The Office of the General Treasurer was established under the Rhode Island Constitution as one of the five general State Officers elected by the voters. As custodian of State funds, the General Treasurer has responsibility for the safe and prudent management of the State’s finances.
The Rhode Island Treasury works to strengthen our state’s financial and economic foundation through programs and initiatives which include:
• Responsible stewardship of the State’s financial accounts and investments
• A pension system devoted to ensuring retirement security for Rhode Island teachers, State and municipal employees, public safety officers and other public servants
• A compensation program to assist Rhode Islanders who are victims of violent crimes
• Collection and safe custody of Rhode Islanders’ lost and unclaimed property
• Administration of CollegeBound Saver, a tax-efficient savings program to help Rhode Islanders prepare for the expense of pursuing higher education
The Treasurer serves on the board of the Rhode Island Infrastructure Bank, along with the State Investment Commission, the State Retirement Board, the Public Finance Management Board, the Rhode Island Housing and Mortgage Finance Corporation, the Rhode Island Student Loan Authority and the Rhode Island School Building Authority.
Other areas under the Treasurer’s responsibility include the care and management of the Abraham Touro Fund and the Childhood Disease Fund.
KNOWLEDGES, SKILLS, CAPACITIES: Must possess excellent quantitative and analytical skills; must be detail oriented and have a working knowledge of the principles of investment management; must have a working knowledge of computer systems with a strong achievement in spreadsheet applications; and related capacities and abilities. Must have solid experience with Excel and Power Point.
EDUCATION AND EXPERIENCE: Must have a degree from a recognized college or university with a concentration in business, economics, math/statistics or related field; and 2 to 7 years of banking, investment management, or financial setting. Chartered Financial Analyst Level 1 designation is preferred.
Or, any combination of education and experience that shall be substantially equivalent to the above education and experience.
If an applicant is unable to perform any essential job functions because of his/her disability but can achieve the required results by means of a REASONABLE ACCOMMODATION, then the individual shall not be considered unqualified for the position.
Additional Salary Information: lower bound of range $$71,875