Pension Industry Careers: Job Listings, Hiring, and Retirement Announcements

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• On: 07/26/2023 11:30:28
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July 2023 Pension Industry Careers: Job Listings, Hiring, and Retirement Announcements

NCPERS regularly highlights the latest industry job listings, new hires, and retirement announcements on behalf of its member pension funds, stakeholders, and service providers. Find our latest roundup of RFPs here. 

If your company has news about its staff or is looking to hire, please send announcements to lizzy@ncpers.org for consideration. 

Public Pension Industry Job Listings

Baltimore City Fire and Police Employees' Retirement System

We are pleased to assist our client, the Baltimore City Fire and Police Employees' Retirement System (BCFPERS or the System) in finding their next Executive Director. BCFPERS is the administrator of a single employer defined benefit local government retirement plan. The System provides normal monthly retirement benefits as well as death and disability payments. BCFPERS is a component unit of the City of Baltimore. As of June 30, 2022, the System held assets under management of $2.96B.

The Executive Director serves as the chief executive officer and reports directly to the Board. The Executive Director manages the day-to-day operations of the System, including administration of benefits. The role effectively manages all funds, makes sound investment decisions and collaborates with strategic partners, service providers, stakeholders. The Executive Director leads a current staff complement of 30, composed of 25 full-time employees and 5 contractors. 

Learn more about the responsibilities and preferred qualifications. To apply please send your resume to Tamara at tamara.wesely@eflassociates.com.

CalSTRS

The CalSTRS Office of the General Counsel is seeking a highly motivated individual to work as an Attorney IV on the Office of Legal Ethics & Accountability Team. The Office of the General Counsel is comprised of multiple highly visible and complex business areas: Office of Legal Ethics & Accountability (OLEA), Enterprise Information Management & Legal Operations, Information Security Office, Legal Services, Investment Counsel, and Litigation Services.

The Office of Legal Ethics & Accountability (OLEA) monitors and maintains compliance functions at CalSTRS in accordance with applicable laws and policies. OLEA ensures organization compliance with the Political Reform Act of 1974 and other compliance requirements, including, but not limited to, Form 700, Form 600-H, Form 600-J and State-mandated Ethics Training. In addition, OLEA coordinates and responds to Public Records Act requests, Information Practices Act requests, Citizen Complaint Act requests and subpoenas with the assistance of associated business area(s). OLEA reviews, investigates, assists, and responds to Ethics Hotline reports and provides general guidance to the CalSTRS Board and staff members in an effort to avoid any actual, potential or perceived conflict of interest. Under general direction of the General Counsel, the Legal Ethics & Accountability Attorney is the subject-matter expert and has the autonomy to consult with and advise internal and external stakeholders and business partners with broad discretion concerning the more complex laws, regulations, standards, and guidelines associated with ethics and compliance.

Monthly Salary Range: $11,305-$14,518
Final Filing Date: 8/07/2023
Learn more and apply here.

The CalSTRS Office of the General Counsel is seeking Multiple highly motivated individuals to work as an Attorney III on the Litigation Services Unit. The Litigation Services Unit is comprised of a team of litigators and support staff, and is responsible for representing CalSTRS in administrative hearings, writ proceedings, general litigation, and other legal proceedings. The Unit also works in conjunction with outside counsel on a variety of transactional and litigation matters.

Under the direction of the Assistant General Counsel and general direction of the General Counsel or Deputy General Counsel, the Attorney III performs work with broad discretion and independence with minimum supervision on the more complex legal issues related to the Teachers' Retirement Law. The Attorney III is responsible for providing legal services and representation regarding a broad range of complex legal issues arising in connection with CalSTRS. The incumbent represents CalSTRS in administrative hearings and other legal matters, drafts advisory opinions and other legal documents, and oversees the work of outside counsel on pending litigation.

Monthly Salary Range: $10,229-$13,132
Final Filing Date: 8/09/2023
Learn more and apply here.

The CalSTRS Office of the General Counsel is seeking a highly motivated individual to work as an Attorney V on the Investment Counsel Team. The Office of the General Counsel is comprised of multiple highly visible and complex business areas: Office of Legal Ethics & Accountability (OLEA), Enterprise Information Management & Legal Operations, Information Security Office, Legal Services, Investment Counsel, and Litigation Services. The Investment Counsel team provides expert legal advice to the Teachers' Retirement Board, executive leadership, and CalSTRS staff on all matters concerning the CalSTRS investment portfolio and its global investment activities. The Investment Counsel are responsible for preparing and reviewing investment transaction documents, and advising on complex, difficult and high-profile legal issues in the public and private markets, including securities and other litigation, tax matters, interpretation and application of relevant laws and regulations, and other challenging matters across state, federal and non-U.S. jurisdictions.

Under the direction of the Assistant General Counsel and general direction of the General Counsel or Deputy General Counsel, with minimum supervision and with broad discretion and independence, the Senior Investment Counsel reviews, evaluates and opines upon the most complex, difficult, and high-profile legal issues for the largest public teachers' pension fund in the United States; including investments, financial and real estate transactions, tax matters, interpretation and application of the Education Code and other constitutional and legislative mandates.

Monthly Salary Range: $12,290-$15,685
Final Filing Date: 8/11/2023
Learn more and apply here. 

City of Cincinnati Retirement System

The City of Cincinnati, is seeking a Retirement Executive Director to lead the Cincinnati Retirement System (CRS). CRS includes a single employer defined benefit Pension Plan for general employees that includes a deferred retirement option program (DROP), and a retiree health care benefits. Combined Pension Trust and OPEB Trust assets are $2.2B. CRS serves approximately 3,000 active members and 4,300 pensioners.
 
The Retirement Executive Director is appointed by and reports to the City Manager. The Retirement Executive Director is responsible for providing the support and guidance necessary for the Board to discharge its fiduciary responsibilities to plan participants and ensure that CRS administers the complex benefits structure accurately. This role will direct a staff of fourteen through five direct reports.
 
Learn more about the responsibilities and preferred qualifications here. To apply please send your resume to Tamara at tamara.wesely@eflassociates.com.

City of San Diego

The Chief Investment Officer reports to the City Treasurer and is responsible for overseeing the Investments Division for the Department.  The Investments Division is responsible for the management of the City's pooled investment fund of approximately $2.8 billion in accordance with the City Treasurer's Investment Policy.  The investment portfolios are comprised of fixed-income investment vehicles and are managed to meet near-term cash flow needs; the Division also separately manages the investment of bond proceeds in accordance with the respective indenture agreements.

The annual salary range for this position is $173,176.00 annually. Learn more and apply here.

Colorado PERA

Colorado PERA is hiring a Staff Attorney. This position is responsible for a variety of legal functions and provides services as requested or assigned by the General Counsel and the Senior Staff Attorneys. The Staff Attorney consults with PERA divisions to provide legal support regarding various business matters of the organization. Examples of responsibilities include legal research and analysis, supporting litigation, benefits, and transactional areas, and representing PERA in the administrative review process. Our ideal candidate has employee benefits and litigation or administrative law experience and a strong commitment to public service. We are looking for an effective communicator with the ability to interact with a variety of stakeholders both internal and external to PERA, who functions well in a team-oriented, fast-paced environment with high attention to detail. View the full job description. 

Interested candidates should complete the employment application online at https://www.copera.org/careers. Please have copies of your resume and cover letter available to upload. Please review the following questions. You will be asked for a response to these as part of your application:
1. What have you found to be the difficult part of being a member, not leader, of a team? How do you handle this?
2. What, in your opinion, are the key ingredients in guiding and maintaining successful business relationships? Provide examples of how you have made these work for you.
3. Please describe why you are interested in this position and how your experience would make you successful in this role.

District of Columbia Retirement Board

The District of Columbia Retirement Board (“DCRB”) seeks to fill a Senior Counsel and Staff Attorney vacancy. We ask that interested applicants be members of the District of Columbia Bar. However, in the event an interested applicant is not a DC Bar member, the applicant must be sworn into the District of Columbia Bar within 360 days of his/her initial appointment with the District of Columbia Retirement Board.

The Senior Counsel will provide legal support to all DCRB departments and staff, emphasizing support for DCRB's benefits administration function. This responsibility includes ensuring legal compliance with all governing authorities that impact agency operations, Board governance, benefits administration, and investment management. More details (including application instructions) can be found in the full position description. Learn more and apply here. 

The Staff Attorney will provide legal support to the DCRB benefits, contracts, human resources, and procurement, among other matters and other departments' needs, as requested by the General Counsel. This includes but is not limited to monitoring for and analyzing legal compliance with applicable Police Officers and Firefighters' and Teachers' Retirement Plan statutes, and applicable governing authorities. Learn more and apply here. 

Educational Employees' Supplementary Retirement System of Fairfax County

The Educational Employees' Supplementary Retirement System of Fairfax County (ERFC) is hiring for several positions:
Project Manager, Information Technology
Oversees and manages multiple technology projects impacting cross-organizational departments to ensure deliverables are coordinated to support successful implementations using multiple types of project management frameworks and methodologies (such as Agile, Scrum or Kanban); serves as the primary liaison between technology staff, product owners, and business sponsors to fully define the requirements and software specifications to ensure the desired outcome and value for all technology deliverables; collaborates with project teams and technical teams to support continued improvement and delivery through service and product lifecycles.

For additional information about qualifications and to apply, please click here.

Process Improvement Analyst
Performs the full range of professional duties required to support operational excellence with a high quality of client service for the assigned office or department, including the performance of complex and/or sensitive activities; documents and maintains workflow diagrams using Six Sigma methodology; analyzes process, policy, strategy, and systems to continually develop business performance and increase customer satisfaction; establishes key metrics for initiatives; provides qualitative and quantitative analytics on improvement results; collaborates to document cross-functional systems requirements and recommend new systems functionality; may manage a large-scale, long-term project.

For additional information about qualifications and to apply, please click here.

Senior Retirement Communications Specialist – One Year Only
Manages a team and program that provide a full range of marketing and communications services aimed at meeting ERFC goals and objectives; develops and delivers cross-channel communications content to provide outreach programs and inform; provides project management for ERFC communications.

For additional information about qualifications and to apply, please click here.

Illinois State Board of Investment

The Board of Trustees (the “Board”) of the Illinois State Board of Investment (“ISBI”) is conducting a search to hire its Executive Director & Chief Investment Officer (“CIO”). The Board is seeking an Executive Director/CIO with a unique blend of strategic leadership skills, investment expertise, and administrative acumen to lead ISBI. This individual will report directly to the Board and have general oversight of approximately 12 employees in Chicago, Illinois. Learn more about this role.

The position offers a competitive salary range depending on experience and qualifications. The position also includes a competitive benefits package. More information regarding ISBI can be viewed at www.isbinvestment.com.

Qualified candidates should submit resumes to rsalgado@bbp-chicago.com by 5.00 p.m. Central Standard Time on August 14, 2023.

Los Angeles County Employees Retirement Association (LACERA)

The Los Angeles County Employees Retirement Association (LACERA) is excited to share that we are recruiting for three (3) Division Manager positions! One in each of the following major functional areas: Administrative Services, Benefits, and Member Services.

This is a key leadership role, responsible for either administrative operations or the administration of retirement benefits, both of which have a direct and substantial impact on LACERA's ability to accomplish its Mission. If you have a background in public administration, benefits administration, or serving members, consider applying.
Annual Salary:  $135,700.68 - $205,394.04

For more information and to apply, please view the informational brochure, job bulletin, and/or visit LACERA's website at www.lacera.com, Careers then click “current job opportunities”. 

LACERA is pleased to announce the Resume Canvass for Staff Counsel Benefits as conducted by Major, Lindsey, & Africa. The Staff Counsel (Benefits) position reports to LACERA's Senior Staff Counsel for Benefits and Chief Counsel. The position will provide Staff, Management and the Board of Retirement and Investments advice concerning 1937 California Employees Retirement Law (CERL) and Public Employee Pension Reform Act (PEPRA) benefit eligibility other than disability.

Annual Salary: $135,700.80 -$205,393.92

If you wish to be considered for the position, please submit your resume along with a letter of interest which details your experience to:
Merle Vaughn
Major, Lindsey & Africa
mvaughn@mlaglobal.com

LACERA is pleased to announce the Resume Canvass for Staff Counsel Investments as conducted by Major, Lindsey, & Africa. The Staff Counsel (Investments) position reports to LACERA's Senior Staff Counsel for Investments and Chief Counsel. The role of Staff Counsel includes: 

• Providing investment professionals with legal advice relating to investment transactions
• Reviewing, drafting, and negotiating documentation for various investment transactions, including private equity, hedge funds, co-investment transactions, real estate, and public markets, Supervising outside counsel on investment transactions, Legal support on a wide range of transactional matters, Drafting memos, policies, and procedures to the Board of Investments 
• Drafting, reviewing, and negotiating commercial contracts relating to investments.

Annual Salary: $135,700.80 -$205,393.92

If you wish to be considered for the position, please submit your resume along with a letter of interest which details your experience to:

Merle Vaughn
Major, Lindsey & Africa
mvaughn@mlaglobal.com
 

LACERA is pleased to announce the Resume Canvass for Senior Benefits Staff Counsel as conducted by Major, Lindsey, & Africa. The Senior Benefits Staff Counsel position reports to LACERA's Chief Counsel and provides legal support to the Board of Retirement and Board of Investments, the Executive Office, the Member Operations Group, and other LACERA Divisions as needed on a wide range of benefits matters, including benefits eligibility (other than disability), the interpretation and application of the County Employees Retirement Law of 1937 (CERL), the Public Employees' Pension Reform Law of 2013 (PEPRA), and other relevant state and federal laws. The incumbent works closely with Chief Counsel on complex and sensitive benefits, ethical and fiduciary matters and advises senior leadership on significant and challenging benefits legal issues. They will prepare memos and present to the Board of Retirement for action or counseling on benefits issues and topics in open and closed session.

Annual Salary: $181,224.00 - $274,297.20

If you wish to be considered for the position, please submit your resume along with a letter of interest which details your experience to:
Merle Vaughn
Major, Lindsey & Africa
mvaughn@mlaglobal.com

LACERA is pleased to announce the Resume Canvass for Senior Investments Staff Counsel as conducted by Major, Lindsey, & Africa. The Senior Investments Staff Counsel position reports to LACERA's Chief Counsel. The role of Senior Staff Counsel includes:

• Providing investment professionals with practical legal advice relating to investment transactions
• Reviewing, drafting, and negotiating documentation for various investment transactions, including private equity, hedge funds, co-investment transactions, real estate, and public markets
• Hiring and supervising internal staff and outside counsel on investment transactions
• Legal support on a wide range of transactional matters
• Drafting memos, policies, and procedures to the Board of Investments
• Presenting to the Board of Investments
• Drafting, reviewing, and negotiating commercial contracts relating to investments.

Annual Salary: $181,224.00 - $274,297.20

If you wish to be considered for the position, please submit your resume along with a letter of interest which details your experience to:
Merle Vaughn
Major, Lindsey & Africa
mvaughn@mlaglobal.com

Missouri State Employees' Retirement System (MOSERS)
MOSERS is seeking a Head of Private Markets to join its investment program. As the Head of Private Markets you will lead the private market efforts at MOSERS and have oversight of private market team members and external manager relationships. In addition, this position will conduct/lead research into private markets and the potential subsequent strategic positioning of the MOSERS private market portfolio. The position will have the opportunity to allocate substantial dollars over the next few years as the private market portfolios grow in line with MOSERS asset allocation goals.   

How You'll Spend Your Time

• Leading the private market asset classes which includes manager hiring, monitoring, and termination process for the private market external managers.
• Overseeing staff and external manager relationships. Including daily monitoring of assigned managers, conducting due diligence meetings, and writing due diligence reports and contributing to portfolio construction discussions.
• Will lead private market meetings to inform staff about current market conditions, current positioning, manager performance, and research projects.  Other staff may lead some of these meetings as well.
• Producing/overseeing research on markets and sub-class allocation for use in asset allocation decisions.
• Recommending and implementing strategic, value-added allocations across private markets.
• Tracking external research sources including interacting with senior research/portfolio management professionals in the investment management and investment banking industries to provide useful insight into markets and investment opportunities.
• Working with internal staff, investment managers, and software vendors to ensure the quality of the data in the risk measurement and custodian systems.
• Developing and running reports in investment statistical software systems for use in the investment decision making process.
• Preparing presentations and presenting them to MOSERS' Board of Trustees.

What we're looking for in the ideal candidate: 

• Bachelor's degree in business administration, economics, finance, or closely related field with minimum of 7 years of broad institutional private market investment experience is required. Master's degree is strongly preferred.
• Strongly preferred Chartered Financial Analyst (CFA) and/or Chartered Alternative Investment Analyst (CAIA) designation.
• Supervisory Experience Preferred
• Strong analytical and data analysis skills are required.
• Advanced knowledge of private market investments, economic theories, and portfolio management.
• Strong communication skills, both written and verbal, are required with experience making formal presentations preferred.
• Ability to maintain confidentiality.
• Ability to establish positive working relationships with MOSERS staff, members, outside vendors, and other contacts.
• Ability to demonstrate integrity and high degree of ethics.
• Someone who can work independently and manage your time efficiently with minimal oversight
• Dedication to the task at hand and strive to exceed expectations.
• Willingness to travel, some overnight and out of state is required
• Valid driver's license.

 What You'll Love About Us

• Access to world class money managers
• Our governance policies which delegate manager hiring and terminations to staff
• The challenge of continuing to build out our private market portfolios
• Our balanced investment approach between performance and risk
• MOSERS commitment to funding your CFA, CAIA, or other professional designation or educational degree.
• Our Location - Jefferson City has been named "American's Most Beautiful Small Town" by Rand McNally in 2013 and ranked as the 2nd Best City to Live In by Business Insider in 2020. Click here to learn more about the area.
• Knowing you are working to provide financial security for our members
• Our Team – Our staff consistently ranks “co-workers” at the top of their lists of things they love about MOSERS in our Employee Satisfaction and Engagement Surveys
• Our Culture – Our staff also ranks our leadership and our “team” culture highly on our surveys.

If this job sounds like a fit for you, we look forward to reviewing your resume!   To ensure consideration apply by Friday, June 30 but the position will remain open until filled. Learn more and apply here.
 

Public Employees Retirement Association of Minnesota

PERA of Minnesota is hiring for several positions:

Software Engineer: This position exists to work as part of a highly collaborative cross-functional Agile/SCRUM team to implement new business system needs, as well as make modifications and fix bugs in existing code. Responsibilities include analyzing user stories, application design, developing user interface layouts, writing code for both the front-end and back-end of the applications, developing and executing test scripts, fixing defects and supporting applications in production. Once new hire training is complete, this position will primarily be telework. This posting will be used to fill eight (8) ITS3 positions. This posting closes on July 17, 2023. 

• Job Class: Information Technology Specialist 3

• Agency: Public Employees Retirement Association

How to Apply - For additional information about the application process, go to http://www.mn.gov/careers  Search for Job ID 66264. If you have questions about applying for jobs, contact the job information line at 651-259-3637 or e-mail careers@state.mn.us . Contact Robin Gilmer at robin.gilmer@mnpera.org or 651-201-2679 if you have questions about the position or how to apply.

Senior Software Engineer: This position exists to work as part of a highly collaborative cross functional Agile/SCRUM team to implement new business system needs, as well as make modifications and fix bugs in existing code. Responsibilities include analyzing user stories, application design, developing user interface layouts, writing code for both the front-end and back-end of the applications, developing and executing test scripts, fixing defects and supporting applications in production.  As a senior technical resource routinely takes on the design of business requirements of the highest technical complexity. Recommends new technologies to meet new business needs that includes benefit, risk, security, architecture and cost considerations. Once new hire training is complete, this positon will primarily be telework. This posting will be used to fill two (2) ITS4 positions. This posting closes on July 5, 2023.

• Job Class: Information Technology Specialist 4
• Agency: Public Employees Retirement Association

How to Apply -  For additional information about the application process, go to http://www.mn.gov/careers Search for Job ID 66259. If you have questions about applying for jobs, contact the job information line at 651-259-3637 or e-mail careers@state.mn.us . Contact Robin Gilmer at robin.gilmer@mnpera.org or 651-201-2679 if you have questions about the position or how to apply.

Employer Services Supervisor: This position exists to plan, coordinate and supervise daily business operations of all employer reporting and contribution activities to ensure that the receipt, reconciliation, and posting of approximately $1.4 billion annual employee and employer contributions and related interest complies with all legal and administrative requirements including Minnesota Statutes 353 and 356. This position develops and implements strategic vision and action plans in accordance with PERA's mission and serves as business owner of PERA's Employer Reporting and Information System (ERIS) online portal through engagement with both internal and external stakeholders, PERA's product owners and information systems. This position offers a hybrid work schedule which includes telework days and in office days at the PERA office building in St. Paul. This posting closes on July 5, 2023.

• Job Class: State Program Administrator Supervisor Principal
• Agency: Public Employees Retirement Association

How to Apply -  For additional information about the application process, go to http://www.mn.gov/careers Search for Job ID 66615. If you have questions about applying for jobs, contact the job information line at 651-259-3637 or e-mail careers@state.mn.us . Contact Robin Gilmer at robin.gilmer@mnpera.org or 651-201-2679 if you have questions about the position or how to apply.

San Luis Obispo County Pension Trust

The San Luis Obispo Pension Trust is seeking to hire its next Executive Director. The San Luis Obispo Pension Trust is an independent trust that administers a defined benefits pension plan for 6,900 members. It has $1.7 billion in assets and is 64% funded. The Executive Director is responsible for administering the retirement plan and the deferred compensation plan, managing day-to-day operations, funding, investments, debt issuance oversight, and other duties. 

The ideal candidate is a collaborative, fiscally responsible leader with excellent verbal and written communication skills; a hands-on problem solver with strong organizational, administrative, and analytical skills; a person who possesses in-depth knowledge of pension benefits administration, the disability claims process, and investing; one who builds positive relationships with their peers, stays abreast of emerging issues, and provides education and training to trustees, members, staff and other stakeholders. The best qualified candidate has prior experience leading a public, defined benefit pension system AND working with investment advisors, actuaries, auditors, and other professionals. Prior involvement developing budgets and preparing public financial statements/Annual Comprehensive Financial Reports (ACFRs) is an asset. 

Salary: $158,600 - $202,363 /year, DOQ + benefits. 

Learn more and apply online here by August 7, 2023. For questions and inquiries, contact Cindy Krebs or Sherrill Uyeda at (562) 901-0769.

State Universities Retirement System of Illinois – Champaign, Illinois
SURS' Chief Investment Officer (CIO) is an executive leadership position that reports directly to the Executive Director with a dotted line report to the SURS Board of Trustees. As the System's strategic investment leader, the CIO is responsible for directing the management of SURS' investment portfolio within the goals established by the board and will have the board organizational responsibilities that generally accompany the position of the senior investment leader. The CIO is responsible for the development of an innovative, long-range, and comprehensive investment vision and strategy. The CIO will primarily be held accountable for and measured by investment performance and generating returns in excess of appropriate benchmarks, while appropriately managing risks. The CIO should be a strong leader that exhibits the values of SURS such as being honest, ethical, trustworthy, collaborative, inclusive and professional. The position serves on the Executive Leadership Team and supervises the Deputy Chief Investment Officer.

Learn more and apply here. 

Teachers' Retirement System of Louisiana
The Teachers' Retirement System of Louisiana (TRSL or the System) is searching for their next Investment Director of Public Markets. This role is based in Baton Rouge. TRSL is the largest public retirement system in the state serving an active and retired membership of over 180,000. The System is governed by a Board of Trustees whose primary responsibility is to manage and safeguard assets held in trust for the membership. As of June 30, 2022, the System's total assets under management were $24.5 billion.

The Investment Director of Public Markets reports to the Deputy Chief Investment Officer (DCIO) and has primary responsibility for developing and implementing a public markets investment program strategy within the goals established by the TRSL Investment Policy. This role will manage the activities of the external managers, including analysis and due diligence reviews, assisting in negotiating terms and conditions of agreements, furnishing appropriate reports on all investment activity, and attending meetings to present reports to the TRSL Board of Trustees Investment Committee. This role will also be responsible for providing expert consultation and advice to the Chief Investment Officer, Deputy Chief Investment Officer, Director, and Board Investment Committee.

To learn more about the Responsibilities and Preferred Qualifications please click here.

To apply please send your resume to Tamara at tamara.wesely@eflassociates.com.