San Jose

Financial Analyst (Investments) - Finance Department

South Bay
3/28/2018 at 5pm
$85,529.00-$104,208.00 Annually


The City of San Jose Finance Department is seeking one Financial Analyst for the Investment Program. The Investment Program employs a total of three staff and manages a fixed-income portfolio of $1.6 billion. The Financial Analyst is a key member of the Investment Program and responsible for the routine program operation. Under general direction from the Principal Investment Officer, the Financial Analyst is responsible for assisting in the overall management of the investment program including duties such as:

  • Identify cash flow trends and patterns; prepare and update the five-year cash flow forecasts on a continuous basis.
  • Reconcile cash flow forecasts to actual activities and promptly modify forecast methodologies and assumptions as new information surfaces.
  • Maintain the investment accounting system
  • Participate in discussions on investment strategies and market development. Actively contribute to the improvement of the Investment Program.
  • Execute investment transactions on behalf of the City and monitor trade settlements
  • Review and approve cash journals
  • Provide technical support and assistance to Accounting staff with monthly reconciliation of investment activities and earnings
  • Prepare quarterly investment reports as required by the Investment Policy
  • Manage investment relationship with Successor Agency to the Redevelopment Agency, Debt Administration, Airport, and other City departments.
  • Function as the main coordinator for semi-annual and annual audits on behalf of the Investment Program
  • Build healthy business relationships with brokers, custodian/trustees, vendors, state and county agencies.
  • Responsible for annual review of broker/dealer relationships and custodian relationships.
  • Maintain investment contracts and update investment authorizations. Process POs and vendor invoices and associated accruals.
  • Provide supervision and training to the Accounting Technician.
  • Cross train with other investment staff to ensure program coverage during staff absences or vacancies
  • Assisting with the annual review of Investment Policy and CAFR preparation
  • Assisting with preparing and reviewing the Requests for Proposal (RFP) for investment related services.
  • Prepare ad hoc reports and perform other duties as necessary
  • Cover meetings and limited tasks for the Principal Investment Officer in her/his absence.

This recruitment may be used to fill multiple positions in this, or other divisions or departments. If you are interested in employment in this classification, you should apply to ensure you are considered for additional opportunities that may utilize the applicants from this recruitment.
Pursuant to the City's Investment Policy, all City Investment Officials involved in the investment process shall refrain from personal business activity that could conflict with proper execution of investments. City Investment Officials shall avoid all conflicts of interest or appearance of conflicts of interest when performing duties in furtherance of this investment program. All City Investment Officials are required to immediately disclose any financial interest which is subject to disclosure under the California Political Reform Act or would constitute a conflict of interest under Government Code Section 1090 to the Director of Finance, who in turn will immediately notify the City Manager and the City Attorney. Additionally, City Investment Officials shall comply with the City's Code of Ethics, conflict of interest requirements under state law and the disclosure requirements of the Political Reform Act, this includes completion of a Form 700, "Statement of Economic Interests" at the time of employment and annually thereafter. (Copy of the form can be found at

Ideal Candidate

Education: Completion of a Baccalaureate Degree from an accredited college or university in Business, Finance, Accounting, Public Administration, or a closely related field including a minimum of eighteen semester units of advanced college course work in a combination of the following: Business or Governmental Finance, Accounting, Economics, Statistics, Quantitative Methods, or Governmental Financial Management.
Experience: Four years of increasingly responsible professional level analytical and/or operations experience in financial, fiscal or quantitative work is required.
Acceptable Substitutions: None.
Licenses/Certificates: Possession of valid California driver's license may be required for some assignments
Desired Qualifications
Certification: Certification as a Chartered Financial Analyst (CFA) or progress toward obtaining such certification.
Education: A Master’s Degree in Business or Public Administration, Finance, or other related field is highly desirable.
Experience: Investment management experience in a public institution is highly preferred.
Please note:  The Financial Analyst salary range is $85,529.60 – $104,208.00/Annually. 
Employment Eligibility:  Federal law requires all employees to provide verification of their eligibility to work in this country. Please be informed that the City of San Jose will NOT sponsor, represent or sign any documents related to visa applications/transfers for H1-B or any other type of visa which requires an employer application.
The ideal candidate will possess the following competencies, as demonstrated in past and current employment history.  Desirable competencies for this position include:
Job Expertise  
Demonstrates knowledge of and experience with applicable professional/technical principles and practices, Citywide and departmental procedures/policies and federal and state rules and regulations.  Including a broad knowledge and understanding of the California Government Code Sections 53600 et seq. including competency in exercising fiduciary responsibilities to protect the interests of the City, tax and rate payers, and the public. Understands the fundamentals of cash flow analysis and investment management. Familiar with fixed-income securities and their characteristics
Analytical Thinking  
Approaching a problem or situation by using a logical, systematic, sequential approach.
Communication Skills
Communicates and listens effectively and responds in an timely, effective, positive and respectful manner; written reports and correspondence are accurate, complete, current; well-organized, legible, concise, neat, and in proper grammatical form responds to statements and comments of others in a way that reflects understanding of the content and the accompanying emotion; asks clarifying questions to assure understanding of what the speaker intended, ensures consistent communication takes place within area of responsibility.
Computer Skills
Experienced with common business computer applications including but not limited to: MS Outlook, MS Word, MS PowerPoint, MS Access, and MS Excel
Can handle multiple projects and responsibilities simultaneously; has handled a wide variety of assignments in past and/or current position(s).
Problem Solving
Approaches a situation or problem by defining the problem or issue; determines the significance of problem(s); collects information; uses logic and intuition to arrive at decisions or solutions to problems that achieve the desired outcome.
Teamwork & Interpersonal Skills
Develops effective relationships with co-workers and supervisors by helping others accomplish tasks and using collaboration and conflict resolution skills.


Recruitment Contact

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