This position is being re-advertised. If you previously applied, your application is still being considered and you do not need to re-apply.

Anticipated Interview Dates: Virtual interviews are anticipated to be held beginning the week of July 29, 2024.

Telework Information: This position is eligible for a hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.

Do you have a passion for Compliance and Risk Management? Do you enjoy creating and maintaining efficient and effective processes? Are you looking for an opportunity to advance your risk management career? Are you ready to work at the largest public pension fund in the United States? If you've answered yes to these questions, then you've found a position you'd be interested in exploring further!

The Enterprise Compliance, Risk, and Governance Division / Investment Compliance Advisory Services Unit is currently seeking an Investment Officer II to build compliance and ethics awareness and drive our CalPERS mission.

CalPERS promotes and supports a culture that builds compliance and ethics awareness into the daily business processes for all program areas. Utilizing their knowledge of investment principles and practices, the Senior Compliance and Risk Officer's duties include, but are not limited to:

• Providing advice and guidance regarding compliance and risk management areas, including regulatory requirements, regulatory change, and industry best practices
• Providing feedback on risk inventories, controls and risk assessments
• Assessing investment market and economic trends, principles and practices
• Planning and conducting compliance testing and monitoring initiatives that impact CalPERS' divisions
• Conducting compliance reviews on an ongoing review cycle
• Reporting summaries of compliance reviews and highlighting opportunities and recommendations to management

SPECIAL REQUEST
Education Documents: Please include a copy of your transcript(s) and/or college degree that demonstrates your ability to meet the minimum education requirements.

How did you hear about this position? Tell us in this brief survey .
You will find additional information about the job in the Duty Statement .

Minimum Requirements You will find the Minimum Requirements in the Class Specification.

• INVESTMENT OFFICER II, PUBLIC EMPLOYEES' RETIREMENT SYSTEM

Additional Documents

• Job Application Package Checklist
• Duty Statement

Position Details Job Code #:
JC-429267

Position #(s):
275-345-4671-002

Working Title:
Senior Compliance & Risk Officer

Classification:
INVESTMENT OFFICER II, PUBLIC EMPLOYEES' RETIREMENT SYSTEM $7,534.00 - $9,430.00

This position is eligible for an annual incentive award and Charter Financial Analyst (CFA) pay differential. The annual incentive opportunity is 0-10% of salary and is based on the level of achievement against several quantitative and qualitative measures. Permanent full-time employees who possess certification as a CFA may receive a 5% monthly base pay differential.

# of Positions:
1

Work Location:
Sacramento County

Telework:
Hybrid

Job Type:
Permanent, Full Time

Department Information The California Public Employees' Retirement System (CalPERS) is the nation's largest public pension fund, providing retirement and health benefits to public employees, retirees, and their families. Headquartered in downtown Sacramento, we are a destination employer with an international reputation for leadership and innovation. At CalPERS, we're committed to people - the people we serve, our team members, and the larger community around us. CalPERS is situated near the Napa Valley, San Francisco, Lake Tahoe, and other desirable destinations, and we offer competitive benefit packages, compensation, and opportunities for advancement.

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 !

To take a look at CalPERS as a destination employer, view this YouTube video .

Special Requirements

Minimum Qualifications

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."

Please Note: You may need to pass an examination to establish list eligibility prior to a final offer of employment. To find and take an exam, visit CalHR's CalCareers website .

Application Instructions
Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.
Final Filing Date: 7/2/2024
Who May Apply
Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply. Individuals who are eligible for a Training and Development assignment may also be considered for this position(s).

Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).

How To Apply
Complete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at www.CalCareers.ca.gov. When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below:

Address for Mailing Application Packages

You may submit your application and any applicable or required documents to:

Public Employees Retirement System
Attn: JC-429267 / LMM
Human Resources Division, Recruitment
P. O. Box 942718
Sacramento , CA 94229-2718

Address for Drop-Off Application Packages

You may drop off your application and any applicable or required documents at:

Public Employees Retirement System
HRSD, SSU JC-429267 / LMM
400 Q Street, Lincoln Plaza North
1st floor drop box by security desk
Sacramento , CA 95811

08:00 AM - 05:00 PM

Required Application Package Documents

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.

Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.

Desirable Qualifications In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate:

• Experience in the financial services industry, including knowledge of investment programs and asset classes
• Experience in investment operations, investment compliance, and/or investment management
• A high degree of initiative, professionalism, confidentiality, and ability to work effectively individually and as part of a team
• Ability to effectively analyze information to develop and present appropriate recommendations
• Ability to evaluate programs and identify / develop recommendations for improvement to reduce risks and enhance internal controls
• Ability to present information clearly, both orally and in writing, to a wide range of audiences
• Intermediate to advanced Excel skills and experience with computer applications used in investment analysis and modeling
• Knowledge and experience with investment principles and practices, investment types, and the ability to apply a variety of investment analysis techniques, including quantitative methods, to critically review investment and financial data
• Professional certification such as a CPA, CFA, CAIA

Benefits Benefit information can be found on the CalHR website and the CalPERS website.

Contact Information
The Human Resources Contact is available to answer questions regarding the position or application process.
Human Resources Contact:
CalPERS Selection Services
(916) 795-2444
Recruitment@calpers.ca.gov

Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office.
EEO Contact:
CalPERS EEO
(916) 795-3675
EEO@calpers.ca.gov
California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice) TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.

Additional Information
Live Scan
Candidates not currently employed at CalPERS are required to submit to a criminal history review process utilizing Live Scan fingerprinting.

CalPERS Disclosure Requirements
If employed, you may be subject to rules imposed by Personal Trading Regulations and Conflict of Interest Code that apply to CalPERS team members, which require disclosure of certain investment information and use of a designated trading platform for securities transactions, as well as filing a Statement of Economic Interest (Form 700)

Sponsorship
This position is not eligible for visa sponsorship. Applicants must be authorized to work in the US without the need for a visa sponsorship now or in the future.

Please do not include any confidential information on any documents in your application package. Confidential information that should be excluded or removed from these documents include, but is not limited to, your social security number, date of birth, marital status, personal photos, a copy of your driver's license, equal employment opportunity data, examination scores, and LEAP status.

Equal Opportunity Employer
The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.