Sign upLog in

Director of Investments - Government Savings Programs

State of Iowa

Des Moines, IA

Apply
JOB DETAILS
SALARY
$99,964.80–$142,355.20 Per Year
SKILLS
Analysis Skills, Benchmarking, Chartered Financial Analyst (CFA), Communication Skills, Construction Management, Consulting, Customer Relations, Dental Insurance, Disability Insurance, Due Diligence, Economics, Fiduciary, Finance, Government, Investment Funds, Investment Management, Investment Services, Investment Strategy, Life Insurance, Management Consulting, Performance Analysis, Performance Management, Performance Reviews, Policy Development, Proposal Writing, Public Administration, Purchasing/Procurement, Retirement Plan, Risk, Strategic Analysis, Vendor/Supplier Management, Vendor/Supplier Selection, Vision Plan, Wealth Management
LOCATION
Des Moines, IA
POSTED
2 days ago

Director of Investments - Government Savings Programs

Salary

$99,964.80 - $142,355.20 Annually

Location

Des Moines - 50319 - Polk County, IA

Job Type

Full-time

Job Number

26-03494

Agency

655 Iowa Treasurer of State

Opening Date

06/25/2026

Closing Date

7/16/2026 11:59 PM Central

LinkedIn Tag

#LI-DNP

Point of Contact

Hiring Manager at Administration@tos.iowa.gov

To Apply

Submit your resume and cover letter to Administration@tos.iowa.gov Please include the Job Title, "State of Iowa - Office of the Treasurer ", in the subject line

Job Description

State of Iowa - Office of the Treasurer

The State of Iowa is seeking a strategic and analytical investment leader to serve as the Director of Investments - Government Savings Programs. This newly created position will lead investment strategy and oversight for the Treasurer's consumer-focused savings programs, including ISave 529, IAdvisor 529, IAble, and FirstHome Iowa.

This position is responsible for investment program design reviews, asset allocation, investment option selection, manager oversight, performance evaluation, fee analysis, and fiduciary governance across Iowa's Government Savings Programs. The Investment Director will also play a key role in launching new savings initiatives, including building FirstHome Iowa from the ground up.

In addition, this position serves as a strategic investment advisor to the State Treasurer, supporting investment-related responsibilities including the Treasurer's service on the IPERS Investment Board.

This is an exciting opportunity for an experienced investment professional to combine sophisticated investment strategy with meaningful public impact.

Key Responsibilities

  • Lead investment strategy and oversight for ISave 529, IAdvisor 529, IAble, and FirstHome Iowa.
  • Review asset allocation strategies, investment structures, and portfolio design.
  • Monitor investment performance, benchmarks, fees, and risk-adjusted returns.
  • Evaluate investment managers, funds, and investment products.
  • Coordinate all investment-related activities across Government Savings Programs.
  • Lead development and implementation of new savings initiatives, including FirstHome Iowa.
  • Draft and manage RFPs, vendor selection, and procurement processes.
  • Develop investment policies, governance frameworks, and oversight procedures.
  • Support investment committee meetings and prepare analyses and recommendations.
  • Advise the State Treasurer on strategic investment matters, including IPERS-related investment issues.

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 Following Training Period
  • 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

  • Significant experience in institutional investment management, investment consulting, wealth management, retirement plan consulting, or a related field.

  • Strong knowledge of asset allocation, portfolio construction, manager selection, and fiduciary governance.

  • Experience with 529 plans, ABLE plans, defined contribution plans, or similar investment programs preferred.

  • Experience with investment program design, performance evaluation, and manager due diligence preferred.

  • Strong analytical, communication, and strategic thinking skills.

  • Bachelor's degree in finance, economics, business, public administration, or related field required.

  • CFA designation and/or advanced degree preferred

Employer State of Iowa

Agency 655 Iowa Treasurer of State Address State Treasurers Office

Capitol Building

Des Moines, Iowa, 50319

Website https://www.iowatreasurer.gov/index.cfm

About the Company

S

State of Iowa