Director of Portfolio Management and Investment Operations

The Director of Portfolio Management and Investment Operations is an exclusive one-position executive management level classification that exercises considerable discretion in developing and implementing a comprehensive investment strategy. The Treasurer’s portfolio is a fiduciary pool comprised of $8 to $11 billion in assets from taxing districts within the boundaries of Maricopa County. The primary investment objectives for the office are the safety of principal, liquidity, and maximizing investment income.

ABOUT US

The Maricopa County Treasurer’s Office is responsible for collecting all real and personal property taxes for the nation’s 4th largest county. There are over 1,700 taxing districts that include the County, incorporated cities and towns, schools, community colleges, and special districts. Interest income from the portfolio is distributed to the taxing districts on a monthly basis.

Join a team of change agents and be part of the exciting technology transformation taking place at the Maricopa County Treasurer's Office! We are updating all our internal systems and building an all-new online eGovernment service center. If you would like to be part of a challenging and rewarding team of innovators, this is the place for you!

PROUD TO OFFER

• Work with a greater purpose
• Tuition reimbursement
• Exceptional work-life balance
• Opportunities for growth and development within Maricopa County
• Low-cost, high-value healthcare for you and your qualifying dependents
• Paid vacation, sick time, and parental leave
• Extensive wellness program, including healthcare premium discounts
• Employee discounts for goods and services

Maricopa County participates in the Arizona State Retirement System. This defined retirement benefit requires a 12.27% monthly contribution rate and includes a 100% employer match on Day 1

Learn more at Work With Us | Maricopa County, AZ

WE REQUIRE

Four years of experience working with large investment portfolios, preferably in the public sector Bachelor’s degree in Finance, Accounting, Business Administration, Public Administration, or a related field

A combination of post-secondary education and/or job-related experience may substitute for the minimum qualifications on a year-for-year basis

WE ALSO VALUE

• Master’s degree in Business Administration, Accounting, or a related field
• Certified Public Accountant
• Chartered Financial Analyst
• FINRA Series 7 certification

JOB CONTRIBUTIONS

• Direct the investment activities of the Treasurer’s portfolio, which has $8 to $11 billion in assets at any given time
• Perform sophisticated cashflow analysis to ensure all County taxing districts have sufficient funds for payments while maximizing investment earnings
• Authorize the sale and purchase of financial instruments through broker/dealers and investment banks
• Provide updates and make presentations to the Board of Supervisors’ Chiefs of Staff, the County Manager, other members of County leadership, and taxing district boards/management regarding the portfolio's performance
• Direct the functions of the Treasurer’s Advisory Board, which meets quarterly to review the operations and performance of the portfolio, establish future investment goals, and assess market risks
• Enhance new and existing relationships with broker/dealers and investment banks on behalf of the County and all portfolio participants. Perform an annual compliance review for all current broker/dealers
• Maintain an advanced understanding of financial market trends
• Work with the Financial Services unit of the Treasurer’s Office to implement extensive internal controls and reconciliation over investments for responsible stewardship of public funds
• Ensure compliance with all federal and state statutes, regulations, contracts, and internal policies associated with portfolio management
• Collaborate with the Maricopa County Office of Budget and Finance to produce GASB-compliant documents used for the Annual Comprehensive Financial Report and the state audit
• Instruct members of the Treasurer’s Office’s Financial Services unit to release wire transfers from the main servicing bank and to conduct portfolio research as needed
• Perform other duties as assigned

WORKING CONDITIONS

Must be able to work in a typical indoor office environment. Must have manual dexterity of hands and body to operate office equipment. Must manage frequent interruptions, time pressures, high work volumes, multiple and complicated tasks, unscheduled tasks, team-oriented activities, prompt decision-making, and interaction with government officials and the public. Must constantly maintain concentration, accuracy, ethical behavior, and a professional demeanor.