Investment Operations Director

Job Description and Duties

Act as a key collaboration partner in the multiyear data and technology modernization strategic initiative.
Direct, manage, and lead InvOps through a multiyear transformation agenda to enable Total Portfolio Approach outcomes including modernization of operating models, investment data, technology platforms, governance, and business processes.
Collaborate with the Chief Operating Investment Officer and Investment Office leadership to design, implement, and continuously evolve a future-state operation model that aligns investment strategy, technology, controls, and operational capabilities to achieve investment outcomes.
Perform oversight of the end-to-end investment operating model, ensuring the integrity, timeliness, resilience, and continuous improvement of InvOps, including trade lifecycle execution, settlement processing, cash movement activities, portfolio support functions, and operational readiness.

Minimum Requirements

You will find the Minimum Requirements in the Class Specification.

Additional Documents

This position is eligible for annual and long-term incentive awards. The annual incentive opportunity is 0-120% of salary and is based on the level of achievement against several quantitative and qualitative measures. The long-term incentive program provides an additional opportunity of 0-120% of base salary beginning after five years and when absolute total fund returns meet or exceed board-approved thresholds.

Department Information

If you are interested in becoming part of a diverse and inclusive workforce where talent, experience, and expertise are valued, CalPERS invites you to apply for this employment opportunity. To find out more about our Diversity, Equity, and Inclusion efforts, visit our website!

Special Requirements

All experience and education relating to the Minimum Qualifications (MQs) listed on the Classification Specification should be included in your application package to clearly demonstrate how you meet the MQs for this position. If you are using education to meet MQs, please include your transcripts with your application package. If you have a degree from outside of the United States, you must submit an evaluation of this degree to determine the US equivalency. If you need an evaluation, you can visit the National Association of Credential Evaluation Services (NACES) website to find organizations that provide these services. The Classification Specification is located on this Job Posting under "Minimum Requirements."

Application Instructions

The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

• Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at www.CalCareers.ca.gov.
• All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
• Resume is optional. It may be included, but is not required.

Desirable Qualifications

• Post Graduate educational achievement in the investment, finance, business administration or accounting fields.
• Chartered Financial Analysis (CFA), Certified Public Accountant (CPA), Financial Risk Manager (FRM), or equivalent professional designation.
• Ability to operate in a team and collaborative driven environment is a key aspect underlying success at CalPERS.
• A high degree of initiative, professionalism, confidentiality, and able to work well under pressure in a fast-paced environment.
• Be flexible in adapting to changes in priorities, assignments, and other interruptions which may impact pre-established timelines and courses of action.
• Excellent written and verbal communication, attention to detail, and organizational skills.

Benefits

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

Contact Information

The Human Resources Contact is available to answer questions regarding the position or application process.

EEO Contact

CalPERS EEO
(916) 795-3675
EEO@calpers.ca.gov