JOB 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.
SBCERA CORE VALUES IN ACTION
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.
THE RECRUITMENT PROCESS
Candidates are expected to complete the full application including all relevant work experience, education, credentials/professional designations and/or progress toward credentials/professional designations. Zoom interviews will be conducted on or about
July 21, 2026. Candidates who most closely meet the needs of SBCERA will then be invited to participate in in-person interviews, which are anticipated to take place on or about
August 12, 2026. EXAMPLE OF DUTIES
ESSENTIAL FUNCTIONS
Examples of job duties include, but are not limited to:
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Assist in analyzing global economic and financial markets, as well as pension fund investment management trends and new product developments.
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Support the implementation of investment program objectives and guidelines.
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Monitor and analyze cash flows and portfolio liquidity to meet expenditure requirements while maintaining the asset allocation plan.
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Assist in research and due diligence on existing and prospective investments, including quantitative and qualitative analysis.
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Assist in monitoring investment performance and evaluating portfolio and manager performance.
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Prepare special analyses, investment performance reports, and presentations for internal use, Board and Committee meetings, and external stakeholders.
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Support compliance monitoring and ensure adherence to Board-approved investment policies and guidelines.
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Participate in investment due diligence meetings with investment managers, consultants, and service providers.
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Maintain accurate records, investment documentation, and reporting systems.
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Develop deep proficiency with data, performance and portfolio tools used to manage the portfolio.
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Collaborate with other investment staff and SBCERA departments to support organizational goals.
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Perform other related duties as assigned.
SUPPLEMENTAL INFORMATION Applications must include a resume and cover letter. The information you provide will be used to verify and evaluate your job qualifications. Failure to submit the required materials and/or to provide information that clearly demonstrates possession of the above job qualifications will result in disqualification.
There will be a competitive evaluation of qualifications based on a review of all application materials submitted. Applicants must clearly describe their experience in the areas designated. Those who demonstrate exceptional qualifications in the competitive evaluation will be invited to continue in the selection process which may include written and/or performance examinations, oral interviews and/or other related evaluation methods.
Prior to employment, the prospective candidate must successfully complete a thorough background review, including being fingerprinted, as well as a medical examination, which will include a drug/alcohol screening. The resulting report of your conviction history, (if any), will be evaluated along with the other information received in connection with your application. Except as otherwise required by law, a criminal conviction will not necessarily disqualify you from the position. The nature, date, surrounding circumstances, and the relevance of the offense to the position applied for may, however, be considered.
This position is "at will" and serves at the pleasure of the Chief Executive Officer.
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.
