Salary: $35.93 - $67.66 Hourly
Location : East Lansing, MI
Job Type: Permanent Full Time
Remote Employment: Flexible/Hybrid
Job Number: 2701-27-14-2
Department: Treasury
Opening Date: 11/05/2026
Closing Date: 11/19/2026 11:59 PM Eastern
Bargaining Unit: NON-EXCLUSIVE REPRESENTED EMPLOYEE (NERE)
Job Description**This position offers the ability to
work remotely three days per week with a
Flexible/Hybrid work schedule. **This position is responsible for making recommendations for investment purchases, sales, and holds in companies or limited partnerships in one or more specific industries and other closely related business fields for the venture capital portfolio of the multi-billion dollar State of Michigan Retirement Systems (SMRS) pension fund and manages one or more investment portfolios. Management of such funds include making recommendations to buy, hold, or sell investments based upon identifying qualitatively (via meetings, conference calls, reading, macro/micro research) and quantitatively (financial modeling) the drivers of risk and return, as well as playing a lead role in asset allocation recommendations and investment manager selection. Position provides opinion and supports recommendations to underwrite assigned investments. Position prepares regular reports as assigned to assist in monitoring fund performance and compliance in accordance with specific contract terms, with a high level of knowledge of all investment performance, compliance and legal requirements.
To learn more, review the position descriptions below:
($35.93 - $52.12)Treasury Investment Specialist 14 ($41.39 - $59.74)Treasury Investment Specialist 15 ($45.81 - $67.66)The "Salary" listed above is a range that reflects the minimum and maximum rate at the 13, 14, and 15 level. Candidates will be reviewed to determine what level they are qualified for based on education and professional experience.
Experience and Education EducationPossession of a bachelor's degree in business administration, accounting, finance, economics, or real estate management/financing.
ExperienceFour years of professional experience equivalent to a Treasury Investment Analyst P11.
Please Note: Qualifying professional experience is only considered post-bachelor's degree. A position is considered professional if the job requires a bachelor's degree.View the job classification specification at:
Other Considerations Alternate EducationPossession of a bachelor's degree in any major and a Chartered Financial Analyst (CFA) designation may be substituted for the education requirement.
Special Requirements, Licenses, and CertificationsCertain positions may be assigned subclass codes and individuals appointed must possess the required specialized experience. Some positions may require designation as a Certified Commercial Investment Member (CCIM).
Additional Requirements and Information Please attach a cover letter, detailed resume, and a copy of your OFFICIAL college transcript(s) and/or your active CFA designation to your application Failure to do so may result in your application being screened out.
Official Transcripts. For our purposes, "official college transcripts" must contain the applicant's name, college/university name and address, the degree conferred, and date granted, coursework completed (especially if no degree granted), the Registrar's signature and/or seal, and MUST be recognized by the Council on Higher Education Accreditation (CHEA). A scanned or electronic copy is acceptable, as long as it contains the elements listed above.
Failure to provide this evaluation at the time of application may result in you being screened out of the process.Foreign Transcripts: Applicants who possess a degree from a foreign college or university
MUST have their academic credentials evaluated or converted into U.S. educational equivalents unless the degree has been recognized by the (CHEA). Civil Service accepts evaluations of foreign credentials from or the
Failure to provide this evaluation at the time of application may result in you being screened out of the process.All work must be performed in the state of Michigan. To perform the duties and responsibilities of this position, all work must be performed in Michigan. If you currently reside outside of Michigan, you must commute to Michigan to perform the responsibilities and duties of this position at your assigned official work location.
Remote Work. To perform the duties and responsibilities of this position, all work must be performed in Michigan.If you are a State of Michigan resident, this position is eligible to work remotelyon Mondays, Thursdays, and Fridays, and must work onsite Tuesdays and Wednesdays. The selected candidate must have a secure, safe and appropriate designated workspace that allows privacy and prevents distractions to perform the duties of this position. Additionally, the selected candidate must have secure and sufficient internet access of commercial cable or wireless broadband with minimum speeds of 25 Mbps download and 5 Mbps upload. Remote work arrangements are subject to management approval and may be adjusted or discontinued at any time. additional on-site work may be required.
Please note that remote work is not available if you reside outside of the State of Michigan.Travel. This position requires independent out-of-state travel utilizing airplanes, trains, cars, taxicabs, buses, ships, etc. on evenings and/or weekends, as needed, for work-related purposes, which may include domestic and international assignments, with overnight or extended accommodations as necessary.
Interviews. Interviews may occur virtually using Microsoft Teams. No prior experience with Teams is necessary, as instructions and tips will be provided to all candidates scheduled for an interview.
AI. The use of artificial intelligence (AI) software is prohibited. If it is substantiated that AI was used in the process, your application may be removed from consideration.
Interviews. Interviews may occur virtually using Microsoft Teams. No prior experience with Teams is necessary, as instructions and tips will be provided to all candidates scheduled for an interview.
Note: Your application for this positiondoes not guarantee you will be contacted by the Department for further consideration. Only those applicants interviewed will be notified of the results; however, all applicants can view their application status in their NEOGOV profile.
Updated: 2/28/24
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TRESPL - Do you possess a bachelor's degree or higher in business administration, accounting, finance, economics, or real estate management/financing or a bachelor's degree or higher in any major and have a Chartered Financial Analyst (CFA) designation? If so, please attach a copy of your OFFICIAL transcripts and/or CFA designation.
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TRESPL - Do you possess at least four years of profession
