Total Fund Data Analyst

CalPERS; Sacramento (CA); Hybrid; USD 89,000 - 112,000; Full time

Job summary

CalPERS in Sacramento seeks an Investment Officer II to support governance, data accuracy, and cross‑functional collaboration within the Investment Operations team. The role focuses on Capital Markets and Total Fund data governance and governance processes across the organization.

You will work with the investment team to research, analyze data, and provide timely recommendations, while also supporting cash and liquidity reporting and forecasts. Hybrid work arrangement.

Responsibilities

• Coordinate implementation of data governance capabilities across all critical data elements within the Capital Markets and Total Fund data products.
• Collaborate with the Data Management Services (DMS) to ensure accuracy in Securities Master data.
• Assist with complex research and analysis, and present findings and recommendations in a timely and efficient manner for resolution of issues raised by CalPERS investment team members and external parties.
• Support the effective reporting of cash and liquidity, and work with team members across the enterprise to monitor, maintain, and report liquidity forecasts and results.

Job description

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.

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.

Position Details

Job Code #: JC-538115

Position #(s): 275-635-4671-062

Working Title: Total Fund Data Analyst

Classification: INVESTMENT OFFICER II

$7,993.00 - $10,004.00

This position is eligible for an annual incentive award and a Charter Financial Analyst (CFA) pay differential. The annual incentive opportunity is 0-10% of salary and is based on the level of achievement against several quantitative and qualitative measures. Permanent full-time employees who possess certification as a CFA may receive a 5% monthly base pay differential.

New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable.

# of Positions: 1

Work Location: Sacramento County

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 $653.74 billion as of November 4, 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 .

Job Description And Duties

We anticipate holding virtual interviews approximately 2-3 weeks from the final file date. We look forward to meeting with you!

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 data analysis and governance? If you’ve answered yes to these questions, then you’ve found a position you’d be interested in exploring further!

Our Investment Operations team is currently seeking an Investment Officer II to support governance, identification, coordination, review, and resolution of issues pertaining to Capital Markets and Total Fund data.

• Coordinate implementation of data governance capabilities across all critical data elements within the Capital Markets and Total Fund data products.


• Collaborate with the Data Management Services (DMS) to ensure accuracy in Securities Master data.


• Assist with complex research and analysis, and present findings and recommendations in a timely and efficient manner for resolution of issues raised by CalPERS investment team members and external parties.


• Support the effective reporting of cash and liquidity, and work with team members across the enterprise to monitor, maintain, and report liquidity forecasts and results.

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 Date and Leave Program

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.

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 .

Required Application Package Documents

• Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at www.CalCareers.ca.gov. All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.


• Resume is optional. It may be included, but is not required.

Applicants Requiring Reasonable Accommodations

Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.

Who May Apply

Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list or LEAP eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply. Individuals who are eligible for a Training and Development assignment may also be considered for this position(s).

Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).