Equity Portfolio Implementation Manager (Investment Manager, Public Employees' Retirement System)

Job Description and Duties Anticipated Interview Dates: We anticipate holding in-person interviews on an ongoing basis until the position is filled. We look forward to meeting with you! Our Global Public Equity (GPE) group is currently seeking an Investment Manager (IM) to lead the ongoing evolution and adaptation of the equity portfolio construction platform, management methodologies, day-to-day implementation of various investment strategies, and drive CalPERS' mission. This role includes but is not limited to: • Ensure assigned equity portfolio characteristics are aligned with the benchmark/model, including primary responsibility for specific portfolios and coverage responsibility and trade review for other portfolios. • Contribute to evaluating and delivering effective strategies for investment, in terms of theory and implementation. Oversee and analyze corporate actions, including tender offers, initial public offerings/secondary offerings, and voluntary dividend treatment. • Drive the GPE Portfolio Construction team's efforts to innovate and improve the technologies, methodologies, and workflows that further the development of an efficient, risk-controlled, and scalable institutional equity management capability. 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: CalPERS does not participate in E-verify for employment authorization purposes. This position will run until filled with cutoff dates for review. The first cutoff date is November 11, 2026 followed by every Wednesday until filled. How did you hear about this position? Tell us in this brief survey. You will find additional information about the job in the Duty Statement. Special Requirements Minimum Qualifications All experience and education relating to the Minimum Qualifications (MQs) listed on the Classification Specification should be included in your application package to clearly demonstrate how you meet the MQs for this position. The Classification Specification is located on this Job Posting under "Minimum Requirements." Please Note: You may need to pass an examination to establish list eligibility prior to any type of job offer. To find and take an exam, visit the CalHR’s CalCareers website. Career Services & Outreach Need help with your state application, resume, Statement of Qualifications, or interview preparation? The CalPERS Career Services & Outreach (CSO) team provides comprehensive support throughout the CalPERS hiring process. Our services include one-on-one online consultations for application assistance, Statement of Qualification review, and interview preparation. To schedule an appointment and receive personalized guidance from our team, please use the following link: CalPERS Career Services Consultations. Desirable Qualifications In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate: • Working knowledge of systematic portfolio management methods and techniques, as well as proficiency in the Microsoft application suite, portfolio construction platforms, and order management systems. • Be flexible in adapting to changes in priorities, assignments, and other interruptions which may impact pre-established timelines and courses of action. • Current knowledge of risk management and data handling methods. • Demonstrated ability to develop and maintain collaborative, professional relationships with internal and external partners. • A comfort and appreciation for operating in a team and consensus drive environment is a key aspect underlying success in the CalPERS environment.