The CalSTRS Investments Branch is seeking an experienced individual to work as an Investment Officer I on the Corporate Governance (Sustainable Investment & Stewardship Strategies) team.
The Sustainable Investment & Stewardship Strategies (SISS) unit was established in 1978 to protect assets through good governance and operational accountability. Today the unit focuses on three primary strategies: managing a portfolio of sustainability-themed private market investments that are additive to the Total Fund; leading CalSTRS stewardship activities to create value through corporate engagement and proxy voting; and supporting strategic relationships with CalSTRS members and partners. The SISS unit also leads multiple efforts across the Investments Branch, including CalSTRS net zero portfolio emissions strategy, which includes managing climate-related risks, investing in climate solutions with attractive risk-return characteristics, and using CalSTRS influence to accelerate the transition to a more stable, net zero global economy.
Under the direction of the Associate Portfolio Manager, the Investment Officer I provides investment analysis to support stakeholder and policy engagement on a broad range of issues including sustainability, geopolitical, workforce, responsible contractor, and artificial intelligence (AI) in public and private market investments. Additionally, the incumbent provides support to the SISS team’s stewardship and proxy voting activities.
The ideal candidate will possess the following skills:
- Undergraduate degree preferred in economics, finance, accounting, business administration, political science or similar field
- Experience working in an investment environment
- Knowledge of proxy voting and stewardship within investments
- Excellent written and verbal communication skills
- Ability to work independently, exercising a high degree of initiative, independence and discretionary judgement
- Ability to research and analyze complex issues with strong attention to detail
- Ability to establish and maintain positive and professional working relationships
- Ability to analyze and communicate complex investment strategies and portfolio construction to stakeholders
An incumbent who possesses a professional certification as a Chartered Financial Analyst (CFA) may receive a 5% monthly base pay differential.
Every 12 months, based on performance evaluation, employees may receive a 5% salary increase until they reach the maximum salary for the position.
In July 2025, the State of California implemented the Personal Leave Program 2025. This program reduces employees’ monthly base pay in exchange for paid leave credits. This position is subject to PLP 2025 and will have a monthly base pay reduction of 3% in exchange for 5 hours of leave credits for the duration of the program. The salary ranges shown on this job posting do not reflect the reduced amounts.
Does this opportunity seem right for you? If so, see the Application Instructions section below and apply now.