Total Fund Data Manager, Investment Operations

California Public Employees’ Retirement System (CalPERS) is a global institutional investor and the nation’s largest public pension fund, with assets of approximately $531.27 billion as of February 27, 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.

Career Services live Zoom sessions: Join us on Thursday, March 6, 2025, from 12:00 to 1:00 p.m. for an opportunity to connect with leaders from our Investment Office (INVO) and learn about exciting job opportunities and the application process.

Please RSVP by Wednesday, March 5, 2025 by emailing HRSD_Career_Services@calpers.ca.gov.

Additional INVO job opportunities are linked below. We look forward to seeing you there!

Anticipated Interview Dates: We anticipate holding interviews on an ongoing basis until filled.

This position will run until filled with the following cutoff dates for review: The first cutoff date will be 3/15/25, and then the 1st and 15th of each month until filled.

In addition to completing your online job application, you must provide a Resume for the hiring manager’s review. Applications received without a Resume will not be considered.

Are you experienced in investment operations and how it can support and advance investment strategies?
Do you have advanced data management skills and thrive in a fast-paced agile environment?
Do you possess strong leadership qualities and have excellent communication and negotiation skills?
If so, this position could be right for you!

The Investment Operations (IO) team within the Investment Office (INVO) is responsible for middle and back office enabling functions to support and manage the Public Employees' Retirement Fund (PERF) and Affiliate Funds, and drive our CalPERS mission. The Investment Services team is currently seeking an Associate Investment Manager to be dedicated to the Total Fund Data Management team. This leader will play a critical role in supporting INVO by providing expertise in building an INVO data governance model, data modeling, data aggregation and analysis. This role requires a meticulous individual with a strong analytical mindset and a deep understanding of data governance. The Associate Investment Manager (AIM) will implement a range of checks and controls to ensure strict oversight of the data consumed and process to meet the fund's strategic objections and operational requirements.

Duties include, but are not limited to:

• Managing a team and oversee end-to-end supplier operations and relationships with market data and external vendors in partnership with asset classes and business teams.
• Developing a vendor management program and decision-making framework for team processes and vendor assessments, concentrating on operational efficiencies and mitigation of operational risk.
• Strategic procurement and sourcing, building, and maintaining vendor relationships, and effectively understands services landscape to support investment strategies and operations.

Telework Information: This position is eligible for hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.

Job Type: Full-time

Pay: $10,437.50 - $17,395.83 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 : $10,438 - $17,396