This position will be assigned to the Air Force Service Center at Port San Antonio, TX.
This is a regular full-time category position with guaranteed 40 hours per week. Employees appointed to a regular category position are eligible for benefits.
Relocation or Recruitment incentives are authorized (NTE $15,000.00) with a length of service up to a 2-year Service Agreement.
Applicant must meet requirements for incentive eligibility.
This position will be assigned to the Air Force Service Center at Port San Antonio, TX.
This is a regular full-time category position with guaranteed 40 hours per week. Employees appointed to a regular category position are eligible for benefits.
Relocation or Recruitment incentives are authorized (NTE $15,000.00) with a length of service up to a 2-year Service Agreement.
Applicant must meet requirements for incentive eligibility.
Depending on Experience. Internal NAF pay setting rules apply.
Please see the "Who May Apply" section under the Qualifications section.
The Investment Officer, Portfolio & Working Capital Branch, performs cash management duties to support $1.4 billion in NAF funds working capital, defined benefit pension, and 401 (k) pension portfolios, under guidance of Department of Defense (DOD) Directives, Air Force Policy, internal policies, commercial best practices and procedures. Prudently manages diversified portfolios of cash and fixed income to include purchasing, monitoring maturities and cash flows, maintaining maturity ladders, cash flow forecast, reconciliation, and reports generation to ensure the accuracy of investment program balances. Identifies and independently takes actions to resolve issues related to the program and coordinates with appropriate personnel for timely resolution. Ensures working capital investments earn a competitive rate of return while preserving safety and liquidity until the NAFs are needed to finance obligations or requirements. Invests in U.S. Treasury, U.S. Agencies, certificates of deposit with banks and savings and loans, which includes negotiating favorable investment terms and rates to ensure the highest degree of safety to minimize both credit and market risk. Systematically reviews capital market trends, yields, and pricing in coordination with investment strategies to include financial impact to NAF working capital, defined benefit pension, and 401 (k) pension portfolios. Prepares, proofs, and analyzes investment reports to include verifying accuracy of reports, including periodically reviewing investment files to ensure compliance with internal procedures and regulations. Constructs and analyzes reports to DoD, Secretary of the Air Force oversight committee, and periodic ad-hoc reports required by senior management. Monthly investment reconciliation and research to resolve variances in relation to GL accounts and subsidiary when necessary (i.e., missing interest payments or paperwork and coordinates with appropriate personnel for timely resolution.) Maintain the investment subsidiary program and prepares daily cash reports summarizing investment maturities, purchases, and interest received. Maintains a system of records for the Federal Reserve to ensure all NAF deposits are properly insured or collateralized. Corresponds with the financial institutions and the Federal Reserve to maintain adequate collateral. Consistently review current business processes, procedures, and internal controls, and provide recommended solution when appropriate. Conducts independent analyses, evaluations, reports generation, and briefings, as required, to support Treasury management functions. Assists as a Technical Contracting Representative as outlined in contracts with vendors providing financial services for defined benefit pension and 401(k) funds. Performs duties of the branch chief during his/her absence.
If interested in applying for this position you may preview the online application: https://apply.usastaffing.gov/ViewQuestionnaire/12323108
Who May Apply: Open to everyone. Applicants will be categorized by preference(s) and/or priority consideration eligibilities. An applicant's eligibility will be determined based on eligibility claimed in the questionnaire and proof of eligibility MUST be provided with application by the closing date, 04/22/2024
Business Based Action, Outside Applicant Veteran, Spouse/Widow/Parent of Veteran, and Transition Hiring Preference
In order to qualify, you must meet the experience requirements described below. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community; student; social). You will receive credit for all qualifying experience, including volunteer experience. Your resume must clearly describe your relevant experience; if the position allows for qualifying based on education, your transcripts will be required as part of your application.
Qualifying Experience:
Bachelor's degree from an accredited college or university in Accounting or Finance and experience in cash management with concentration in cash flow/fixed income and financial analysis. Experience in fixed income investment, developing and maintaining financial models with the latest tools of cash management. Must have professional experience to negotiate investment terms with financial institutions and brokerage firms. Organization and time management, and problem solving to meet deadlines, working productively and accurately, while managing multiple tasks. Must have experience with investment and accounting concepts, such as Modem Portfolio Theory, General Accepted Accounting Principles, and financial ratio analysis. Must possess experience with PC in Microsoft Office and be willing to team and use new computer programs/applications.
Knowledge, Skills and Abilities (KSA's):
Your qualifications will be evaluated on the basis of your level of knowledge, skills, abilities and/or competencies in the following areas:
Some federal jobs allow you to substitute your education for the required experience in order to qualify. This position does not allow for education substitution.
FOREIGN EDUCATION: Education completed in foreign colleges or universities may be used to meet the requirements. You must show proof the education credentials have been deemed to be at least equivalent to that gained in conventional U.S. education program. It is your responsibility to provide such evidence when applying.
You will be evaluated for this job based on how well you meet the qualifications above.
Your resume and supporting document will be evaluated against the qualifications of the position.
Once the announcement has closed, a review of your application package (resume, supporting documents, and responses to the questionnaire) will be used to determine whether you meet the qualification requirements listed on this announcement. If you are minimally qualified, your resume and supporting documentation will be compared against your responses to the assessment questionnaire to determine your level of experience. If, after reviewing your resume and/or supporting documentation, a determination has been made that you have inflated your responses to meet the position's qualifications and/or experience, you may lose consideration for this position. Please follow all instructions carefully when applying, errors or omissions may affect your eligibility.
You should list any relevant performance appraisals and incentive awards in your resume as that information may be taken into consideration during the selection process. If selected, you may be required to provide supporting documentation.
To better expedite the hiring process, we recommend including full contact information (name, address, phone number, email, etc.,) for professional and personal references on your resume.
Required documents may vary based on the eligibility you are claiming (i.e., applying as a Military Spouse Preference - MSP, applying as a veteran, applying as a current federal employees, applying as a displaced employee, etc.,). The below document(s) are required and MUST be submitted with your application by the closing date of this job announcement:
To be considered for this vacancy you must apply and complete the online questionnaire and submit the documentation specified in the Required Documents section above.
The complete application package must be submitted by 11:59 PM (EST) on 04/22/2024 to receive consideration.
To begin, click Apply to access the online application. You will need to be logged into your USAJobs account to apply. If you do not have a USAJobs account, you will need to create one before beginning the application.
Follow the prompts to select your resume and/or other supporting documents to be included with your application package. You will have the opportunity to upload additional documents to include in your application before it is submitted. Your uploaded documents may take several hours to clear the virus scan process.
After acknowledging you have reviewed your application package, complete the Include Personal Information section as you deem appropriate and click to continue with the application process.
You will be taken to the online application which you must complete in order to apply for the position. Complete the online application, verify the required documentation is included with your application package and submit the application. You must re-select your resume and/or other documents from your USAJobs account and designate the document type when submitting your application. Failure to complete this portion will result in an incomplete application package and you will not be further considered for this vacancy.
It is your responsibility to ensure your application package (resume, supporting documents, and responses to the questionnaire) is complete, accurate, and submitted by the closing date.
Additional information on how to complete the online application process and submit your online application may be found on the https://help.usastaffing.gov/Apply/index.php?title=Applicant
To verify or check the status of your application, log into your USAJobs account. Once logged in, the Welcome screen lists your applications, your application status and the date it was last updated. For information on what each Application Status means, visit: https://www.usajobs.gov/Help/how-to/application/status
If you provided an email address, you will receive an email message acknowledging receipt of your application. Times may vary during the hiring process, as your application status updates/changes you will be notified with a notification letter via email.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
