Associate Portfolio Manager - Strategy & Risk

Sacramento, California
$10,000.00 - $15,000.00 per Month; eligible for incentive compensation up to 45% of base salary
Sep 25, 2019
Oct 24, 2019
Industry Sector
Asset Management, Government
Employment Type
Full Time

Are you a quantitative expert with advanced skills in designing, developing and testing quantitative and analytical models? Do you have experience with quantitative analysis, portfolio strategy or risk management in a multi-asset, institutional environment?

The CalSTRS Investments Branch is seeking an Associate Portfolio Manager on the Investment Strategy & Risk team.

This is a great opportunity to join a growing, innovative team at CalSTRS. As a quantitative expert on the Investment Strategy & Risk team, you’ll play a key role on a team that manages total fund risk and exposures, sources ideas for tactical asset allocation, implements strategies to improve the total fund risk-return profile, and manages the strategic asset allocation.

In 2018, the CalSTRS Investment Branch was named in Pensions & Investments magazine’s “Best Places to Work in Money Management” list for the fourth time since 2013.

This position is eligible for incentive compensation and has a maximum incentive opportunity of 45% of base salary. 

An Associate Portfolio Manager who possesses a professional certification in one of the following designations: Chartered Financial Analyst (CFA), Certified Commercial Investment Member (CCIM), Financial Risk Manager (FRM), Certified Investment Management Analyst (CIMA) or Chartered Alternative Investment Analysts (CAIA) may receive a 5% monthly base pay differential. Only one 5% base pay differential is eligible regardless of the number of certifications.   

Responsibilities Include:

  • Lead development, validation, and implementation of quantitative models for total fund risk management and asset allocation.
  • Identify sources of risk in the total fund and existing asset classes and ensure comprehensive reporting of investment risks across the asset classes.
  • Assist in development and implementation of a quantitative total fund risk budget and portfolio construction process.
  • Actively participate and provide recommendations on total fund committees.  

Does this opportunity seem right for you? If so, see the Application Instructions section below and apply now.

The last day to apply is 10/24/19.