Other Agencies and Independent Organizations

Deputy Chief Investment Officer

Washington, District of Columbia Full time

Deputy Chief Investment Officer

Department: Other Agencies and Independent Organizations

Location(s): Washington, District of Columbia

Salary Range: $169279 - $197200 Per Year

Job Summary: Join a mission-driven agency that helps millions of Americans save for retirement. The Federal Retirement Thrift Investment Board (FRTIB) is seeking a talented and motivated professional to serve in the role of Deputy Chief Investment Officer. As part of our team, you'll contribute to the stewardship of the Thrift Savings Plan (TSP)--the largest retirement plan in the U.S.--and help deliver exceptional service to federal employees, members of the uniformed services, and beneficiaries.

Major Duties:

  • Serve as the Chief Investment Officer's (CIO) deputy by managing office operations, staff, and resources to ensure investment programs run efficiently and effectively.
  • Provide senior investment leadership by overseeing investment policies, risk management, performance analysis, and resolution of complex investment issues.
  • Lead the selection, oversight, and performance evaluation of external investment managers and contractors supporting the Agency's investment portfolio.
  • Direct procurement and Request for Proposals processes to acquire investment management services and ensure contractors meet operational and performance requirements.
  • Supervise and develop professional staff by setting priorities, evaluating performance, and fostering a high-performing, accountable investment team.

Qualifications: To qualify for this position, you must meet the specialized experience requirements listed below. Some positions may also require a basic qualification, such as a specific degree or certification. If applicable, that requirement will be listed below as well. Basic Requirement Undergraduate and Graduate Education: Major study -- finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology. OR Experience such as performing financial analysis and evaluation work requiring a comprehensive knowledge of (1) corporate finance and any specialized fields of finance required such as public finance, securities, international finance, money and securities markets, investments, and banking, and (2) the financial and management structure, operations, and practices of corporate and other organizations. Specialized Experience GS-15: You must have at least one year of full-time specialized experience at the GS-14 grade level (or equivalent) that shows you have the knowledge, skills, and abilities needed to do the work. Examples of specialized experience include: a) leading analysis of investment performance, benchmarks, and cash flows to evaluate managers and advising leadership on portfolio decisions; b) directing due diligence and ongoing oversight of external investment managers to ensure compliance, manage risk, and improve overall investment results; c) managing competitive procurements for investment or financial services to select, oversee, and evaluate contractors supporting institutional investment programs; and d) developing compliance policies and led complex studies to address emerging risks and provide recommendations to senior leaders with minimal supervision. What Counts as Experience We consider both paid and unpaid experience, including but not limited to volunteer work with organizations like the Peace Corps, AmeriCorps, or other community groups. Volunteer work can help you develop skills that are directly relevant to this job. A full year of work means working 35-40 hours per week. If you worked part-time, we'll calculate your experience based on the actual hours you worked to add up to one year of full-time equivalent work (2,087 hours). To receive credit for part-time work, you must clearly describe your duties and responsibilities, and the number of hours you worked each week.

How to Apply: To apply for this position with the FRTIB, you must complete the application process through USAJOBS and USA Staffing and submit all required documents by the closing date. Your complete application package must be submitted by 11:59 PM Eastern Time (ET) on 05/18/2026 to receive consideration. Late or incomplete applications will not be accepted. Step-by-Step Application Instructions 1. Log into USAJOBS You must have an active USAJOBS account to apply. If you do not already have one, create an account at https://www.usajobs.gov. 2. Click "Apply" on the Announcement Select the Apply button to begin the application process. You will be redirected from USAJOBS to USA Staffing, FRTIB's online application system. 3. Select and Upload Required Documents Choose the resume and any supporting documents you want included in your application package. Review the Required Documents section of the announcement carefully and ensure all required documentation is submitted. Submitting documents that are not required will not substitute for missing required documents. 4. Answer Eligibility Questions Carefully Respond to all eligibility questions and indicate only those eligibilities you intend to claim (e.g., Delegated Examining, Veterans' Preference, Schedule A). You will be considered only for the eligibility selections you affirmatively claim. FRTIB cannot infer eligibility based on documents alone if the corresponding eligibility question is answered "No." 5. Complete the Occupational Assessment Questionnaire All applicants must complete the assessment questionnaire as part of the Delegated Examining process. You may preview the questionnaire before applying at: https://apply.usastaffing.gov/ViewQuestionnaire/12937007 Your responses must truthfully reflect your experience and qualifications. Inaccurate or inconsistent responses may affect your eligibility or rating. 6. Review and Submit Your Application Before final submission: Confirm all required documents are attached Review your eligibility responses Verify your assessment questionnaire answers for accuracy Once submitted, you will receive an on-screen confirmation that your application was successfully transmitted.

Application Deadline: 2026-05-18