Job Posting: Investment Officer II, Investment Services

　　State Teachers' Retirement System

　　JC-411897

　　-

　　Investment Officer II, Investment Services

　　INVESTMENT OFFICER II, STATE TEACHERS' RETIREMENT SYSTEM

　　$7,534.00 - $9,430.00 per Month

　　Final Filing Date: 1/31/2024

　　Job Description and Duties

　　This position is eligible for incentive compensation and has a maximum incentive opportunity of 10% of base salary.

　　The CalSTRS Investments Branch is seeking an experienced individual to work as an Investment Officer II on the Investment Operations team.

　　Investment Operations provides operational services and oversight across all asset classes of the Investments Branch. This includes pre-settlement and post-trade portfolio controls, trade and cash flow management, portfolio setup and onboarding, and total fund reporting. Additionally, the team serves as a control function to protect the total plan and mitigate operational and custodial risk.

　　Under the general direction of the Associate Portfolio Manager in Investment Operations the Investment Officer (IO) II provides investment and financial expertise, serves as the lead of contact on investment projects and/or initiatives and performs complex analytical and technical work associated with the implementation of the Investment Policy Statement, reducing operational risk, and the functions of Investment Operations. The incumbent is expected to perform complex duties requiring a high degree of independence, confidentiality, creativity and discretionary judgment.

　　The ideal candidate will possess the following skills:

　　Undergraduate degree in Business, Finance, Economics, or a closely related field

　　Knowledge of investment principles and practices, investment types and markets

　　Experience with internal controls and investment operational risks

　　Strong knowledge of Microsoft Excel or Power BI

　　Strong analytical and critical thinking skills

　　Ability to oversee monthly reporting and deliverables

　　Ability to independently research and analyze complex issues with strong attention to detail

　　Ability to track and evaluate data and situations, and make sound judgments and conclusions

　　Ability to work cross functionally among all CalSTRS asset classes

　　Ability to successfully work with internal and external clients

　　Strong written and oral communication skills

　　An incumbent who possesses a professional certification as a Chartered Financial Analyst (CFA) may receive a 5% monthly base pay differential.

　　Every 12 months, based on performance evaluation, employees may receive a 5% salary increase until they reach the maximum salary for the position.

　　Does this opportunity seem right for you? If so, see the Application Instructions section below and apply now.

　　You will find additional information about the job in the Duty Statement (https://www.CalCareers.ca.gov/CalHrPublic/FileDownload.aspx?aid=22015874&name=815-310-7339-155IOII_RPA7064_Proposed.pdf) .

　　Working Conditions

　　CalSTRS offers a hybrid approach with staff working on-site at our Headquarters in West Sacramento 2-3 days per week.

　　All staff of CalSTRS are employees of the State of California and subject to California employment taxes and withholdings. Upon appointment, staff are required to provide a current California address to CalSTRS Human Resources to be used as a remote work location.

　　This position is not eligible for visa sponsorship. Applicants must be authorized to work in the US without the need for visa sponsorship by the start date of employment with CalSTRS.

　　Minimum Requirements

　　You will find the Minimum Requirements in the Class Specification.

　　INVESTMENT OFFICER II, STATE TEACHERS' RETIREMENT SYSTEM (https://hrnet.calhr.ca.gov/CalHRNet/SpecCrossReference.aspx?ClassID=7339)Additional Documents

　　Job Application Package Checklist (http://calcareers.ca.gov/CalHrPublic/Jobs/JobApplicationPackageChecklist.aspx?JobControlId=411897)

　　Duty Statement

　　Position Details

　　Job Code #:

　　JC-411897

　　Position #(s):

　　815-310-7339-155

　　Working Title:

　　Investment Officer II, Investment Services

　　Classification:

　　INVESTMENT OFFICER II, STATE TEACHERS' RETIREMENT SYSTEM

　　$7,534.00 - $9,430.00

　　# of Positions:

　　1

　　Work Location:

　　Yolo County

　　Telework:

　　Hybrid

　　Job Type:

　　Permanent, Full Time

　　Department Information

　　The California State Teachers' Retirement System (CalSTRS) is the largest educator-only pension fund in the world. CalSTRS proudly provides retirement, disability and survivor benefits to California’s 949,000 public school educators and their families.

　　The Investments Branch manages a portfolio that is broadly diversified into seven asset categories with assets totaling approximately $317.8 billion as of November 30, 2023. In 2023, the CalSTRS Investments Branch was named one of the Best Places to Work in Money Management by the Pensions & Investments magazine for the ninth time since 2013.

　　CalSTRS is committed to setting best practice precedents, implementing innovative diversity and inclusion principles, motivating positive change, and advancing the world’s investment markets. We do this by establishing collaborative relationships across a vast network of investment managers, portfolio companies and industry associations in order to maximize returns and leverage opportunities for positive change.

　　We encourage you to join our world-class financial services institution and state agency. Our headquarters and member service centers located across the state feature sustainable construction, plenty of natural lighting and functionally-designed workspaces. At our LEED Platinum headquarters in West Sacramento, enjoy the full-service cafe, free onsite fitness center, bicycle library and walks along the Sacramento River. In addition to state-of-the-art amenities, we offer thriving wellness and sustainability programs, an award-winning employee recognition program, ongoing learning and development opportunities and our employees continue to support an inclusive environment.

　　Special Requirements

　　Exam

　　This position requires a current Investment Officer II, CalSTRS examination. If you need to take the examination or if your score has expired,click here (https://jobs.ca.gov/jobsgen/pb490.pdf) to gain list eligibility.

　　CalSTRS Personal Trading Program

　　Investment Branch employees are required to participate in the CalSTRS Personal Trading Program which allows CalSTRS to monitor employees’ personal trading transactions in order to reduce risks associated with insider trading, front running, and misusing material non-public information. Upon accepting a position within the Investment Branch, you will be required to disclose your personal broker account information and be required to utilize a personal broker from a designated list as provided by CalSTRS.

　　Background Investigation

　　Prior to employment with CalSTRS, a background investigation (BI) will be conducted. The BI consists of a Personal History Statement and fingerprinting through the Department of Justice. The BI will check criminal and civil records and, if applicable, verify education and check driving records.

　　CalSTRS Disclosure Requirements

　　This position may be subject to disclosure and disqualification requirements concerning economic conflict of interest in government work, including the Conflict of Interest Code (https://www.calstrs.com/files/7e818a3e7/ConflictofInterestCode.pdf) that applies to CalSTRS team members and the Political Reform Act (https://www.fppc.ca.gov/the-law/the-political-reform-act.html) , which require disclosure of certain investment information and use of a designated trading platform for securities transactions, as well as filing a Statement of Economic Interest (Form 700) (http://www.fppc.ca.gov/Form700.html) .

　　Application Instructions

　　Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.

　　Final Filing Date:1/31/2024

　　Who May Apply

　　Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply.

　　Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process.Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).

　　How To Apply

　　Complete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at www.CalCareers.ca.gov. When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below:

　　Address for Mailing Application Packages

　　You may submit your application and any applicable or required documents to:

　　State Teachers' Retirement System

　　Attn:Recruitment

　　P.O. Box 15275, MS 31

　　Sacramento,CA95851-0275

　　Address for Drop-Off Application Packages

　　You may drop off your application and any applicable or required documents at:

　　State Teachers' Retirement System

　　CalSTRS, Attn: Recruitment

　　100 Waterfront Place

　　West Sacramento,CA95605

　　08:00 AM-05:00 PM

　　Required Application Package Documents

　　The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

　　Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at www.CalCareers.ca.gov. All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.

　　Resume is required and must be included.

　　Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.

　　Benefits

　　CalSTRS offers a competitive pay schedule and a work-life-balance for all itsemployees. The State of California provides comprehensive benefits packages determined by the employee’s bargaining unit and conditions of employment. Some benefits include:

　　Alternative work schedules

　　Flexible work hours

　　Remote work options

　　Medical benefits, including health, dental and vision insurance

　　Paid holidays and a defined benefit retirement program

　　More than four weeks of vacation/sick leave for leaders

　　More than three weeks of vacation/sick leave for staff

　　Health insurance in retirement

　　Employee Assistance Program

　　Loan forgiveness under the federal Public Service Loan Forgiveness Program (https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service)

　　For the latest information on the benefits offered by the state of California, explore theHealth Benefits Summary provided by CalHR (https://www.calhr.ca.gov/Pages/California-State-Civil-Service-Employee-Benefits-Summary.aspx) .

　　Contact Information

　　The Human Resources Contact is available to answer questions regarding the position or application process.

　　Human Resources Contact:

　　Recruitment

　　(916) 414-4990

　　[email protected]

　　Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office.

　　EEO Contact:

　　EEO Officer

　　(916) 414-4933

　　[email protected]

　　California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice)TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.

　　ADDITIONAL APPLICATION INSTRUCTIONS

　　Electronic applications through your CalCareer account are highly recommended. If you are unable to apply electronically through your CalCareer account, please mail or drop off a hard copy of your application packet. Please provide the following information on your application: RPA: 7064, JC-411897

　　If education is being used to meet the minimum qualifications, please submit a copy of your transcripts/degree.

　　Training and Development (T&D) assignments may be considered for this position. If you are applying as a T&D, please indicate this in the eligibility section of your application.

　　Candidate may be selected by application packet review only.

　　Multiple positions may be filled from this recruitment.

　　Submission of an incomplete STD 678 may result in disqualification.

　　Equal Opportunity Employer

　　The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

　　It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.