Salary : $170,996.80 - $243,401.60 Annually
Location : Des Moines - 50321 - Polk County, IA
Job Type: Full-time
Job Number: 27-01155
Agency: 553 Iowa Public Employees' Retirement System (IPERS)
Opening Date: 10/22/2026
Closing Date: 11/15/2026 11:59 PM Central
LinkedIn Tag: #LI-POST
Point of Contact: Job DescriptionRetirement Investment Officer SeniorThe Iowa Public Employees' Retirement System (IPERS) is seeking investment professionals to help manage and oversee its private markets portfolio, which exceeds $14 billion and includes private credit, real assets, private equity and a growing internal co-investment program.
IPERS is considering candidates across a range of experience levels. For junior investment professionals candidates should have at least three years of experience in investment banking and/or investment management; private markets experience is preferred but not required. For senior investors, candidates should have at least 10 years of investment experience, including substantial private markets experience.
As a member of a lean, highly collaborative investment team, this professional will have the opportunity to make meaningful contributions across all aspects of private markets investing. Key responsibilities include evaluating and underwriting private credit and real asset fund investments, managing existing investment manager relationships, and supporting the continued expansion of IPERS' internal co-investment program.
The position offers significant responsibility and visibility within the organization, including direct engagement with leading investment managers and other industry participants. Operating within a flat organizational structure, the successful candidates will work closely with colleague across the investment team and contribute to a culture of collaboration, knowledge sharing and continuous improvement.
The position is based in Des Moines, Iowa and requires periodic domestic and international travel.
We offer:- Opportunity to work with a $14B+ private markets investment portfolio
- Collaborative and dynamic work environment
- Professional development and growth opportunities
- Competitive salary and package
Finalists will be subject to a background check.
Candidates are encouraged to also apply to (
27-00697).
Candidates will only be considered for the individual requisition(s) that they have applied for. The decision to apply for (
27-00697) will not affect whether or not a candidate is considered for this requisition.
Minimum Qualification Requirements Applicants must meet at least one of the following minimum requirements to qualify for positions in this job classification:
1) Graduation from an accredited four-year college or university with a degree in finance, economics, business administration, or a quantitative field (e.g., mathematics, engineering, computational finance, physics, etc.), and experience equal to five years of full-time investment portfolio management work for a stock exchange, investment or banking firm, public or private pension system, or treasurer's office.
2) All of the following (a, b, and c):
a. Three years of full-time investment portfolio management work for a stock exchange, investment or banking firm, public or private pension system, or treasurer's office; and
b. A total of four years of education and/or full-time experience (as described in part a), where thirty semester hours of accredited college or university course work in finance, economics, business administration, or a quantitative field (e.g., mathematics, engineering, computational finance, physics, etc.) equals one year of full-time experience; and
c. A total of two years of graduate-level education and full-time experience (as described in part a), where twenty-four semester hours of accredited graduate college or university course work in finance, economics, business administration, or a quantitative field (e.g., mathematics, engineering, computational finance, physics, etc.) equals one year of full-time experience.
3) Current, continuous experience in the state executive branch that includes eighteen months of full-time work as a Retirement Investment Officer.
For additional information, please click on this
01
Do you understand that the answers to all of the following questions must be truthful, honest, and accurate to the best of your ability? Please read all questions and answers thoroughly and make sure you understand them completely.
Ensure the answers to your questions match the information filled out on your application and the attachments you have uploaded. If the answers to your questions are inconsistent with your application information or uploaded attachments, you will be given zero points for the question. Knowingly misrepresenting the facts when submitting any information related to an application, examination, certification, appeal, or any other facet of the selection process will result in your disqualification from this application and future employment with the state of Iowa.
- Yes - I understand and agree.
- No
02
PLEASE READ CAREFULLY Have you filed a registration statement pursuant to the federal Foreign Agents Registration Act of 1938, as amended, 22 U.S.C. §611 et seq?
- No - I have NOT filed a registration statement pursuant to the federal Foreign Agents Registration Act of 1938, as amended, 22 U.S.C. §611 et seq
- Yes - I HAVE filed a registration statement pursuant to the federal Foreign Agents Registration Act of 1938, as amended, 22 U.S.C. §611 et seq
03
Have you graduated from an accredited four-year college or university with a degree in finance, economics, business administration, or a quantitative field (e.g., mathematics, engineering, computational finance, physics, etc.),AND have experience equal to five years of full-time investment portfolio management work for a stock exchange, investment or banking firm, public or private pension system, or treasurer's office?
04
Do you meet A, B and C:A. Three years of full-time investment portfolio management work for a stock exchange, investment or banking firm, public or private pension system, or treasurer's office; andB. A total of four years of education and/or full-time experience (as described in part a), where thirty semester hours of accredited college or university course work in finance, economics, business administration, or a quantitative field (e.g., mathematics, engineering, ,finance, physics, etc.) equals one year of full-time experience; andC. A total of two years of graduate-level education and full-time experience (as described in part a), where twenty-four semester hours of accredited graduate college or university course work in finance, economics, business administration, or a quantitative field (e.g., mathematics, engineering, computational finance, physics, etc.) equals one year of full-time experience.
- I meet A, B and C
- I do not meet A, B and C
05
Are you a current permanent State of Iowa executive branch employee? IF YES - Do you have continuous experience in the state executive branch that includes eighteen months of full-time work as a Retirement Investment Officer?
- Yes - I am a State of Iowa executive branch employee and have continuous experience in the state executive branch that includes eighteen months of full-time work as a Retirement Investment Officer
- I am not a State of Iowa employee
- I am a State of Iowa executive branch employee BUT DO NOT HAVE continuous experience in the state executive branch that includes eighteen months of full-time work as a Retirement Investment Officer
Required Question
