What are the responsibilities and job description for the Associate Portfolio Manager, Fixed Income position at CalSTRS?
APPLY HERE: https://www.calcareers.ca.gov/CalHrPublic/Jobs/JobPosting.aspx?JobControlId=378640
CalSTRS is Hiring! Are you ready to take your career to the next level?
CalSTRS is the world’s largest educator-only pension fund, providing retirement, disability, and survivor benefits to over 1 million California public school educators and their families. In 2022, CalSTRS Investments Branch was named in Pensions & Investments magazine’s “Best Places to Work in Money Management” list for the eighth time since 2013, and our employees continue to support an inclusive environment.
The CalSTRS Investments Branch is seeking an experienced individual to work as an Associate Portfolio Manager in the Fixed Income Unit.
The ideal candidate will possess the following skills:
- Possession of a degree in Statistics, Finance, Business, Economics, or a closely related field
- CFA designation or similar industry certification
- Knowledge of investment principles and trends across multi-asset classes, both public and private
- Strong understanding of quantitative research process and methods to produce and interpret information
- Strong understanding of statistics, prepayment speed analysis, credit analysis, and modeling of structured products
- Knowledge of securitized products
- Experience coding in R Studio or Python
- Experience developing and implementing investment strategies
- Excellent written and verbal communication skills
- Strong quantitative and qualitative analytical skills
- Strong leadership skills
- Ability to work independently with little direction
- Ability to innovate existing processes and create new tools
- Ability to effectively analyze information to make decisions efficiently
- Ability to present information clearly, both orally and in writing, to a wide range of audiences
- Ability to work independently, prioritize workload, and meet deadlines
- Ability to work effectively as an individual and as part of a team to support team, unit, and Investments Branch goals
- Ability to interact with various levels of internal and external professionals with tact and diplomacy
This position is eligible for incentive compensation and has a maximum incentive opportunity of 50% of base salary.
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 Analysts (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.
Job Type: Full-time
Pay: $120,000.00 - $180,000.00 per year
Benefits:
- Dental insurance
- Employee assistance program
- Health insurance
- Paid time off
- Parental leave
- Professional development assistance
- Retirement plan
- Vision insurance
Physical setting:
- Office
Schedule:
- 8 hour shift
- Monday to Friday
Work Location: Hybrid remote in West Sacramento, CA 95605
Salary : $120,000 - $180,000
