Investment Officer I
CalPERS seeks an Investment Officer I (IO I) to work under the general direction of the Portfolio Manager (PM) of Asset Allocation Risk Managment. The IO I assigned to the position identified above demonstrates the CalPERS Core Values (Quality, Respect, Integrity, Openness, Accountability, and Balance), works well as a member of a team, and takes initiative in effectively performing the following functions:
Duties include but are not limited to:
• Assists in the research of innovative strategic and tactical asset allocation strategy, including theoretical foundation, back-testing, forecasting, scenario analysis, rebalancing rules, risk budgeting, risk management and performance attribution based on solid theories in finance and economics, efficient financial data management and valid statistical techniques, such as regression analysis, financial time-series modeling and Monte-Carlo simulations.
• Assists in the research of quantitative investments strategy, performance analysis modeling, and quantitative risk management.
• Monitors external sources of a quantitative nature in the financial and economic area for information and investment ideas that could result in improvements of the CalPERS investment process.
Minimum Requirements and Experience:
• Equivalent to graduation from college preferably with major work in business administration, economics, finance, mathematics, or a closely related field
AND
• Six months of professional experience performing investment analysis
OR
• Completion of a student internship involving at least 500 hours of investment analysis work involving the management of a large equity, fixed income, real estate, and/or private equity portfolio OR
• Possession of a master's degree with major work in business administration, economics, finance, mathematics, or a closely related field
Desirable Qualifications:
• Degree in economics, finance, statistics, applied mathematics or other related fields
• Familiar with global equity, fixed income, real estate, and private equity asset classes
• Ability to perform quantitative analysis of very large data set using efficient algorithm
• Ability to program using Bloomberg WAPI, SQL and MATLAB
• Experienced using MATLAB, with particular focus on the following toolbox: Optimization, Statistics, Financial, Econometrics, Data Feed, and Financial Derivatives
Leave a Reply
You must be logged in to post a comment.