INVESTMENT OFFICER II, PUBLIC EMPLOYEES' RETIREMENT SYSTEM

Join the California State Personnel Board as an Investment Officer II in the CalPERS Real Assets unit. This hybrid remote role in Sacramento County offers a monthly salary between $7,993 and $10,004, plus a benefits package that supports work-life balance and professional growth.

Benefits

• Alternate Work Schedules
• Flexible Work Hours
• Onsite childcare facility
• Onsite fitness center
• Onsite café and nearby restaurants
• Free onsite parking available Mondays and Fridays, subject to change
• Free offsite parking available with shuttle service Tuesdays, Wednesdays, and Thursdays

Responsibilities

• Perform market research using Bloomberg and other sources, organize data, and prepare summaries for the Real Assets management team to support investment reviews.
• Regularly engage with partners and management teams.
• Ensure CalPERS contractual rights are effectively managed and protected.
• Evaluate operating partner performance for compliance with agreements and CalPERS policies, providing reports or recommendations to management.

Technologies

Exposure to Bloomberg for market research and data gathering.

Desirable Qualifications

• Experience working on Real Assets research and governance projects.
• Excellent written and verbal communication skills.
• Strong analytical skills with attention to detail.
• Ability to be flexible and adapt to changes in priorities and timelines.

Required Application Package Documents

• Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at www.CalCareers.ca.gov. Include all Experience and Education related to the Minimum Qualifications to demonstrate eligibility.
• Resume is optional.

Live Scan

Candidates not currently employed at CalPERS must complete a criminal history review using Live Scan fingerprinting.

CalPERS Disclosure Requirements

If employed, you may be subject to Personal Trading Regulations and the CalPERS Conflict of Interest Code.

Special Requirements

All experience and education relating to the Minimum Qualifications must be included in your application package to clearly demonstrate how you meet the MQs. The Classification Specification is available under Minimum Requirements in this posting. You may need to pass an examination to establish list eligibility prior to a job offer. To find and take an exam, visit CalHR's CalCareers website.

How to Apply

• Electronic (Using your CalCareer Account)
• By Mail
• Drop-off

Application Instructions

Final Filing Date: 4/9/2026