State of Washington · 1 month ago
Investment Officer - Tangible Assets
Walla Walla, WA
Part-time
Hybrid
Mid Level
3+ years expThe State of Washington is seeking a qualified candidate to join their Tangible Assets team as an Investment Officer. This role involves the ongoing selection, due diligence, and monitoring of individual tangible asset investments to maximize returns for WSIB beneficiaries while ensuring compliance with regulations and policies.
AssociationCommunitiesEducationEmploymentEventsGovernmentInformation TechnologyNewsNon Profit
Responsibilities
Actively participate in the development, recommendation, implementation, monitoring, and termination of investments in the Tangible Assets’ portfolio
Assisting the SIO in the creation of innovative investment programs in areas often overlooked by traditional capital providers
Performing critical economic, industry, and sector research and due diligence necessary to educate staff and the Board relative to non-traditional tangible assets investments
Monitoring current investments, reviewing partners' financial statements, and analyzing the results for acceptability, as well as identifying and reporting any potential problems or opportunities
Implementing approved investments, including legal negotiations, and liaising with the back office
Reviewing potential investments for possible inclusion in the Tangible Assets portfolio; conducting robust due diligence efforts which includes general investment overview, document review, financial structure analysis, meetings with management, and the preparation and presentation of findings and conclusions to the appropriate investment committee following approval by the SIO
Developing and implementing individual manager monitoring guidelines to ensure compliance with WSIB policy, as well as for suitability of the investment strategies, portfolio structure, and positioning
Qualification
Required
Bachelor's Degree coupled with 3 years' experience in tangible assets or private partnerships, preferably in an institutional investment setting. A relevant Master's degree or CFA/CAIA certification may substitute for a maximum of one years' experience
Management Skills: The ability to participate in key relationships on behalf of the WSIB with partners, consultants, and attorneys. Planning, organizing, leadership, negotiation, time management, communication, mentoring, and problem solving are vital
Understanding of Portfolio Management: The ability to understand and recommend changes and enhancements to a diversified tangible assets portfolio. The ability to compare firms and investment opportunities based on investment, business, and operational risk assessments, and to evaluate teams and opportunities to meet risk and return objectives for the WSIB
Knowledge of Investment Vehicles: A working knowledge of, and experience with, the variety of ownership structures related to the private and public tangible investments and their associated legal documentation. This would include but not be limited to partnerships, joint ventures, limited liability companies, operating companies, and master limited partnerships
Analytical Skills: The ability to analyze financial, economic, statistical, legal, accounting, market, and other matters quickly, efficiently, and accurately and to summarize those results
Financial Modeling Skills: The ability to objectively combine accounting, financing, and other business, and economic metrics to create an abstract representation of a company's and/or assets' future financial and liquidity position
Interpersonal Skills: The ability to foster an environment where team members feel included, which is critical to the success of the Tangible Assets unit. In addition, the IO will coordinate and facilitate workflow with a diverse group of external parties, including consultants, attorneys, managers, and general partners
Ability to effectively manage multiple projects simultaneously, often complicated by tight time frames and travel demands
CFA and/or CAIA certification
Benefits
Medical, Dental, and Vision for employee & dependents
Public Employees Retirement System (PERS)
Vacation, Sick, and other Leave
11 Paid Holidays and 1 Personal Holiday per year
Public Service Loan Forgiveness
Long Term Disability
Life Insurance
Deferred Compensation Programs
Dependent Care Assistance Program (DCAP)
Flexible Spending Arrangement (FSA)
Employee Assistance Program
Commute Trip Reduction Incentives
Professional development opportunities
Flexible work schedules
Participation in the Combined Fund Drive
SmartHealth
Company
State of Washington
Washington state public employees help to create a working Washington built on education and innovation, where all Washingtonians thrive.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Matt Manweller
State Representative
Company data provided by crunchbase