Market Development Manager Jobs in Michigan

Job Description

This position offers the ability to work remotely three days per week with a Flexible/Hybrid work schedule.

Are you looking for a career that offers support and resources for continuous learning, a culture that promotes teamwork and initiative, and a positive work environment that allows you to help others? If so, then Treasury's Bureau of Investments is also looking for you!

This Treasury Investment Specialist position is responsible for assisting the Fixed Income Division (FID) with management of the fixed income portfolios of the multi-billion dollar State of Michigan Retirement System (SMRS) pension fund. Responsibilities include assisting in the development of investment strategies, portfolio management, and oversight for a significant portion of division assets under management. The investment objective will be to improve the risk-adjusted investment performance of the division portfolio. The Investment Specialist will focus on investment opportunities that exist both within and outside of the traditional core fixed income opportunity set. Such opportunities will include, but are not limited to, internally and externally managed strategies that focus on securities within the Bloomberg U.S. Aggregate Bond Index along with structured credit opportunities or other securities that exist outside of the constraints of the index universe.

Our culture is driven by excellent customer service, continuous improvement, and employee development. The Department of Treasury promotes and supports Diversity and Inclusion. If you enjoy working in a fast-paced, team-oriented environment that still offers a great work/life balance, we encourage you to apply!

To learn more, review the position descriptions below:

Treasury Investment Specialist 13 ($34.88 - $50.60)

Treasury Investment Specialist 14 ($40.18 - $58.00)

Treasury Investment Specialist 15 ($44.48 - $65.69)

The "Salary" listed above is a range that reflects the minimum and maximum rate at the 13, 14, and 15 level. Candidates will be reviewed to determine what level they are qualified for based on education and professional experience.

Required Education and Experience

Education

Possession of a bachelor's degree in business administration, accounting, finance, economics, or real estate management/financing.

Experience

Four years of professional experience equivalent to a Treasury Investment Analyst P11.

Please Note: Qualifying professional experience is only considered post-bachelor's degree. A position is considered professional if the job requires a bachelor's degree.

View the job classification specification at: Treasury Investment Specialist Job Specification

Alternate Education and Experience

Alternate Education

Possession of a bachelor's degree in any major and a Chartered Financial Analyst (CFA) designation may be substituted for the education requirement.

Special Requirements, Licenses, and Certifications

Certain positions may be assigned subclass codes and individuals appointed must possess the required specialized experience. Some positions may require designation as a Certified Commercial Investment Member (CCIM).

Additional Requirements and Information

Please attach a cover letter, detailed resume, and a copy of your OFFICIAL college transcript(s) and/or your active CFA designation to your application. Failure to do so may result in your application being screened out.

Official Transcripts. For our purposes, "official college transcripts" must contain the applicant's name, college/university name and address, the degree conferred, and date granted, coursework completed (especially if no degree granted), the Registrar's signature and/or seal, and MUST be recognized by the Council on Higher Education Accreditation (CHEA). A scanned or electronic copy is acceptable, as long as it contains the elements listed above. Failure to provide this evaluation at the time of application may result in you being screened out of the process.

Foreign Transcripts: Applicants who possess a degree from a foreign college or university MUST have their academic credentials evaluated or converted into U.S. educational equivalents unless the degree has been recognized by the Council on Higher Education Accreditation (CHEA). Civil Service accepts evaluations of foreign credentials from National Association of Credential Evaluation Services (NACES) or the Association of International Credential Evaluators, Inc. (AICE). Failure to provide this evaluation at the time of application may result in you being screened out of the process.

Remote Work. This position is eligible to work remotely on Mondays, Thursdays, and Fridays, and must work onsite Tuesdays and Wednesdays. The selected candidate must have a secure, safe and appropriate designated workspace that allows privacy and prevents distractions to perform the duties of this position. Additionally, the selected candidate must have secure and sufficient internet access of commercial cable or wireless broadband with minimum speeds of 25 Mbps download and 5 Mbps upload. Note: Additional onsite work may be required. Remote work arrangements are subject to management approval and may be adjusted or discontinued at any time.

Work must be performed in the state of Michigan. If you currently reside outside of Michigan, you must relocate to Michigan to perform the duties of this position prior to being appointed to the position. Relocation expenses are not reimbursed.

Travel. This position requires independent out-of-state travel utilizing airplanes, trains, cars, taxicabs, buses, ships, etc. on evenings and/or weekends, as needed, for work-related purposes, which may include domestic and international assignments, with overnight or extended accommodations as necessary.

Interviews. Interviews may occur virtually using Microsoft Teams. No prior experience with Teams is necessary, as instructions and tips will be provided to all candidates scheduled for an interview.

E-Verify. The Michigan Department of Treasury participates in E-Verify and will provide the federal government with your form I-9 information to confirm that you are authorized to work in the U.S.

AI. The use of artificial intelligence (AI) software is prohibited. If it is substantiated that AI was used in the process, your application may be removed from consideration.

Note: Your application for this position does not guarantee you will be contacted by the Department for further consideration. Only those applicants interviewed will be notified of the results; however, all applicants can view their application status in their NEOGOV profile.

The Michigan Department of Treasury is proud to be recognized at the Gold Level as a Veteran-Friendly Employer.

Accommodations

If you require a reasonable accommodation to participate in the application or selection processes, please contact the ADA coordinator for the agency that posted this position vacancy.