INVESTMENT OFFICER II

State of California; California; Hybrid; USD 89,000 - 112,000; Full time

Benefits offered by this job

Alternate Work Schedules

Flexible Work Hours

Onsite childcare facility

Onsite fitness center

Onsite café and nearby restaurants

Free onsite parking

Free offsite parking with shuttle

Job summary

CalPERS Investment Operations team seeks an Investment Officer II to support trade confirmation and settlement for Global Equity and Global Fixed Income, build processes for new trade strategies, and advance CalPERS' mission.

The role involves completing trade confirmations, monitoring order management systems, and resolving settlement issues with custodians and brokers. A collaborative, detail-focused professional is needed for a fast-paced environment.

Qualifications

• Experience with trade confirmation, settlement, or investment operations.
• Strong attention to detail and problem-solving skills.
• Clear communication with internal staff, brokers, and custodian banks.
• Ability to manage multiple priorities and deadlines in a fast-paced environment.
• Positive, team-first approach.

Responsibilities

• Complete trade confirmations and settlements for Global Equity and Global Fixed Income transactions.
• Monitor trade order management and matching systems, and prioritize trades by urgency and complexity.
• Research and resolve settlement issues with the custodian bank and brokers.
• Develop and implement processes to support new trade strategies for the fund.

Skills

Trade confirmations

Settlement

Investment operations

Attention to detail

Communication

Job description

Trade Operations Officer II
INVESTMENT OFFICER II

$7,993.00 - $10,004.00 per Month
New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable.

Final Filing Date: 11/13/2026

Our Investment Operations team is seeking an Investment Officer II to support trade confirmation and settlement across Global Equity and Global Fixed Income public markets, build processes for new trade strategies, and help drive our CalPERS mission.

Duties include, but are not limited to:

• Complete trade confirmations and settlements for Global Equity and Global Fixed Income transactions.
• Monitor trade order management and matching systems, and prioritize trades by urgency and complexity.
• Research and resolve settlement issues with the custodian bank and brokers.
• Develop and implement processes to support new trade strategies for the fund.

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.

Sponsorship: This position is not eligible for visa sponsorship. Applicants must be authorized to work in the US without the need for a visa sponsorship now or in the future. CalPERS does not participate in E-Verify for employment authorization purposes.

Effective July 1, 2025, the California Department of Human Resources (CalHR) implemented the Personal Leave Program 2025 (PLP 2025). PLP 2025 directs that each employee shall receive a 3 percent reduction in pay in exchange for 5 hours of PLP 2025 leave credits, monthly. The salary range(s) included in the job advertisement do not reflect the 3 percent reduction in pay.

# of Positions: 1

Work Location:

Telework: Hybrid

Job Type: Permanent, Full Time

Department Information

California Public Employees’ Retirement System (CalPERS) is a global institutional investor and the nation’s largest public pension fund, with assets of approximately $653.42billion as of October 16, 2026. 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.

If you are interested in becoming part of a diverse and inclusive workforce where talent, experience, and expertise are valued, CalPERS invites you to apply for this employment opportunity. To find out more about our Diversity, Equity, and Inclusion efforts, visit our website !

To take a look at CalPERS as a destination employer, view this YouTube video .

Special Requirements

Minimum Qualifications:

All experience and education relating to the Minimum Qualifications (MQs) listed on the Classification Specification should be included in your application package to clearly demonstrate how you meet the MQs for this position. The Classification Specification is located on this Job Posting under "Minimum Requirements".

Please Note: You may need to pass an examination to establish list eligibility prior to any type of job offer. To find and take an exam, visit the CalHR’s CalCareers website.

Career Services & Outreach

Need help with your state application, resume, Statement of Qualifications, or interview preparation? The CalPERS Career Services & Outreach (CSO) team provides comprehensive support throughout the CalPERS hiring process. Our services include one-on-one online consultations for application assistance, Statement of Qualification review, and interview preparation. To schedule an appointment and receive personalized guidance from our team, please use the following booking link: CalPERS Career Services Consultations.

Desirable Qualifications

In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate:

• Experience with trade confirmation, settlement, or investment operations.
• Strong attention to detail and problem-solving skills.
• Clear communication with internal staff, brokers, and custodian banks.
• Ability to manage multiple priorities and deadlines in a fast-paced environment.
• Positive, team-first approach.

Benefits

CalPERS team members are eligible for a number of benefits. Health benefits and leave programs are available for most team members. Benefit eligibility may depend on length of service and collective bargaining agreements.

• 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

Additional Information

Live Scan Candidates not currently employed at CalPERS are required to submit to a criminal history review process utilizing Live Scan fingerprinting.

CalPERS Disclosure Requirements If employed, you may be subject to rules imposed by Personal Trading Regulations and Conflict of Interest Code that apply to CalPERS team members, which require disclosure of certain investment information and use of a designated trading platform for securities transactions, as well as filing a Statement of Economic Interest (Form 700).

Surety Bond Must be able to qualify for a Surety Bond.

Please do not include any confidential information on any documents in your application package. Confidential information that should be excluded or removed from these documents include, but is not limited to, your social security number, date of birth, marital status, personal photos, a copy of your driver’s license, equal employment opportunity data, examination scores, and LEAP status.

Equal Opportunity Employer

The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.

California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice). TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.