The CalSTRS Investments Branch is seeking an experienced individual to work as an Investment Officer III in the Sustainable Stewardship & Investment Strategies unit.
The Sustainable Investment & Stewardship Strategies (SISS) unit was initially established in 1978 to protect assets through good governance and operational accountability. Today the unit focuses on three primary strategies: managing a portfolio of sustainability-themed investments across public and private markets that are additive to the Total Fund; leading CalSTRS stewardship activities focused on corporate engagement and proxy voting; and supporting strategic relationships with CalSTRS members and partners. The SISS unit also leads multiple efforts across the Investments Branch, including the Net Zero Portfolio Emissions Strategy, which includes reducing financed emissions, increasing investment in low-carbon solutions, and using CalSTRS influence to accelerate the transition to a net zero global economy.
Under the general direction of the Portfolio Manager (PM), the Investment Officer III provides expert knowledge supporting CalSTRS’ net zero-related investment strategies, including contributing to the development and implementation of CalSTRS’ net zero portfolio emissions pledge and action plan and working with the Portfolio Manager and Investment Branch colleagues to manage emissions-related risks across CalSTRS’ asset classes. The Investment Officer III performs a wide range of complex duties requiring a high degree of independence and discretionary judgment to help achieve CalSTRS’ net zero commitment goals. The Investment Officer III will also support the SISS Director and Portfolio Managers and collaborate with others to implement CalSTRS stewardship and engagement priorities and will represent CalSTRS in external forums to cultivate relationships with key global partners and peers.
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 $307.2 billion as of March 31, 2023. In 2022, the CalSTRS Investments Branch was named one of the Best Places to Work in Money Management by the Pensions & Investments magazine for the eighth 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.