Investment Officer Iii, Public Retirement System

Investment Officer III, Public Employees Retirement System

Job Code: JC-515728

Working Title: Sustainable Investments Officer

Salary: $10,681.00 - $12,738.00 per Month

Final Filing Date: 5/15/2026

The Sustainable Investments (SI) team at CalPERS is seeking an Investment Officer III to significantly contribute to the system's commitment to climate solutions within its private markets portfolio and advance the CalPERS mission.

• Assist CalPERS' asset classes in underwriting energy transition-focused funds and/or climate solutions co-investments.
• Map the private climate solutions investment landscape across relevant asset classes.
• Support tracking, measurement, and reporting of the private markets portfolio's climate solutions exposure to contribute to CalPERS' climate and performance goals, accountability, and transparency efforts.

This position offers a hybrid work schedule, allowing up to two remote work days per week with three or more days onsite.

Visa sponsorship is not available for this position. Applicants must be authorized to work in the U.S. without future sponsorship.

• Job Code #: JC-515728
• Position #(s): -004
• Classification: INVESTMENT OFFICER III, PUBLIC EMPLOYEES RETIREMENT SYSTEM
• Salary: $10,681.00 - $12,738.00 per Month
• Eligible for annual incentive award (0-20% of salary).
• Eligible for a Charter Financial Analyst (CFA) pay differential (5% monthly base pay).
• # of Positions: 1
• Work Location: Sacramento County
• Telework: Hybrid
• Job Type: Permanent, Full Time

Refer to the Classification Specification for detailed Minimum Qualifications. You may need to pass an examination to establish list eligibility. Visit the CalHR's Cal Careers website for exam information.

• At least 5 years of prior professional investment experience.
• MBA or an advanced degree in business, finance, or a related technical field, or a professional certification (CFA, CPA, CAIA).
• Portfolio management experience.
• Knowledge and interest in sustainability and ESG.
• Strong analytical skills with attention to detail.

• Alternate Work Schedules
• Flexible Work Hours
• Onsite childcare facility
• Onsite fitness center
• Onsite café and nearby restaurants
• Free onsite parking (Mondays & Fridays, subject to change)
• Free offsite parking with shuttle service (Tuesdays, Wednesdays, Thursdays)

The State of California is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, disability, gender, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex, sexual orientation, or any other protected status. A drug-free workplace is expected of all state employees.