Report

Finance Analyst III, LACERA (Portfolio Analytics)

Salary

$192k - $291k

Min Experience

4 years

Location

Pasadena, California, United States

JobType

full-time

About the job

Info This job is sourced from a job board

Overview

About the role

About the Department

This examination will remain open until LACERA’s hiring needs are met and is subject to closure without prior notice.

EXAMINATION INFORMATION: Examination Number 9-0769-AC, Job Bulletin Number 26-09

TYPE OF RECRUITMENT: Open Competitive Job Opportunity

APPLICATION FILING PERIOD: Online applications will be accepted starting April 23, 2026. This examination will remain open until LACERA’s hiring needs are met and is subject to closure without prior notice.

COMPENSATION: $16,021.73 - $24,250.13 Monthly. This position is subject to the provisions of LACERA’s Management Appraisal and Performance Plan (MAPP). A 4.5% salary increase is approved effective January 1, 2026.

ABOUT LACERA

The Los Angeles County Employees Retirement Association (LACERA) administers and manages the $91 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 ethnicity - all contributing to the greater welfare of Los Angeles County.

LACERA is located in Gateway Plaza at 300 North Lake Avenue in the beautiful City of Pasadena. The building is easily accessible from the Foothill Freeway (210) and the Metro Lake Station. We offer convenient free parking for staff members in our secure structure adjacent to the building in addition to a robust rideshare program providing commuting alternatives such as ride-matching, vanpool, carpool, parking services and more. Prioritizing health, well-being, and sustainability, Gateway Plaza is a Class “A” office building, LEED Gold Certified and EPA Energy Star Certified. With a Walkability Score of 91, LACERA staff members are able to easily enjoy the approximately 150 shops, food, and dining options that make up the popular South Lake Avenue District.

Our members dedicate their careers contributing to the welfare of Los Angeles County. For their service, the County contributes to their promised benefits, and LACERA is dedicating to serving them in return throughout their career and their life afterwards.

Our Core Values: I ACT (Integrity, Inclusivity, Innovation, Accountability, Collaboration, and Transparency), serve as our cultural guide and foundation in meeting our mission. As a member-focused government agency, we abide by our core values to ensure the public's trust, operate efficiently and cost effectively, and provide our members their promised benefits.

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 (Performance and 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 Master Trust. PA is also responsible for the investment oversight of the OPEB Master Trust, cash management, securities lending, and cash overlay programs for both Funds. The position is needed to help implement and monitor fund-wide initiatives across multiple asset categories as well as the OPEB Master Trust.

VACANCY INFORMATION

The current vacancy is in the Portfolio Analytics section of the Investments Office. The resulting eligible register for this examination may be used to fill current and future vacancies, as they occur.

The Finance Analyst III position is an exempt position as defined by the Fair Labor Standards Act and is not eligible for overtime.

Certification Bonus: Any permanent, full-time employee working in this classification possessing a valid Chartered Financial Analyst (CFA) certification from the CFA Institute is entitled to a Certification Bonus equal to two (2) salary schedules (approximately 5.5%) as provided by the Los Angeles County Step Pay Plan.

Work Schedule: This full-time temporary position is required to work a 5/40 schedule (e.g.an eight (8) hour day, Monday through Friday) for at least the first twelve (12) months of employment. The Investment Office currently works a hybrid work model with all staff members in the office two (2) days per week (generally Monday and Wednesday) and the first Tuesday and third Thursday of every month, and as organizational needs warrant. LACERA may revise the hybrid work model at its discretion, as circumstances warrant.

Position Duties

To view the complete job description for this classification, please see link below:

Finance Analyst III, LACERA

*This classification specification is currently under review to determine whether a driver's license is needed to carry out the job-related essential job functions.

Minimum Qualifications

TRAINING AND EXPERIENCE:

A Bachelor's degree from an accredited college or university in Finance, Economics, Business Administration or a related field -AND- Four (4) years' responsible investment management experience assisting in the continuing supervision and review of an extensive investment program for a large financial institution or governmental agency. An additional two (2) years of the required experience may be substituted for a college degree.

-OR-

A Master's Degree in Business Administration or a related field and two (2) years' responsible investment management experience assisting in the continuing supervision and review of an extensive investment program for a large financial institution or governmental agency.

-OR-

Two (2) years' experience at the level of Los Angeles County's position of Finance Analyst II, LACERA.

OTHER REQUIREMENTS:

Applicants must be able to perform the essential functions of this classification, with or without reasonable accommodation.

PHYSICAL CLASS II Light:

Light physical effort which may include occasional light lifting to a 10-pound limit, and some bending, stooping or squatting. Considerable walking may be involved.

Other Qualifications

Desirable Qualifications

The ideal candidate will meet the position’s requirements and possess the following 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.

To receive credit for the above desirable qualifications, your application must clearly describe your experience.

Knowledge of: Legal and economic terms and structures in private market 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; attention to detail; demonstrate decision making abilities; exhibit Leadership; and demonstrate teamwork, collaborating with others to achieve shared goals.

EXAMINATION CONTENT

The examination process will consist of an evaluation of Training and Experience based on application information and supplemental questionnaire, weighted at 100%.

APPLICANTS MUST MEET THE MINIMUM REQUIREMENTS AND ACHIEVE A PASSING SCORE OF 70 OR HIGHER ON THE WEIGHTED PORTION OF THE EXAMINATION IN ORDER TO BE PLACED ON THE ELIGIBLE REGISTER.

Passing this examination and being placed on the eligible register does not guarantee an offer of employment. Candidates who are determined eligible for hire under the Los Angeles County's Civil Services Rules may be invited to the selection process which may be comprised of a selection interview and/or job-related assessments.

EXAMINATION NOTIFICATIONS

All notifications including invitation letters will be sent electronically to the email address provided on the application. It is important that you provide a valid email address. Please add tluong@lacera.gov, lalvarez-nunez@lacera.gov, info@governmentjobs.com, to your email address and list of approved senders to prevent email notifications from being filtered as spam/junk/clutter mail. Test scores/results cannot be given over the telephone. LACERA will not consider claims of not seeing or receiving the email notification to the email address provided on the official application to be a valid reason for late examination administration or rescheduling of an examination component.

DO NOT select "Off" under Email Preferences within your profile or click "Unsubscribe" on our notices if you would like LACERA to notify you regarding your application status, test schedules, and other important information pertaining to your candidacy for this position. Please note if you opt out of receiving emails, you can visit governmentjobs.com, log into your profile and check your inbox. The inbox retains a copy of all emails sent, for your records. To ensure that our emails are not filtered into your “junk” or “bulk” folder, please add governmentjobs.com and lacera.gov to your list of trusted senders.

Applicants can check the status of their application at any time by logging into their account on www.governmentjobs.com

ELIGIBLE INFORMATION

The names of candidates receiving a passing grade will be placed on the eligible register in the order of their score group for a period of twelve (12) months following the date of promulgation.

Note: We may use an alternate banding method in line with Civil Service Rule 11.01(D).

APPLICATION AND FILING INFORMATION

Applications must be submitted online. Your online application MUST include the following attachments during the submission of your online application:

A cover letter with your contact information, telephone number, and email address.
A resume detailing your education, work experience and qualifications.
Copy of your Degree or Official/Unofficial Transcripts, if applicable, as specified in the Education Information section of this bulletin.

Failure to submit a complete application package including the required attachments listed above and fully completed work history and responses to supplemental questions may result in your application being rejected as incomplete and removed from consideration.

Applications submitted with incomplete or partially complete work history and responses to supplemental questions will be deemed incomplete and may be rejected. Responses indicating "See application", "See resume", or copy and paste of general work experience is not a sufficient or qualifying response. Resumes will not be accepted in lieu of the completed application or supplemental questionnaire. The acceptance of an employment application depends upon whether or not an applicant has provided adequate information that clearly demonstrates meeting the Minimum Requirements for the position as stated in the bulletin. Information provided in the supplemental questionnaire must be reflected on the application to be considered. Failure to provide complete information on the employment application and on the supplemental questionnaire will impact the assessment of an applicant's qualifications and acceptance in the selection process.

Education: In the space provided for education, include the names and addresses of schools attended, and number of credits, degree, and/or certificate(s) earned. In order to receive credit for any college course work, or college degree, such as an Associate, Bachelor, Master, Doctorate degree, or for completion of a certificate program, you must include a legible copy of the official diploma, official and/or unofficial transcripts, or an official letter from the accredited institution which shows the area of specialization or official certificate(s) at the time of filing or within five (5) business days from application submission date. Failure to provide the appropriate documentation may result in your application being rejected as incomplete and will be removed from consideration.

Work Experience: Your employment history should be listed in order beginning with the most recent. For each job held, provide the name and address of your employer, your job titles, beginning and ending dates, description of work performed, salary earned, and reason for leaving. If you have worked in more than one position for one employer, please list each job title and/or area of assignment separately to demonstrate your experience in various assignments/occupational areas. Part-time experience will be evaluated on the basis of its fractional equivalent of a 40- hour workweek. All required experience must be paid.

TO APPLY ONLINE GO TO: www.lacera.gov and click on the Careers link or apply directly through LACERA’s job opportunities. Faxed, emailed, or hardcopy (paper) applications will not be accepted.

Computer and Internet Access at Public Libraries: For candidates who may not have regular access to a computer or the Internet, applications can be completed on computers at public libraries throughout Los Angeles County. In addition, computers are available in the 7th Floor Lunchroom during regular business hours.

IMPORTANT NOTE: Please note that all information included in the application materials is subject to verification at any point during the examination and hiring process, including after an appointment has been made. Falsification of any information may result in disqualification or rescission of appointment. Utilizing verbiage from the Classification Specification, Selection Requirements, and/or Desirable Qualifications serving as your description of duties or in the supplemental questions will not be sufficient to demonstrate that you meet the requirements. Doing so may result in your application being incomplete and you may be disqualified. Applications may be rejected at any stage of the examination process.

SPECIAL INFORMATION:
Anti-Racism, Diversity, and Inclusion (ARDI) -LACERA recognizes and affirms that all people are created equal and are entitled to all rights afforded by the Constitution of the United States. LACERA is committed to promoting Anti-racism, Diversity, and Inclusion efforts to address the inequalities and disparities amongst race. We support the ARDI Strategic Plan and its goals by improving equality, diversity, and inclusion in recruitment, selection, and employment practices.

Requests for accommodation: humanresources@lacera.gov
Teletype Telephone: (800) 899-4099
Department Contact Name: Tila Luong at tluong@lacera.gov or Lucy Alvarez-Nunez at lalvarez-nunez@lacera.gov

About the company

Administers retirement and healthcare benefits for Los Angeles County employees.

Skills

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Teams