Monday, November 12, 2012

Retirement Plan Investment Analyst - Santa Ana, CA

Teresa Panameno. Company or Recruiter Name:
Orange County Employees Retirement System Phone Number:
714 569-4847 *Email: *Job Title:
Retirement Plan Investment Analyst Job Number:
*Job Location:
Santa Ana, CA Level/Salary Range:
$24.68 - $47.00 Hourly *Job Description
ORANGE COUNTY Department of Human Resources 333 W. Santa Ana Blvd, Santa Ana, CA 92701 INVITES APPLICATIONS FOR THE POSITION OF:
Retirement Plan Investment Analyst
SALARY $24.68 - $47.00 Hourly $1,974.40 - $3,760.00 Biweekly $4,277.87 - $8,146.67 Monthly $51,334.40 - $97,760.00 Annually
ISSUE DATE: 10/10/12

ARE YOU : Enthusiastic and Innovative? A Team Player? Results oriented? Highly Ethical? A Great Communicator? If so, the Orange County Employees Retirement System (OCERS) would like you to be part of a forward-focused team of leaders who are dedicated to improving the quality of life for residents and making a positive impact on the economic growth and prosperity of the region. If you have the skills and competencies to develop an empowered work force, work collaboratively with leaders and other members of the community, and possess the drive to make things happen - OCERS is the place for you.

This recruitment is being held to establish an Open Eligible List to fill vacancies in this class until the next recruitment. Applications will be accepted on a continuous basis until the needs of OCERS can be met. Please apply immediately as this recruitment may close at any time. The Retirement Plan Investment Analyst works directly for OCERS and is not employed by the County of Orange. Relocation
expenses are not provided. The primary objective of the OCERS Investment Department is to maximize investment returns within acceptable levels of risk through a broadly diversified investment portfolio. The ideal candidate will possess:
 Experience with pension fund investment and/or institutional investment
 A strong background in economics, accounting, or finance
 Excellent organizational and time management skills
 A hands-on approach and an ability to balance multiple priorities
 Superior quantitative and analytical skills
 A commitment to proactive compliance and risk management
 A strong and flexible work ethic General Duties: Under the general direction of the Chief Investment Officer (CIO) assists in the administration and review of investment programs of OCERS.
 Provide technical assistance to the CIO, in administering the long-term investment policy, strategy, and portfolio manager oversight
 Work closely with investment advisors and managers in the development and execution of investment strategies, and monitors compliance and risk associated with those activities
 Review portfolios to assess where managers/asset classes took risk and what generated returns earned
 Assist CIO in working with pension investment consultants to coordinate asset allocation studies and integrate results into the
long-term investment strategy
 Assist in the administration and review of OCERS investment program and monitor portfolios of marketable and non-marketable securities (real estate, timber, venture capital and other nontraditional investments) to assess and maintain current valuation in custodian statements
 Prepare reports and presentations communicating relevant information and recommendations regarding risk exposures and performance of the fund to senior management and the Board of Retirement
 Work with financial auditors, legislative and regulatory agencies to fulfill information requests
 Work collegially with other investment team members in a variety of projects, research and reporting activities

Education/Experience: Graduation from an accredited university or college with a Bachelor's Degree in Economics, Accounting, Finance, Business or a closely related field. and Three years related experience as defined below, or two years related experience as defined below with a Master's Degree from an accredited university or college in the fields previously cited. OR Five years of professional level investment management experience as defined below including experience evaluating and managing a sophisticated investment portfolio.

 Considerable knowledge of investment concepts, terminology, styles, models, and strategies, including portfolio theory, asset
allocation and performance measurement, and a solid understanding of capital markets
 Demonstrate skills in developing investment portfolios, which meet specific risk and return objectives, asset allocation optimization models, implementing those portfolios, monitoring the risk and performance, and recommending adjustments to meet the objectives
 Ability to analyze and evaluate risk and performance of various investment managers
 Extensive knowledge of statistical concepts, methods, and models, and their application to investments
 Considerable skills in conducting data searches and evaluation of large amounts of information, perform statistical analysis of the data, prepare concise and accurate reports, and present both written and oral recommendations
 Experience in the public sector or in a heavily regulated corporate environment will be viewed favorably
 Strong communication, organizational, and relationship building skills to coordinate work flow with stakeholder groups and various OCERS divisions
 Must be able to be hands-on in light of limited staffing
 Bachelor's degree in accounting, economics, finance, or a closely related field; working towards CFA certification and/or MBA preferred Expected Competencies:
 Integrity: Incumbent is honest and ethical
 Must possess strong analytical and communication skills
 Strong attention to detail is required
 Knowledge of institutional investments, preferably including alternative investment strategies and risk management
 Driven, highly motivated and results oriented
 Ability to organize and complete projects timely Note: Prior to employment with OCERS, a background investigation will be conducted, checking criminal and civil records, education and professional experience. Background investigations are part of the pre-employment selection process and are not a commitment to employment. Related Experience: Experience in a public agency, trust organization, investment banking firm, investment management or consulting firm with responsibility for the formulation and/or implementation of investment policy for substantial portfolios utilizing all or most major asset classes (e.g., stocks, bonds, real estate, international, and various alternatives).

THE IDEAL CANDIDATE WILL POSSESS EXPERIENCE IN BOTH RESEARCH AND INSTITUTIONAL PORTFOLIO MANAGEMENT OPERATIONS. Knowledge of: Principles and practices of institutional investment management; modern portfolio theory and application; institutional real estate and other nontraditional investment areas; institutional securities transaction principles and practices; analytical techniques and tools commonly utilized in the management of equity and fixed income portfolios; economic and market conditions and trends and their effect on short/long term investments; PC-based spreadsheet and graphic software. Ability to: Analyze market and financial conditions; evaluate complex investment transactions; maintain effective working relationships; understand and interpret laws, rules and regulations governing the investment of public funds; and interact with external service providers such as, actuarial and investment consultants and money managers; and utilize and coordinate the delivery of custodial services. WHAT DOES THE ORANGE

RETIREMENT SYSTEM (OCERS) DO? OCERS provides retirement, death, disability, and cost-of living benefits to employees of the County of Orange and certain County districts. OCERS is governed by a nine-member Board of Retirement that is responsible for managing a $9.5 billion dollar fund. OCERS provides retirement, death, disability, and cost-of living benefits to retirees of the County of Orange and certain County districts. For more information on OCERS, please visit our website at:

OCERS offers a competitive benefit package which includes a choice of several health plans, annual leave (includes paid vacation) and paid holidays. Additionally, the County has a retirement plan, which has reciprocity with the Public Employees Retirement System (PERS). Participation in a deferred compensation plan is also available. OCERS also offers $3,000 annual Educational and Professional Reimbursement.
OCERS is committed to providing a means for applicants who may have a disability to identify areas in which they may request a reasonable accommodation. The following is a description of the physical and mental abilities that are customarily required to perform the essential job functions of this position. Applicants are encouraged to contact the recruiter listed below for any questions or to request an accommodation during the testing/selection process. Physical and Mental Characteristics: Vision sufficient to read standard text, read a computer monitor and to drive; speak and hear well enough to communicate clearly and understandably in person, over the telephone and in small groups; independent body mobility to stand, sit, walk, stoop and bend to access a standard office environment; manual dexterity to use hands, arms and shoulders repetitively to operate a keyboard, to write and to drive.
Environmental Conditions: Incumbent will be required to interact with money managers and actuarial and investment consultants; work in a standard office environment, travel occasionally that could involve being away for up to 5 consecutive days.

Application Process: OCERS Human Resources Department screens all applications and supplemental information forms to identify the qualified candidates. Applications submitted without a completed supplemental information form will be disqualified from further consideration. After screening, the more qualified candidates will be referred to the next step in the recruitment process and notified of all further procedures applicable to their application status. Application Rating: (Refer/Non-Refer) Application materials will be rated by a panel of job knowledge experts for those qualifications most needed to perform the duties of the job. The more qualified candidates will be referred to the next step. All notifications regarding this recruitment will be sent via e-mail. Qualifications Appraisal Panel: (Weighted 100%) Candidates will be interviewed and rated by a panel of job knowledge experts. Each candidate's rating will be based on responses to a series of structured questions designed to elicit the candidate's qualifications for the job. Based on OCERS needs and the number of applications received, the selection procedures listed above may be modified and all affected candidates will be notified. ELIGIBLE LIST After all the test procedures have been completed OCERS Human Resources Department will establish an eligible list of up
to three categories of qualified candidates.

Only on-line applications with the completed supplemental questions will be accepted. E-mail is the primary form of notification during the recruitment process. Please ensure your correct e-mail address is on your application and only use one e-mail account. Your application should highlight all of the areas in which you have developed expertise, matching your professional experience with the specific qualifications listed above. It is recommended that you record or print your confirmation page, as this verifies receipt of your on-line application. You may apply on-line at the County of Orange Website: For specific information pertaining to this recruitment please contact Teresa PanameƱo at (714) 569-4847 or e-mail Do not submit resume to this email address as it will not be considered in lieu of the required application process (no agencies please).
Retirement Plan Investment Analyst Supplemental Questionnaire
Describe your practical experience in managing and monitoring the development of investment policy or manager selection for multi-million dollar portfolios.
Provide specific examples of when you were responsible for analyzing and monitoring for compliance for portfolios of marketable and non marketable securities.
Describe in detail your experience and expertise in working with spreadsheet and graphic software programs with reference to statistical calculations, performance measurement and comparisons, portfolio analytics and asset allocation.
* Required Question

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