National Association of State Retirement Administrators

Position Information

Investment Officer II, Investment Performance & Compliance
The CalSTRS Investments Branch is seeking an experienced individual to work as an Investment Officer II in the Investment Performance & Compliance team.

CalSTRS Investment Performance & Compliance team is comprised of two units: Investment Performance and Investment Compliance. Investment Performance oversees performance and attribution analysis for the CalSTRS total fund, asset classes and benchmarks. Investment Compliance helps foster a culture of the highest ethical standard. The team monitors and implements compliance activities that enable the Investment Branch to comply with policies and regulations while reducing risks and safeguarding the assets of CalSTRS members.

Under the general direction of the Associate Portfolio Manager, the Investment Officer II provides a high-level of investment expertise and performs investment analysis, tracking and reporting to support the investment cost project. The incumbent researches and analyzes performance and attribution data for all CalSTRS' funds, aggregates and indices, recommends industry best practices, and works with asset class staff to resolve performance discrepancies. The incumbent is responsible for performing complex duties requiring a high degree of independence, confidentiality, creativity and discretionary judgment..

Responsibilities of the Investment Officer II include:
  • Supporting the investment cost project, which includes performing complex investment analysis, tracking and reporting on investment related costs and expenses across the entire global investment portfolio and with private limited partnership agreements.
  • Researching and analyzing performance and attribution data for all CalSTRS' funds, aggregates and indices and collaborate with asset class staff to resolve performance discrepancies.
  • Preparing and analyzing reports and surveys of investment activity, holdings, or performance using data management and report generation software.
Duties and salary will be adjusted at the Investment Officer I level.

The Investment Officer II is eligible for incentive compensation and has a maximum incentive opportunity of 10% of base salary.

An Investment Officer I or II who possesses a professional certification as a Chartered Financial Analyst (CFA) may receive a 5% monthly base pay differential.

The ideal candidate will be a highly motivated self-starter with a strong work ethic, high degree of integrity, and experience performing investment performance attribution analysis.
Position: Investment Officer II, Investment Performance & Compliance
Organization: CalSTRS
Location: West Sacramento,  CA 
United States
Salary: $7,137.00 - $8,932.00 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 practices
  • Knowledge of data mining techniques
  • Experience reporting or interpreting investment performance data
  • Experience performing investment performance attribution analysis
  • Experience working with Business Intelligence tools, including Tableau
  • Excellent written and oral communication skills
  • Strong interpersonal skills
  • Knowledge of database management
  • Strong analytical problem-solving skills
  • Ability to research, analyze, and interpret complex technical information
  • Ability to present information clearly, both orally and in writing, to a wide range of audiences
  • Ability to successfully multi-task and re-direct job focus when needed
  • Ability to prioritize and ensure deadlines are met
  • Ability to research and analyze complex issues with strong attention to detail
  • Ability to work independently, exercising a high degree of initiative, independence, and discretionary judgment
  • Ability to work effectively as an individual and as part of a team to support team, unit, and Investments Branch goals
  • Proficiency in Microsoft Excel and Access


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