The Treasurer of State is looking to hire an investment manager (Senior Investment Manager II) with a college degree in accounting, economics, finance, or a related field.
In addition, this person should have knowledge and experience in investing/trading, with an emphasis on both commercial paper and mortgage backed-securities (primary emphasis on the latter).
The applicant needs knowledge and understanding of liquidity maintenance and cash-flows, experience trading and operating on Bloomberg, and working with Microsoft Excel.
Treasurer of State
c/o Kristina Duke 500 Woodlane, Suite 220
Little Rock, AR 72201
State Treasurers serve as the chief fnancial ofcers, bankers, and money managers of their respective states by safeguarding public funds and providing a wide range of fnancial management services to their constituents. While their specifc roles and responsibilities may vary, all State Treasurers play a critical role in overseeing their state’s assets, investments, and overall fscal well-being.
As proud sponsors of “Daniel Tiger’s Neighborhood,” we are inspired by Fred Rogers Productions’ mission to reach children and families nationwide with programming that instills a lifelong passion for learning. Their ambition is what motivates 529 College Savings Plans’ own mission to increase access to higher education and ease the student loan debt crisis. We want to do our part to make sure every child has the ability to reach their fullest potential.
529 college savings plans are tax-advantaged savings plans that help families save for higher education so they can be less reliant on student loans.
There are two types of plans:
College Savings Plans – You contribute post-tax money into your plan and those contributions are invested based on the specific plan and your risk tolerance. Your earnings are yours to use tax-free as long as they are used for qualified higher education purchases.
Prepaid Tuition Plans – 10 states – which include Florida, Maryland, Massachusetts, Michigan, Mississippi, Virginia, Texas and Washington – and one not-for-profit organization let you pre-purchase future tuition at a predetermined rate today. An account owner purchases full or partial years or individual units of tuition for a child, and when the child decides to go to college, the plan pays out based on tuition rates from when the account was originally opened.
The U.S. retirement system has fundamentally changed since the 1970s, and several challenges have emerged, including: 1. Baby boomers reaching retirement age, affecting Social Security’s finances. 2. Complexity of planning and managing funds in employer-sponsored retirement plans. 3. Growing debt and health care costs hindering individual savings. These challenges increase the risk that people will outlive their retirement savings and put added pressure on government programs. This testimony from U.S. Comptroller General Gene Dodaro is based on an earlier report that recommended establishing a commission to comprehensively examine the retirement system. — U.S. Government Accountability Office
We are pleased to announce that registration for NAST’s 2019 Legislative Conference is now open and that the Washington Post’s Michelle Singletary will be serving as the Keynote Speaker! The conference will be held at the historic Mayflower Hotel in Washington, D.C. The conference will begin on Sunday, February 10th and run through February 12th. For the first time ever, NAST will be offering early bird registration rates which will be available until January 7th. Additionally, NAST will be offering a Live Stream of the three sessions on Monday morning.
Personal Finance Columnist, Washington Post
Education: University of Maryland; Johns Hopkins University
Michelle Singletary writes the nationally syndicated personal finance column The Color of Money, which appears in The Washington Post on Wednesdays and Sundays. Her award-winning column is syndicated by The Washington Post Writers Group and is carried in dozens of newspapers nationwide. She has written three personal finance books, including her latest, “The 21-Day Financial Fast: Your Path to Financial Peace and Freedom.” Singletary was the financial expert for “The Revolution,” a daytime program on ABC. For two years, she was host of her own national television program, “Singletary Says,” on TV One. She is a frequent contributor to various NPR programs and has appeared on national talk shows and television networks, including “Oprah,” NBC’s “Today,” “The Early Show on CBS” and CNN.
In her spare time, Singletary is the director of a ministry she founded at her church, in which women and men volunteer to mentor others who are having financial challenges. As part of this ministry, she and her husband also volunteer to teach financial literacy to prison inmates. She is a graduate of the University of Maryland at College Park. She has received the Distinguished Alumni Award from Johns Hopkins University, where she earned a master’s degree in business and management.
For more information, including the conference agenda, information about the hotel, and to register for the onsite or online event, click here.
The State, as a top-tier pension administrator, intends to secure a contract for investment master custody and related services including but not limited to: –
· Client relationship services, account set-up, maintenance and administration
· Global master custody and safekeeping services
· Trade processing, income and tax reclaim collection and settlement
· Securities litigation services
· Portfolio accounting and reporting service
· Third-party securities lending support services
· Corporate actions and proxy voting services
· Cash investment and foreign exchange services
· Daily valuation and unitization of portfolios
· Technology Consulting
The State is also requesting information management and decision-support tools, including consultation and training on such tools, providing performance measurement, portfolio analytics, compliance and risk reporting for the State’s investment assets.
Responses due by February 4th at 2:00 PM