Senior Investment Director

Job Title:

Senior Investment Director, Public Markets

State Teachers' Retirement System

Salary: $26,167.00 - $38,834.00 per Month. New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable.

Contract:

Permanent, Full Time

Work Location:

Hybrid telework.

The CalSTRS Investments Branch is the investment portfolio for the nation’s second largest public pension fund, providing retirement, disability, and survivor benefits to California’s more than 949,000 K-12 teachers, plus community college educators and their families. The Portfolio is broadly diversified into seven asset categories with assets totaling approximately $417.7 billion. In 2022, the Branch was named in Pensions & Investments magazine’s “Best Places to Work in Money Management” list for the eighth time since 2013.

Under the direction of the Deputy Chief Investment Officer (DCIO), the Senior Investment Director, Public Markets serves as the senior leader over the Public Markets Asset Class Directors (Global Equity, Fixed Income and Risk Mitigating Strategies). The incumbent oversees the management of internal and external investment portfolios and the execution of investment committee policies and the Investment Policy and Management Plan.

The incumbent makes investment decisions that have a significant impact on the fund, makes tactical and strategic investment recommendations, and advises the DCIO on a variety of sophisticated investment portfolio management strategies and decisions.

• Demonstrated depth and breadth of public markets investment expertise, including significant experience with global equities and fixed income.
• Proven experience leading, developing, and retaining high‑performance investment teams, including mentoring senior investment professionals, supporting succession planning, and fostering an inclusive and collaborative work environment.
• Demonstrated ability to develop and execute sophisticated investment strategies and organizational initiatives including strategic planning, asset allocation, portfolio construction, and risk management.
• Experience executing, adhering to and providing guidance on investment policies.
• Extensive senior‑level investment leadership experience managing internal and external investment portfolios.
• Experience developing and implementing strategic goals and objectives, business plans, budgetary planning, and investment policies, including providing guidance on policy execution and ensuring consistency across investment programs.
• Experience developing and implementing strategic goals and objectives, business plans, budgetary planning, and investment policies, including providing guidance on policy execution and ensuring consistency across investment programs.

An incumbent who possesses a professional certification in one of the following designations:
Chartered Financial Analyst (CFA), Certified Commercial Investment Member (CCIM), Financial Risk Manager (FRM), Certified Investment Management Analyst (CIMA) or Chartered Alternative Investment Analyst (CAIA) may receive a 5% monthly base pay differential. Only one 5% base pay differential is eligible regardless of the number of certifications.

• 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

Exam:
This position requires a current Senior Investment Director examination. If you need to take the examination or if your score has expired,  to…