Private Debt Investment Analyst

Equal Opportunity Employer The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation. Equal Opportunity Employer The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation. It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants. Position Details Job Code #: JC-520812 Position #(s): 275-650-4656-005 Working Title: Private Debt Investment Analyst Classification: INVESTMENT OFFICER I, PUBLIC EMPLOYEES' RETIREMENT SYSTEMS $4,365.00 - $8,290.00 This position is eligible for a Charter Financial Analyst (CFA) pay differential. 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. # of Positions: 1 Work Location: Sacramento County Telework: Hybrid Job Type: Permanent, Full Time Department Information California Public Employees’ Retirement System (CalPERS) is a global institutional investor and the nation’s largest public pension fund, with assets of approximately $658.81 billion as of August 26, 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. Job Description And Duties This position is being re-advertised. If you previously applied, your application is still being considered, and you do not need to reapply. Anticipated Interview Dates: We anticipate holding virtual interviews two to three weeks after the final filing date. We look forward to meeting with you! Our Private Debt (PD) team is currently seeking an Investment Officer I (IO I) to assist the PD team in the management of the CalPERS Private Debt and CLO portfolios. Duties Include But Are Not Limited To: Work with the PD team on evaluating the Collateralized Loan Obligation (CLO) market, the Private Debt market, and the managers. Collect, analyze, and summarize data from various sources to be used in analyzing historical and current performance, evaluating manager platforms, and market surveillance reports. Assist in monitoring the existing investments, including attribution analysis, use of leverage, and cash flow forecasting. Assist the team in coordinating Investment Committee and External Manager meetings. Help plan PD Investment Committee and External Manager presentations, calendars, and document minutes. Assist in reviewing capital call and distribution notices in the system. Help track external managers capital deployment and distributions. 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 the job advertisement do not reflect the 3 percent reduction in pay. 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 Statement of Qualifications Please provide a Statement of Qualifications (SOQ) for the hiring manager’s review. Applications received without an SOQ or those that do not respond to the specific questions below will not be considered. The SOQ must be typed, titled "Statement of Qualifications", and each question must be numbered and answered, listing all relevant experience, education, and training, including places of employment, dates, and duties performed. We ask that you not use Artificial Intelligence assistance when composing your written response. Written responses are an attempt to assess and gain an understanding of your personal writing and communication skills and abilities. Describe how your qualifications, competencies, and personal characteristics make you a strong candidate for the position. 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. #J-18808-Ljbffr CalPERS