Job Description

Job Description and Duties

This position is eligible for incentive compensation and has a maximum incentive opportunity of 20% of base salary.

The CalSTRS Investments Branch is seeking an experienced individual to work as an Investment Officer III, STRS (IO III) on the Investment Data Solutions team.

Investment Services is comprised of the following business areas in the Investment Branch: Operations, Performance, Compliance, Data Solutions, and Administration. Investment Services’ primary function is toprovide middle-office operational, performance and compliance support for internal and external portfolio activities, and by partnering with the asset classes to align business services for the successful implementation of investment policies.

Under the general direction of the Associate Portfolio Manager of Investment Data Solutions, the IO III provides research, maintain, and implementation of the investment data and technology functions for the Investment Branch. The incumbent will support efforts to optimize the use of data, advanced analytics, and technology to enable business growth, process automation and champion innovation. As a key member of the Investment Data Solutions team, IO III will support the development of critical functions of data engineering, architectural and key application support to drive values for the Investments Branch. The incumbent will be responsible for performing the following complex duties requiring the highest degree of independence, confidentiality, creativity and discretionary judgment while demonstrating effective oral and written communication skills, and professional knowledge of investment applications.

The ideal candidate will possess the following skills:

• Knowledge of investment principles and practices, investment types and markets
• Knowledge of best practice project management principles and methodologies
• Knowledge of technological concepts and language
• Knowledge of data management concepts, data quality automation, and data file/stream management
• Experience in portfolio, quantitative, platform analyses
• Experience in application development SDLC, testing and oversight
• Experience in quality assurance and quality control
• Ability to work cross functionally among all CalSTRS asset classes
• Ability to successfully work with internal and external clients
• Strong written and verbal communication skills
• Ability to take initiative and work independently
• Excellent interpersonal skills
• CFA or CAIA certification

Duties will be adjusted at the Investment Officer II, STRS level.

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.

In July 2025, the State of California implemented the Personal Leave Program 2025. This program reduces employees’ monthly base pay in exchange for paid leave credits. This position is subject to PLP 2025 and will have a monthly base pay reduction of 3% in exchange for 5 hours of leave credits for the duration of the program. The salary ranges shown on this job posting do not reflect the reduced amounts.

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 .

Working Conditions

CalSTRS offers a hybrid approach including in-office and remote work solutions based on business needs.

All staff of CalSTRS are employees of the State of California and subject to California employment taxes and withholdings. Upon appointment, staff are required to provide a current California address to CalSTRS Human Resources to be used as a remote work location.

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.

Special Requirements

Exam

This position requires a current Investment Officer III, STRS examination . If you need to take the examination or if your score has expired, click here to gain list eligibility.

For the  Investment Officer II, STRS  examination, click here to gain list eligibility.

CalSTRS Personal Trading Program

Investment Branch employees are required to participate in the CalSTRS Personal Trading Program which allows CalSTRS to monitor employees’ personal trading transactions in order to reduce risks associated with insider trading, front running, and misusing material non-public information. Upon accepting a position within the Investment Branch, you will be required to disclose your personal broker account information and be required to utilize a personal broker from a designated list as provided by CalSTRS.

Background Investigation

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.

CalSTRS Disclosure Requirements

This position may be subject to disclosure and disqualification requirements concerning economic conflict of interest in government work, including the  Conflict of Interest Code that applies to CalSTRS team members and the  Political Reform Act , 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) .

Benefits

CalSTRS offers a competitive pay schedule and a work-life-balance for all its employees. The State of California provides comprehensive benefits packages determined by the employee’s bargaining unit and conditions of employment. Some benefits include:

• Alternative work schedules
• Flexible work hours
• Remote work options
• Medical benefits, including health, dental and vision insurance
• Paid holidays and a defined benefit retirement program
• More than four weeks of vacation/sick leave for leaders
• More than three weeks of vacation/sick leave for staff
• Health insurance in retirement
• Employee Assistance Program
• Loan forgiveness under the federal 

For the latest information on the benefits offered by the state of California, explore the Health Benefits Summary provided by CalHR .

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: PN: 815-310-7684-0173/815-310-7339-XXX, RPA: 0038, JC-497126.
• If education is being used to meet the minimum qualifications, please submit a copy of your transcripts/degree.
• Training and Development (T&D) assignments may be considered for this position. If you are applying as a T&D, please indicate this in the eligibility section of your application.
  
• Candidate may be selected by application packet review only.
• Multiple positions may be filled from this recruitment.
• Submission of an incomplete STD 678 may result in disqualification. 

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 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.
• Other - A Cover Letter is required and must be included.

Job Tags

Permanent employment, Full time, Work at office, Remote work, Flexible hours,

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