The information below will help you determine which classification(s) is(are) appropriate for you. Applicants must meet the Minimum Qualifications as stated on this bulletin to compete in this examination.

Open and Open, Non-Promotional Examination(s):

• CHIEF OPERATING OFFICER - Open

For all Classifications, once you have participated in any of the following examinations, you may not recompete for 12 months:

Exam Code(s):

5605

For CHIEF OPERATING OFFICER, once you have participated in any of the following examinations, you may not recompete for 12 months:

Exam Code(s):

• EX-05605

Submit an Examination/Employment Application (STD 678) to apply for this examination.

Electronic applications can be submitted through your account at www.CalCareers.ca.gov.

You may apply by mail to:

• Exams
  State Teachers' Reitrement System
  Human Resources
  P.O. Box 15275 M.S. 31
  Sacramento, CA 95851-0275
  

Indicate the Examination Code and Classification(s) on your Examination/Employment Application (STD 678).

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

• Exams
  Human Resouces
  100 Waterfront Place
  West Sacramento, CA 95605
  8:00 AM - 5:00 PM

Indicate the Examination Code and Classification(s) on your Examination/Employment Application (STD 678). All applicants must provide proof of identification. Accepted forms of identification are: 1) a photo identification card or 2) two forms of signed identification.

If you require assistance or alternative testing arrangements due to a disability, indicate on your application that you need reasonable accommodation. You will be contacted by a representative of the testing department to make the necessary arrangements. If you have not been contacted by the time you receive notification of testing, please contact the testing department listed in the Contact section of this bulletin.

If you are unable to submit your application or complete the test due to a disability, please contact the testing department listed in the Contact section of this bulletin.

All applicants must meet the education and/or experience requirements as stated on this exam bulletin to be accepted to the examination.

Unless otherwise stated in the Minimum Qualifications, qualifying experience may be combined on a proportionate basis if the requirements stated below include more than one pattern and are distinguished as "Either" 1, "or" 2, "or" 3, etc. For example, applicants possessing qualifying experience amounting to 50% of the required time of Pattern 1 and additional experience amounting to 50% of the required time of Pattern 2 may be accepted to an examination as meeting 100% of the overall experience requirement.

This examination consists of the following component(s):

Components that are due with your application will be scored and will count toward your final examination result. Failure to submit these items may result in disqualification or elimination from the examination.

A final score of 70% must be attained to be placed on the eligible list.

In addition to evaluating the applicant's relative knowledge, skill and ability as demonstrated by quality and breadth of education/experience, emphasis in each test component will be on measuring competitively, relative to job demands, each applicant's:

Knowledge of:

1. All aspects of administration and business operations of a large financial services organization.
2. Product and plan development within the finance, insurance, or pension industry.
3. Principles of pension system operations and business structure.
4. Laws governing the administration of public pension funds.
5. Policy and positions.
6. Organization and functions of the California State government and including the organization and practices of the legislature and the executive branch.
7. Global risks facing public pension funds, including financial, compliance, legal, regulatory, security, operational, reputational, political and strategic risks.
8. Functions and procedures involved in risk management.
9. Principles of policy formulation.
10. Strategic planning, project management, performance measurement, and best practices for large complex organizations.
11. Financial and business operation information systems.
12. Leadership techniques, and coordination of people, resources, and principles and practices of supervision, including the responsibility for promoting equal opportunity in hiring and employee development and promotion, and for maintaining a safe work environment that is free of discrimination and harassment.
    

1. Direct all aspects of the daily program operations for a large pension system.
2. Direct the work of multi-disciplinary staff engaged in program operations for pension programs, plan and product design, service delivery, enterprise business administrative functions, and risk management.
3. Provide oversight of the System’s strategic initiatives.
4. Envision, develop and deploy new programs and product offerings to meet evolving needs of organization’s members.
5. Think strategically and proactively taking into consideration industry trends, future needs, challenges and opportunities for the System.
6. Formulate, establish and implement policies, procedures and standards for all operational and administrative System functions.
7. Provide guidance to the board members and Chief Executive Officer.
8. Inspire confidence and establish credibility with the board members, staff, legislators, and stakeholders.
9. Gather and analyze a broad range of business, financial, and economic related information and synthesize it into concise and coherent conclusions and recommendations.
10. Decipher, analyze, and rationally communicate complex concepts and disparate data related to pension and business activities.
11. Maintain up-to-date knowledge of economic, investment, political and social issues and trends affecting CalSTRS programs and use that knowledge to develop innovative strategies.
12. Select, manage, and evaluate the work of external consultants.
13. Interact with public and private sector entities to carryout operational and administrative activities of a public pension fund.
14. Establish and maintain cooperative relationships with those contacted in the course of work.
15. Communicate effectively with individuals across a broad spectrum of disciplines and promote cross-functional collaboration efforts.
16. Interact with individuals at all levels, including board members, staff at a variety of levels, and political and public officials.
17. Appear before various committees and boards and works with them to gain their confidence.
18. Lead and motivate staff, while effectively promoting equal opportunity in employment and maintaining a work environment that is free from discrimination and harassment.
19. Provide expert consultation to board members and executive management on matters within assigned areas of responsibilities, represent the organization with a variety of contacts including the Governor’s Office and legislature, other state agencies, compliance agencies and other internal and external stakeholders.

A Departmental Open eligible list for the CHIEF OPERATING OFFICER Classification will be established for:

• State Teachers' Retirement System

The names of successful competitors will be merged onto the eligible list(s) in order of final score regardless of test date. Eligibility expires 12 months after it is established. Applicants must then retake the examination to reestablish eligibility.

Veterans' Preference will be granted for this examination. Veterans' Preference is an assistance program for veterans, veteran widows and widowers, and spouses of 100% disabled veterans who seek employment with the state. Veterans' Preference is also extended to currently serving military members nearing their retirement or separation date.

You are not eligible for Veteran's Preference if you are:

• A veteran who has been dishonorably discharged or released.
• A veteran, widow or widower of a veteran, or spouse of a 100 percent disabled veteran who currently has permanent civil service status. (Permanent civil service status is the status of an employee who is lawfully retained in his/her position after completion of the applicable probationary period. This does not include limited term).

Veterans' Preference is codified in Government Code Sections 18973 – 18979.

Veteran status is verified by the California Department of Human Resources (CalHR). Directions to apply for Veterans' Preference are on the Veterans' Preference Application (Std. Form 1093), which is available at www.CalCareers.ca.gov, and the Department of Veterans Affairs.

Career Credits are not granted for examination(s) administered on an Open basis or a Promotional basis.

• State Teachers' Retirement System

Questions regarding this examination should be directed to:

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.

Examination and/or Employment Application (STD 678) forms are available at the California Department of Human Resources, local offices of the Employment Development Department, and through your CalCareer Account (www.CalCareers.ca.gov).

If you meet the requirements stated on this examination bulletin, you may take this examination, which is competitive. Possession of the entrance requirements does not assure a place on the eligible list. Your performance in the examination described in this bulletin will be rated against a predetermined job-related rating, and all applicants who pass will be ranked according to their scores.

State Teachers' Retirement System reserves the right to revise the examination plan to better meet the needs of the service, if the circumstances under which this examination was planned change. Such revision will be in accordance with civil service laws and rules and all applicants will be notified.

General Qualifications: Applicants must possess essential personal qualifications including integrity, initiative, dependability, good judgment, the ability to work cooperatively with others, and a state of health consistent with the ability to perform the assigned duties of the class. A medical examination may be required. In open examinations, investigation may be made of employment records and personal history and fingerprinting may be required.

Eligible Lists: Eligible lists established by competitive examination, regardless of date, must be used in the following order: 1) sub-divisional promotional, 2) departmental promotional, 3) multi-departmental promotional, 4) service-wide promotional, 5) departmental open, 6) open. When there are two lists of the same kind, the older must be used first. Eligible lists will expire in one to four years unless otherwise stated on the bulletin.

High School Equivalence: Equivalence to completion of the 12th grade may be demonstrated in any one of the following ways: 1) passing the General Education Development (GED) Test; 2) completion of 12 semester units of college-level work; 3) certification from the State Department of Education, a local school board, or high school authorities that the competitor is considered to have education equivalent to graduation from high school; or 4) for clerical and accounting classes, substitution of business college work in place of high school on a year-for-year basis.

Accepted applicants must provide proof of identification at each in-person test session. Acceptable identification consists of a photo identification card or two forms of signed identification.