PURPOSE OF JOB CLASS (NATURE OF WORK)
In the Office of the State Treasurer, this class is accountable for independently performing a full range of tasks in administering specific investment programs and clearing, accounting and reporting all securities transactions in the investment areas.
Works under the general supervision of an Investment Officer, Debt Management Specialist or other employee of higher grade.
May lead clerical staff as assigned.
EXAMPLES OF DUTIES
Implements operating procedures designed to maximize staff efficiency in clearing, recording and accounting of all security transactions for all investment functions managed by State Treasurer; maintains appropriate internal control procedures; works with brokers and bank custodians in clearing security transactions for all investment funds; maintains records of brokerage affiliates; reviews quarterly interest reports furnished by bank and distributes quarterly income payments to participating municipalities and state agencies; prepares reports on investment performance and management of monies of department; may review work of staff to ensure accurate and timely handling of daily investment transactions; may prepare reports required by regulatory agencies; performs related duties as required.
KNOWLEDGE, SKILL AND ABILITY
Considerable knowledge of broad practices of investment procedures to include mutual funds, short term bond instruments and student loan programs; considerable knowledge of investment terminology; knowledge of effective training techniques; some knowledge of basic accounting principles and practices interpersonal skills; oral and written communication skills; considerable ability to prepare graphs, charts and related statistical diagrams; ability to utilize computer software;.
MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE
Five (5) years of technical experience in a financial organization involving the purchase, recording and sale of investment securities.
MINIMUM QUALIFICATIONS - SUBSTITUTIONS ALLOWED
College training in business administration, economics, finance, accounting or closely related field may be substituted for the General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of two (2) years.
Appointed by the Treasurer in accordance with Section 3-13a of the Connecticut General Statutes.
JOB CLASS DESIGNATION
(16)-ADMIN & RESID (P-5)
This replaces the existing specification for the class of Investment Technician 2 in Salary Group AR 18 approved effective July 1, 1988. (2012 SCOPE Review)