Position Summary

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.

 

Department Information

CalSTRS is the largest educator-only pension fund in the world, providing retirement, disability and survivor benefits to California’s more than 1 million public school educators and their families. The Investments Branch manages a portfolio that is broadly diversified into seven asset categories with assets totaling approximately $331.4 billion as of February 29, 2024. 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 worlds 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.

Our two U.S. Green Building LEED Platinum-certified headquarters buildings in West Sacramento, California, feature sustainable construction, abundant natural lighting, an organic garden, sustainable beekeeping and ergonomic functionally designed workspaces. We offer a variety of on-site amenities to our team members, including two full-service cafés, two free fitness centers, a bicycle rental library and a child care center with a covered playground. Team members enjoy walks along the Sacramento River and nearby seasonal farmers markets.

In addition to our state-of-the-art amenities, we offer thriving wellness and sustainability programs, an award-winning employee recognition program, and ongoing training, learning and development opportunities. We offer competitive benefits, flexible work hours and hybrid work options. We are committed to creating a workplace where our team members thrive.

 

———

POSITION DETAILS