Financial Portfolio Administrator pay range
Commonwealth of Kentucky · class code 20001767
- Class code
- 20001767
- Pay grade
- 19
- Pay unit
- Month
- Alternate ranges
- 3
- State
- Kentucky
- The Commonwealth of Kentucky published pay range for Financial Portfolio Administrator is $5,915 to $9,463 per month, spanning every alternate range the plan defines.
- Kentucky publishes an entry rate and a midpoint for each pay grade, not a maximum, so the upper figure on this page is the grade midpoint.
- That works out to about $70,974 to $113,560 a year at full time.
- Kentucky Personnel Cabinet keys this classification as class code 20001767.
- The plan defines 3 alternate ranges for this class, so the rate depends on which criteria an employee meets.
- This is the range the plan authorises, not the salary of any individual employee.
Alternate ranges
| Range | Entry | Midpoint | Basis |
|---|---|---|---|
| Range 37.5-hour week | $5,915 | $8,872 | per month |
| Range 40-hour week | $6,309 | $9,463 | per month |
| Range Hourly | $36.40 | $54.60 | per hour |
Which alternate range applies is set by the plan's own criteria (experience, certification or assignment). The criteria text lives in the source document.
Class specification
The Personnel Cabinet class specification for this class is published by Kentucky Personnel Cabinet. The passages below are quoted from it as published, not paraphrased, and cut to their opening sentences; the full specification is the authority on duties and qualifications. It was last revised 09/16/2023.
What the state says the job is
Under direction, has the primary responsibility for managing Mortgage Backed Securities (“MBS”), Collateralized Mortgage Obligations (“CMO”), Asset Backed Securities (ABS) and other related fixed income securities held in the Commonwealth's investment portfolio. Assists in the development of policies and procedures; assists in developing and monitoring asset/liability models and interest rate hedging applications. Assists in training other investment staff in the trading, pricing and accounting for these types of securities; and performs other duties as required.
Examples of the work
Executes purchases and sales of MBS, CMO and ABS securities. Verifies market pricing of identified securities held in the portfolio. Monitors and evaluates pricing of mortgage and related securities held as collateral for repurchase agreements. Monitors monthly principal and interest payments derived from MBS, CMO and ABS securities and verifies that they have been properly posted in the accounting system. Monitors, analyzes and reports performance of these securities versus the applicable benchmark. Assists in the development of complex risk management and interest rate hedging strategies to insulate the portfolios against adverse movements in interest rates.
Minimum qualifications
EDUCATION: Graduate of a college or university with a bachelor's degree. EXPERIENCE, TRAINING, OR SKILLS: Three years of professional experience in trading fixed income securities, including Mortgage Backed Securities (MBS), Collateralized Mortgage Obligations (CMO), or Asset Backed Securities (ABS) with a financial institution, corporation, or state government. Substitute EDUCATION for EXPERIENCE: NONE Substitute EXPERIENCE for EDUCATION: Additional experience in trading fixed income securities will substitute for the required education on a year-for-year basis.
Quoted from the Personnel Cabinet class specification, read 2026-10-21.
Where this comes from
Kentucky Personnel Cabinet publishes this figure in Classified and Unclassified 37.5 and 40-Hour Salary Schedule, effective September 16, 2026. Every number on this page is read from that document; nothing is estimated, modelled or averaged.
Job titles and their pay grades come from the Job Specification Search, joined to the salary schedule.