Other Agencies and Independent Organizations

Chief Investment Officer

Washington, District of Columbia Full time

Chief Investment Officer

Department: Other Agencies and Independent Organizations

Location(s): Washington, District of Columbia

Salary Range: $150160 - $225700 Per Year

Job Summary: The Federal Retirement Thrift Investment Board (FRTIB) is looking for a highly qualified and motivated individual to serve as the Chief Investment Officer.

Major Duties:

  • The major duties of the position are: Oversees the investment management programs and functions of the Agency. Develops and implements investment policy, procedures, LifeCycle fund asset allocation strategy, and oversight of investment management services. As the principal liaison with the outside investment managers of TSP funds, ensures that funds are invested in accordance with applicable laws and regulations and the policies established by the Board. Serves as the principal Agency expert responsible for all matters related the management, design, and operation of the investment programs of the TSP. Analyzes investment strategies and performance of investment programs and vehicles similar to the TSP, and recommends policies or procedures that benefit TSP participants and beneficiaries. Oversees the analysis and assessment of potential new investment indexes, potential changes in procedures for investing and trading funds, and the preparation and presentation of findings and recommendations to the Executive Director, the Board, and other senior Agency officials. Oversees the development of models to measure performance of TSP investment funds, and the asset managers, and continuously monitors fund performance, reports the results, and uses the information collected to make recommendations on how to improve TSP investment funds.

Qualifications: Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution. Candidates will not be hired based on their race, sex, color, religion, or national origin. As a basic requirement for entry into the Senior Executive Service, applicants must provide evidence of progressively responsible leadership experience that is indicative of senior executive level managerial capability and directly related to the skills and abilities outlined under Mandatory Technical Qualifications and Executive Core Qualifications. Experience of this nature will have been gained at or above the GS-15 grade level in the Federal service or equivalent. To meet the minimum qualification requirements for this position, you must show in your 2-page resume that you possess the five Executive Core Qualifications (ECQs) and the Mandatory Technical Qualifications (MTQs) listed below. Your resume should include examples of experience, education, and accomplishments applicable to the qualifications. If your 2-page resume does not reflect demonstrated evidence of the ECQs and TQs you may not receive consideration for the position. There is NO requirement to prepare a narrative statement specifically addressing the Executive Core Qualifications (ECQs) or the Technical Qualifications (TQs). Executive Core Qualifications (ECQ): All new entrants into the Senior Executive Service (SES) under a career appointment will be assessed for executive competency against the following five mandatory ECQs. Note: If you are a member of the SES or have been certified through successful participation in an OPM approved SES Candidate Development Program (SESCDP), or have SES reinstatement eligibility, you do not need to respond to the ECQs. Instead, you should attach proof as specified in the Required Documents section ECQ 1 - Commitment to the Rule of Law and the Principles of the American Founding: This core qualification requires a demonstrated knowledge of the American system of government, commitment to uphold Constitution and the rule of law, and commitment to serve the American people. (Competencies: Knowledge of the American System of Government, Commitment to the Rule of Law, Civic-Mindedness) ECQ 2 - Driving Efficiency: This core qualification involves the demonstrated ability to strategically and efficiently manage resources, budget effectively, cut wasteful spending, and pursue efficiency through process and technological upgrades. (Competencies: Fiscal Responsibility, Managing Resources, Leveraging Technology) ECQ 3 - Merit and Competence: This core qualification involves the demonstrated knowledge, ability, and technical competence to effectively and reliably produce work that is of exceptional quality. (Competencies: Technical Skill, Problem Solving, Agility and Resilience) ECQ 4 - Leading People: This core qualification involves the demonstrated ability to lead and inspire a group toward meeting the organization's vision, mission, and goals, and to drive a high-performance, high-accountability culture. This includes, when necessary, the ability to lead people through change and to hold individuals accountable. (Competencies: Accountability, Developing Others, Executive Judgement) ECQ 5 - Achieving Results: This core qualification involves the demonstrated ability to achieve both individual and organizational results, and to align results to stated goals from superiors. (Competencies: Operational Mindset, Innovation, Strategic Thinking) Mandatory Technical Qualifications (MTQ): Experience in institutional investing and index management. Experience in asset allocation and target date fund strategies. *Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations. Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.

How to Apply: IMPORTANT: Resumes must not exceed two pages. Applicants who submit resumes longer than two pages will be ineligible for further consideration. To apply for this position, you must complete this application and submit any required documents specified in the Required Documents section and submit by 11:59 PM (EST) on the closing date of the announcement 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 and upload your résumé and/or other required 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. It is applicant's responsibility to verify that information entered and uploaded, (i.e., resume and other required documents) is complete, accurate, and submitted by the closing date. Human Resources will not modify or change any part of your application. Application packages will NOT be accepted via mail. Due to security processes, mail delivery takes approximately 2-3 weeks to process at which time the vacancy announcement will be closed, and no further consideration will be given to additional application packages.

Application Deadline: 2025-12-10