Investment Services Deputy Director
Maryland State Treasurer's Office
$84,047.00 - $135,450.00 Annually
Annapolis, MD
Full-Time
Flexible/Hybrid
Investment Division
Continuous
The Investment Department in the State Treasurer's Office is responsible for investing the State's unexpended or surplus money in accordance with established laws, policies, and procedures. The department manages short-term and long-term investments of cash balances and other assets. The highest priority is the safe and prudent keeping of public funds, followed by liquidity and return of investment.
The Deputy Director of Investment Services oversees all operations of the department, ensuring adherence to statutes, regulations, and policies. The incumbent should have experience in public finance, government and/or non-profit investing, and cash management. This position also requires supervision of subordinate staff.
The ideal candidate should have:
- Bachelor's degree in business administration, finance, economics, or related subject area.
- Comprehensive, hands-on experience with fixed income investments.
- Experience with money management, knowledge of Wall Street investments.
- Demonstrable knowledge and/or experience with public finance.
- Experience in government and/or non-profit investing and cash management.
- Experience supervising subordinate staff.
- Additional treasury or financial certifications or post-graduate education in related fields.
Limitations on selection: Applicants must be willing to work in the Annapolis area. Candidates will be subject to a background investigation to include credit and criminal history.
Why Work for the State of Maryland?
Job stability and pinnacle experience
Work-life balance
Ability to make your mark through public service
Predictable hours and hybrid teleworking schedules
Paid holidays 12-13 per year
Generous paid leave package (annual, sick, personal and compensatory leave)
State Pension ("defined benefit" plan)
Tax-deferred supplemental retirement savings plans (401(k) and 457 plans) with $600 State match per year!
Free parking
Comprehensive, subsidized health, dental and prescription plans with little to no deductibles, free generic prescriptions, and free preventative health services
Flexible Spending Account plans for Health Care and Daycare
State Employees Credit Union
Direct Deposit
To apply, visit
JobAps, the Statewide Recruitment, Examination and Applicant tracking system.
Go to
to apply. Please upload a current copy of your resume with your application. Electronic application is strongly preferred; however, if you do not have access to a computer, you may send a copy of your resume by email to or fax to . Any questions regarding this recruitment or the recruitment process may be directed to the STO Personnel Office at .