Sustainable Investments Investment Officer

Job Description and Duties

Anticipated Interview Dates: We anticipate holding virtual interviews approximately 2-3 weeks after the final file date. We look forward to meeting with you!

Do you want to see how the nation's largest public pension fund invests across private equity, real estate, infrastructure, and private debt, all in one role? Do you like turning messy information into clear, well-documented analysis? Do you learn fast, ask good questions, and enjoy working with teams who each see the world a little differently? If so, keep reading.

Our Sustainable Investments team is seeking an Investment Officer I to help integrate sustainability into private markets investing.

Here's where you'll spend your time:

• Deal work: Partner with private asset class teams on sustainability due diligence across investment opportunities.
• Portfolio monitoring: Review sustainability KPIs, run analytics to spot trends and risks, and keep our tracking processes and systems audit-ready.
• Publishing: Help shape public disclosures, board and senior leadership presentations, and other publications so they're accurate, accessible, and ready for a public audience.
• Beyond the core: Contribute to energy transition and climate solutions investing, thematic research, and cross-team initiatives.

You'll get broad exposure across asset classes, meaningful responsibility early, and a team invested in your growth.

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 United States without the need for visa sponsorship. 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 this 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 .

Working Conditions

• Travel may be required to attend trainings and conferences.

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. If you are using education to meet MQs, please include your transcripts with your application package. If you have a degree from outside of the United States, you must submit an evaluation of this degree to determine the US equivalency. If you need an evaluation, you can visit the National Association of Credential Evaluation Services (NACES) website to find organizations that provide these services. 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 a final offer of employment. To find and take an exam, visit 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 booking 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:

• Experience with investment analysis or due diligence, ideally in private markets
• Working knowledge of sustainability frameworks and data (e.g., ISSB/SASB, TCFD, GHG Protocol, ILPA ESG DDQ)
• Strong analytical and Excel skills; able to turn data into clear, well-documented findings
• Excellent writing and attention to detail, including preparing materials for executive or public audiences
• Curious, coachable, and collaborative, with a track record of working across teams where you don't hold decision authority

Benefits

CalPERS team members are eligible for a number of benefits. Health benefits and leave programs are available for most team members. Benefit eligibility may depend on length of service and collective bargaining agreements.

Some added benefits CalPERS offers include:

• Alternate Work Schedules
• Flexible Work Hours
• Onsite childcare facility
• Onsite fitness center
• Onsite café and nearby restaurants
• Free onsite parking available Mondays and Fridays, subject to change
• Free offsite parking available with a shuttle service on Tuesdays, Wednesdays, and Thursday

For more details about employee benefits, visit the California Department of Human Resources website.

Additional Information

Live Scan
Candidates not currently employed at CalPERS are required to submit to a criminal history review process utilizing Live Scan fingerprinting.

CalPERS Disclosure Requirements
If employed, you may be subject to rules imposed by Personal Trading Regulations and Conflict of Interest Code that apply to CalPERS team members, which require disclosure of certain investment information and use of a designated trading platform for securities transactions, as well as filing a Statement of Economic Interest (Form 700)

Surety Bond
Must be able to qualify for a Surety Bond.

Please do not include any confidential information on any documents in your application package. Confidential information that should be excluded or removed from these documents include, but is not limited to, your social security number, date of birth, marital status, personal photos, a copy of your driver’s license, equal employment opportunity data, examination scores, and LEAP status.

Required Application Package Documents

The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

• Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
• Resume is optional. It may be included, but is not required.