Associate Investment Officer

About the role

The Position: Under general supervision, the Associate Investment Officer supports SBCERA’s investment program by conducting research, monitoring investments, preparing reports, and making recommendations. The role supports the investment team in managing the investment portfolio and ensuring compliance with investment policies and objectives.

Responsibilities

• Assist in analyzing global economic and financial markets, as well as pension fund investment management trends and new product developments.
• Support the implementation of investment program objectives and guidelines.
• Monitor and analyze cash flows and portfolio liquidity to meet expenditure requirements while maintaining the asset allocation plan.
• Aid in research and due diligence on existing and prospective investments, including quantitative and qualitative analysis.
• Aid in monitoring investment performance and evaluating portfolio and manager performance.
• Prepare special analyses, investment performance reports, and presentations for internal use, Board and Committee meetings, and external stakeholders.
• Support compliance monitoring and ensure adherence to Board-approved investment policies and guidelines.
• Participate in investment due diligence meetings with investment managers, consultants, and service providers.
• Maintain accurate records, investment documentation, and reporting systems.
• Develop deep proficiency with data, performance and portfolio tools used to manage the portfolio.
• Collaborate with other investment staff and SBCERA departments to support organizational goals.
• Perform other related duties as assigned.

Qualifications

• Education: A bachelor’s degree in finance, economics, mathematics, accounting, business administration (with an emphasis in investments, economics, or related fields), or a closely related field.
• Experience: At least three (3) years of professional investment experience with multi-asset portfolios in a public agency or financial institution involving investment analysis.
• Designations: Progress toward or having obtained a Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), or Financial Risk Manager (FRM) designation is desirable but not required.