Investment Procurement and Payment Analyst

California Public Employees’ Retirement System (CalPERS) is a global institutional investor and the nation’s largest public pension fund, with assets of approximately $530.64 billion as of March 17, 2025. Headquartered in downtown Sacramento, we are a destination employer with an international reputation for leadership and innovation. At CalPERS, we’re committed to people – the people we serve, our team members, and the larger community around us. CalPERS is situated near Napa Valley, San Francisco, Lake Tahoe, and other desirable destinations, and we offer competitive benefit packages, compensation, and opportunities for advancement. Our people are deeply committed to our Mission & Vision and their decisions and actions are guided by our Investment Beliefs.

Do you enjoy working in a fast-paced environment?
Do you thrive working in a positive, dynamic team environment?
Do you enjoy all aspects of financial analysis?

If you have answered yes to these questions, then you have found a position you would be interested in exploring further!

The Investment Operations team is currently seeking an Investment Officer I to provide budget analysis, procurement services, and drive our CalPERS mission.

Duties include but are not limited to:

• Onsite and virtually, assist with budget analysis for all Investment Expenses. Act as a technical specialist resource to the Investment Office (INVO) payment and procurement operations team. Serve as an escalation liaison on less complex budget, procurement, and payment issues with the Financial Office (FINO) and Operations Support Services Division (OSSD). Assist in the facilitation and execution of various INVO-related goods and services to support the management of the CalPERS investment portfolio.
• Onsite and virtually, provide responsive and informative support to internal and external inquiries related to investment procurements, payments, and accounting matters. Collaborate with cross-functional teams to streamline processes, enhance efficiency, and drive continuous improvement activities. Responsible for monitoring the Investment Financial Services mailbox to triage incoming procurement, invoicing, reporting, and vendor management-related questions and requests for information in a timely manner.
• Efficiently manage incoming communications via email and other channels, triaging tasks and prioritizing activities to meet deadlines. Escalate as appropriate. Using task management tools (e.g., Asana / Optimize Spend / Power Business Intelligence (BI)), triage and track all investment finance procurement and payment requests and activities for Investment Services (IS) and perform duties as assigned in tool by IS management and Investment Officer leads.

Interview Dates: We anticipate interviews to be held one month from the final file date.

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.

Job Type: Full-time

Pay: $4,238.00 - $8,049.00 per month

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Retirement plan
• Vision insurance

Schedule:

• Monday to Friday

Work Location: Hybrid remote in Sacramento, CA 95811

Salary : $4,238 - $8,049