Associate Investment Officer

San Bernardino County Employees' Retirement Association • San Bernardino, CA

6d • Hybrid

About The Position

Under general supervision, the Associate Investment Officer supports SBCERA’s investment program by conducting research, monitoring investments, preparing reports, and making recommendations. The role supports the investment team in managing the investment portfolio and ensuring compliance with investment policies and objectives. Every employee is expected to model SBCERA’s core values by acting with integrity, embracing accountability, collaborating across teams, and striving for professional excellence in service to our 50,000+ members and beneficiaries.

Requirements

• Knowledge of SBCERA’s mission, strategic pillars, and core values of Integrity, Accountability & Transparency, Commitment, Effectiveness, Professional Excellence, and Collaboration.
• Knowledge of principles and practices of investment analysis, portfolio management, and financial markets.
• Basic understanding of asset allocation, investment products, and risk management concepts.
• Knowledge of techniques and methods for quantitative and qualitative analysis of investments.
• Knowledge of principles of investment performance measurement and reporting.
• Skill to apply SBCERA’s core values of Integrity, Accountability & Transparency, Commitment, Effectiveness, Professional Excellence, and Collaboration to their daily work assignments.
• Skill to use sound analytical judgment to evaluate complex investment data and market trends.
• Skill to communicate persuasively with internal and external stakeholders through written reports, presentations, and verbal briefings.
• Skill to interpret and apply investment guidelines, policies, and industry standards.
• Skill to organize and prioritize work to meet competing deadlines in a dynamic, fast-paced environment.
• Skill to use financial modeling tools, spreadsheets, databases, and performance analytics systems with precision.
• Skill to demonstrate adaptability and initiative in learning new investment concepts, tools, and strategies.
• Ability to model SBCERA’s core values of Integrity, Accountability & Transparency, Commitment, Effectiveness, Professional Excellence, and Collaboration.
• Ability to conduct research, analyze data, and make reasoned investment recommendations.
• Ability to communicate clearly and effectively, both orally and in writing.
• Ability to prepare reports, presentations, and analyses for diverse audiences.
• Ability to work independently and collaboratively in a fast-paced, team-oriented environment.
• Ability to use financial software, databases, spreadsheets, and reporting tools.
• Ability to establish and maintain effective working relationships with colleagues, external service providers, and stakeholders.
• Willingness to travel as necessary for meetings, due diligence, and conferences.
• A bachelor’s degree in finance, economics, mathematics, accounting, business administration (with an emphasis in investments, economics, or related fields), or a closely related field.
• At least three (3) years of professional investment experience with multi-asset portfolios in a public agency or financial institution involving investment analysis.
• A valid California Class C driver’s license may be required.

Nice To Haves

• Progress toward or having obtained a Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), or Financial Risk Manager (FRM) designation is desirable but not required.

Responsibilities

• Assist in analyzing global economic and financial markets, as well as pension fund investment management trends and new product developments.
• Support the implementation of investment program objectives and guidelines.
• Monitor and analyze cash flows and portfolio liquidity to meet expenditure requirements while maintaining the asset allocation plan.
• Assist in research and due diligence on existing and prospective investments, including quantitative and qualitative analysis.
• Assist in monitoring investment performance and evaluating portfolio and manager performance.
• Prepare special analyses, investment performance reports, and presentations for internal use, Board and Committee meetings, and external stakeholders.
• Support compliance monitoring and ensure adherence to Board-approved investment policies and guidelines.
• Participate in investment due diligence meetings with investment managers, consultants, and service providers.
• Maintain accurate records, investment documentation, and reporting systems.
• Develop deep proficiency with data, performance and portfolio tools used to manage the portfolio.
• Collaborate with other investment staff and SBCERA departments to support organizational goals.
• Perform other related duties as assigned.

Benefits

• Hybrid/Telework and Flexible Work Schedule: This position may be eligible for a hybrid working schedule with 3 days in the office and 2 days working remotely.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level