What are the responsibilities and job description for the Investments Contracts Specialist, Investment Operations position at California Public Employees' Retirement System...?
California Public Employees’ Retirement System (CalPERS) is a global institutional investor and the nation’s largest public pension fund, with assets of approximately $530.91 billion as of February 12, 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 the 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’ve answered yes to these questions, then you’ve found a position you’d be interested in exploring further!
Under the supervision of the Associate Investment Manager (AIM), the Investment Officer I (IO I) is the entry, development, and first working level performing the less complex investment work and will be responsible for day-to-day functions related to vendor management activities, including but not limited to investment contracting and procurement functions, reporting and data analysis related sourcing and contracting to ensure data completeness and accuracy of process. The IO I will provide end-to-end services for investment contracting support to both the Investment Office (INVO) staff and the Investment Services (IS) team through a full business cycle. The IO I will maintain a positive and collaborative team approach while demonstrating CalPERS’ Core Values of Quality, Respect, Integrity, Openness, Accountability, and Balance in accordance with personal work ethic in alignment with CalPERS Investment Beliefs.
Duties include but not limited to:
- Onsite and virtually, under the supervision of the AIM, assist Asset Class Management Investment Directors / Program Area Investment Director Contract Managers in developing, reviewing, and compiling less complex investment-related contract compliance documents, Spring Fed Pool Letters of Engagement (LOE), Statements of Work (SOW), Exemptions from Competitive Bid, Contracts, and Request for Proposals (RFP) that would add value to the CalPERS portfolio.
- Evaluate expenditure status, purchase orders, and expiration dates of contracts and related documents to develop recommendations for the various Contract Managers and AIM to ensure continuity of service.
- Can assist Contract Manager with formal and informal training as well as information-sharing sessions for INVO staff and Enterprise business partners.
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
