The San Francisco Employees’ Retirement System (SFERS), a $24 billion public defined benefit pension trust, currently seeks qualified candidates for the position of Investment Analyst to assist in the management of SFERS’ Environmental, Social, and Governance (ESG) programs. Under direction, analyzes and monitors ESG trends and issues affecting capital markets, specific industries, and individual companies. Conducts independent research on ESG and corporate governance policies, assists in due diligence of external managers, and monitors ongoing ESG performance of the SFERS portfolio. Assists in researching, preparing for, and conducting proxy voting and shareholder engagement activities. Submits reports and recommendations to superiors for actions, assists in annual reporting process, and performs related duties as required.
Essential functions of this position include, but are not limited to:
Assist in analyzing ESG risks and opportunities that may affect the SFERS portfolio.
Prepare reports on emerging ESG-related regulation, public policy, and other trends in the market related to ESG investing.
Perform regular ESG due diligence on existing contract investment managers.
Provide ESG analysis and written reports to support investment recommendations and performance reports.
Assist in securing relevant quantitative data and information on ESG subject matter.
Assist in executing proxy votes according to voting guidelines.
Assist in periodic assessment and reporting of cross organizational ESG activities.
Possession of a baccalaureate degree from an accredited college or university, with major coursework in economics, business, finance, banking or closely related field; AND
Three (3) years of relevant investment experience with a major financial institution, consulting organization, pension fund, endowment or foundation including experience monitoring and measuring performance within institutional portfolios and the capital markets; developing quantitative applications to analyze and monitor public and/or private investments including the qualitative skills for assessment and recommendations; AND
Computer proficiency including Windows-based software for database management, word processing, spreadsheets and investment-related software such as Bloomberg, Morningstar, Albourne, Barra, Risk Metrics, StyleAdvisor, StyleResearch, Mercer, and Wilshire.
Possession of a Graduate Degree in Business Administration, Public Administration, Economics, Environmental Management or related field may substitute minimum qualifications #1.
Possession of Chartered Financial Analyst (CFA) or Chartered Alternative Investment Analyst (CAIA) designation and a baccalaureate degree in a different field may substitute minimum qualifications #1.
One additional year of relevant investment experience as described above under minimum qualifications #2 and a baccalaureate degree in a different field may substitute for minimum qualifications #1.
Possession of a Graduate Degree in Business Administration, Public Administration, Economics, Environmental Management or related field.
Possession or in the process of completing a Certified Public Accountant license, the Chartered Financial Analyst program and/or a Chartered Alternative Investment Analyst program.
Three (3) years of experience in conducting fundamental ESG research, evaluating ESG performance of external investment managers in public equity, fixed income, or private market strategies.
Computer proficiency including Windows-based software for database management, word processing, spreadsheets (Excel), and investment-related software such as MSCI ESG Manager, Sustainalyitcs, and S&P Trucost.
Proficiency in one or more computer programming languages, such as Python, SQL, Java, or R.
Five (5) years of relevant investment experience as described under minimum qualifications #2.
Internal Number: 4331
About San Francisco Employees' Retirement System
Established in 1922, the San Francisco Employees’ Retirement System (“SFERS”) is dedicated to securing, protecting and prudently investing pension trust (the “Trust”) assets and administering a defined benefit pension fund for eligible members of the City and County of San Francisco (the “City”), San Francisco Unified School District, City College of San Francisco, and the Superior Court for the County of San Francisco. SFERS’ Retirement Board (the “Retirement Board”) and investment team oversee the management of roughly $20 billion in Trust assets in global public equities, fixed income and alternative investments.
The San Francisco Employees’ Retirement System is dedicated to securing, protecting and prudently investing the pension trust assets, administering mandated benefits programs, and providing promised benefits to the active and retired members of the City and County of San Francisco.