The CalSTRS Investments Branch is seeking an experienced individual to work as an Associate Portfolio Manager in the Sustainable Investment & Stewardship Strategies unit.
The Sustainable Investment & Stewardship Strategies unit of the Investments Branch was established in 1978 to protect assets through good governance and operational accountability. The unit focuses on three primary strategies: sustainability-themed investment strategies across public and private markets; stewardship activities focused on public policy, corporate engagement, and proxy voting; and strategic relations management with CalSTRS members and partners. The SISS unit also leads multiple efforts across the Investments Branch, including the Net Zero Portfolio Emissions by 2050 or sooner pledge, which includes reducing financed emissions, increasing investment in low-carbon solutions, and using influence to accelerate alignment of net zero in the global financial markets. SISS also chairs the Committee on Responsible Investment, overseeing the fund’s adherence to its Environmental, Social, and Governance (ESG) Risk Policy.
Under the general direction of the Portfolio Manager, SISS, the Associate Portfolio Manager provides independent analysis to contribute to and influence the development and implementation of CalSTRS sustainable investment and stewardship strategies. The incumbent participates in implementing activities for the CalSTRS Stewardship Program that leverage CalSTRS influence within the global financial markets to support long-term value creation. The incumbent contributes to efforts to evaluate the impacts of the low-carbon transition on the CalSTRS investment portfolio and achieve the overall strategy and goals of the SISS unit and CalSTRS’ Investment Branch priorities.
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 980,000 public school educators and their families.
The Investments Branch manages a portfolio that is broadly diversified into seven asset categories with assets totaling approximately $288.6 billion as of September 30, 2022. In 2021, the CalSTRS Investments Branch was named in Pensions & Investments magazine’s “Best Places to Work in Money Management” list for the seventh time since 2013, and our employees continue to support an inclusive environment.
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, and ongoing learning and development opportunities.