CalSTRS Corporate Governance Division Seeks Investment Officer II
The CalSTRS Investments Branch seeks a motivated individual to work as an Investment Officer II in the Corporate Governance Division. Qualified readers should apply to this opportunity of a lifetime.
Many decades ago, I helped persuade CalPERS to form a corporate governance unit. They chose one of their own, with a similar skill set, to head the effort. Since that time both CalPERS and CalSTRS have shaped the history of corporate governance, as I have tried to do using this site and my own much smaller portfolio. This job at CalSTRS will afford the right applicant a huge stage at one of the most progressive public pension funds in the world.
The Investments Branch manages the investment portfolio for the nation’s second largest public pension fund. This branch is responsible for managing all investment activities to ensure performance objectives are met. The branch consists of the following units: Corporate Governance, Fixed Income, Global Equity, Inflation Sensitive, Risk Mitigating Strategies, Innovative Strategies and Risk, Investment Operations, Private Equity, Real Estate, and Administration.
The CalSTRS Corporate Governance Division was established in 1978 to protect assets through good governance and operational accountability. Corporate Governance provides proxy voting, portfolio company engagements, securities litigation support and portfolio management.
In 2018, the CalSTRS Investments Branch was named in Pensions & Investments magazine’s “Best Places to Work in Money Management” list for the fourth time since 2013.
The Investment Officer II provides corporate governance and investment performance expertise. The Investment Officer II is responsible for various duties including:
- Perform analysis on portfolio companies ESG performance
- Oversight of proxy voting
- Provide investment expertise on securities litigation
An Investment Officer II who possesses a professional certification as a Chartered Financial Analyst (CFA) may receive a 5% monthly base pay differential.
Does this opportunity seem right for you? If so, see the Application Instructions section below and apply now.
You will find additional information about the job in the Duty Statement.
CalSTRS Corporate Governance Investment Officer II
You will find the Minimum Requirements in the Class Specification.
Job Code #: JC-163384
Position #(s): 815-350-7339-001
$6,826.00 – $8,543.00
Permanent, Full Time
The California State Teachers’ Retirement System (CalSTRS) is the largest educator-only pension fund in the world. CalSTRS proudly provides retirement, disability and survivor benefits to California’s 949,000 public school educators and their families.
We encourage you to join our world-class financial services institution and state agency. Our headquarters and member service centers located across the state feature sustainable construction, plenty of natural lighting and functionally-designed work spaces. At our LEED Platinum headquarters in West Sacramento, enjoy the full service cafe, free onsite fitness center, bicycle library and walks along the Sacramento River. In addition to state-of-the-art amenities, we offer thriving wellness and sustainability programs, an award-winning employee recognition program, and ongoing learning and development opportunities.
CalSTRS Corporate Governance Investment Officer II: Special Requirements
Prior to employment with CalSTRS, a background investigation (BI) will be conducted. The BI consists of a Personal History Statement and fingerprinting through the Department of Justice. The BI will check criminal and civil records and, if applicable, verify education and check driving records.
The position may be subject to the disclosure and disqualification requirements concerning economic conflict of interest in government work, pursuant to the CalSTRS Conflict of Interest Code and the Political Reform Act.
CalSTRS Corporate Governance: Application Instructions
Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. 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: 7/17/2019
Who May Apply
Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list 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.
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
State Teachers’ Retirement System
P.O. Box 15275, MS 31
Sacramento, CA 95851-0275
Address for Drop-Off Application Packages
CalSTRS, Attn: Recruitment
100 Waterfront Place
West Sacramento, CA 95605
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.
CalSTRS Corporate Governance Investment Officer II: 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:
- Ability to build and maintain effective working relationships with internal and external companies and stakeholders.
- Ability to communicate ideas, thoughts, and facts orally and in writing; organizes ideas clearly; tailors communications to effectively reach an audience.
- Ability to compose and write reports, policy, procedures, processes, plans, and letters.
- Ability to work independently and in a team environment exercising a high degree of initiative, independence, and good judgment.
- Ability to prioritize workload.
- Experience voting proxies.
- Experience identifying and analyzing environmental, social, and governance (ESG) risks.
Learn about all of the benefits of being a CalSTRS employee by visiting CalSTRS.com/Careers and clicking on the About Us tab.
The Human Resources Contact is available to answer questions regarding the position or application process.
Human Resources Contact:
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.
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 APPLICATION INSTRUCTIONS
- Electronic applications through your CalCareer account are highly recommended. If you are unable to apply electronically through your CalCareer account, please mail or drop off a hard copy of your application packet. Please provide the following information on your application: PS 815-350-7339-001, RPA 3732, JC-163384
- If education is being used to meet the minimum qualifications, please submit a copy of your transcripts/degree.
- Candidate may be selected by application packet review only.
- Multiple positions may be filled from this recruitment.
See the CalSTRS announcement. If you get the job, let’s have lunch… or even before.