecast

Determine daily investable cash by compiling and reconciling cash flow information.

Verify collateral information and sufficiency for REPO transactions.

Transmit daily cash investment information with approved counterparties.

Forecast and incorporate new cash flow information to track cash movements for fixed income funds.

Generate and distribute internal reports to end users.

Trade Processing and Settlement

Verify and transmit trade information and monitor pending trades.

Track and resolve settlement issues with the custodian bank and trading counterparties.

Draft wire instructions and compile supporting documents.

Maintain counterparty delivery instructions and appropriate contact information.

Portfolio Management and Monitoring

Provide counterparties with portfolio holdings updates and compliance documentation.

Collaborate with middle office to improve operational efficiency.

Adjust portfolio holdings in response to corporate actions.

Analyze and catalog investment procedures and documentation.

Generate monthly credit position exposures relative to the index.

Assist in monitoring portfolios for compliance with strategy and guidelines.

Perform other duties as assigned.