Finance Analyst III, LACERA - Portfolio Analytics (Resume Canvass 25-02)

Finance Analyst III, LACERA - Portfolio Analytics

This is not a civil service examination. This announcement is for a Call for Resumes for the position of Finance Analyst III, LACERA - Portfolio Analytics. The Call for Resumes can be officially suspended at any time. First review deadline is 5 : 00 p.m., August 1, 2025. Resumes submitted after the first review date will be considered on an as needed basis. Annual Salary : $192,260.76 - $291,001.56

The Los Angeles County Employees Retirement Association (LACERA) administers and manages the $85 billion retirement fund for the County of Los Angeles. We provide retirement, disability, and death benefits to eligible County Employees and their Beneficiaries, and collect, deposit, invest, and manage retirement funds collected from the County, Outside Districts, and County Employees. LACERA is one of the largest county retirement associations in the United States with over 194,000 Members. Our Membership is comprised of individuals from a diverse range of careers, age groups, and ethnicities - all contributing to the greater welfare of Los Angeles County. LACERA also manages the $5 billion OPEB Master Trust whose purpose is to pre-fund OPEB Program medical, dental, and vision benefits for participating employers.

LACERA offers a comprehensive benefits package that includes medical and dental coverage, 401K Plan, 457 Plan, defined benefits pension plan, retirement healthcare benefits, tuition reimbursement program, paid holidays, and annual leave. ABOUT THE POSITION : The Finance Analyst III works under the general administrative and technical direction of a Senior Investment Officer, LACERA who has immediate responsibility assist in the management of an asset class of the Los Angeles County Employee Retirement Association (LACERA) investment portfolios, such as : Fixed Income; Real Estate; Equities; or Alternative Assets. Depending upon the asset class to which the incumbent is assigned, the work involves activities such as : assisting in the supervision of subordinate analyst staff and secretarial / clerical support staff, preparation of recommendations regarding investment policy, negotiating contracts for investment managers, and other investment related services, and implementing investment portfolio reallocations. In addition to the higher level more complex work, the positions in this classification are distinguished from the lower-level finance analyst classifications by their level of independence and direct responsibility making financial decisions which impact an asset class.

The Investments Division at LACERA encompasses a diverse array of asset classes, including Public Equities, Private Equity, Real Assets (Infrastructure and Natural Resources), Real Estate, Fixed Income, Hedge Funds, Credit, Direct Investments (Private Markets), Portfolio Analytics (Risk Management), and Corporate Governance Stewardship (Environmental, Social, and Governance). The Investment Division has a vacancy within the Portfolio Analytics ("PA") team. PA is responsible for total Fund risk management, performance measurement, compliance, operations, and reporting for both the Pension and OPEB Trust. PA is also responsible for the investment oversight of the OPEB Trust, cash management, and cash overlay programs for both total Funds. The position is needed to help implement and monitor fund-wide initiatives across multiple asset categories as well as the OPEB Master Trust.

DESIRABLE QUALIFICATIONS The ideal candidate will possess experience :

• Implementing investment management strategy and portfolio structure.
• Participating in asset class investment committees to help execute and implement strategic asset allocation.
• Conducting due diligence, negotiating terms, establishing investment guidelines, and structuring investments within a portfolio.
• Monitoring external investment managers to ensure performance and portfolio strategies adhere to investment mandates and contractual compliance.
• Producing and presenting recommendations for Investment Committees and Board approval on total fund decisions.
• Utilizing portfolio analytics tools to design and implement dashboards and reporting to enhance transparency, reporting accuracy, and real-time monitoring of investment attribution, risk, exposure, and performance.
• Preparing detailed reports and presentations for internal stakeholders, investment committees, and external auditors, ensuring clarity and compliance utilizing performance, analytics, and risk measurement software.
• Developing recommendations to enhance investment data processing services and evaluating external data sources for their operational value.
• Mentoring, developing, and training investment staff.

Knowledge of : Legal and economic terms and structures in Private Equity co-investments, secondaries, and fund investments; policies and procedures related to private equity, investment strategies and performance measurement; principals and applications of Microsoft applications including Word, Excel, PowerPoint, and Teams.

Ability to : Analyze and interpret data; think critically and strategically; be action and results focused; communicate effectively verbally and in writing; pay attention to detail; demonstrate decision making abilities; exhibit leadership; and demonstrate teamwork, collaborating with others to achieve shared goals.

HOW TO SUBMIT YOUR INTEREST... If you wish to be considered for this position, please submit your resume along with a cover letter of interest which details your experience in the following areas :

Resume and cover letter MUST be attached during the submission of your online application. Faxed, emailed, or hard copy resumes and cover letters will not be accepted. Application submissions without a resume AND cover letter may be disqualified from further consideration. To submit your interest online, go to governmentjobs.com or click directly here. Please contact Tila Luong, Human Resources Analyst at tluong@lacera.gov for any questions. LACERA is an Equal Opportunity Employer. This is not a Civil Service Examination.