Investment Trade Analyst

Career Services live Zoom sessions : Join us on Thursday, March 6, 2025, from 12:00 to 1:00 p.m. for an opportunity to connect with leaders from our Investment Office (INVO) and learn about exciting job opportunities and the application process. Please RSVP by Wednesday, March 5, 2025, by emailing HRSD_Career_Services@calpers.ca.gov . Additional INVO job opportunities are linked below. We look forward to seeing you there

Anticipated Interview Dates: We anticipate holding virtual interviews on an ongoing basis until the position is filled.

This position will run until filled with the following cutoff dates for review: The first cutoff date will be 3/15/25, and then the 1st and 15th of each month until filled.

In addition to completing your online job application, you must provide a Resume for the hiring manager's review. Applications received without a Resume will not be considered.
Do you enjoy working in fast-paced environment?
Do you thrive working in a positive, dynamic team environment?
Do you enjoy all aspects of financial and investment analysis?
If so, this Investment Officer III position could be right for you

Under the supervision of the Associate Investment Manager (AIM), Public Market Operations, the Investment Officer III (IO III) is primarily responsible for post trade operations. The Public Market Operations Lead will play a critical role in supporting INVO by managing trading activity, establishing process for new trading strategies, system implementations, and investment operational health metrics. This role requires a meticulous individual with a strong analytical mindset and a deep understanding of investment operations. The IO III will maintain a positive and collaborative team approach while demonstrating CalPERS' Core Values of Quality, Respect, Integrity, Openness, Accountability, and Balance in accordance with personal work ethic in alignment with CalPERS Investment Beliefs.

Duties include but not limited to:

• Develop and implement streamlined processes and tools needed to gather investment and financial data, allow timely analysis and planning, and produce expense reports, projections, and forecasts to be utilized by INVO executives in strategic decision making.
• Perform in-depth analysis of financial statements, investment portfolios, and market data to assess risks and opportunities.
• Generate solutions and formalize a methodology using business intelligence tools for managing INVO's total operating expenses to identify and report expenses against relevant investment industry benchmarks.
• Assist the AIM to develop and implement a financial management operating model to improve investment expense management and total fund financial reporting.
• Oversee and educate junior investment officers while participating in the creation of customized investment expense management reports, audit reports, and agenda items to ensure transparency.

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.

How did you hear about this position? Tell us in this brief survey .

You will find additional information about the job in the Duty Statement .

Minimum Requirements You will find the Minimum Requirements in the Class Specification.

• INVESTMENT OFFICER III, PUBLIC EMPLOYEES RETIREMENT SYSTEM

Additional Documents

• Job Application Package Checklist
• Duty Statement

Position Details Job Code #:
JC-468316

Position #(s):
275-635-4695-031

Working Title:
Investment Trade Analyst - Public Market Operations

Classification:
INVESTMENT OFFICER III, PUBLIC EMPLOYEES RETIREMENT SYSTEM $10,370.00 - $12,367.00

This position is eligible for an annual incentive award and Charter Financial Analyst (CFA) pay differential. The annual incentive opportunity is 0-20% 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.

# of Positions:
1

Work Location:
Sacramento County

Telework:
Hybrid

Job Type:
Permanent, Full Time

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 $531.27 billion as of February 27, 2025. 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 & Vision and their decisions and actions are guided by our Investment Beliefs .

If you are interested in becoming part of a diverse and inclusive workforce where talent, experience, and expertise are valued, CalPERS invites you to apply for this employment opportunity. To find out more about our Diversity, Equity, and Inclusion efforts, visit our website

To take a look at CalPERS as a destination employer, view this YouTube video .

Special Requirements Resume

In addition to completing your online job application, you must provide a Resume for the hiring manager's review. Applications received without a Resume will not be considered.

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 .

Application Instructions
Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.
Final Filing Date: Until Filled
Who May Apply
Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list or LEAP eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply. Individuals who are eligible for a Training and Development assignment may also be considered for this position(s).

Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).

How To Apply
Complete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at www.CalCareers.ca.gov. When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below:

Address for Mailing Application Packages

You may submit your application and any applicable or required documents to:

Public Employees Retirement System
Postal
Attn: JC-468316/KC
Human Resources Division, Recruitment
P. O. Box 942718
Sacramento , CA 94229-2718

Address for Drop-Off Application Packages

You may drop off your application and any applicable or required documents at:

Public Employees Retirement System
Drop-Off
HRSD, EIR JC-468316/KC
400 Q Street, Lincoln Plaza North
1st floor drop box by security desk
Sacramento , CA 95811

08:00 AM - 05:00 PM

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 www.CalCareers.ca.gov. 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 required and must be included.

Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.

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:

• Experience in asset management, pension or institutional investor industry, financial services, or accounting industry
• Advanced degree or professional certification (e.g., CFA, CPA) preferred
• Proven experience in investment transaction management and data analysis within an investment or financial services environment
• Experience with analyzing business requirements for automation and efficiencies and building technical data models to support management reporting
• Flexibility to handle new systems or processes and learn new skills to support investment strategies or products

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 the 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
• Free onsite parking available Mondays and Fridays
• Free offsite parking available with a shuttle service on Tuesdays, Wednesdays, and Thursdays

For more details about employee benefits, visit the California Department of Human Resources website.

Contact Information
The Human Resources Contact is available to answer questions regarding the position or application process.
Human Resources Contact:
CalPERS Careers
(916) 795-3065
careers@calpers.ca.gov

Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office.
EEO Contact:
CalPERS EEO
(916) 795-3675
EEO@calpers.ca.gov
California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice) TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.

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.

LINKS TO OTHER JOBS WITHIN OUR INVESTMENT OFFICE YOU MAY BE INTERESTED IN:
JC-468365: Investment Trade Analyst - Private Market Operations (Investment Officer III)
JC-468307: Trade Agreements Officer (Investment Officer III)
JC-468319: Lead Financial Technology Reporting Analyst (Investment Officer III)
JC-468311: Public Markets Operations Manager (Associate Investment Manager)
JC-468245: Vendor & Market Data Manager (Associate Investment Manager)
JC-468296: Private Markets Data Manager (Associate Investment Manager)
JC-468261: Total Fund Data Manager (Associate Investment Manager)
JC-468274: Trade Agreements Manager (Investment Manager)

Equal Opportunity Employer
The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.

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