National Association of State Retirement Administrators

Position Information

Investment Officer I, Investment Operations
The CalSTRS Investments Branch is seeking an experienced individual to work as an Investment Officer I in the Investment Operations Unit.

Investment Operations’ primary function is to provide middle-office support for internal and external portfolio activities by performing pre-settlement portfolio controls, cash and trade management, cash flow analysis, portfolio and total fund reporting, and by partnering with the asset classes to align operational services for the successful implementation of the Investment Policy and Management Plan.
Under the direction of the Associate Portfolio Manager, the incumbent performs a wide range of analytical and technical work associated with the confirmation of investment transaction, affirmation processes and reconciliation of funds to support the functions of Investment Operations. The incumbent is expected to perform duties requiring independence, confidentiality, creativity and discretionary judgment.

Responsibilities of the Investment Officer I include:
  • Performing the duties associated with the confirmation of investment transaction and affirmation processes, which apply across all of the CalSTRS Total Plan asset classes.
  • Daily monitoring and reconciliation of the cash equivalent position for all CalSTRS funds through the use of custodian reports and CalSTRS order management system.
  • Participating in the investment transaction settlement process.
  • Participating in the reconciliation process for daily margin wires and collateral movements for futures positions by interfacing with various system applications and discussions with brokers and custodians.
The ideal candidate will be a motivated self-starter with middle office experience in the financial industry and the ability to effectively analyze situations and exercise discretionary judgement.
Position: Investment Officer I, Investment Operations
Organization: CalSTRS
Location: West Sacramento,  CA 
United States
Salary: $3,898.00 - $7,402.00 per Month
Posting Start Date: 1/13/2022
Date Posted: 1/13/2022

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:
  • Knowledge of investment principles and trends across multi-asset classes, both public and private
  • Knowledge of various investment transactions
  • Strong interpersonal skills
  • Excellent written and oral communication skills
  • Ability to work effectively as an individual and as part of a team to support team, unit, and Investments Branch goals
  • Ability to research, analyze, interpret, and present information
  • Ability to effectively analyze situations to determine cause and effect, and take appropriate action
  • Ability to evaluate data and situations, and make sound judgments and conclusions
  • Ability to prioritize and ensure deadlines are met
  • Ability to research and analyze complex issues with strong attention to detail
  • Ability to work independently
  • Ability to write Macro in Excel
  • Experience with R Studio
  • Experience in trade confirmation and settlement
  • Experience managing risk


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 Public Service Loan Forgiveness Program

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

Status: This listing expires on: 3/14/2022
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Organization Information

West Sacramento,  CA 95605
United States
Alysa Stockdale-Hollis