drjobs Investment Officer, Diversifying Strategies (Investment Officer 3)

Investment Officer, Diversifying Strategies (Investment Officer 3)

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Job Location drjobs

Tigard, OR - USA

Monthly Salary drjobs

$ 15964 - 24747

Vacancy

1 Vacancy

Job Description

Initial Posting Date:

10/03/2025

Application Deadline:

10/26/2025

Agency:

Oregon State Treasury

Salary Range:

$15964 - $24747

Position Type:

Employee

Position Title:

Investment Officer Diversifying Strategies (Investment Officer 3)

Job Description:

Oregon State Treasury is recruiting for the position of Investment Officer 3 Diversifying Strategies to join the recently established Diversifying Strategies team. The primary purpose of this position is to support the daytoday 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.

The role of the Diversifying Strategies Portfolio is to enhance long-term return and diversification for the Funds managed by Oregon State Treasury through alpha generation and risk mitigation. The Diversifying Strategies team is responsible for the continual optimization of the Diversifying Strategies Portfolios. Team responsibilities include regular monitoring of existing investments sourcing and due diligence of new potential investments and ongoing analysis of performance positioning and risk.

Job Duties Summary

Conducts independent evaluation of investment proposals submitted for possible portfolio inclusion. Receives and reviews strategy presentations takes frequent meetings with prospective general partners managers and placement agents and determines whether further review of proposed investment strategy is appropriate. Expected analysis encompasses the identification and documentation of each investment opportunity and its unique characteristics evaluation of those characteristics relative to other competing diversifying strategies investment opportunities general partner track record assessment and a thorough inventory and evaluation of all other terms and conditions.

Screens prospective investments and works with the Senior Investment Officer Diversifying Strategies on favorable recommendations for further evaluation. Performs due diligence and works with Oregon Investment Council 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 onsite visits to the general partners to make independent qualitative assessments thereof. Works with the Senior Investment Officer Diversifying Strategies to determine whether or not an investment recommendation should be made and presented. Prepares 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. Attends industry-related conferences and events.

Manages relationships with existing general partners with which the Funds have invested. Meets frequently with 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 in conjunction with the Senior Investment Officer Diversifying Strategies to monitor and coordinate the activities of the advisory firms retained to monitor and report on the Diversifying Strategies Portfolios. With the guidance of the Senior Investment Officer Diversifying Strategies may make presentations to multiple committees regarding investment recommendations and portfolio review.

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 Treasurys Tigard office.

The person in this position will work from the office once per week on an assigned day. Additional days in the office may be needed for business reasons. Upon hire the position will be to work from the office more than once per week during onboarding period.

Salary Range

$191568-$296964 annually. For this position there is additional potential of up to 30% of base compensation. This position is eligible for relocation reimbursement.

Job Classification

This position is classified as an Investment Officer 3. This position is a management service position.

Required Minimum Qualifications

  • A bachelors degree in business or finance or any degree demonstrating the capacity for investment knowledge and skill; and

  • Seven years of investment management experience including three 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 seven years experience requirement.

Desired Attributes

Job Specific Attributes

  • Significant experience in the institutional investment industry (investment consultant asset manager pension endowment foundation etc.) with role progression demonstrating success and increasing responsibility.

  • CFA and/or CAIA designations.

  • Experience researching selecting and overseeing diversifying strategies investment managers across long/short relative value event driven and directional strategies.

  • 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.

  • Ability and willingness to travel nationally and occasionally internationally to conduct meetings with investment managers and attend industry conferences.

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 detailing 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 );

  • 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 led by State Treasurer Elizabeth Steiner MD. As Treasurer she is the states financial leader the custodian of public funds and chief investment officer. We prioritize investing for the long term doing business the right way and empowering Oregonians to invest in themselves.

We operate the states investing banking and debt programs. Were proud of the work we do to help families governments and businesses succeed.

We provide ways to save on taxes while also helping Oregonians to save for retirement through the OregonSaves program for education after high school through Embark savings accounts and for disability related expenses with the Oregon ABLE savings plan.

We operate the states investing banking and debt programs. We invest for the long-term and sell Oregon bonds to help finance community projects like schools roads and armories. Because of sound Treasury management more than 73 cents of every dollar in pension benefits comes from investment returns. The Local Government Investment Pool is available to all Oregon and Tribal governments and it helps to stretch budgets with a strong rate-of-return on public fund deposits.

We safeguard public funds so that governments can deposit funds safely in banks and credit unions the Treasurers office protects public assets.

We help secure low-cost loans and bonds for nonprofit projects like hospitals and make money available to Oregon lenders who can put that money to work in their communities.

We engage as a thoughtful shareholder to improve sustainable business practices. Oregon small businesses also benefit from OregonSaves which allows them to facilitate a retirement savings option with no fees or legal or fiduciary risk.

Our Values and Principles

INTEGRITY---INNOVATION---DIVERSITY---TRUST---PROFESSIONALISM---ACCESSIBILITY

Please visit the following webpage to learn more about Oregon State Treasury: Information


Required Experience:

Unclear Seniority

Employment Type

Full-Time

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