Job summary
Job post source
This job is directly from Maryland State Treasurer's Office
Job overview
The Investment Operations Manager oversees the investment and cash management activities of the Maryland State Treasurer's Office, ensuring safe and prudent management of state funds.
Responsibilities and impact
The role involves managing investment operations, ensuring compliance with laws and policies, supervising staff, and developing policies to automate cash management for the state's $650+ billion annual cash flow and $25+ billion investment portfolio.
Compensation and benefits
The position offers full-time state employment benefits including paid holidays, vacation/sick/personal days, subsidized medical and dental plans, defined-benefit pension plan, 401(k)/457 plans, employee credit union, direct deposit, and free parking.
Experience and skills
Candidates should have a bachelor's degree in business, finance, economics or related field, hands-on experience with fixed income investments, knowledge of public finance, government or non-profit investing, and supervisory experience; additional treasury or financial certifications or postgraduate education are preferred.
Work environment and culture
The role is within a government office emphasizing adherence to statutes and policies, with a management service position serving at the pleasure of the Maryland State Treasurer, located in Annapolis.
Company information
The Maryland State Treasurer's Office manages the investment of state funds under state finance laws, focusing on safe, liquid, and prudent investment of public monies.
Team overview
The Investment Department is a small three-person team led by the Deputy Director of Investment Services, with the Investment Operations Manager supervising one subordinate.
Job location and travel
The position is based in Annapolis, Maryland, with a requirement for candidates to work in this location.
Application process
Applicants must be willing to work in Annapolis and will undergo a background check including credit and criminal history.
Unique job features
The role involves managing a large state investment portfolio and cash flow, with a focus on public finance and government investment operations, offering a stable government management service position.
Company overview
The Maryland State Treasurer's Office is a key financial agency responsible for managing the state's cash flow, investments, and debt. It oversees the issuance of bonds, ensuring the state secures funding for infrastructure and public projects while maintaining a strong credit rating. The office also manages insurance coverage for state assets and serves as the custodian of state funds. Established to safeguard Maryland's financial stability, it plays a critical role in fiscal policy and collaborates with other state agencies to ensure efficient financial operations.
How to land this job
Tailor your resume to emphasize your hands-on experience with fixed income investments and your knowledge of public finance, highlighting any familiarity with government or non-profit investing and cash management.
Showcase your leadership skills by detailing your experience supervising staff, including managing work assignments, performance evaluations, and training, as these are critical for the Investment Operations Manager role.
Apply through multiple platforms such as the Maryland State Treasurer's Office official website and LinkedIn to maximize your chances of being noticed for this position.
Connect with current employees in the Investment Department or related divisions on LinkedIn, using ice breakers like commenting on recent state investment initiatives or asking about the department's approach to balancing risk and liquidity.
Optimize your resume for ATS by incorporating keywords from the job description like 'fixed income investments,' 'public finance,' 'cash management,' 'investment portfolio,' and 'staff supervision' to ensure it passes initial screenings.
Leverage Jennie Johnson's Power Apply feature to automate tailored applications, identify multiple application channels, and find LinkedIn contacts for networking, allowing you to focus your energy on preparing for interviews and strategic job searching.
Jennie Johnson works for you!
Here’s what we do to make sure you’re successful:
Targeted Resume Revamp:
We expertly craft your resume to navigate Applicant Tracking Systems (ATS) and showcase your qualifications, making you stand out as a top-tier candidate.
Job Description Dissection:
Unpack the job posting with expert analysis, ensuring your application hits every key requirement.
Bespoke Cover Letter:
Capture the attention of hiring managers with a personalized cover letter that highlights how your skills align perfectly with the job's needs.
Interview Mastery:
Prepare for interviews like a pro with likely questions, strategic answers, and insightful questions for you to ask, setting you apart as an informed candidate.
Direct Application Insights:
Receive tailored advice on the best places to apply, ensuring your applications are seen by the right employers.
Skills and Gaps Assessment:
Identify and close critical skills gaps to position yourself as the best-fit candidate for your ideal job.
Personalized Email Pitch:
Make a memorable first impression with an email template crafted to engage potential employers and initiate meaningful conversations.
In-depth Research Guide:
Leverage comprehensive research tools to gather effective insights on companies, industry trends, and role-specific challenges.
Detailed Company Analysis:
Gain in-depth understanding of your prospective employer, giving you the edge in applications and interviews.
Strategic Candidate Overview:
Understand your unique value and why companies would want to interview you, highlighting your background and positioning.