Investment Operations Analyst

Job Description:

Investment Operations Analyst

Description

The Position

The current vacancy is in Ukiah, CA. At-Will position; exempt from Civil Service.

Under direction of the Auditor-Controller/Treasurer-Tax Collector (ACTTC), conducts analytical, planning and administrative duties in support of accounting, cash management, investment and debt issuance activities in the Auditor-Controller/Treasurer-Tax Collector Offices; assists in preparing annual reports, monitors investments, recommends cash and investment strategies, coordinates with contracted financial investment advisors; and performs other responsible fiscal, budgetary and administrative work as required.

Bilingual English/Spanish encouraged to apply. Se buscan personas bilingües en inglés y español. Para recibir una solicitud en español, llame a Recursos Humanos al 234-6600.

Job Requirements and Minimum Qualifications

Duties may include but are not limited to the following:

• Assist the ACTTC in planning, coordination, directing and maintenance of the investment activities of the County of Mendocino Treasury Pool as necessary.
  
• Assist in the design, development, recommendation and implementation of investment related operational and internal control policies and procedures in accordance with the goals and guidelines outlined in the adopted Investment Policy.
  
• Assist in developing other ACTTC policies, guidelines, and procedures, such as banking and cash control.
  
• Monitor and analyze the performance of investments for accuracy and compliance.
  
• Analyze bank fees, recommend cost savings, maintain bank accounts, act as liaison between bank and management.
  
• Analyze anticipated receipts and expenditures of various County, School and Special District funds as they affect the daily cash flow of the County Treasury.
  
• Conduct research and analysis regarding the issuance of long- and short-term debt instruments.
  
• Assist the ACTTC with reporting requirements related to the Quarterly Investment Performance Report.
  
• Prepare a variety of complex reports involving financial statements, bond rating agency information, statistics, legal requirements and fiduciary analysis.
  
• Analyze existing and proposed legislation affecting the treasury operation.
  
• Assist with School Bond calculations.
  
• Assist with Mendocino County Public Facilities Corporation tax filing.
  
• Assist in the development and administration of Requests for Proposals and contracts for services related to custodian banks, investment consultants, auditors, and other service providers.
  
• Perform financial analysis and/or provide data at the request of the ACTTC or the Board of Supervisors.
  
• Provide guidance to and serves as backup for the Treasury Specialist I/II classifications and assists in the training of new Treasury positions.
  
• Maintain confidential information in accordance with legal standards and /or County policy and regulations.
  
• Maintain and enforce the collection record retention schedule.
  
• Perform other duties as assigned.

MINIMUM QUALIFICATIONS REQUIRED

Education and Experience:
Equivalent to a bachelor’s degree from an accredited college or university with a major in Business, Public Administration, Accounting or Finance, or closely related field and four (4) years of progressively professional level accounting or auditing, and financial/investment experience, preferably in a California government agency.

A Master’s degree in a field as stated above may be substituted for one (1) year of experience. Or,
An associate degree from an accredited college or university with a major in Business, Public Administration, Accounting or Finance, or closely related field; and six (6) years of progressively responsible professional level accounting or auditing.
Or,

A combination of education, training, and experience which provides the required knowledge, skills, and abilities to perform the essential functions of the job

Licenses and Certifications:
None.
Certified Public Accountant (CPA) preferred but not required.

Knowledge, Skills, and Abilities

Knowledge Of:

• Governmental Accounting Standards Board (GASB) Statements, Interpretations, Technical Bulletins and Concept Statements.
• Governmental accounting practices, actuarial principles and accounting standards.
• Investment categories and transactions, asset allocation and financial management procedures and practices.
• Modern portfolio theory and application.
• Risk monitoring and management methods and techniques.
• Analytical techniques commonly used in the management of investments.
• Economic and market conditions and trends and their effect on short- and long-term investment strategies.
• Administrative principles and practices including goal setting and implementation.
• Modern principles, practices and legislative trends relative to County government and government officials.
• Laws, policies, and procedures applicable to assigned work.
• Record keeping, report preparation, filing methods and records management techniques.
• Computer applications, hardware, and other general office equipment related to the performance of the job.

Skill In:

• Performing complex financial and investment research regarding investment vehicles and contracts.
• Developing, recommending and implementing investment system strategies.
• Monitoring and adapting effectively to changing market conditions.
• Enacting timely and effective investment decisions.
• Coordinating and monitoring the work of external financial advisors.
• Preparing clear and concise comprehensive reports, financial and statistical reports, abstracts, summaries, correspondence, and other written materials.
• Establishing and maintaining effective working relationships with financial advisors and or consultants.
• Time management and project prioritization.
• Researching, compiling, analyzing, and summarizing a variety of complex financial and statistical data.
• Communicating clearly and effectively, both orally and in writing.

Mental and Physical Abilities:

• Read, understand and interpret laws, regulations, personnel policies, memoranda of understanding.
• Recognize and maintain confidentiality of information in compliance with County regulations.
• Understand and assess the quality, accuracy and reliability of manager and consultant reports and the application of such data.
• Formulate and make recommendations on investment policies and strategies.
• Analyze data, interpret policies, procedures and regulations, and develop appropriate conclusions.
• Set up, maintain and verify complex, financial accounting systems.
• Prepare and present reports on portfolio performance and investment activity.
• Write clear, concise and accurate reports and correspondence.
• Speak effectively before individuals and/or groups.
• While performing the essential functions of this job, the incumbent is regularly required to: stand, walk; sit; use hands to finger, handle, or feel objects; reach with hands and arms; speak and hear; and push, pull, move, or lift above and below the neck objects weighing up to 20 pounds.

Selection Procedure & Other Important Information

Important Application Information:

• It is your responsibility to demonstrate through your application materials how you meet the minimum qualifications of the position/s for which you apply.
• You must complete all sections of the application. A résumé or other information you feel will help us evaluate your qualifications may be attached to your completed application, but will not be accepted in lieu of completing any part of the application. Blank applications that contain only a résumé or those that reference “see résumé” will be rejected as incomplete.
• Check your application before submitting to ensure it is complete and correct; no new or additional information will be accepted after the closing date.
• Inquiry will be made of your former and current employers; please provide the names and telephone numbers of supervisors on your application.
• You must provide the names and contact information of at least three (3) references (not relatives) that have knowledge of your job skills, experience, ability and/or character.
• Application materials are the property of Mendocino County and will not be returned.
• It is your responsibility to keep your NEOGOV profile updated, including any changes to your telephone number or address. Failure to do so may result in missed notification of exams or interviews.
• The exam process listed on this flyer is tentative. Mendocino County reserves the right to make necessary modifications to the examination plan. Such revisions will be in accordance with approved personnel standards. Should a change be made, applicants will be notified.
• The provisions of this job bulletin do not constitute an expressed or implied contract.

Examination Process: All complete applications and supplemental questionnaires submitted by the final filing date will be reviewed with those judged most qualified progressing further in the selection process; incomplete applications will not be considered. Based on the number of qualified candidates, a Qualifications Appraisal may be administered.

Special Testing: The County of Mendocino is committed to the full inclusion of all qualified individuals. In accordance with the Americans with Disabilities Act (ADA) and California’s Fair Employment and Housing Act (FEHA), if special accommodations for a disability or religious conviction are necessary at any stage of the application and/or testing process, please notify the Human Resources Department in advance at (707) 234-6600. Reasonable notice is required to allow adequate time for review and evaluation of your request.

Special Requirements: Employment in some County departments or positions may require the successful completion of a pre-employment criminal background, which may include fingerprinting, and/or a medical examination, which may include drug screening.

This announcement is a synopsis of duties and requirements of this job. To review the complete classification specification and benefits, please see the HR website. Applications must be submitted to the Human Resources Department by the final filing date.

The County of Mendocino is an Equal Opportunity Employer

This information is a summary of general benefits. Benefits listed in Mendocino County Resolutions or Memorandums of Understanding prevail over this listing. This information is not legally binding, nor does it constitute a Contract.

SALARY
Compensation is based on a five-step salary range, with annual merit-based increases within the salary range.

RETIREMENT
Covered under Social Security and the 1937 act; both employees and the County pay into the retirement fund. For the most current information regarding County Retirement please go to:
https://www.mendocinocounty.org/retirement

HOLIDAYS AND PERSONAL LEAVE
Mendocino County observes 11 paid holidays per year. Employees are granted 24 - 48 hours of personal leave annually, depending upon Bargaining Unit.

VACATION
Accrues at the rate of two weeks per year for three years. Three weeks per year after three years, four weeks after eight years and five weeks after 15 years.

SICK LEAVE
Paid sick leave accrues at the rate of 1.25 days per month, or 15 days per year. Accruals are pro-rated for part-time employees working at least 20 hours per week. Part-time employees working less than 20 hours per week, and extra-help employees receive up to 24 hours (or 3 days) of paid sick leave annually.

MEDICAL, DENTAL, VISION, AND LIFE INSURANCE
The County and the employee share the cost of an employee selected health care plan; enrollment in the plan includes $20,000 Life Insurance.

HEALTH INSURANCE
For the most current information regarding Health Insurance please go to:
http://www.mendocinocounty.org/hr/ehb

EMPLOYEE ASSISTANCE PROGRAM
For the most current information regarding Employee Assistance please go to:
http://www.mendocinocounty.org/hr/eap

EMPLOYEE WELLNESS PROGRAM
For the most current information regarding Employee Wellness please go to:
http://www.mendocinocounty.org/hr/mcwow

LABOR CONTRACTS
For the complete list of most current labor agreements please go to:
http://www.mendocinocounty.org/hr/labor

Closing Date/Time: 6/25/2025 11:59 PM Pacific

Salary:

$90,230.40 - $109,678.40 Annually