Finance Analyst III, LACERA (Real Assets)
FILING START DATE: Applications will be accepted starting Monday, September 21, 2020 at 8:00 A.M. The filing will be suspended on Monday, September 28, 2020 at 5:00 P.M.
Compensation: Starting at $13,754.37 up to $20,818.30 Monthly.
Management Appraisal of Performance Plan (MAPP): This position is subject to the provisions of the Management Appraisal of Performance Plan (MAPP). Initial salary placement and subsequent adjustment will be made in accordance with MAPP guidelines and regulations.
The Los Angeles County Employees Retirement Association (LACERA) administers and manages the $57+ billion retirement fund for the County of Los Angeles. We provide retirement, disability, and death benefits to eligible County employees and their beneficiaries, and collect, deposit, invest, and manage retirement funds collected from the County, outside districts, and County employees.
LACERA is one of the largest county retirement associations in the United States with over 156,000 members. Our membership is comprised of individuals from a diverse range of careers, age groups, and ethnicity - all contributing to the greater welfare of Los Angeles County.
Benefits include health insurance, annual leave, sick leave, retirement, paid holidays, and ride share program.
LACERA Values: We work together toward achieving our mission through our shared Values.
Our Values include Professionalism, Respect, Open Communication, Fairness, Integrity, and Teamwork.
Examination Information: Examination Number: 9-0769-W, Job Bulletin Number: 20-12.
Type of Recruitment: Open Competitive
ABOUT THE POSITION: The position is located in the Investment Office which is responsible for all aspects of the pension fund investment management including asset allocation, liability analysis, investment program structure, and implementation and monitoring of the fund.
VACANCY INFORMATION: The current vacancy is located in the Real Assets Section of LACERA's Investment Office.
Work Schedule: This full-time position is required to work a 5/40 schedule (e.g. an eight (8) hour day, Monday through Friday) for at least the first six (6) months of employment.
CERTIFICATION BONUS: Any permanent, full-time employee working in this classification possessing a valid Chartered Financial Analyst (CFA) certification from the CFA Institute is entitled to a Certification Bonus equal to two (2) salary schedules (approximately 5.5%) as provided by the Los Angeles County Step Pay Plan.
A Bachelor's degree from an accredited college or university in Finance, Economics, Business Administration or a related field -AND- Four (4) years' responsible investment management experience assisting in the continuing supervision and review of an extensive investment program for a large financial institution or governmental agency. An additional two (2) years of the required experience may be substituted for a college degree.
A Master's Degree in Business Administration or a related field and two (2) years' responsible investment management experience assisting in the continuing supervision and review of an extensive investment program for a large financial institution or governmental agency.
Two (2) years' experience at the level of Los Angeles County's position of Finance Analyst II, LACERA.
LICENSE: A valid California Class C Driver License or the ability to utilize an alternative method of transportation when needed to carry out job-related essential job functions.
PHYSICAL CLASS II Light: Light physical effort which may include occasional light lifting to a 10 pound limit, and some bending, stooping or squatting. Considerable walking may be involved.
- Demonstrated experience in researching, evaluating, and monitoring public and private infrastructure investments including the categories of utilities, transportation, telecommunications, energy, and power generation.
- Demonstrated experience in researching, evaluating, and monitoring public and private investments in natural resources including the categories of oil, natural gas, metals extraction, mining, timber, and agriculture.
- Demonstrated experience in researching, evaluating, and monitoring public market investments in commodities futures strategies, REITS and TIPS.
- Demonstrated experience in researching, evaluating and participating in due diligence of real assets managers.
- Demonstrated experience in developing and implementing investment policies, procedures, and guidelines related to real assets investments.
- Demonstrated experience executing co-investments in real assets.
- Demonstrated ability to present recommendations to a Board or Committee.
- Demonstrated ability to work independently and to meet project deadlines.
- Proficiency in using investment risk analytics systems that include real assets.
- Knowledge of a broad range of real asset investment strategies.
- Excellent oral and written communication skills.
- Chartered Financial Analyst (CFA) designation preferred.
To receive credit for the above desirable qualifications, your application must clearly describe your experience.
Knowledge of: Investment strategies and performance measurement; correct English usage, grammar, spelling, punctuation and vocabulary; analytical skills; interpersonal skills; principals and applications of Microsoft Applications including Word and Excel.
Ability to: Communicate clearly and effectively, orally and in writing and maintain effective relationships with public and staff; understand and follow oral and written directions; provide leadership; work with minimum supervision; and plan and organize their work and the work of others; establish and maintain effective working relationships with other staff internally and externally; and operate a personal computer utilizing Microsoft applications such as Word and Excel.
EXAMINATION CONTENT: This examination will consist of:
An evaluation of application information and the desirable qualifications weighted 100%..
Those candidates which are determined eligible for hire under the Los Angeles County's Civil Services Rules may be invited to the selection process which may be comprised of a selection interview and/or job related assessments.
CANDIDATES MUST ACHIEVE A PASSING SCORE OF 70 OR HIGHER ON THE WEIGHTED PORTION (S) OF THE EXAMINATION IN ORDER TO BE PLACED ON THE ELIGIBLE LIST.
EXAMINATION NOTIFICATIONS: All selection invitations (e.g. oral, performance, written, etc.) and/or special notices will be sent to candidates via email to the email address provided on the official application only. Ensure your email address is correct at the time of filing. Allegations of not receiving the email notification to the email address provided on the official application will not be considered an acceptable reason to authorize an early or late examination administration.
For the foreseeable future, all notices including invitation letters, results letters and notices of non-acceptance will be sent electronically to the email address provided on the application. It is important that applicants provide a valid email address.
Please add email@example.com and firstname.lastname@example.org to your email address book and to the list of approved senders to prevent email notifications from being filtered as SPAM/JUNK mail. Please note, if you opt out of receiving emails, you can visit governmentjobs.com, log into your profile and check your inbox. The inbox retains a copy of all emails sent, for your records.
DO NOT select "Off" under Email Preferences within your profile or click "Unsubscribe" on our notices if you would like LACERA to notify you regarding your application status, test schedules, and other important information pertaining to your candidacy for this position. Moreover, please add Your Email@lacera.com and email@example.com to your email address book and to the list of approved senders to prevent email notifications from being blocked or filtered as spam/junk/clutter email from your email provider. LACERA will not consider allegations of not receiving the email notification as an acceptable reason to authorize a reschedule or late exam administration
ELIGIBLE INFORMATION: The names of candidates receiving a passing grade will be placed on the eligible list in the order of their score group for a period of six (6) months following the date of promulgation.
APPLICATION AND FILING INFORMATION:
Application must be submitted online. Applicants can check the status of their applications at any time by logging into their account on www.governmentjobs.com
The acceptance of an employment application depends upon whether or not an applicant has provided adequate information that clearly demonstrates meeting the Minimum Requirements for the position as stated above. Please complete the application and supplemental questionnaire thoroughly and completely. Information provided in the supplemental questionnaire must be reflected in the application to be considered.
Failure to provide complete information on the employment application and on the supplemental questionnaire will impact the assessment of an applicant's qualifications and acceptance in the selection process.
Applications submitted without the complete work history and the supplemental questions completed in their entirety will be rejected as incomplete. "See application" or "See resume" or copy and paste of work experience is not sufficient or qualifying responses.
Resumes will not be accepted in lieu of the completed application or supplemental questionnaire.
In the space provided for education, include the names and addresses of schools attended, and number of credits, degree, and/or certificate(s) earned.
In order to receive credit for any college course work, or college degree, such as an Associate, Bachelor, Master, Doctorate degree, or for completion of a certificate program, you must include a legible copy of the official diploma, official and/or unofficial transcripts, or an official letter from the accredited institution which shows the area of specialization or official certificate(s) at the time of filing or within ten (10) business days from application submission date.
Applicants must provide the appropriate attachments during application submission, email the documentation to firstname.lastname@example.org, or fax a photocopy of the required documents to (626) 564-6699 within ten (10) business days of filing. Please include the examination title and number on the documentation.
Failure to provide the appropriate documentation may result in your application being rejected as incomplete and will be removed from consideration.
Your employment history should be listed in order beginning with the most recent.
For each job held, provide the name and address of your employer, your job titles, beginning and ending dates, description of work performed, salary earned, and reason for leaving.
If you have worked in more than one position for one employer, list each job title and/or area of assignment separately on the application to demonstrate your experience in various assignments/occupational areas.
Part-time experience will be evaluated on the basis of its fractional equivalent of a 40-hour workweek.
All required experience must be paid.
This position may require working evenings, weekends, and holidays.
TO APPLY ONLINE GO TO: www.lacera.com and click on the Careers link.
Faxed, emailed, or hardcopy (paper) applications will not be accepted.
COMPUTER AND INTERNET ACCESS AT PUBLIC LIBRARIES: For candidates who may not have regular access to a computer or the internet, applications can be completed on computers at public libraries throughout Los Angeles County.
Candidate(s) who complete examination process with acceptable results will be considered by the Department hiring authority. Upon an offer of employment, a comprehensive background investigation will be conducted, which includes verification of experience, and/or education, credit history, and fingerprinting through the California Department of Justice and the Federal Bureau of Investigation.
Except for a very limited number of positions, candidates will not be asked to provide information about conviction history until they receive a contingent offer of employment. LACERA will make an individualized assessment of whether or not a candidates conviction history has a direct or adverse relationship with the specific duties of the job, and consider potential mitigating factors, including but not limited to; evidence and extent of rehabilitation, recency of the offense(s), and age at the time of the offense(s). If asked to provide information about conviction history, any convictions or court records which are exempted by a valid court order do not have to be disclosed.
Please note that ALL information included in the application materials is subject to VERIFICATION at any point during the examination and hiring process, including after an appointment has been made. FALSIFICATION of any information may result in DISQUALIFICATION or RESCISSION OF APPOINTMENT.
Utilizing VERBIAGE from the Classification Specification, Minimum Requirements, and/or Desirable Qualifications serving as your description of duties WILL NOT be sufficient to demonstrate that you meet the requirements. Doing so may result in an INCOMPLETE APPLICATION and you may be DISQUALIFIED. Applications may be rejected at any stage of the examination process.
Requests for accommodation: email@example.com
Teletype Telephone: (800) 899-4099
Department Contact Name: Sharon Norton
Department Contact Telephone: (626) 564-6000 extension 3350
Department Email: firstname.lastname@example.org