Position Details
Job Code #: JC-468274
Position #: 275-635-4637-009
Working Title: Trade Agreements Manager, Investment Operations
Classification: INVESTMENT MANAGER, PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Salary: $15,250.00 - $25,416.67
This position is eligible for annual and long-term incentive awards. The annual incentive opportunity is 0-75% of salary and is based on the level of achievement against several quantitative and qualitative measures. The long-term incentive program provides an additional opportunity of 50-75% of base salary beginning after five years and when absolute total fund returns meet or exceed board-approved thresholds.
# of Positions: 1
Work Location: Sacramento County
Telework: Hybrid
Job Type: Permanent, Full Time
Job Description And Duties
Career Services live Zoom sessions: Join us on Thursday, March 6, 2025, from 12:00 to 1:00 p.m. for an opportunity to connect with leaders from our Investment Office (INVO) and learn about exciting job opportunities and the application process. Please RSVP by Wednesday, March 5, 2025 by emailing HRSD_Career_Services@calpers.ca.gov.
Anticipated Interview Dates: We anticipate holding interviews on an ongoing basis until filled.
This position will run until filled with the following cutoff dates for review: The first cutoff date will be 3/15/25, and then the 1st and 15th of each month until filled.
In addition to completing your online job application, you must provide a Resume for the hiring manager’s review. Applications received without a Resume will not be considered.
Do you have a passion for trade operations and negotiating trading agreements? Do you find the complexities and dynamics of investing fascinating? Are you seeking an opportunity to drive change in a mission-oriented organization? If so, this Investment Manager position could be right for you!
Our CalPERS Investment Office (INVO) is currently seeking an experienced individual to fill the position of Investment Manager (IM) within our Investment Operations (IO) team to negotiate agreements, terms, and conditions which govern CalPERS trading relationships with counterparties and external managers.
Duties Include, But Are Not Limited To:
- Draft, negotiate, edit, and maintain trading agreements as necessary to execute with CalPERS external counterparties and investment managers.
- Provide subject matter expertise on other vendor contracts as requested.
- Maintain global compliance with all regulatory mandates subject to agreement and documentation with all counterparties/managers.
- Research and stay abreast of all evolving regulatory requirements which may impact CalPERS relationships, terms of agreement, or collateral schedules.
- Implement a regulatory requirement framework, amend legal agreements, and credit support annexes as required to maintain compliance.
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.
Final Filing Date: Until Filled
