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Iowa Department of Administrative Services Investment Officer in Des Moines, Iowa

Investment Officer

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Investment Officer


$50,252.80 - $76,336.00 Annually


Des Moines - 50319 - Polk County, IA

Job Type


Job Number



655 Iowa Treasurer of State

Opening Date


Closing Date

6/28/2024 11:59 PM Central

LinkedIn Tag


Point of Contact

Hiring Manager at

To Apply

Submit your resume and cover letter to Please include the Job Title, "Treasury Investment Officer 2", in the subject line

Job Description

The Iowa Treasurer of State is seeking qualified candidates for an Investment Officer position. The Treasurer of State (TOS) acts as the State’s banker for State agencies, and has unique responsibilities related to the investment of state funds, the state pension funds and cash management.

Job Description

The Investment Officer will assist the Chief Investment Officer in daily management and oversight of the State’s cash management process and pension systems. This position will be responsible for compiling data for the daily cash desk, moving money as needed between financial institutions, preparing reports on investment activity, manage relationships with major financial institutions, oversee the State’s Lease-purchase and securities lending programs, and a variety of other duties related to cash managements and the State’s pension systems. The Investment Officer will assist with managing the Invest in Iowa and Linked Investments for Tomorrow programs, and will be responsible for bond administration for the state treasury which includes tracking bond proceeds, completing reporting and filing required reports with the MSRB.

Opportunities involve networking and developing relationships with best-in-class investment firms, as well as access to the latest research and best ideas. Collaboration with the Chief Investment Officer provides mentorship and the successful candidate will be encouraged to seek out continuous improvement by deepening their knowledge in the arenas of public finance and state resource management (bonding).

The successful candidate must possess a high degree of emotional intelligence, positive attitude, utilize a solution-driven approach to problem solving and understand the importance of maintaining positive working relationships with both internal staff and external service providers. The Investment Officer will need to be comfortable creating and presenting materials for review by the State Treasurer, Deputy Treasurers, Chief Investment Officer, state legislators and outside organizations such as the Peace Officers’ Retirement System (PORS), Judicial Retirement System (JRS) and the Iowa Public Employee Retirement System (IPERS) Board.

Enjoy the benefits of working for the State of Iowa

Employer Highlights:

The Iowa Treasurer’s Office is a well-respected employer. We are focused on earning and maintaining the public’s trust and confidence through providing excellent customer service, while offering a wonderful team atmosphere, work-life balance, free parking, and casual attire. We have a great total compensation package for all of our full-time employees, including:

  • Iowa Public Employees’ Retirement System (IPERS)

  • Retirement Investors Club (RIC)

  • Flexible Working Environment- Work from Home Opportunities

  • Health, Dental and Vision Insurance

  • Vacation Leave

  • Sick Leave

  • Paid Holidays (9 days/year)

  • Flexible Spending Accounts

  • Life Insurance

  • Long-Term Disability Insurance

This is a non-merit position with the Iowa Treasurer of State. Candidates must follow the instructions in the "To Apply" section.

Minimum Qualification Requirements

Graduation from an accredited four-year college or university with major course work in accounting, finance, business administration or related field.


State of Iowa


655 Iowa Treasurer of State


State Treasurer's Office

Capitol Building

Des Moines, Iowa, 50319


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