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 Total Fund Management (TFM) team.
The TFM team is responsible for integrating asset allocation (tactical, strategic, and asset-liability management), risk management, and balance sheet management to provide optimal long-term risk-adjusted returns for the total fund. While these activities have a long history at CalSTRS, the TFM team was established in July 2024. TFM works with the senior management team and asset classes, incorporates pacing and liquidity information, and provides analyses for total fund allocation decisions. A key objective for the team is to build and maintain a resilient, globally diversified investment portfolio.
Under the general direction of the Senior Investment Director (SID) of TFM, the Investment Director provides leadership and management of the CalSTRS Total Fund Management unit. Responsibilities include, but are not limited to, assisting with overseeing Asset Allocation, Balance Sheet Management and Total Fund research and positioning across the total fund, in alignment with CalSTRS Investment policies and strategies. The incumbent makes investment decisions that have a significant impact on the fund, makes tactical and strategic investment recommendations, and advises the SID on a variety of sophisticated investment portfolio management strategies and decisions.
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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 Analyst (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.
