Investment Officer

Department/Agency of position: 
County of San Diego Treasurer - Tax Collector
Location of position: 
San Diego, CA
Date Posted: 
Thursday, October 5, 2017
Closing Date: 
Sunday, November 5, 2017
Job Description: 


The Investment Officer reports to the Chief Investment Officer and is an integral part of the Treasury Investments Division, with significant responsibility for coordinating the investments of the County, special districts, school districts and other local public entities. Duties include but are not limited to:

  • · Research, monitor and analyze investment credits. Prepare and update credit reports and present to investment committee · Study economic and financial trends and market conditions for investment opportunities in fixed-income securities consistent with the County’s investment policy · Perform portfolio analysis and prepare periodic performance reports for the County investment portfolio · Coordinate with the Treasury accounting group on cash flow analysis and trade settlements · Monitor and maintain the investment portfolio’s AAA ratings, including monthly holdings updates and annual presentations to rating agencies · Compile data and prepare a variety of analytical and marketing presentations to pool participants, rating agencies and other constituents · Help prepare investment related requests for proposals and contracts · Gather and analyze data using a variety of computer based analytical tools. · Assist with formulation and execution of investment strategies, policies and asset allocation for the County Investment Pool · Negotiate the purchase and sale of securities · Perform other investment related duties as assigned

OFFICE OF THE TREASURER-TAX COLLECTOR The County of San Diego Treasurer-Tax Collector’s mission is to provide the citizens, agencies and employees of San Diego County with superior financial services in terms of quality, timeliness, efficiency and value while maintaining the highest levels of customer service and satisfaction. The Treasurer-Tax Collector manages an investment pool, which ranges in size from $7.5 to $10 billion, the second largest in the State, investing the assets of the County, 42 school districts, five community colleges and other public agencies in the County. Information regarding the County of San Diego’s Office of the Treasurer-Tax Collector can be viewed at:

THE IDEAL CANDIDATE Top candidates will possess a bachelor’s degree in Business or Public Administration, Finance, Economics, or a related field or a Chartered Financial Analyst designation, along with at least three years of professional experience in fixed income research or investment/treasury management. A solid understanding of investment principles and practices relative to fixed income securities are required. Proficiency using Microsoft Office and Bloomberg are essential. Experience in fundamental banking, and securities trading concepts, evaluating and interpreting credit, economic and financial information, and formulating and implementing investment strategies to ensure preservation of principal are required. The Investment Officer must have the ability to build effective working relationships with co-workers, banking and investment officers in the financial community, major credit rating agencies, other public agencies and government officials. The Investment Officer must possess strong written communication and organizational skills and be able to provide excellent customer service. A working knowledge of California State Codes as they pertain to the investment of public funds, and debt issuance are preferred. The ideal candidate will have a track record of innovation, taking initiative, and creative approaches to problem solving.

The ideal candidate will have experience in fixed income securities; municipal finance, including bond issuance, investment banking, under-writing, and financial advisory; and will demonstrate independence, initiative, and exceptional organizational and public relations skills. Experience performing investment analysis, investment accounting, risk management or other investment related duties for a public entity or private institution, such as a bank, investment management firm, insurance company, pension fund, endowment, trust or a securities dealer is highly desirable. A master’s degree in Business or Public Administration, Finance, Economics or a related field is preferred. Certified Financial Analyst (CFA) designation is also highly desirable.

MINIMUM QUALIFICATIONS A bachelor's degree from an accredited U.S. college or university, or a certified foreign studies equivalency AND three (3) years of experience that demonstrates the ability to perform the essential functions of the classification OR a combination of education and/or experience as stated above. Notes: A master’s degree or higher degree may substitute for a total of one (1) year of experience. In order for education to substitute for work experience as indicated above, college level coursework must demonstrate progress toward a degree and may be substituted on a year-for-year basis.

COMPENSATION The anticipated hiring range for this position will be $108,000 to $115,000 annually depending on qualifications.

BENEFITS · Fifteen days of paid vacation, thirteen days of paid sick leave, and thirteen paid holidays · Medical, dental, and vision insurance plans · Disability Insurance, Life Insurance, and Accidental Death/Dismemberment Insurance · Flexible Management Benefit Package – a monthly credit may be used to select benefits from a group of options · Defined benefit retirement program · Reciprocity with other governmental retirement systems may be granted; for further information, visit the website for the San Diego County Employees Retirement System · Deferred Compensation Program (457) and 401(a) plans · May be eligible for relocation allowance

THE COUNTY OF SAN DIEGO The mission of the County of San Diego is to provide the residents of San Diego County with superior County services in terms of quality, timeliness, and value in order to improve the region's Quality of Life. · The County covers 4,261 square miles, extending 75 miles along the Pacific Coast from Mexico to Orange County and inland 75 miles to Imperial County along the international border shared with Mexico · San Diego enjoys a wide variety of climate and terrain, from coastal plains and fertile inland valleys, to mountain ranges, forests, and the Anza-Borrego Desert. The average annual rainfall is only 10 inches · The County is governed by a five-member Board of Supervisors elected to four-year terms in district, non-partisan elections · There are 18 incorporated cities and a large number of unincorporated communities · County services are provided by five business groups, that are headed by General Managers, who report to the Chief Administrative Officer (CAO) · The County has a budget of $5.4 billion and provides services to the residents of the County through its nearly 17,000 employees in 42 different departments

GENERAL MANAGEMENT SYSTEM The County engages in a continuous cycle of planning, implementing, evaluating, and renewing the planning process. The County’s comprehensive guide for managing this cyclic process is called the General Management System (GMS). By communicating and adhering to this business model, the County of San Diego is able to maintain an organized culture that values transparency, accountability, innovation, and fiscal discipline which provides focused, meaningful public services.

APPLICATION PROCESS AND RECRUITMENT SCHEDULE Résumés may be submitted online at; select the link for jobs. Résumés should include academic degrees held and dates conferred, employment history and positions held, dates of service, areas of experience, levels of responsibility, reporting structure, key duties performed, and number of direct reports or staff. An evaluation board will convene to review submittals and identify top competitors to be considered for further evaluation. This recruitment will remain open until filled. First review of resumes will be held on July 7, 2017; interested candidates are encouraged to submit a resume as soon as possible for consideration.

SPECIAL NOTES Persons serving in positions in the Unclassified Service do not accrue tenure and serve at the pleasure of the appointing authority. The provisions of this job announcement may be modified or revoked and do not constitute an expressed or implied contract. Qualified women, minorities, and persons with disabilities are encouraged to apply.

Reasonable accommodation may be made to enable an individual with qualified disabilities to perform the essential functions of a job, on a case-by-case basis.

The County of San Diego and its employees embrace the Live Well San Diego vision: A region that is Building Better Health, Living Safely and Thriving. For more information visit

The County of San Diego is committed to valuing diversity and practicing inclusion because our diverse workforce is our greatest asset and our customers are our number one priority.

CONTACT INFORMATION You may direct any questions regarding the position to Isabel McGehee, Senior Departmental Human Resources Officer at or 619-531-4764. Class #000286 6/20/17