What are the responsibilities and job description for the INVESTMENT OFFICER III, PUBLIC EMPLOYEES RETIREMENT SYSTEM position at Public Employees Retirement System?
Anticipated Interview Dates: We anticipate holding virtual interviews approximately one month after the final file date. We look forward to meeting with you!
Our Sustainable Investments (SI) team is currently seeking an Investment Officer III to play a central role in advancing CalPERS’ commitment to climate solutions across its private markets portfolio and drive our CalPERS mission.
Duties include, but are not limited to:
- Assist CalPERS' asset classes and support the underwriting process for energy transition-focused funds and/or climate solutions co-investments.
- Participate in the mapping of the private climate solutions investment landscape across relevant asset classes.
- Contributes to CalPERS climate and performance goals accountability and transparency efforts by supporting the tracking, measurement, and reporting of the private markets portfolio’s climate solutions exposure.
Telework Information: This position is eligible for a hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.
Sponsorship: This position is not eligible for visa sponsorship. Applicants must be authorized to work in the US without the need for a visa sponsorship now or in the future. CalPERS does not participate in E-Verify for employment authorization purposes.
Effective July 1, 2025, the California Department of Human Resources (CalHR) implemented the Personal Leave Program 2025 (PLP 2025). PLP 2025 directs that each employee shall receive a 3 percent reduction in pay in exchange for 5 hours of PLP 2025 leave credits, monthly. The salary range(s) included in the job advertisement do not reflect the 3 percent reduction in pay.
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You will find additional information about the job in the Duty Statement.
You will find the Minimum Requirements in the Class Specification.
- INVESTMENT OFFICER III, PUBLIC EMPLOYEES RETIREMENT SYSTEM
- Job Application Package Checklist
- Duty Statement
Job Code #:
JC-515728
Position #(s):
275-091-4695-004
Working Title:
Sustainable Investments Officer
Classification:
INVESTMENT OFFICER III, PUBLIC EMPLOYEES RETIREMENT SYSTEM
$10,681.00 - $12,738.00
This position is eligible for an annual incentive award and a Charter Financial Analyst (CFA) pay differential. The annual incentive opportunity is 0-20% of salary and is based on the level of achievement against several quantitative and qualitative measures. Permanent full-time employees who possess certification as a CFA may receive a 5% monthly base pay differential.
New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable.
This position is eligible for an annual incentive award and a Charter Financial Analyst (CFA) pay differential. The annual incentive opportunity is 0-20% of salary and is based on the level of achievement against several quantitative and qualitative measures. Permanent full-time employees who possess certification as a CFA may receive a 5% monthly base pay differential.
# of Positions:
1
Work Location:
Sacramento County
Telework:
Hybrid
Job Type:
Permanent, Full Time
California Public Employees’ Retirement System (CalPERS) is a global institutional investor and the nation’s largest public pension fund, with assets of approximately $622.30 billion as of May 1, 2026. Headquartered in downtown Sacramento, we are a destination employer with an international reputation for leadership and innovation. At CalPERS, we’re committed to people – the people we serve, our team members, and the larger community around us. CalPERS is situated near the Napa Valley, San Francisco, Lake Tahoe, and other desirable destinations, and we offer competitive benefit packages, compensation, and opportunities for advancement. Our people are deeply committed to our Mission & Vision and their decisions and actions are guided by our Investment Beliefs.
If you are interested in becoming part of a diverse and inclusive workforce where talent, experience, and expertise are valued, CalPERS invites you to apply for this employment opportunity. To find out more about our Diversity, Equity, and Inclusion efforts, visit our website!
To take a look at CalPERS as a destination employer, view this YouTube video.
If you are interested in becoming part of a diverse and inclusive workforce where talent, experience, and expertise are valued, CalPERS invites you to apply for this employment opportunity. To find out more about our Diversity, Equity, and Inclusion efforts, visit our website!
To take a look at CalPERS as a destination employer, view this YouTube video.