Los Angeles County Employees Retirement Association
Application
Details
Posted: 18-Nov-24
Location: Pasadena, California
Type: Full-time
Salary: $249,279.96 - $377,304.48
Sector:
Other
Salary Details:
LACERA offers a comprehensive benefits package that includes medical and dental coverage, 401K Plan, 457 Plan, defined benefits pension plan, retirement healthcare benefits, tuition reimbursement, paid holidays and annual leave.
Preferred Education:
4 Year Degree
Additional Information:
Telecommuting is allowed.
The Los Angeles County Employees Retirement Association (LACERA) is now accepting resumes for Senior Investment Officer (Private Equity).
The Senior Investment Officer supervises the overall management of one of LACERA's primary asset classes or cross asset category initiatives such as risk, management, asset allocation, performance reporting, and/or corporate governance and stewardship, and provides direction to staff who assist in the management of these categories.
This position is responsible for providing administrative and technical supervision to Financial Analysts, LACERA staff in the planning and monitoring of a primary asset class. Under the direction of a Principal Investment Officer, LACERA, this position is responsible for all aspects of pension fund investment management including investment program structure, implementation, and monitoring. Responsibilities include developing and recommending investment structure and policy and implementing Board approved plans and providing advice and counsel to LACERA's Board of Investments and LACERA management.
The Ideal Candidate will satisfy the position's requirements and possess the desirable qualifications listed on the job bulletin.
A Bachelor's degree from an accredited college or university in Finance, economics, Business Administration, or a related field AND five (5) years' responsible investment management experience including responsibility for continuous supervision and review of an extensive investment program involving the purchase and sale of securities, real estate, or other investment vehicles for a large financial institution or governmental agency.
A Master's degree in Business Administration, Finance, or a related subject, may be substituted for one (1) year of the required experience. An additional two (2) years of the required experience may be substituted for the Bachelor's degree OR three (3) years' experience as a Finance Analyst III, LACERA.
About Los Angeles County Employees Retirement Association
The Los Angeles County Employees Retirement Association (LACERA) administers and manages the $80 billion retirement fund for the County of Los Angeles. We provide retirement, disability, and death benefits to eligible County Employees and their Beneficiaries, and collect, deposit, invest, and manage retirement funds collected from the County, Outside Districts, and County Employees. LACERA is one of the largest county retirement associations in the United States with over 184,000 Members. Our Membership is comprised of individuals from a diverse range of careers, age groups, and ethnicities - all contributing to the greater welfare of Los Angeles County.