Senior Investment Officer, LACERA (Real Assets)

The Senior Investment Officer position supervises the overall management of one of Los Angeles County Employees Retirement Association's (LACERA) 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. 

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.

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.
 
 LICENSE:
 A valid California Class C Driver License or the ability to utilize an alternative method of transportation when needed to carry out job-related essential functions.

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