Job Opportunity

Retirement Investment Officer
San Joaquin County

Date Posted:

October 30, 2024

Salary:

$126,975 – $154,336 annual base salary + competitive benefits and compensation package

Description:

San Joaquin County Employees’ Retirement Association, SJCERA, is a $4.6 billion multi-employer public employee retirement system that provides retirement, disability, and survivors’ benefits to eligible employees of San Joaquin County and nine other participating employers. SJCERA has constructed a diversified portfolio that invests across public and private markets, including a risk mitigation component, designed to meet the annual assumed rate of return of 6.75%. SJCERA is responsible for maximizing investment returns on contributions and minimizing expenses. The Board of Retirement oversees administration of the benefits and investments in accordance with California statutes, Internal Revenue Code, and SJCERA’s bylaws and policies. The Retirement Investment Officer assists the Retirement Administrator in administering, monitoring, and evaluating SJCERA’s $4.6 billion investment program. This position serves as liaison with SJCERA’s investment consultants, oversees the development of comprehensive investment agreements with investment managers, monitors and analyzes investment performance, and maintains asset allocation and risk-limits through rebalancing.

Qualifications:

Ideal Candidate The Retirement Investment Officer for San Joaquin County will possess the following leadership qualifications: A high level of integrity and strong professional work ethics. Fiscally sound leadership and advising, professional accountability, the ability to make sound business decisions as a fiduciary for members. Strong and articulate communications skills. Demonstrated analytical skills, seasoned judgement and a proven ability to effectively collaborate with multiple entities to attain common goals. Desirable Qualifications Possession of a master’s degree in economics, finance, accounting, business/public administration (with an emphasis in investment, economics, finance, accounting, or real estate) or a closely related field. Three years of recent professional investment experience with the primary responsibility of assisting in the management of a multi-million dollar investment portfolio in a public agency or financial institution. Current designation as a Chartered Financial Analyst (CFA) by the CFA Institute is highly desired.

How to Apply:

Application Procedure Applications including resume, cover letter, and answers to supplemental questions must be received online by the final filing date: Friday, November 22, 2024

For more information or to apply online, visit the recruitment announcement page at https://www.jobapscloud.com/SJQ/sup/bulpreview.asp?b=&R1=1024&R2=EB2860&R3=EX.

Selection Process

If warranted by the number of candidates, applications may be reviewed by a screening panel. If utilized, the screening panel will select those most qualified to be considered to participate in interviews with the Chief Executive Officer, tentatively scheduled for the week of December 9, 2024. Final candidates will be subject to a background investigation and reference check prior to final selection. Offers of employment will be conditional on clearing a background check, criminal records verification with the DOJ, and pre-employment drug screening.

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