Investment Officer I – Analyst

• INVESTMENT OFFICER II: $7,315.00 - $9,155.00
• INVESTMENT OFFICER I: $3,995.00 - $7,587.00

Department Information

California Public Employees’ Retirement System (CalPERS) is a global institutional investor and the nation’s largest public pension fund, with assets of approximately $458.7 billion as of February 7, 2023. Headquartered in downtown Sacramento, we are a destination employer with an international reputation for leadership and innovation. At CalPERS, we’re committed to people – the people we serve, our team members, and the larger community around us. CalPERS is situated near the Napa Valley, San Francisco, Lake Tahoe, and other desirable destinations, and we offer competitive benefit packages, compensation, and opportunities for advancement. Our people are deeply committed to our Mission & Visionand their decisions and actions are guided by our Investment Beliefs.

If selected as an Investment Officer II, you are eligible for an annual incentive award and Charter Financial Analyst (CFA) pay differential. The annual incentive opportunity is 0-10% of salary and is based on the level of achievement against several quantitative and qualitative measures. Permanent full-time employees who possess certification as a CFA may receive a 5% monthly base pay differential.

and Duties

Our Private Debt (PD) team is currently seeking an Investment Officer I or Investment Officer II to assist the PD team in the management of the CalPERS Private Debt and Collateralized Loan Obligation (CLO) portfolios.

Duties include but are not limited to:

• Assist in analyzing and summarizing the performance data from private debt fund managers during the evaluation and underwriting of investments in private debt funds to determine appropriate sector allocations for the portfolio in the PD group
• Assist in putting together presentation materials for market updates and investment recommendations
• Work with the PD team in evaluating CLO by analyzing historical and current performance as well as comparing manager platforms and market research which may include assisting in maintaining market surveillance reports though the analysis of data and compilation of relevant statistics and charts

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.

Job Type: Full-time

Pay: $7,315.00 - $9,155.00 per month

Benefits:

• Professional development assistance
• Health insurance
• Dental insurance
• Vision insurance
• Paid time off
• 401(k)
• Flexible schedule
• Employee assistance program
• Parental leave

Physical setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Supplemental pay types:

• Bonus pay

Ability to commute/relocate:

• Sacramento, CA 95811: Reliably commute or planning to relocate before starting work (Preferred)

Experience:

• Accounting: 1 year (Preferred)
• Microsoft Excel: 1 year (Preferred)

Work Location: Hybrid remote in Sacramento, CA 95811