Posting Date:  01/25/2019
Salary:  $78,520.00 – $108,243.20 Annually
Entity:  Kitsap County
Closing Date:  Open Until Filled


A unique opportunity to serve the citizens of Kitsap County as an Investment Officer managing the County and Junior Taxing Districts’ Investments! Make a difference in your community. Become a part of the Kitsap County team!

The Office of the Kitsap County Treasurer

The County Treasurer holds a key position of public trust in the financial affairs of local government. Acting as the “bank” for the county, school districts, fire districts, water districts, and other units of local government; the treasurer’s office receipts, disburses, invests, and accounts for the funds of each of these entities.

The Position

The Investment Officer professionally manages the investment activities of all participants in the Kitsap County Investment Pool and Kitsap County. Identifies investment opportunities, formulating strategy, and implementing approved plans to minimize risk and maximize return and liquidity for participants. The position provides short and long-term cash management for the County and its junior taxing districts. In addition, the incumbent is responsible for developing, analyzing and implementing and management of all financial service contracts and banking relationships.

Primary Duties


Essential Functions:

•Manage the investment portfolio of the Kitsap County Investment Pool. Negotiate the purchase and sale of securities consistent with legal regulations, department and county policy. Process transactions through investment software, custodial instructions and wire transfer initiation. Develop and monitor investment objectives.
•Financial Authority includes: Directly manages investment portfolio in excess of $400 million. Provides daily liquidity of county cash assets through analysis of $100 million in banking transactions monthly. Calculates and distributes investment earnings to 200+ individual funds.
•Research and identify investment opportunities, using computer-enhanced analysis to monitor market conditions, analyze yield, arbitrage, risk factors, and determine cash flows. Develop and recommend investment strategies and related financial investment instruments, providing worst case/best case scenario.
•Manage county cash liquidity and initiate transactions to provide short and long-term liquidity to the county and junior taxing districts.
•Perform all accounting functions related to investment activity. Record all deposits, withdrawals and earnings. Reconcile all documentation from custodial agents, banks and broker dealers. Calculate investment earnings and distribute to pool participants. Provide monthly reports to Treasurer.
•Write, negotiate and implement Treasury and custodial investment services on behalf of the Treasurer and county. Recommend and implement process improvements in cash and banking to reduce costs. Perform administration of online banking access. Direct rights and permissions of county employees and junior taxing districts to online banking services. Initiate wire transfers on behalf of county departments and junior taxing districts.
•Provide assistance & direction to county departments and districts regarding investments and banking services.


Required Education and Experience

•Bachelor’s degree in business, public administration, economics, finance, or closely related field, AND
•Six years of progressively responsible work experience managing public funds or fixed income/money market securities and /or cash management activities.
•Note: Additional qualifying experience may be substituted year for year, for a maximum of two years of the educational.

Preferred Education, Experience or Other Qualifications

•Current Chartered Financial Analyst(CFA)
•Certified Treasurer Professional designation(CTP)

Contact Information

For more information and/or to apply visit


Other Information