The Los Angeles County Employees Retirement Association (LACERA) administers and manages the $75 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 ethnicity - all contributing to the greater welfare of Los Angeles County. Benefits include health insurance, annual leave, sick leave, retirement, paid holidays, and ride share program. LACERA Values: We work together toward achieving our mission through our shared Values. Our Values include Professionalism, Respect, Open Communication, Fairness, Integrity, and Teamwork.
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.
IDEAL CANDIDATE: The Ideal Candidate will satisfy the position's requirements (as stated below) and possess the following desirable qualifications:
Experience developing a Real Assets investment strategy.
Experience assessing and managing a portfolio risk.
Experience balancing Risk and Returns of an investment portfolio in Real Assets including infrastructure, natural resources, and TIPS for portfolio diversification.
Experience managing a substantial portfolio of Real Assets.
Experience monitoring and evaluating the performance of portfolio holdings ensuring adherence to portfolio's contract compliance and preparing regular reports on a portfolio.
Experience with external managers and consultants to implement a strategy using funds and co-investment structures.
Experience providing strategic insights and recommendations on portfolio adjustments and recommended implementation changes including periodic structure review process.
Experience recommending and evaluating proposed investments through a formal internal review process.
Experience managing and mentoring an investment team.
Aug 19, 2024
Full TimeRemote-eligible
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.
IDEAL CANDIDATE: The Ideal Candidate will satisfy the position's requirements (as stated below) and possess the following desirable qualifications:
Experience developing a Real Assets investment strategy.
Experience assessing and managing a portfolio risk.
Experience balancing Risk and Returns of an investment portfolio in Real Assets including infrastructure, natural resources, and TIPS for portfolio diversification.
Experience managing a substantial portfolio of Real Assets.
Experience monitoring and evaluating the performance of portfolio holdings ensuring adherence to portfolio's contract compliance and preparing regular reports on a portfolio.
Experience with external managers and consultants to implement a strategy using funds and co-investment structures.
Experience providing strategic insights and recommendations on portfolio adjustments and recommended implementation changes including periodic structure review process.
Experience recommending and evaluating proposed investments through a formal internal review process.
Experience managing and mentoring an investment team.
