Director of Investments – Government Savings Programs
State of Iowa - Executive Branch · Des Moines, IA · 4 wk ago
Business DevelopmentFull-time
Key Responsibilities
- Lead investment strategy and oversight for ISave 529, IAdvisor 529, IAble, and FirstHome Iowa.
- Review asset allocation strategies, investment structures, and portfolio design.
- Maintain investment performance, benchmarks, fees, and risk-adjusted returns.
- Evaluate investment managers, funds, and investment products.
- Cook up and oversee all investment-related activities across Government Savings Programs.
- Develop and implement new savings initiatives, including FirstHome Iowa.
- Draft and manage Request for Proposals (RFPs), vendor selection, and procurement processes.
- Formulate investment policies, governance frameworks, and oversight procedures.
- Participate in investment committee meetings and prepare analyses and recommendations.
- Advise the State Treasurer on strategic investment matters, including IPERS-related investment issues.
Requirements
- Significant experience in institutional investment management, investment consulting, wealth management, retirement plan consulting, or a related field.
- Strong knowledge of asset allocation, portfolio construction, manager selection, and fiduciary governance.
- Experience with 529 plans, ABLE plans, defined contribution plans, or similar investment programs preferred.
- Experience with investment program design, performance evaluation, and manager due diligence preferred.
- Strong analytical, communication, and strategic thinking skills.
- Bachelor’s degree in finance, economics, business, public administration, or related field required.
- CFA designation and/or advanced degree preferred.
Employer Highlights
The Iowa Treasurer’s Office is a well-respected employer. We are focused on earning and maintaining the public’s trust and confidence through providing excellent customer service, while offering a wonderful team atmosphere, work-life balance, free parking, and casual attire. We have a great total compensation package for all of our full-time employees, including:
- Iowa Public Employees' Retirement System (IPERS) Retirement
- Investors Club (RIC)
- Flexible Working Environment - Work from Home Opportunities
- Following Training Period
- Health, Dental and Vision Insurance
- Vacation Leave
- Sick Leave
- Paid Holidays (9 days/year)
- Flexible Spending Accounts
- Life Insurance
- Long-Term Disability Insurance
Minimum Qualification Requirements
To apply, candidates must follow the instructions in the "To Apply" section.