Oregon State Treasury
Investment Officer, Diversifying Strategies (Investment Officer 3)
Oregon State Treasury, Tigard, Oregon, United States
Initial Posting Date : 10 / 03 / 2025
Application Deadline : 10 / 26 / 2025
Agency : Oregon State Treasury
Salary Range : $15,964 - $24,747
Position Type : Employee
Position Title : Investment Officer, Diversifying Strategies (Investment Officer 3)
Job Description Oregon State Treasury is recruiting for the position of Investment Officer 3, Diversifying Strategies to join the recently established Diversifying Strategies team. The primary purpose of this position is to support day‑to‑day investment and administrative activities of the Diversifying Strategies Portfolios, and to share ongoing oversight of various investments with the Senior Investment Officer, Diversifying Strategies.
The Diversifying Strategies Portfolio enhances long‑term return and diversification for the Funds managed by Oregon State Treasury through alpha generation and risk mitigation. The team is responsible for continual optimization of the portfolios through regular monitoring of existing investments, sourcing and due diligence of new opportunities, and ongoing analysis of performance, positioning, and risk.
Job Duties Summary Conduct independent evaluation of investment proposals submitted for possible portfolio inclusion. Review strategy presentations, meet frequently with prospective general partners, managers, and placement agents, and determine whether further review is appropriate. Identification and documentation of each investment opportunity, evaluation of characteristics relative to competitors, assessment of general partner track record, and thorough inventory of terms and conditions.
Screen prospective investments and recommend for further evaluation with the Senior Investment Officer. Perform due diligence, collaborate with Oregon Investment Council advisory firms before Investment Committee recommendation, negotiate terms with legal counsel after approval, and conduct on‑site visits to general partners.
Prepare presentation materials for committees and conduct independent or guided industry and portfolio analysis and research projects. Attend industry conferences and events.
Manage relationships with existing general partners, meeting to discuss firm updates, portfolio performance, attribution, positioning, and outlook. Monitor partnership compliance and fee performance using reporting systems and evaluate findings.
Coordinate activities of advisory firms retained to monitor and report on the portfolios, and present investment recommendations and portfolio reviews to multiple committees.
Work Schedule Hybrid (remote and in‑office) schedule; in‑office work will be predominantly from Treasury's Tigard office. The person will work from the office once per week on an assigned day. Additional in‑office days may be required for business reasons. During onboarding, more frequent office presence will be required.
Salary Range $191,568–$296,964 annually. Additional potential of up to 30% of base compensation. Eligible for relocation reimbursement.
Job Classification Management service position.
Required Minimum Qualifications
Bachelor’s degree in business or finance, or any degree demonstrating capacity for investment knowledge and skill.
Seven years of investment management experience, including three years of asset management experience.
MBA or similar graduate‑level degree, Chartered Financial Analyst, or Chartered Alternative Investment Analyst designation may substitute for two of the seven years' experience requirement.
Desired Attributes Job Specific Attributes
Significant experience in the institutional investment industry (investment consultant, asset manager, pension, endowment, foundation, etc.) with role progression demonstrating success and increasing responsibility.
Experience researching, selecting, and overseeing diversifying strategies investment managers across long/short, relative value, event driven, and directional strategies.
Experience with diversifying strategies portfolio construction and risk management.
Experience with investment programs such as eVestment, FactSet, Bloomberg, Albourne Castle, and sophisticated Excel spreadsheets.
Experience writing manager due diligence reports and presenting to committees or large groups.
Ability and willingness to travel nationally and occasionally internationally for meetings and conferences.
CFA and / or CAIA Designations
CFA and/or CAIA designation.
Core Attributes
Respect – Treats all individuals fairly and respectfully; works effectively with others; fosters an environment where opportunities to thrive are available to all.
Teamwork – Acts in a professional, respectful, and courteous manner; recognizes the worth of others and places the good of the team ahead of personal objectives.
Flexibility – Demonstrates willingness to change to meet organizational needs; manages discomfort with a changing work environment and remains calm.
Communication – Effectively articulates and exchanges information with internal and external stakeholders; responds promptly.
Initiative – Takes appropriate action without waiting for explicit instructions; generates creative approaches to problems and opportunities.
Critical Thinking – Identifies and weighs options, makes sound decisions after reviewing all relevant information, plans for potential problems, takes calculated risks, and recognizes impact.
Time Management – Prioritizes and manages time effectively across competing tasks; meets deadlines and arrives on time for meetings.
Attention to Detail – Demonstrates accuracy and thoroughness when accomplishing tasks.
How to Apply Upload your resume and a cover letter detailing how you meet the desired attributes listed above. Clearly demonstrate attributes and qualifications in application materials. Applications accepted through the job announcement closing date, though recruitment may close early if a well‑qualified applicant pool is received. Apply early if interested.
Benefits of Joining Our Team
Low employee premium share for medical, dental, vision, and basic employee life (1% or 5% employee share).
Robust paid leave package (vacation, personal business, holidays, sick leave, floating days of leave).
PERS retirement benefits.
Support with training and development.
Student loan forgiveness under the Public Service Loan Forgiveness Program (PSLF).
Optional benefits: life, short & long term disability, accidental death & dismemberment, Oregon Savings Growth Plan (deferred compensation plan), flexible spending accounts, long term care insurance, employee assistance program, and more.
About Oregon State Treasury Oregon State Treasury is led by State Treasurer Elizabeth Steiner, MD. As Treasurer, she is the state's financial leader, custodian of public funds, and chief investment officer. We prioritize investing for the long term, doing business the right way, and empowering Oregonians to invest in themselves.
We operate the state's investing, banking, and debt programs. We’re proud of the work we do to help families, governments, and businesses succeed.
We provide ways to save on taxes while also helping Oregonians save for retirement through the OregonSaves program, for education after high school through Embark savings accounts, and for disability related expenses with the Oregon ABLE savings plan.
We invest for the long‑term and sell Oregon bonds to help finance community projects like schools, roads, and armories. Because of sound Treasury management, more than 73 cents of every dollar in pension benefits comes from investment returns. The Local Government Investment Pool is available to all Oregon and Tribal governments, and it helps stretch budgets with a strong rate‑of‑return on public fund deposits.
We safeguard public funds so governments can deposit them safely in banks and credit unions. The Treasurer's office protects public assets.
We help secure low‑cost loans and bonds for nonprofit projects like hospitals and make money available to Oregon lenders, who can put that money to work in their communities.
We engage as a thoughtful shareholder to improve sustainable business practices. Oregon small businesses also benefit from OregonSaves, which allows them to facilitate a retirement savings option with no fees or legal or fiduciary risk.
Our Values and Principles
INTEGRITY
INNOVATION
DIVERSITY
TRUST
PROFESSIONALISM
ACCESSIBILITY
Special Information Prospective employees are subject to an extensive background check that may include, but is not limited to, validation of all application materials, prior employment, and professional references; driving records; and fingerprint‑based state and federal criminal and civil records. Adverse background data may be grounds for immediate disqualification.
OST does not offer visa sponsorships, and within three days of hire, the successful candidate will be required to complete the U.S. Department of Homeland Security form I‑9, confirming authorization to work in the United States.
Eligible veterans who meet the qualifications will receive veterans' preference. To receive preference you must attach appropriate documentation as outlined by the Department of Administrative Services at the Veterans Resources website. You may also call the Oregon Department of Veterans' Affairs at 1‑800‑692‑9666.
OST is an equal opportunity, affirmative action employer committed to a diverse workforce.
Consistent with the Americans with Disabilities Act (ADA), Oregon State Treasury will provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. Requests for reasonable accommodation apply to all aspects of employment, including the application process. If reasonable accommodation is needed, please call Oregon State Treasury at 503‑378‑4000 and request to be connected to Human Resources.
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Application Deadline : 10 / 26 / 2025
Agency : Oregon State Treasury
Salary Range : $15,964 - $24,747
Position Type : Employee
Position Title : Investment Officer, Diversifying Strategies (Investment Officer 3)
Job Description Oregon State Treasury is recruiting for the position of Investment Officer 3, Diversifying Strategies to join the recently established Diversifying Strategies team. The primary purpose of this position is to support day‑to‑day investment and administrative activities of the Diversifying Strategies Portfolios, and to share ongoing oversight of various investments with the Senior Investment Officer, Diversifying Strategies.
The Diversifying Strategies Portfolio enhances long‑term return and diversification for the Funds managed by Oregon State Treasury through alpha generation and risk mitigation. The team is responsible for continual optimization of the portfolios through regular monitoring of existing investments, sourcing and due diligence of new opportunities, and ongoing analysis of performance, positioning, and risk.
Job Duties Summary Conduct independent evaluation of investment proposals submitted for possible portfolio inclusion. Review strategy presentations, meet frequently with prospective general partners, managers, and placement agents, and determine whether further review is appropriate. Identification and documentation of each investment opportunity, evaluation of characteristics relative to competitors, assessment of general partner track record, and thorough inventory of terms and conditions.
Screen prospective investments and recommend for further evaluation with the Senior Investment Officer. Perform due diligence, collaborate with Oregon Investment Council advisory firms before Investment Committee recommendation, negotiate terms with legal counsel after approval, and conduct on‑site visits to general partners.
Prepare presentation materials for committees and conduct independent or guided industry and portfolio analysis and research projects. Attend industry conferences and events.
Manage relationships with existing general partners, meeting to discuss firm updates, portfolio performance, attribution, positioning, and outlook. Monitor partnership compliance and fee performance using reporting systems and evaluate findings.
Coordinate activities of advisory firms retained to monitor and report on the portfolios, and present investment recommendations and portfolio reviews to multiple committees.
Work Schedule Hybrid (remote and in‑office) schedule; in‑office work will be predominantly from Treasury's Tigard office. The person will work from the office once per week on an assigned day. Additional in‑office days may be required for business reasons. During onboarding, more frequent office presence will be required.
Salary Range $191,568–$296,964 annually. Additional potential of up to 30% of base compensation. Eligible for relocation reimbursement.
Job Classification Management service position.
Required Minimum Qualifications
Bachelor’s degree in business or finance, or any degree demonstrating capacity for investment knowledge and skill.
Seven years of investment management experience, including three years of asset management experience.
MBA or similar graduate‑level degree, Chartered Financial Analyst, or Chartered Alternative Investment Analyst designation may substitute for two of the seven years' experience requirement.
Desired Attributes Job Specific Attributes
Significant experience in the institutional investment industry (investment consultant, asset manager, pension, endowment, foundation, etc.) with role progression demonstrating success and increasing responsibility.
Experience researching, selecting, and overseeing diversifying strategies investment managers across long/short, relative value, event driven, and directional strategies.
Experience with diversifying strategies portfolio construction and risk management.
Experience with investment programs such as eVestment, FactSet, Bloomberg, Albourne Castle, and sophisticated Excel spreadsheets.
Experience writing manager due diligence reports and presenting to committees or large groups.
Ability and willingness to travel nationally and occasionally internationally for meetings and conferences.
CFA and / or CAIA Designations
CFA and/or CAIA designation.
Core Attributes
Respect – Treats all individuals fairly and respectfully; works effectively with others; fosters an environment where opportunities to thrive are available to all.
Teamwork – Acts in a professional, respectful, and courteous manner; recognizes the worth of others and places the good of the team ahead of personal objectives.
Flexibility – Demonstrates willingness to change to meet organizational needs; manages discomfort with a changing work environment and remains calm.
Communication – Effectively articulates and exchanges information with internal and external stakeholders; responds promptly.
Initiative – Takes appropriate action without waiting for explicit instructions; generates creative approaches to problems and opportunities.
Critical Thinking – Identifies and weighs options, makes sound decisions after reviewing all relevant information, plans for potential problems, takes calculated risks, and recognizes impact.
Time Management – Prioritizes and manages time effectively across competing tasks; meets deadlines and arrives on time for meetings.
Attention to Detail – Demonstrates accuracy and thoroughness when accomplishing tasks.
How to Apply Upload your resume and a cover letter detailing how you meet the desired attributes listed above. Clearly demonstrate attributes and qualifications in application materials. Applications accepted through the job announcement closing date, though recruitment may close early if a well‑qualified applicant pool is received. Apply early if interested.
Benefits of Joining Our Team
Low employee premium share for medical, dental, vision, and basic employee life (1% or 5% employee share).
Robust paid leave package (vacation, personal business, holidays, sick leave, floating days of leave).
PERS retirement benefits.
Support with training and development.
Student loan forgiveness under the Public Service Loan Forgiveness Program (PSLF).
Optional benefits: life, short & long term disability, accidental death & dismemberment, Oregon Savings Growth Plan (deferred compensation plan), flexible spending accounts, long term care insurance, employee assistance program, and more.
About Oregon State Treasury Oregon State Treasury is led by State Treasurer Elizabeth Steiner, MD. As Treasurer, she is the state's financial leader, custodian of public funds, and chief investment officer. We prioritize investing for the long term, doing business the right way, and empowering Oregonians to invest in themselves.
We operate the state's investing, banking, and debt programs. We’re proud of the work we do to help families, governments, and businesses succeed.
We provide ways to save on taxes while also helping Oregonians save for retirement through the OregonSaves program, for education after high school through Embark savings accounts, and for disability related expenses with the Oregon ABLE savings plan.
We invest for the long‑term and sell Oregon bonds to help finance community projects like schools, roads, and armories. Because of sound Treasury management, more than 73 cents of every dollar in pension benefits comes from investment returns. The Local Government Investment Pool is available to all Oregon and Tribal governments, and it helps stretch budgets with a strong rate‑of‑return on public fund deposits.
We safeguard public funds so governments can deposit them safely in banks and credit unions. The Treasurer's office protects public assets.
We help secure low‑cost loans and bonds for nonprofit projects like hospitals and make money available to Oregon lenders, who can put that money to work in their communities.
We engage as a thoughtful shareholder to improve sustainable business practices. Oregon small businesses also benefit from OregonSaves, which allows them to facilitate a retirement savings option with no fees or legal or fiduciary risk.
Our Values and Principles
INTEGRITY
INNOVATION
DIVERSITY
TRUST
PROFESSIONALISM
ACCESSIBILITY
Special Information Prospective employees are subject to an extensive background check that may include, but is not limited to, validation of all application materials, prior employment, and professional references; driving records; and fingerprint‑based state and federal criminal and civil records. Adverse background data may be grounds for immediate disqualification.
OST does not offer visa sponsorships, and within three days of hire, the successful candidate will be required to complete the U.S. Department of Homeland Security form I‑9, confirming authorization to work in the United States.
Eligible veterans who meet the qualifications will receive veterans' preference. To receive preference you must attach appropriate documentation as outlined by the Department of Administrative Services at the Veterans Resources website. You may also call the Oregon Department of Veterans' Affairs at 1‑800‑692‑9666.
OST is an equal opportunity, affirmative action employer committed to a diverse workforce.
Consistent with the Americans with Disabilities Act (ADA), Oregon State Treasury will provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. Requests for reasonable accommodation apply to all aspects of employment, including the application process. If reasonable accommodation is needed, please call Oregon State Treasury at 503‑378‑4000 and request to be connected to Human Resources.
#J-18808-Ljbffr