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Columbus

    Finance Assistant - Columbus, United States - State of Ohio

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    Description
    This position is eligible for a hybrid work location schedule upon successful completion of probation and recommendation of management.


    ORGANIZATION & DEPARTMENT:
    The Office of the Ohio Treasurer is responsible for, among other things, managing, collecting, and protecting state financial assets. The Investments Department oversees the investments for a variety of portfolios.

    The Treasurer's office manages these portfolios in accordance with three objectives, in order of priority:
    safety of principal, liquidity and yield.


    The State Treasury Portfolio is invested primarily in money market mutual funds, negotiated bank deposits, commercial paper, repurchase agreements, U.S.

    treasury and federal agency obligations, and investment grade corporate bonds.


    State Treasury Asset Reserve of Ohio (STAR Ohio) is a statewide local government investment pool managed and administered by the Treasurer's office.

    The Treasurer's Office manages the fund to maintain S&P's highest rating. Participants utilize STAR Ohio as a short-term investment option.


    JOB DESCRIPTION:
    Support the cash management function and daily trading activity. Perform daily functions and coordinate activities for one or more investment portfolios. Monitor investment portfolios including reporting on performance and exposures. Develop and maintain knowledge of financial markets. Assist with development and implementation of investment strategies. Perform sophisticated analyses including credit research and recommend appropriate actions. Prepare complex documents, publications and/or reports. Serve as a contact for internal and external parties including custodians, brokers and advisors. Other projects and responsibilities, as assigned.


    DESIRED QUALIFICATIONS:

    • BS in finance, economics, business administration or related field from accredited university.
    • Must have strong organizational skills; ability to define problems, collect data, establish facts and draw valid conclusions; and ability to develop complex reports and handle sensitive external communication.
    • Attention to detail is paramount.
    • Demonstrated interest in financial markets is preferred.
    • Encouraged to obtain certification (such as CFA or CTP), advanced degree or other credentials within four years.


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