DIRECTOR OF INVESTMENT OPERATIONS - Range 24 / EXE
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DIRECTOR OF INVESTMENT OPERATIONS - Range 24 / EXE
Salary
$97,673.99 - $192,965.19 Annually
Location
Anchorage, AK
Job Type
Executive
Job Number
2025-00806
Department
Finance
Division
Finance
Opening Date
08/28/2025
Closing Date
9/19/2025 5:00 PM Alaska
Description
Benefits
Questions
Job Information
Open to the general public and any current Municipal employee.
This is an executive position (no union affiliation) and serves at the pleasure of the Mayor of the Municipality of Anchorage.
DEPARTMENT: Finance
HOURS OF WORK: Monday through Friday; 8:00 a.m. to 5:00 p.m.
LOCATION: 632 W. 6th Avenue
To be considered for employment, applicants must be legally authorized to work and accept employment in the United States. The Municipality of Anchorage is not able to provide any type of sponsorship, including Student Visas and Employment Visas, under any circumstances.
Example of Duties
The Director of Investment Operations (DIO) leads all day-to-day investment functions of the MOA Trust Fund, serving as Trust Manager under the AMC, IPS, and role-specific guidance. Reporting to the CFO and working under the Board of Trustees, the DIO coordinates across Municipal departments and acts as the primary point of contact for all Trust operations. This role ensures compliance with the IPS, maintains liquidity, and drives return optimization. The DIO plays a central role in selecting and evaluating external investment managers and analyzing financial and strategic issues impacting Trust outcomes. Regular reporting to the Board includes recommendations for policy and strategy enhancements. The DIO is expected to apply deep institutional investment expertise while remaining fluent in current market developments. The role supports the Board directly, organizing training, operational resources, and staff needs. It also includes budget development and submission of Board-approved appropriations. With Board approval, the DIO may consult on other MOA investments. Technical proficiency in Microsoft Office and large financial systems is required. Perform other duties as assigned.
Minimum Qualifications / Substitutions / Preferences
Master's degree in Business Administration, Finance, Public Administration, Economics or similar discipline and eight (8) years of institutional investment management experience, four (4) years of which must have been in a supervisory or senior level capacity.
OR
Bachelor's degree in Business Administration, Finance, Public Administration, Economics or similar discipline and ten (10) years of institutional investment management experience, four (4) years of which must have been in a supervisory or senior level capacity.
OR
Associate's degree in Business Administration, Finance, Public Administration, Economics or similar discipline and twelve (12) years of institutional investment management experience, four (4) years of which must have been in a supervisory or senior level capacity.
OR
Chartered Financial Analyst (CFA) designation and twelve (12) years of institutional investment management experience, four (4) years of which must have been in a senior-level capacity.
Additional Important Information
The Municipality of Anchorage participates in the U.S. Department of Homeland Security E-Verify Program. For more information, please go to . E-Verify® is a registered trademark of the U.S. Department of Homeland Security.
If selected for hire, the appointment in this position will be conditional based upon a satisfactory Municipal Employment Office conducted Background Check. A Background Check encompasses criminal history, verifying education, and verifying dates of employment.
Military Service Interview Preference
Veterans who wish to be considered for interview preference, as permitted in Municipal Personnel Rules 3.30.031 D, must attach to the application a copy of their DD Form 214, DD Form 256, NGB Form 22, or a letter from the US Department of Veterans Affairs, recognizing the person as a veteran. The attached documentation must show an honorable discharge or general (under honorable conditions) discharge. The minimum qualifications of the position must be met for preference consideration.
Individuals currently serving as a member in good standing in the National Guard or the organized military reserves who wish to be considered for interview preference, as permitted in Municipal Personnel Rules 3.30.031 D, must attach proof of current service to the application. Proof of current service can be shown by submission of a statement of service which, at a minimum, shows the full name, date of birth, Social Security Number, date service began, branch of service, rank, name of command providing the information, and unit of assignment. The statement of service must be on a form or letterhead of the individual's command organization, and shows the name, signature, title, and contact information of the signer providing the statement of service. The minimum qualifications of the position must be met for preference consideration.
The Municipality of Anchorage is an Employer of National Service. Please be sure to include any volunteer work with AmeriCorps, Peace Corps, or other national service programs on your application in the work history portion.
Application Process
Once an applicant selects on the "Apply" link underneath the header section of a vacancy announcement, they will be directed to the www.GovernmentJobs.comwebsite to log into their existing account (or to create an account) of their application profile. Applicants will create or review their profile, make any updates necessary, and submit their application from their personal account.
NOTE: The GovernmentJobs website and applicant's profile accounts are not administered by the Municipality of Anchorage. For technical assistance or customer service regarding an account profile, applicants may contact the GovernmentJobs customer support line at 1-855-###-####.
For general questions regarding Municipal vacancy announcements or the employment process with the Municipality of Anchorage, applicants may contact the Human Resources Department at 907-###-#### during regular business hours of Monday through Friday, 8:00 am to 5:00 pm, Alaska Standard Time.
The MOA is an EO and AA Employer and complies with Title I of the ADA.
For information regarding requests for reasonable accommodations related to employment under the Americans with Disabilities Act, please contact the Municipality of Anchorage ADA Coordinator at 907-###-####.
The Municipality of Anchorage (MOA) offers a competitive benefits package to eligible employees that may include:
Health / Medical Benefits:
Medical/Dental/Vision/Audio
Life Insurance
Dependent Life Insurance
Short Term Disability
Long Term Disability
Flexible Spending Accounts – Health and Dependent Care
Health Savings Accounts
Retirement:
State of Alaska Public Employee Retirement System (PERS) Program
401(k) and 457 Savings Plans
Employer Paid Benefits:
Employee Assistance Program
Paid Leave Plan
13 Paid Holidays
For an overview of our medical benefit package go to
01
In order to be considered, applicants must provide accurate and complete education and work history information in its entirety. The referenced information listed on the online application will be used to determine the applicant's qualifications toward meeting the minimum requirements for the position (e.g., if you list that you have 6 years of experience in a certain field, that experience must be easily identifiable on the 'Work Experience' section of your application).
Attaching a resume is not an alternative to filling out the application in its entirety. Noting "see resume" or any similar comment on any portion of your application may lead to you being disqualified for the position.
If the experience you reference in the below questions is not clearly included and described in your Work History section, your application will be considered not qualified for this position and you may be removed from consideration.
Do you understand, in order to be considered for this position, accurate and complete education and work history information must be provided?
Yes
No
02
Are you legally authorized to work and accept employment in the United States without the requirement of a sponsorship from an employer?
Yes
No
03
Which best describes your completed level of education?
Less than an Associate's degree
Associate's degree in Business Administration, Finance, Public Administration, Economics or similar discipline
Bachelor's degree in Business Administration, Finance, Public Administration, Economics or similar discipline
Master's degree or higher in Business Administration, Finance, Public Administratio, Economics or similar discipline.
Chartered Financial Analyst (CFA) designation
04
What best describes your years of institutional investment management experience?
Less than 8 years
8 yeas to less than 10 years
10 years to less than 12 years
12 years or more
05
How many years of experience do you have in a supervisory capacity?
Less than 4 years
4 years or more
Required Question
Employer
Municipality of Anchorage
Address
632 W 6th Avenue, Suite 605 Anchorage, Alaska, 99501
Phone
(907) ###-####
Website
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