| Location | Des Moines, IA |
| Salary | $170,996.80–$243,401.60 Per Year |
Retirement Investment Officer Senior
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
hr@ipers.org
Job Description
Retirement Investment Officer Senior
The 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:
Finalists will be subject to a background check.
Candidates are encouraged to also apply to Retirement Investment Officer - Compliance (27-00697).
Candidates will only be considered for the individual requisition(s) that they have applied for. The decision to apply for Retirement Investment Officer (27-00697) will not affect whether or not a candidate is considered for this requisition.
E-Verify and Right to Work
The State of Iowa participates in E-Verify, a federal program that helps employers confirm the employment eligibility of all newly hired employees. Within the required timeframe, new hires will be verified through the E-Verify system to ensure authorization to work in the United States. The State of Iowa also complies with the federal Right to Work laws, which protect employees' rights to work without being required to join a labor organization. For more information, please visit www.e-verify.gov.
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 treasurers 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 treasurers 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 link to view the job description.
Why Choose the State of Iowa?
At the heart of our commitment to excellence is a dedication to our most valuable asset - our employees. Discover the outstanding benefits that set us apart as an employer of choice.
Our Robust Benefits Package Includes:
Competitive Compensation:
Enjoy a competitive salary that reflects directly on your skills and expertise.
Keep in mind, your wage is just one part of your total compensation. Unlock the complete value of your employment with the State of Iowa by using our user-friendly Total Compensation Calculator. Gain insights into your comprehensive annual compensation, including salary and State-provided benefits.
Health and Wellness:
Prioritize your well-being with our comprehensive health plans, including medical, dental, and vision coverage. Enjoy the peace of mind knowing that the State of Iowa covers 90% of the premiums, providing you and your loved ones with excellent coverage at a remarkably low cost.
Retirement Planning:
We are proud to offer the Iowa Public Employees Retirement System (IPERS). A defined benefit plan, IPERS benefits are guaranteed for life, meaning once you retire, you will receive the same monthly benefit for the remainder of your life (once vested). We invest in your long-term financial well-being, so you can retire with peace of mind. Click here to learn more about IPERS.
Paid Time Off:
Life is unpredictable, and at the State of Iowa, we understand the importance of work-life balance. Our leave policies, including paid holidays, vacation, and sick leave with unlimited accrual, ensure you have the flexibility you need for personal and family matters.
Professional Development:
Elevate your career with continuous learning opportunities. We support your growth through training programs, workshops, and tuition reimbursement.
Employee Assistance Program (EAP):
We care about your well-being beyond the workplace. Access confidential counseling, resources, and support through our Employee Assistance Program.
Diversity and Inclusion:
Be part of a diverse and inclusive workplace that embraces all backgrounds and perspectives. We believe diversity is a strength that drives innovation.
Join Us - Elevate Your Career:
Ready to elevate your career with the State of Iowa? Click here to explore more about our unparalleled benefits and discover what makes us unique. Your success is our priority!
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.
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?
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 treasurers 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 treasurers 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, ,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 fulltime experience.
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?
Required Question
Employer State of Iowa
Agency 553 Iowa Public Employees Retirement System (IPERS) Address 7401 Register Dr
Des Moines, Iowa, 50321
Website https://www.ipers.org/