Investment Officer I, State Teachers' Retirement - Yolo County, CA, United States - State Teachers' Retirement System

State Teachers' Retirement System

Verified Company

Yolo County, CA, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

The CalSTRS Investments Branch is seeking an experienced individual to work as an Investment Officer I on the Fixed Income team.

The Fixed Income Unit is dedicated to maximizing riskadjusted total return within a multiasset class portfolio. They provide value through innovative/active asset allocation and bond selection by taking advantage of internally and externally managed strategies. The fixed income portfolio is managed using both enhanced and active strategies. In addition, several portfolios and programs including Treasury Inflation Protected Securities, RMS Long Duration Treasuries, Cash Management, Securities Lending and Currency Management reside within the Fixed Income unit.
Under the direction of the Portfolio Manager, the Investment Officer I is responsible for assisting in the analysis and trading of Commercial Mortgage-Backed Securities (CMBS) and agency Mortgage-Backed Securities (MBS) within the Structured Products Sector of the Fixed Income Portfolio. At this level, the incumbent is given their first delegation of trading authority (based on the strategy developed by the Portfolio Manager).
Undergraduate degree in finance, economics, mathematics, or other similar technical field
Experience trading and/or analyzing Commercial Mortgage-Backed Securities and agency Mortgage-Backed Securities
Knowledge of investment principles
Strong understanding of financial statements and accounting concepts.
Strong mathematical and economic skills including statistics.
Ability to communicate with tact, sensitivity, and personal awareness with internal and external customers during stressful working conditions (e.g., noise, tight deadlines, workload, and large transactions).
Ability to communicate ideas, thoughts, and facts orally and in writing; organizes ideas clearly; tailors communications to effectively reach an audience.
Ability to work effectively as an individual and as part of a team to support team, unit, and Investments Branch goals.
Ability to acquire, filter, cleanse and analyze complex data sets.
Ability to carry out openended assignments where there are no written instructions and solve problems that have no precedent.
Demonstrated ability to work effectively on a team, communicate workload management issues, and escalate problems that pose potential risk.
Ability to ensure work and information are complete and accurate; carefully prepare for meetings and presentations; follow up with others to ensure that agreements and commitments have been fulfilled
Ability to effectively work with Microsoft Outlook, Excel, and to quickly learn other software.
An incumbent who possesses a professional certification as a Chartered Financial Analyst (CFA) may receive a 5% monthly base pay differential.
Every 12 months, based on performance evaluation, employees may receive a 5% salary increase until they reach the maximum salary for the position.

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

Working Conditions

CalSTRS offers a hybrid approach with staff working onsite at our Headquarters in West Sacramento 23 days per week.

This position is not eligible for visa sponsorship.

Applicants must be authorized to work in the US without the need for visa sponsorship by the start date of employment with CalSTRS.

Minimum Requirements

You will find the Minimum Requirements in the Class Specification.

INVESTMENT OFFICER I, STATE TEACHERS' RETIREMENT SYSTEM

Additional Documents

Job Application Package Checklist
Duty Statement

Position Details

Job Code #:

JC428750

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Position #(s):

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Working Title:

Investment Officer, Fixed Income

Classification:

INVESTMENT OFFICER I, STATE TEACHERS' RETIREMENT SYSTEM

$4, $5,150.00 A
$4, $5,916.00 B
$5, $6,848.00 C
$6, $7,815.00 D

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# of Positions:

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Work Location:

Yolo County

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Telework:

Hybrid

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Job Type:

Permanent, Full Time
Department Information

Cal

STRS:
Securing the financial future and sustaining the trust of California's educators

CalSTRS is the largest educator-only pension fund in the world, providing retirement, disability and survivor benefits to California's more than 1 million public school educators and their families.

The Investments Branch manages a portfolio that is broadly diversified into seven asset categories with assets totaling approximately $336.2 billion as of March 31, 2024.

In 2023, the CalSTRS Investments Branch was named one of the Best Places to Work in Money Management by the Pensions & Investments magazine for the ninth time since 2013.

CalSTRS is committed to setting best practice precedents, implementing innovative diversity and inclusion principles, motivating positive change, and advancing the worlds investment markets.

We do this by establishing collaborative relationships across a vast network of investment managers, portfolio companies and ind