National Association of State Retirement Administrators

Position Information

Chief Investment Officer
We are pleased to assist our client, the Police & Firemen’s Retirement System of New Jersey (PFRSNJ or the “System”) in finding their next Chief Investment Officer. PFRSNJ is a multi-employer, cost-sharing defined benefit retirement plan for all full-time county and municipal police, and firemen. PFRSNJ serves nearly 80,000 members and 579 different employers. As of June 30, 2022, PFRSNJ held assets in trust in excess of $31.4 billion.
Under the direct guidance of the Executive Director and, working in close collaboration with the Board, and specifically, it’s Investment Committee, the Chief Investment Officer (CIO), will lead the Investment Staff and be responsible for assisting the Board in fulfilling its fiduciary duties in managing the System’s assets. Along with the Investment Staff, the CIO will be responsible for monitoring investment performance, recommending adjustments to the System’s asset allocation and investment policies, ensuring compliance with all Board policies and applicable laws and regulations, and working closely with external investment consultants. The CIO, in collaboration with the Investment Staff and general investment consultant, will be responsible for all investment reporting and external investment manager evaluation and selection.
To learn more about the Responsibilities and Preferred Qualifications please view the link below:

Position Specifications

To apply please send your resume to Tamara at
Position: Chief Investment Officer
Organization: Police & Firemen’s Retirement System of New Jersey (PFRSNJ)
Location: Trenton,  NJ 
United States
Salary: $300,000-$350,000
Posting Start Date: 8/23/2023
Date Posted: 8/23/2023
• A baccalaureate degree in Economics, Finance, Business Administration or related field of study; an advanced degree is preferred • Professional certification as a Chartered Financial Analyst, Chartered Alternative Investment Analyst, is preferred not required
• Substantial (10 or more years ideally) institutional investment management experience, ideally in the public sector
• Must have experience on large scale asset transfer- Broad and deep asset class familiarity to include both public and private markets
• Strong ties to the external investment manager community
• Extensive knowledge of investment concepts, strategies, styles, and the analytical capabilities to manage a diverse investment management program
• Previous experience working in close collaboration with external investment consultants is preferred
• Previous experience working in close collaboration with a board of trustees and/or its investment committee is greatly preferred
• Adept at leveraging technology and software platforms to monitor investment performance and portfolio risk considerations
• Strong staff management and mentoring experience 
Status: This listing expires on: 10/22/2023
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Organization Information
Police & Firemen’s Retirement System of New Jersey (PFRSNJ)

Trenton,  NJ 08625
United States
Tamara Wesely