Investment Analyst - Asset Allocation, Risk Management and Innovations
Established in 1922, the San Francisco Employees’ Retirement System (“SFERS”) is dedicated to securing, protecting and prudently investing pension trust (the “Trust”) assets and administering a defined benefit pension fund for eligible members of the City and County of San Francisco (the “City”), San Francisco Unified School District, City College of San Francisco, and the Superior Court for the County of San Francisco.
The San Francisco Employees’ Retirement System is dedicated to securing, protecting and prudently investing the pension trust assets, administering mandated benefits programs, and providing promised benefits to the active and retired members of the City and County of San Francisco.
The SFERS’ Retirement Board (“Retirement Board”) and investment team oversee the management of over $27 billion in Trust assets in public equity, public fixed income, private equity, venture capital, real estate, real assets, private credit and absolute return investments. The SFERS investment team has distinguished experience and educational backgrounds. Our investment strategy is unique, we have an exceptional research platform and our returns consistently rank near the top compared to other defined benefit plans.
Reporting directly to the Managing Director-Asset Allocation Risk Management and Innovative Solutions, the Investment Analyst will be responsible for assisting in the management and oversight of SFERS' asset allocation, risk management, and overlay programs.
The Investment Analyst is a member of the investment team of the SFERS. The Retirement Board sets forth the policies and procedures for investment program. This position provides technical, professional and administrative support for the Managing Director of Asset Allocation, Risk Management and Innovative Solutions and the Chief Investment Officer. Incumbents in this class perform difficult and complex research as well as due diligence work involving knowledge of asset allocation, risk management, innovative investment strategies, the capital markets and the asset management industry.
Essential functions of this position include, but are not limited to:
- Assisting with the designing of policies and practices that capture and monitor the Fund's risk exposures.
- Assisting with the development and implementation of quantitative models used in asset allocation, risk management, liquidity management, cash flow pacing forecasts, performance analysis, stress testing, derivative exposure management for each asset class and for the portfolio as a whole.
- Researching, designing, and implementing innovative investment strategies that are differentiated from traditional public and private investments.
- Sourcing investments opportunities, conducting thorough due diligence and modeling portfolio construction, and reviewing and negotiating investment management agreements .
- Assisting with the Fund's strategic and tactical asset allocation decisions as well as the Fund's asset/liability analysis.
- Providing recommendations/advice on investment structure, programs and policy.
- Performing both qualitative and quantitative analysis to monitor investment performance, diversification and overall risk management
Possession of a baccalaureate degree from an accredited college or university; AND
Experience: Two (2) years of relevant investment experience with a major financial institution, consulting organization, pension fund, endowment, foundation, family office, or sovereign wealth fund, including experience monitoring and measuring performance within institutional portfolios and the capital markets; developing quantitative applications to analyze and monitor public and/or private investments including qualitative skills for assessment and recommendations.
- Possession of a baccalaureate degree from an accredited college or university with a major coursework in economics, business, finance, accounting, mathematics, statistics, banking may substitute for one (1) year of the required experience.
- Possession of a master’s degree in economics, business, finance, accounting, mathematics, statistics, banking, or similar field may substitute for the required education and experience.
- Possession of a Chartered Financial Analyst (CFA) or Chartered Alternative Investment Analyst (CAIA) designation may substitute for the required education and experience.
- Possession of a Graduate Degree in Business Administration, Public Administration, Economics, Environmental Management or related field.
- Possession or in the process of completing a Certified Public Accountant license, the Chartered Financial Analyst program and/or a Chartered Alternative Investment Analyst program.
- Experience with quantitative investment and financial modeling for multiple asset classes and strategies.
Please use the link below to view the full announcement and submit an online application.