Schedule: Full-time
ORGANIZATION & DEPARTMENT:
Under the statutory authority of the Ohio Treasurer of State, the Trust Department oversees the safekeeping of investments and pledged securities, performs income and asset reconciliation for the portfolios administered by the office, and monitors collateralization of public deposits. The Trust Department administers the Linked Deposit and BidOhio programs. BidOhio auctions are held on the first and third Tuesday of each month. Approved Ohio financial institutions can participate in the online auction by submitting interest rate bids for three-month or six-month certificates of deposit.
Within the state’s investment portfolio, up to twelve per cent can be used to support Linked Deposit programs. Deposits are placed with approved Ohio financial institutions at reduced interest rates. The partnering financial institution offers loans or savings accounts for specific purposes authorized in statute. The current active programs are Ag-LINK and Ohio Homebuyer Plus; Buckeye Business Advantage is slated to launch in 4Q2025.
JOB DESCRIPTION:
Support management of the CD Unit’s operations. Perform daily functions and coordinate activities for certificate of deposit programs including Bid Ohio, Ag-LINK, Buckeye Business Advantage and Ohio Homebuyers Plus. Responsibilities include tracking, reviewing and processing applications in accordance with program guidelines; explaining program guidelines to others; monitoring auctions; placing and redeeming certificates of deposit; maintaining statistics; and preparing publications and/or reports. Serve as a contact for internal and external parties including loan officers, bankers, and members of the TOS Trust Department. May make presentations to external groups. Other projects and responsibilities, as assigned.
MINIMUM QUALIFICATIONS:
BS in accounting, finance, economics, business administration or related field from accredited university; two years’ relevant work experience. Desired characteristics include good verbal and organizational skills; strong attention to detail; ability to define problems, collect data, establish facts and draw valid conclusions; ability to develop reports and handle sensitive external communications; ability to calculate fractions, decimals and percentages.