Job Posting: Investment Technology Leads - Multiple Positions

Public Employees Retirement System

JC-468165
-
Investment Technology Leads - Multiple Positions
INVESTMENT OFFICER III, PUBLIC EMPLOYEES RETIREMENT SYSTEM

$10,370.00 - $12,367.00 per Month

Final Filing Date: Until Filled

Job Description and Duties

Career Services live Zoom sessions: Join us on Thursday, March 27, 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 26, 2025, by emailing HRSD_Career_Services@calpers.ca.gov.

Additional INVO job opportunities are linked below. We look forward to seeing you there!


*Applicants will be considered for all positions on this job posting*

Anticipated Interview Dates: We anticipate holding interviews on an ongoing basis until 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 have technology experience actively supporting and advancing investment strategies?
Do you have advanced analytical skills and thrive in a fast-paced agile environment?
Do you possess strong leadership qualities and excellent communication skills?
If so, this Investment Technology Lead position could be right for you!

Our Investment Technology & Performance (ITP) group within the Investment Office (INVO) is responsible for overseeing data and technology used to manage the Public Employees' Retirement Fund (PERF) and Affiliate Funds and drive our CalPERS mission. The team is currently seeking four (4) Investment Officer (IO) III positions to be the advanced working and lead level for one of the following teams:
  • Private Markets Technology 
  • Capital Markets Technology (2)
  • Total Fund Technology
Responsibilities include but are not limited to:
  • The Private Markets Technology IO III will act as a lead for private markets investment technology, including portfolio management systems, and pre- and post-investment tools. 
  • The Capital Markets Technology IO III's will act as a lead for capital markets technology, including trading platforms and portfolio management systems.
  • The Total Fund Technology IO III will act as a lead for total fund portfolio management technology, including multi-asset investment platforms and tools.
Duties include but are not limited to:
  • Collaborate with CalPERS' investment leadership and peers within asset class program areas, vendors, in addition to management and peers within the Information Technology Services Branch (ITSB) organization
  • As lead, recommend implementation and project approaches for investment business systems necessary to influence the success of INVO's overall investment and technology strategies
  • Perform vendor relationship management and technology platform support and governance at an advanced level using best practice methods 
  • Lead complex systems analysis and solution implementations
  • Review and approve the internal investment systems, processes, and data analysis documentation
  • Drive continuous improvement and optimize Technology Management operational processes to align with INVO organizational systems, business needs, and controls to reduce operational risk
  • Maintain knowledge of emerging technologies, methodologies, and trends to inform the success of INVO's overall investment and technology strategies
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.

Additional Documents

Position Details

Job Code #:
JC-468165
Position #(s):
275-690-4695-019
275-690-4695-017
275-690-4695-018
Working Title:
Investment Technology Leads - Multiple Positions
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:
4
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-468165/AC
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-468165/AC
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:
  • Strong inter-personal verbal skills and highly developed written skills for effective communication at all levels
  • Flexibility to handle new functionality and learn new skills to support investment strategies or products
  • Strong emotional intelligence, learning agility, inclusiveness, decision making and change management skills
  • Ability to lead research, analyze data and present ideas/recommendations clearly and concisely to management
  • Knowledge of investment principles and practices, investment types and markets
  • Excellent organization skills and the proven ability to work effectively in a fast-paced environment
  • Ability to build positive professional relationships with vendors and staff at all levels of the organization
  • Demonstrate excellent judgment skills on system issues and alignment with best practices
  • Experience analyzing technology solutions/systems to meet investment business needs

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 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, subject to change
  • Free offsite parking available with shuttle service 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-468151: Investment Technology Managers - Multiple Positions.

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.

Application Methods:
Electronic (Using your CalCareer Account)
By Mail
Drop-off
Print Job