Chief Investment Officer - Office of Retirement Services
About The Position
The CIO for the City of San José Office of Retirement Services is an exciting and unique opportunity to work with and advise two separate Boards of Trustees in a complex, fast-paced and high-profile environment. The Boards seek an established and seasoned investment professional with experience in diverse asset allocation strategies. This person will be someone who can adeptly provide analysis and strategic planning to two separate boards seeking independent results and initiatives. The next CIO will be someone who: Fosters a collaborative and open environment. Gets to know and embrace a highly responsible investment team. Nurtures and supports ongoing professional development. Appreciates the current performance of the Funds. Reviews with a fresh perspective and introduce new ideas where necessary. Is comfortable with all asset classes. Can build trust with the two Boards of Trustees. Can maintain timely and informative communication with the Boards and stakeholders. Can work collaboratively with the CEO to achieve the overall goals and objectives of the Retirement Boards. The ideal candidate will be someone with a track record of great investment performance. This person will have a background in alternative investments, including hedge funds, private equity, private debt, multiple asset classes, and diversified portfolios. This candidate will also have outstanding communication and interpersonal skills. Lastly, this person will be confident and comfortable developing and mentoring a team, as well as speaking in public presenting to elected officials, member sponsors and the public.
Requirements
- A bachelor's degree in Finance, Accounting, Economics, Business Administration or a related field.
- Seven (7) years of increasingly responsible experience as a senior member of investment management developing and implementing investment strategies including identifying, evaluating, and negotiating and monitoring institutional investment portfolios for a multi-asset class pension plan, endowment or financial institution.
- Possession of a valid license authorizing operation of a motor vehicle in California.
Nice To Haves
- Experience in managing hedge funds and private equity is highly desirable.
- It is highly desirable that candidates have professional certifications such as: Chartered Financial Analyst (CFA) Certification; Chartered Alternative Investment Analyst (CAIA) Certification; or Chartered Enterprise Risk Analyst (CERA) Certification.
Benefits
- The CIO of ORS' salary range is currently $303,976 - $407,605;placement within this range will be dependent upon the qualifications and experience of the individual selected. This salary includes an approximate five percent (5%) ongoing non-pensionable compensation.
- The benefits package includes a defined benefit retirement plan with CalPRS.
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What This Job Offers
Job Type
Full-time
Career Level
Executive
Industry
Executive, Legislative, and Other General Government Support
Number of Employees
5,001-10,000 employees
