Sustainable Investments Investment Officer
Public Employees Retirement System
Location
Sacramento County, CA | United States
Job description
Job Description and Duties
CalPERS is the nation’s largest public pension fund with equity and income investments in both domestic and international markets through both private and public investment vehicles. The Investment Office (INVO) is responsible for investment and daily management of CalPERS assets. INVO invests in stocks, bonds, real estate, private debt, and private equity, utilizing a wide array of instruments and vehicles to generate the best total returns on a long-term basis at an acceptable level of risk.
The Sustainable Investments (SI) Program is responsible for developing and implementing the CalPERS Sustainable Investments strategy and thought leadership for the Total Fund. The SI program focuses on sustainability-related advocacy and policy, integration, communication, and investment. The SI program works closely with each asset class to manage investment risks and uncover investment opportunities through the sustainable investment lens, while ensuring that Environmental, Social, and Governance (ESG) factors are integrated into investment strategy, analysis, and decisions. All of this is done with the goal of enhancing the long-term sustainability and resiliency of the Total Fund.
The Sustainable Investment Program is looking for an Investment Officer III (IO III) who will be responsible for assisting in implementing the CalPERS Sustainable Investments strategy.
Duties include but are not limited to:
- The IOIII will support the Sustainable Investments (SI) Program through participation in deal origination and capital deployment across public and private markets.
- Conduct research and analytics on sustainability themed investment strategies.
- Participate in the development and regular update of sustainable investments strategic plans and research reports.
Telework Information: This position is eligible for a hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.
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Special Requirements
Minimum Qualifications
All experience and education relating to the Minimum Qualifications (MQs) listed on the Classification Specification should be included in your application package to clearly demonstrate how you meet the MQs for this position. The Classification Specification is located on this Job Posting under "Minimum Requirements."
Please Note: You may need to pass an examination to establish list eligibility prior to any type of job offer. To find and take an exam, visit the CalHR’s CalCareers website .
Desirable Qualifications
In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate:
- Prior professional investment experience
- MBA or an advanced degree in business, finance, or another applicable technical field
- Professional certification such as a CFA, CPA, CAIA, and / or a CFA Institute Certificate in ESG Investing
- Familiarity with investment opportunities that will come about from a global transition to a low carbon economy
- Portfolio management experience
- Knowledge and interest in sustainability and ESG
- Strong analytical skills with attention to details
- Ability to work independently and in groups
- Computer data mining abilities
- MS Suite experience
- Experience with creation and manipulation of financial models
- Strong written and verbal communication skills
Benefits
CalPERS team members are eligible for a number of benefits. Health benefits and leave programs are available for most team members. Benefit eligibility may depend on length of service and collective bargaining agreements.
Some added benefits CalPERS offers include:
- Alternate Work Schedules
- Flexible Work Hours
- Onsite childcare facility
- Onsite fitness center
- Onsite café and nearby restaurants
For more details about employee benefits, visit the California Department of Human Resources website.
Additional Information
Live Scan
Candidates not currently employed at CalPERS are required to submit to a criminal history review process utilizing Live Scan fingerprinting.
CalPERS Disclosure Requirements If employed, you may be subject to rules imposed by Personal Trading Regulations and Conflict of Interest Code that apply to CalPERS team members, 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)
Sponsorship
This position is not eligible for visa sponsorship. Applicants must be authorized to work in the US without the need for a visa sponsorship now or in the future.
Surety Bond Must be able to qualify for a Surety Bond.
Please do not include any confidential information on any documents in your application package. Confidential information that should be excluded or removed from these documents include, but is not limited to, your social security number, date of birth, marital status, personal photos, a copy of your driver’s license, equal employment opportunity data, examination scores, and LEAP status.
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
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 optional. It may be included, but is not required.
Job tags
Salary