Current Job Postings
All CalPERS Investment Office positions require passing an examination. Please see the examination section below.
DC Green Bank – Chief Investment Officer
05/11/2020
DC Green Bank seeks a Chief Investment Officer (CIO) to help launch this cutting-edge, mission-driven organization. Reporting to the Chief Executive Officer (CEO), the CIO will be responsible for developing, deploying, and managing the organization’s first financial offerings, as well as securing capital funding. The CIO will actively seek new products that address market barriers and are aligned with the mission of the organization. As a key member of the initial management team, the CIO will play an important role in determining the strategic direction of this growing, high-impact organization.
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U.S. Bank – Financial Advisor, Advisory Center
05/06/2020
At U.S. Bank, we’re passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country’s most respected, innovative and successful financial institutions.
An advisor provides personalized customer facing financial consulting and advising services though telephone conversations. Receives and proactively contacts and profiles customer/prospects to understand their financial goals, objectives, and current financial position. Reviews each customer/prospect’s financial situation to recommend financial products that meet their objectives, risk tolerance, tax exposure, and the like. Using expertise and knowledge of the securities industry and markets, analyzes and interprets customer/prospect’s investment objectives considering various factors, and provides customized and individualized investment advice suited to those objectives while complying with all pertinent laws, regulations, and corporate policies.
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HarbourVest Partners – Investment Associate, U.S. Primary Investment team
05/04/2020
HarbourVest Partners, LLC, is currently seeking candidates for a two- to three-year pre-MBA Investment Associate position on its U.S. Primary Investment team. HarbourVest plans to hire a professional into the group for an immediate or summer 2020 start. This position is based in Boston.
Responsibilities will include performing comprehensive analysis on potential and existing primary partnership fund investment opportunities. This will include such things as reviewing offering memoranda for new funds coming to market, participating in due diligence meetings with buyout, growth, special situation, and venture capital managers; performing reference checks with portfolio company executives; working extensively with financial models; and evaluating overall manager performance by examining underlying portfolio investments. Specific responsibilities may also include regular interaction with fund managers and attendance at due diligence meetings, as well as the annual meetings of various private equity firms. Associates will also have a role in monitoring the firm’s active investments across a variety of private equity fund managers, as well as working with teammates across the HarbourVest organization.
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Greenspring Associates – Business Intelligence Director
05/04/2020
The Business Intelligence Director will play a significant role in preparing and reviewing quarterly performance reporting for purposes of the Firm’s marketing materials and special limited partner requests, and facilitating other strategic reporting projects for the Firm. This position will report directly to the CFO and be responsible for several direct reports of the BI Team.
Greenspring Associates, a venture capital platform with over $10B under management, invests in established and emerging venture capital fund managers, in expansion stage venture-backed companies and in secondary investments in venture capital funds and companies. Originally founded in 2000, the Firm now has over 100 employees with offices in Baltimore, Maryland and Palo Alto, California.
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New York State Office of the State Comptroller – Senior Investment Manager, Emerging Manager Program
05/04/2020
The position is based in the New York City office and will work closely with CRF’s internal staff across all asset classes, as well as with all appropriate program-partners on all aspects of the Emerging Manager Program. This role will report to the Director of the Emerging Manager Program.
To learn more about the responsibilities and preferred qualifications please view the Position Specification.
To apply please email your resume to Lauren at lmcelderry@eflassociates.com.
New York State Teachers’ Retirement System – Assistant Manager, External Fixed Income
05/04/2020
The New York State Teachers’ Retirement System is seeking experienced candidates to fill an investment position that will assist the Fixed Income department in achieving its investment and strategic goals.
The TRS Assistant Manager – External Fixed Income, will independently and under the direction of Fixed Income Management, perform various duties including, but not limited to, quantitative & qualitative research and analysis of fixed income strategies and money managers, due diligence, monitoring and evaluation on existing and prospective fixed income managers, and recommendations on new and existing fixed income managers.
Periodic and sometimes frequent travel both domestically and internationally is required.
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New York State Teachers’ Retirement System – Investment Officer 2, Fixed Income
05/04/2020
The New York State Teachers’ Retirement System is seeking experienced candidates to fill an investment position that will assist the Fixed Income department in achieving its investment and strategic goals. The TRS Investment Officer 2, will independently and pursuant to the direction of the Assistant Manager and/or TRS Investment Officer 3, perform various duties including, but not limited to, research and/or financial analysis, trade execution, monitor external fixed income investment managers, and bond analytic platform administration and analysis.
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ExodusPoint Capital – Equity Risk Manager
03/10/2020
We are looking for an Equity Risk Manager to manage equity portfolio and firm-wide risks. The Equity Risk Manager will play an active role in researching efforts to expand and improve risk management capabilities, assess investment behavior and optimize portfolio construction with the goal of helping the firm deliver superior risk-adjusted performance. The Equity Risk Manager will have extensive interaction with Equity Portfolio Managers trading across a variety of investment strategies and will present findings to Senior Management.
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NYSTRS – TRS Investment Officer 2 – Fixed Income
03/07/2020
The New York State Teachers’ Retirement System is seeking experienced candidates to fill an investment position that will assist the Fixed Income department in achieving its investment and strategic goals. The TRS Investment Officer 2, will independently and pursuant to the direction of the Assistant Manager and/or TRS Investment Officer 3, perform various duties including, but not limited to, research and/or financial analysis, trade execution, monitor external fixed income investment managers, and bond analytic platform administration and analysis. Affective until 4/4/2020.
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Mother Cabrini Health Foundation – Investment Analyst
01/13/2020
Mother Cabrini Health Foundation (Cabrini Health Foundation), based in New York City, is a newly created foundation as of July 2018; it is one of the city’s largest charities and the largest one dedicated solely to state causes. The foundation was created by the Catholic Diocesan Bishops of New York State, using the proceeds from the sale of the nonprofit health plan, Fidelis Care of New York (a nonprofit established in 1996 by the Catholic bishops of NY State), to publicly traded Centene Corporation, the largest Medicaid managed care organization. Mother Cabrini Health Foundation is named for Sister Frances Xavier Cabrini (born in Italy in 1850), who emigrated to New York, where she provided social assistance to Italian immigrants. She was canonized as a saint in 1946. The foundation is an independent and secular organization that will seek to transform the lives of underserved New Yorkers from all corners of the state and set a national model for addressing the health and wellness needs of low-income communities of every color, religion, and background.
The mission of the Cabrini Health Foundation is to improve the health and wellness of the poor, disabled, disadvantaged, elderly, and underserved people of New York State and their families by engaging in, promoting, sponsoring and supporting activities, programs and initiatives that enhance access to affordable quality healthcare and healthcare-related services and address the unmet healthcare and healthcare-related needs of communities across New York State, including, in each case, the Social Determinants of Health, consistent with the ethical principles, tenets and teachings of the Roman Catholic faith.
The Foundation is hiring for an Investment Analyst position which requires 1 – 4 years of experience.
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Muller & Monroe Asset Management – Sales and Marketing Analyst
01/13/2020
M2 is a diverse-owned boutique private equity firm, based in Chicago founded in 1999. We focus exclusively on small and emerging lower middle market private equity. Our core platform targets buyout, growth equity, distressed, and special situation funds raising less than $1 billion but typically between $100 million and $500 million. The firm currently manages approximately $1.2 billion on behalf of several public pension plans in IL, NY, CT, and CA.
The candidate does not have to have private equity or financial services experience. Key responsibilities would include research, database management, completion of questionnaires and RFPs, presentation development, and some administrative duties. Looking for someone with a college degree and 2 – 4 years of work experience.
How To Apply
Please submit resume and cover letter to Marion.Lewis@m2am.com and Rendel.Solomon@m2am.com with the subject line: Sales & Marketing Analyst
M2 SALES & MARKETING ANALYST KEY RESPONSIBILITIES
- SALES, MARKETING, & CLIENT SERVICE DUTIES
- Research potential sales targets for M2 in the Preqin database
- Prepare target review packages that includes a Preqin profile, a list of board members, and board meeting minutes (as available)
- Update Salesforce.com database with Sales & Marketing activities conducted by band members including meetings, phone calls, and other relevant notes for tracking
- Manage the completion of RFPs, RFIs, and questionnaires
- Help prepare marketing materials including flipbooks, executive summaries, and other documents for meetings and presentations
- Research press and other news sources for relevant information on potential sales targets for M2 products
- Update M2 firm information in consultant databases
- Update client contact notes
- Research, document, and track board meeting minutes for all clients and key sales targets
- Track conference attendance and M2 sponsorship
- Maintain client data rooms using Intralinks
- ADMINISTRATIVE DUTIES
- Manage the Sales & Marketing calendar for meetings, conferences, and speaking engagements
- Proactively track upcoming meetings and prepare the appropriate senior band member with documentation (presentation materials, news, biographies, other files and handouts)
- Print and bind presentations and other documents
- Ensure conference room is set for all sales, marketing, and client service-related meetings, along with clean-up afterwards
- Execute general office administrative duties, as required
Information and Examinations for all CalPERS open positions
Go to the CalPERS website for information on working at CalPERS and specific job openings. For general information on investment position classification (duties, minimum qualifications, salary, etc.) select from the links above. All CalPERS Investment Office positions require passing an examination, which you may access by choosing a link above and scrolling down. Exams are training and experiential in nature. Review your resume prior to taking an exam and answer completely and honestly.
Examinations have recently changed in most classifications. To successfully apply for an open position candidates must pass the most recent required exam. If you are unsure of your examination status check CalHR.
Questions on CalPERS job openings or the CalPERS recruitment process may be addressed to Alison Li at Alison.li@calpers.ca.gov, Carrie Douglas Fong at email carrie.douglas-fong@calpers.ca.gov, or Gabe deMesa at email Gabriel.deMesa@calpers.ca.gov or by phone 916-795-3836.