Job Description

The Position

This is a continuous filing exam. Next filing cut-offs are at 5{​{:}}00 pm on{​{:}

} 4/25/2025, 5/16/2025, 6/6/2025 (Fina

l)Under direction, the Retirement Investment Officer assists in the administration and review of the investment program of the Sacramento County Employees' Retirement System (SCERS); monitors, analyzes and reports on investment performance and compliance; assists in planning and developing investment strategies; assists in the oversight and assessment of investment managers, consultants, custodian and other financial service providers; conducts complex research and analysis related to the investment program; and oversees and provides direction to entry/journey level investment staf

f.Examples Of Knowledge And Abiliti

esKnowledge

• ofInvestment and financial management procedures and practic
• esModern portfolio theory and applicati
• onRisk monitoring and management methods and techniqu
• esAnalytical techniques commonly utilized in the management of equity and fixed income portfoli
• osEconomic and market conditions and trends and their effect of short and long term investment programs and strategi
• esApplicable investment laws, rules, regulations, compliance considerations and professional standar
• dsOffice procedures, methods, and equipment including computers and applicable software applications such as word processing, spreadsheets, databases, and other specialized applications related to area of assignme
• ntEnglish usage, spelling, grammar, and punctuati
  
  

onAbility

• toCoordinate, monitor and evaluate the activities of multiple outside investment adviso
• rsIdentify potential investment opportunities suitable for the institutional portfol
• ioUnderstand and assess the quality, accuracy, and reliability of manager and consultant reports and the application of such dat
• a Isolate critical investment data to assess financial risk of investment optio
• nsAccurately analyze and interpret market and financial condition
• s Evaluate complex investment transaction
• s Evaluate investment manager contract
• s Understand, interpret and apply applicable investment laws, rules, and regulatio
• nsFormulate and make recommendations on investment policies and strategie
• s Learn, understand and apply Retirement Board policies and objectives with respect to investment strategie
• s Prepare and present reports on portfolio performance and investment activitie
• s Exercise appropriate judgment in answering questions and releasing information; analyze and project consequences of decisions and recommendatio
• nsCommunicate clearly and effectively, both verbally and in writi
• ngOperate a variety of office equipment, such as computers, scanners, copiers, faxes, et
  
  

c.Employment Qualificatio

nsMinimum Qualificatio

nsFive years of full-time paid professional investment experience, which included conducting, managing, advising, and/or overseeing investment activities on behalf of other

s.A

NDA Bachelor’s degree or higher from an accredited college or university in Business Administration, Accounting, Finance, Economics, Public Administration or other field directly related to the intent of the cla

ssDesirable Qualifications{​{

:}}A Master’s in Business Administration (MBA) or certification as a Chartered Financial Analyst (CFA) is desirable, but not requir

ed.Note{​{:}} If the word “experience” is referenced in the minimum qualifications, it means full-time paid experience unless the minimum qualification states that volunteer experience is acceptable. Part-time paid experience may be accumulated and pro-rated to meet the total experience requireme

nts.Note{​{:}} If the minimum qualifications include an educational or certificate/license requirement, applicants must submit proof of requirements with the application. Failure to submit proof of requirements may result in disqualification from the examination. Unofficial transcripts are acceptable. For guidelines on submitting acceptable proof of educational requirements, please click here or speak to someone in our office before the cut-off date listed in this no

tice.General Qualifica

tionsCriminal History and Background Check

{​{:}}The County may access criminal history information on candidates who have accepted a conditional offer of appointment for this class consistent with the provisions of Board of Supervisors Resolution No. 82-602, Personnel Policies and applicable federal and state laws. The County shall not consider for employment any candidate who has been convicted of a felony or misdemeanor that relates to or impacts the candidate’s ability to perform the job duties of this class unless it is determined that mitigating circumstances exist. For purposes of accessing criminal history information, the candidate will be fingerprinted. A subsequent arrest notification may be obt

ained.The County may also conduct a background check on the candidate prior to appointment to a position within this class. The background check may include personal and professional reference checks, credit history checks where authorized by Labor Code section 1024.5, Social Security Number verification, professional license/registration verification, military service information and driving history. Information obtained in the course of this background check will be considered by the appointing authority in the selection process. In obtaining such information, the County will comply with applicable consent and disclosure practices in the Fair Credit Reporting Act and the California Investigative Consumer Reporting Agencie

s Act.License Requirement{​{:}} A valid California Driver License, Class C or higher, may be required at the time of appointment. Failure to obtain or maintain the appropriate California Driver License may constitute cause for personnel action in accordance with Civil Service Rules or applicable bargaining agreement. Individuals who do not meet this requirement due to disability will be reviewed on a case-by-case

basis.Probationary

PeriodThe probationary period for this classificat ion is six (6)

months.Application and Testing Info

rmationAPPL

ICATIONQualified applicants are encouraged to apply immediately. All applicants must complete and submit an online County of Sacramento employment applicat ion by 5{​{ :}}00 PM on the posted cut-off date. Click here t

o apply.County of Sa

cramentoDepartment of Personnel

ServicesEmployment Services

Division700 H Street, R

oom 4667Sacramento,

CA 95814Phone (916) 874-5593; 7-1-1 California Relay

Servi c eEmail EmployOffice@Sacco

unty.netInter-Office Mail Code{​{:}

} 09-4667

• yJobs.netEmployment applications and all documentation requested in this announcement must be submitted by 5{​{:}}00 p.m. on the cut-
• off date. Employment Services is not responsible for any issues or delays caused by an applicant's computer or web browser. Applicants will be automatically logged out if they have not submitted their applications and all documentation prior to 5{​{:}}00 p.m. on the cu
• t-off date.Your application should highlight all relevant education, training, and experience, and clearly indicate how you meet the minimum qualifications for the position as of the cu
• t-off date.Application information must be current, concise and related to the requirements in this job announcement. You may only apply for this recruitment once. Duplicate and incomplete applications will be di
• squalified.A resume may be included with your application, however it will not substitute for the information requested on the a
  
  

pplication.SUPPLEMENTAL QU

ESTIONNAIREApplicants are required to provide a full and complete response to each supplemental question. The Supplemental Questionnaire is located in the tab marked "Supplemental Questions". Please be descriptive in you

r respons e.Note{​{:}} Responses of "See Resume" or "See Application", or copy and paste of work experience are not qualifying responses and will not be

• considered.Supplemental Questionnaires must be submitted by 5{​{:}}00 p.m. on the cut-off date. Employment Services is not responsible for any issues or delays caused by an applicant's computer or web browser. Applicants will be automatically logged out if they have not submitted their applications and all documentation prior to 5{​{:}}00 p.m. on the
• cut-off date.The supplemental questions are designed to elicit specific information regarding a candidate's experience, education, and training. Responses should be consistent with the information on your application and are subject to
• verification.Please provide place of employment, pertinent dates, and concise, descriptive and detailed information for
• each question.If a job included responsibilities applicable to several questions, separate the different functions of the job to answer all the questio
• ns completely.Resumes or referral to the application or other questionnaire responses will not be accepted in lieu of completing
• each question.If you have no experience, write "no experience" for the appropr
• iate question.For many individuals, it is more efficient to develop responses to the supplemental questions in a word processing document and then paste them into the final document to be submitted. Changes or corrections to your Supplemental Questionnaire cannot be made once your application packet has b
• een submitted.If the Supplemental Questionnaire is used in the Formula Rate exam, failure to complete all of the questions or incomplete responses will result in a lower score. While scoring the Supplemental Questionnaire, the candidate's application and/or attachments will not be reviewed, therefore, a candidate's responses to the questions should be accurate, thorough, detailed,
  
  

and complete.FORMULA RATE EXAMINATION (

Weighted 100%)All candidates meeting the minimum qualifications by the cut-off date will have their Supplemental Questionnaire scored in the Formula Rat

e Examination.This examination will evaluate the relevance, level, recency, progression and quality of candidate's education, training and experience. The candidate's application or other materials will not be included in this examination. Therefore, the candidate's responses to the supplemental questionnaire should be thorough, detailed and complete. The score from the Formula Rate Examination will determine the ranking on the eligible/employment list

for this job.All candidates competing in the testing process will receive written notice of their examination results by email. Notices can also be accessed in their governmentjobs.com inbox. Applicants achieving a passing score will be placed on the eligible list in rank order. The rank is determined by the test score attained from th

e examination.FREQUENTLY A

SKED QUESTIONSClick here for Frequently Asked Que

stions (FAQ's)For information regarding Co

• unty jobs{​{:}}
  
  

countyjobs.net Sacramento County is about enriching communities to thrive. We strive to create inclusive workplaces that reflect the communities we serve. We value and celebrate the unique perspectives, backgrounds, abilities, and diverse dimensions of our employees and residents. Through transparency, courage, innovation, and trust we are committed to advance equity and transform

ational change.We are a proud equal opportunity employer. If you need assistance or an accommodation due to a disability for any phase of the hiring process, please contact our Disability Compliance Office at dco@saccounty.gov or 916-874-7642, CA Relay 711.

Job Tags

Full time, Contract work, Temporary work, Part time, Work experience placement, Immediate start, Felony friendly,

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