Investment Officer III, Investment Strategy & Risk

The CalSTRS Investments Branch is seeking an experienced individual to work as an Investment Officer III on the Investment Strategy & Risk team.

The Investment Strategy & Risk (ISR) team’s primary goal is to improve the risk-adjusted returns of the CalSTRS portfolio through a total fund approach with smart rebalancing, risk management and the inclusion of alternative investments and overlay strategies. Due to CalSTRS being a mature pension fund with negative cash flows, tighter cash management with efficient rebalancing and total fund management are increasingly important to fund performance. The ISR team focuses on the longer-term asset liability management and shorter-term tactical fund positioning with risk budgeting.

Under the direction of the Portfolio Manager, Risk Management, the Investment Officer III provides high-level Investment expertise for asset allocation, liquidity, and balance sheet modeling to support the management of the overall CalSTRS fund. The Investment Officer III is responsible for analysis to assist in the management of the total fund asset allocation, capital allocation, and liquidity management. The position requires the ability to work independently and collaboratively as part of a diverse team.

The ideal candidate will possess the following skills:

Bachelor’s degree in finance, economics, mathematics, statistics, business, or a related field

  • FRM, CFA, CAIA, or other industry certification
  • Experience performing quantitative risk analysis
  • Excellent written and oral communication skills
  • Strong analytical and technical ability
  • Strong attention to detail
  • Ability to effectively communicate technical information to a non-technical audience
  • Ability to present information clearly, both orally and in writing
  • Ability to work with and analyze large, complex data sources
  • Ability to organize data, summarize, and convey complex concepts without loss of technical integrity
  • Ability to work effectively as an individual and as part of a team to support team, unit, and Investments Branch goals
  • Ability to apply excellent time management skills used for efficient completion of projects; prioritize competing assignments; and meet deadlines
  • Ability to handle multiple shifting priorities

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