Investment Officer (Real Assets)

Investment Officer (Real Assets)

Salary

$145,890.00 - $226,129.00 Annually

Location

2223 E. Wellington Ave. Suite #100 Santa Ana, CA

Job Type

Full-Time

Job Number

8023MR-0526-157(O)

Department

Orange County Employees Retirement System

Opening Date

05/15/2026

• Description
• Benefits
• Questions

CAREER DESCRIPTION

INVESTMENT OFFICER (REAL ASSETS)

Open to the Public

Applications will be accepted on a continuous basis until the needs of OCERS have been met. Interested applicants are encouraged to apply immediately.

OCERS' Investments Team is eligible to participate in an annual Incentive Compensation Program upon the successful completion of the program requirements. OCERS offers an additional 5.5% certification pay for staff with the Chartered Financial Analyst (CFA) designation.

OCERS offers a competitive benefits package, a defined benefit pension plan which has reciprocity with the Public Employees Retirement System (PERS), and a deferred compensation 457 plan. OCERS offers up to an annual $10,000 Educational and Professional Reimbursement, a $3,500 taxable optional benefit plan, annual leave, and a flexible/hybrid work schedule.

DESCRIPTION

The Orange County Employees Retirement System (OCERS) invites you to join our team! We are now accepting on-line applications to fill the position of Investment Officer (Real Assets).

WHO WE ARE

Established in 1945, the Orange County Employees Retirement System (OCERS) provides retirement, death, disability, and cost-of-living benefits to retirees of the County of Orange and certain County districts. Serving approximately 55,000 members, OCERS is governed by a ten-member Board of Retirement that is responsible for managing a $28 billion dollar fund. For more information about OCERS, please click here.

Mission

OCERS mission is to provide secure retirement and disability benefits with the highest standards of excellence.

Vision

OCERS vision is to be a trusted partner providing premier pension administration, distinguished by consistent, quality member experiences and prudent financial stewardship.

Values

• Open and Transparent
• Commitment to Superior Service
• Engaged and Dedicated Workforce
• Reliable and Accurate
• Secure and Sustainable

THE OPPORTUNITY

The Investment Officer (IO) is an investment professional responsible for supporting asset class strategy and execution through rigorous research, analysis, and portfolio monitoring.

Reporting to the Managing Director and working closely with the Senior Investment Officer, the IO contributes to manager evaluation, due diligence, and portfolio analytics. This role is designed as a key development position, building the skills and experience required to progress to more senior investment responsibilities over time.

The IO will also support the organization's transition toward a data- and technology-enabled investment platform, utilizing analytical tools and systems to enhance investment processes and insights.

SCOPE AND IMPACT

• Supports a single asset class through research, analysis, and execution.
• Conducts due diligence and monitoring of less complex managers and investment opportunities.
• Contributes to portfolio analytics, reporting, and performance evaluation.
• Works under the guidance of the Managing Director and Senior Investment Officer.
• Builds technical and investment expertise over time.

KEY RESPONSIBILITIES

Investment Research & Analysis

• Conduct market research and analysis to support asset class strategy.
• Identify and evaluate investment opportunities and managers.
• Gather and synthesize data from multiple sources to support decision-making.

Due Diligence Support

• Conduct and support due diligence processes for investment managers and opportunities.
• Analyze manager performance, strategy, and organizational characteristics.
• Prepare investment memoranda and supporting materials.

Portfolio Monitoring & Reporting

• Track performance, exposures, and key metrics within the asset class.
• Assist in performance attribution and benchmarking analysis.
• Prepare reports and dashboards for internal and Board use.

AI Tools & Process Support

• Utilize data systems, analytical tools, and emerging technologies to support investment processes.
• Assist in validating and maintaining databases, models, and reporting tools.
• Contribute to AI and tech-enabled process improvements and workflow efficiency.

Team Collaboration & Development

• Collaborate with the Senior Investment Officer and Managing Director on investment projects.
• Collaborate with internal and external investment professionals of all levels.
• Mentor Analysts in asset classes and investment markets subject matters.
• Participate in meetings with managers and industry participants.
• Continuously develop investment knowledge and technical skills.

QUALIFICATIONS

Experience

• 5-10+ years of relevant experience in investment management or related field.
• Foundational understanding of capital markets and asset class dynamics.
• Strong analytical and quantitative skills.
• Experience with financial modeling or data analysis preferred.

Education & Credentials

• Bachelor's degree required.
• Progress toward CFA, CAIA, or similar designation preferred.

Please click here for details on this classification.

CORE COMPETENCIES

• Strong analytical and research skills.
• Attention to detail and intellectual curiosity.
• Ability to learn quickly and take direction.
• Effective written and verbal communication.
• Interest in data, analytics, and technology in investing.

WHY THIS ROLE

• Opportunity to build a career in institutional investing within a sophisticated platform.
• Exposure to advanced asset class strategy, manager selection, and portfolio construction practices.
• Mentorship from experienced investment professionals.
• Development within a technology-forward, innovation-driven organization.

PHYSICAL, MENTAL, AND ENVIRONMENTAL CONDITIONS

The following is a description of the physical and mental abilities that are customarily required to perform the essential job functions of this position.

Physical and Mental Demands

• Ability to communicate clearly and understandably in person and over the telephone, both one-on-one and in small groups
• Ability to operate a telephone, keyboard, computer, and calculator
• Ability to interact professionally with members of the Investment Committee, employers, peers, and consultants
• Ability to access a standard office environment
• Ability to sit for prolonged periods of time

Environmental Conditions

• The primary workplace is in an office environment, working with standard office equipment
• Peripheral office equipment generates a quiet to moderate noise level
• Operates in an environment that includes elected officials, non-elected officials, government agencies, community interest groups, and the general public in the development and coordination of OCERS affairs
• Out of area travel may be required to attend professional conferences, due diligence, and meetings

COMPENSATION, INCENTIVE, & CERTIFICATION PAY

Compensation will be determined based on the experience level, credentials, and personal characteristics of the candidate. OCERS' Investments Team is eligible to participate in an annual Incentive Compensation Program upon the successful completion of the program requirements. OCERS offers an additional 5.5% certification pay for staff with the Chartered Financial Analyst (CFA) designation.

For additional information and details about OCERS Incentive Compensation Policy, please click here.

ADDITIONAL INFORMATION

This is an at-will position. The role requires periodic travel for investment due diligence, industry engagement, and conferences.

BENEFITS

OCERS offers a competitive benefits package that includes a choice of several health plans, annual leave, and paid holidays. Additionally, OCERS has a defined benefit pension plan which has reciprocity with the Public Employees Retirement System (PERS) and a deferred compensation 457 plan. OCERS offers up to an annual $10,000 Educational and Professional Reimbursement, a $3,500 taxable optional benefit plan, and a flexible/hybrid work schedule.

RECRUITMENT PROCEDURE

OCERS' Human Resources Department will screen all applications and supplemental responses to identify 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.

Applications Appraisal Panel (AAP) | Application Rating (Refer/Non-Refer)

A panel of job knowledge experts will screen and evaluate all application materials for job knowledge, competencies, and related education and experience as described above. Please be thorough in your responses to supplemental questions as each will be evaluated and rated accordingly. Additionally, please be thorough in aligning your education and work experience to the competencies and qualifications listed in this bulletin. Clarity of expression, grammar, spelling and ability to follow instructions will also be considered in the evaluation. This is a competitive process and only the more qualified candidates will be referred to the next step.

Qualifications Appraisal Panel | Oral Interview

Candidates will be interviewed and rated by a panel of job knowledge experts. Each candidates rating will be based on responses to a series of structured questions designed to elicit the candidates 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.

HOW TO APPLY

Only on-line applications with the completed supplemental questions and a resume attached to the application 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 OCERS website: https://www.ocers.org/careers-ocers

For specific information pertaining to this recruitment please contact John Nguyen at (714) 569-4855 or email jtnguyen@ocers.org. Do not submit resumes to this email address as they will not be considered in lieu of the required application process.

ADDITIONAL INFORMATION

EMAIL NOTIFICATION

Email is the primary form of notification during the recruitment process. Please ensure your correct email address is included in our application and use only one email account.

NOTE: User accounts are established for one person only and should not be shared with another person. Multiple applications with multiple users may jeopardize your status in the recruitment process for any positions for which you apply.

Candidates will be notified regarding their status as the recruitment proceeds via email through the GovernmentJobs.com site. Please check your email folders, including spam/junk folders, and/or accept emails ending with "governmentjobs.com" and "ocgov.com." If your email address should change, please update your profile at www.governmentjobs.com.

FREQUENTLY ASKED QUESTIONS

Click here for additional Frequently Asked Questions.

EEO INFORMATION

OCERS, as an Equal Employment Opportunity employer, encourages applicants from diverse backgrounds to apply.

Administrative Management Benefits

Administrative Management employees enjoy a comprehensive selection of enhanced benefits, including:

• Retirement: Participation in the Orange County Employees Retirement System (OCERS), a defined benefit pension plan. Learn more about OCERS plans and pension benefits here: OCERS Active Member Information.

• Optional Benefit Plan (OBP): An annual amount of $3,500, which may be received in the form of lump sum payment (taxable) or other available benefit choices.

• Paid Leave

• 12 paid holidays per year

• Accrued annual leave

• Health & Dependent Care Reimbursement Accounts: Flexible spending accounts to help cover eligible medical and dependent care expenses with pre-tax dollars.

• Dental Insurance: Provided to team members and eligible dependents at no cost.

• Life and Accidental Death & Dismemberment (AD&D) Insurance: $100,000 AD&D coverage, with the option to purchase additional coverage including dependent coverage.

• Disability Insurance: Short-term and long-term disability insurance programs are provided at no cost to employees.

• 457 Defined Contribution Program: Voluntary retirement savings program with tax-deferred contributions.

• Tuition Reimbursement: Up to $10,000 maximum annually.

For a complete overview of our benefits, please visit the OCERS Benefits Page.

01

Thank you for your interest in the Investment Officer (Real Assets) position. You are required to provide full and complete responses to the supplemental questions. Your completed responses to these supplemental questions will be evaluated to determine your qualifications and must be completed properly in order to be given full consideration for the next phase in the selection process. Supplemental questions are designed to help you present your qualifications for this position and will be rated based on the information that you supply. Please provide succinct, concise, descriptive, and detailed information and highlight all of the areas in which you have developed expertise, matching your professional experience with the specific qualifications and abilities for each question. Resumes will not be accepted in lieu of completing the supplemental questions. By selecting yes below, you acknowledge that you have read and understood the requirements of this application.

• Yes
• No

02

Select the response that best describes your highest level of completed education (please be sure to attach a copy of your degree to this application, or you may email a copy to jtnguyen@ocers.org)

• None of the above
• Some credits from an accredited college/university
• Associates Degree or higher from an accredited college/university
• Bachelors Degree or higher from an accredited college/university
• Masters Degree or higher from an accredited college/university

03

Select the response that best describes your professional investment experience.

• Less than 2 years of professional investment experience
• 2-3 years of professional investment experience
• 4-6 years of professional investment experience
• 7-10 years of professional investment experience
• More than 10 years of professional investment experience

04

Are you a Chartered Financial Analyst (CFA) candidate? If so, please specify your current level.

05

If you have ever written a relevant field review or due diligence report on an investment company, money manager, or mutual fund, please attach a work sample to this application, or you may email a copy to jtnguyen@ocers.org.

• I have included my work samples as an attachment to this application.
• I have emailed a copy of my work samples to jtnguyen@ocers.org.
• I do not have a work sample to include with my application.

06

A resume is required for this recruitment. Please attach your resume to the application or email it to jtnguyen@ocers.org. Please acknowledge that you will provide your resume. Applications submitted without a resume will not be considered.

• Yes
• No

07

As a public agency committed to transparency and ethical conduct, OCERS requires candidates to disclose any outside business activities. Are you currently engaged in any outside business activities? (Select one)

• Yes
• No

08

If you answered "Yes" to the above question, please provide a brief description of the outside business activity, including the nature of the business and your role or involvement.

09

I certify that all statements made in this Supplemental Questionnaire are true and complete to the best of my knowledge. I understand that any false statement(s) of materials facts or omissions may subject me to disqualification.

• Yes
• No

Required Question

Employer County of Orange

Address 400 W CIVIC CENTER DRIVE

Santa Ana, California, 92701

Phone 714-834-2555

Website https://hrs.oc.gov