Public Markets Strategic Initiatives Manager

CalSTRS; West Sacramento (CA); On-site; USD 140,000 - 240,000; Full time

Benefits offered by this job

Incentive compensation

Relocation benefits may be available

Job summary

A leading public investment fund is seeking an experienced Portfolio Manager to oversee strategy in public markets. The role involves managing partner agreements, coordinating strategies with teams, and leading initiatives. Candidates should have strong analytical skills, experience in investment strategy analysis, and must possess relevant professional certifications. This position includes competitive salary, incentive compensation, and potential relocation benefits.

Qualifications

• Experienced with managing public market strategies.
• Proficient in preparing investment strategy analysis.
• Knowledge of risk management and counterparty agreements.

Responsibilities

• Oversee public market strategy coordination.
• Manage partner and counterparty agreements.
• Lead initiatives for public market operations.
• Provide leadership in investment performance measurement and reporting.
• Support enterprise-wide investments strategic initiatives.

Skills

Public Markets strategy development

Investment strategy analysis and recommendations

Counterparty trade agreements

Cross-divisional collaboration

Risk management best practices

Asset allocation and cash flow management

Investment performance measurement

Project management for investment initiatives

Communication of investment strategies

Leadership in cross-branch meetings

Education

Professional certification (CFA, CCIM, FRM, CIMA, CAIA)

Job description

The starting salary for this position will be set competitively and commensurate with the candidate’s qualifications and experience. This position is eligible for incentive compensation and has a maximum incentive opportunity of 125% of base salary.

The CalSTRS Investments Branch is seeking an experienced individual to work as a Portfolio Manager (PM) on the Public Markets team.

Under the general direction of the Senior Investment Director (SID) of Public Markets, the Portfolio Manager oversees and drives strategy in the public markets with analytical support and coordination to the public market teams and Senior Management Team initiatives. Responsibilities include public market partner and counterparty agreement management, internal strategy coordination, and Senior Management Team initiative lead to ensure consistent implementation, control, collaboration and communications across public market business areas, the broader Investment branch and external partners.

The ideal candidate will possess the following skills:

• Ability to manage the development of Public Markets’ new strategies or initiatives such as cross-asset class portfolio management and team development.
• Experience with preparing analysis and documents for investment strategy recommendations and presentations.
• Ability to serve as the business lead and subject matter expert for public markets in counterparty trade agreements.
• Ability to partner and collaborate across divisional teams to coordinate negotiations, management and reporting to ensure efficient execution.
• Broad knowledge of risk management best practices.
• Experience with annual asset allocation, cash flow balance and pacing, leverage and liquidity of the total fund, counterparty risk, and other balance sheet management functions.
• Ability to provide research and leadership relating to investment performance measurement and reporting.
• Experience with developing, evaluating and communicating investment strategies and initiatives to senior investment staff and Senior Management Team.
• Ability to provide project management and research support for investments strategic initiatives at an enterprise level.
• Ability to serve as the Public Markets liaison during cross-branch meetings, communicate insights and move investment initiatives forward.

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.

Does this opportunity seem right for you? If so, see the Application Instructions section below and apply now.