You are viewing a preview of this job. Log in or register to view more details about this job.
Email

The Investment Officer II, CalSTRS 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, CalSTRS on the Investment Strategy and Risk team.

The Investment Strategy & Risk (ISR) team is responsible for managing the total fund, drawing on global best practices with the aim of building a resilient, globally diversified investment portfolio.  The team focuses on strategic & tactical asset allocation, asset-liability management, total fund risk management, liquidity & leverage oversight, balance sheet management, and quantitative analysis to support investment decision-making.  The team works closely with each asset class to balance opportunistic deployment of capital with liquidity needs.


Under the general direction of the Associate Portfolio Manager in Investment Strategy & Risk, the Investment Officer II is responsible for quantitative modeling to support the management of the overall CalSTRS fund. The Investment Officer II serves as a quantitative resource to manage total fund risk and liquidity, source ideas for tactical asset allocation, implement strategies to improve the total fund risk-return profile, and manage the strategic asset allocation. The position requires the ability to work independently and collaboratively as part of a diverse, cross-functional team.

The ideal candidate will possess the following skills:

  • Undergraduate or advanced degree in statistics, economics, mathematics, and/or similar technical field
  • Ability to implement quantitative models spanning optimization, machine learning and simulation
  • Proficiency with statistical software packages such as R or Python
  • Familiarity with Microsoft Office Suite, particularly Excel & VBA
  • Investment experience within a large financial institution, pension fund, endowment or foundation
  • Knowledge of investment principles and trends across multi-asset classes, both public and private
  • Strong understanding of quantitative research process and methods to produce and interpret information
  • Strong interpersonal skills with the ability to communicate effectively with individuals across a broad spectrum of disciplines
  • Ability to organize research, summarize and convey complex concepts in a consistent, sensible and approachable manner without loss of technical integrity
  • Ability to work effectively as an individual and as part of a team to support team, unit, and Investments Branch goals
  • Excellent written and oral communication skills


Duties will be adjusted at the Investment Officer I, CalSTRS level.

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.