This position is eligible for incentive compensation and has a maximum incentive opportunity of 125% of base salary.
The CalSTRS Investments Branch is seeking an experienced individual to work as an Investment Director on the Risk Mitigating Strategies (RMS) team.
The RMS asset class was established in 2016, with an objective to invest in strategies that provide further diversification of CalSTRS overall investment portfolio, especially during equity market downturns. RMS includes long duration U.S. Treasuries, Trend Following, Global Macro, Systematic Risk Premia, and other strategies to be identified in the future.
Under the general direction and in close collaboration with the Senior Investment Director (Public Markets), the Director of RMS will manage the RMS program. This position is responsible for performing complex duties requiring the highest degree of independence and discretionary judgment and reporting to the CalSTRS’ Investment Committee, on the RMS portfolio and is responsible for performing the following complex duties requiring the highest degree of integrity, independence, and discretionary judgment.
The ideal candidate will possess the following skills:
- Knowledge of risk management within investments
- Experience analyzing and advising regarding type of RMS investment strategy
- Experience analyzing the asset allocation and making recommendations for reallocation of strategies
- Experience coaching and guiding existing senior directors
- Experience developing and overseeing investment strategy initiatives
- Experience executing, adhering to and providing guidance on investment policies
- Experience in developing strategic goals and objectives, asset allocation, business plans, budgetary planning
- Ability to measure and monitor risk within and across investment types
- Ability to effectively communicate and collaborate with asset class directors to ensure consistency
- Ability to present recommendations to a board or similar governing body
An incumbent 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.
Relocation benefits may be available.
**To be considered for this position, submit your resume directly to Olivia Anderton, oanderton@dorepartnership.com.**
