Retirement Investment Analyst Level I/II

  • Sacramento County, CA
  • Sacramento, California
  • Jul 08, 2020
Administrative Analysis and Research
  • Salary: $70,073.28 - $100,244.88 Annually USD

Job Description

The Position

This is a continuous filing exam. Next filing cut-offs are at 5:00 pm on:
7/22/2020, 8/19/2020 (Final)

Level 1 - $
5839.44 - $ 7097.50 /month
Level 2 - $
6873.00 - $ 8353.74 /month

The Retirement Investment Analyst provides analytical, research and administrative support for the day-to-day management of the investment program of the Sacramento County Employees' Retirement System (SCERS); assists with the preparation of various financial and performance reports; and monitors investment managers and portfolios.
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Examples of Knowledge and Abilities

Knowledge of:
  • Investment management procedures and practices.
  • Principles of finance, statistics and administrative analysis.
  • Sources of data for analyzing market trends.
  • Principles and practices of research methods and report preparation.
  • Applicable investment laws, rules, regulations and professional standards.
  • Modern portfolio theory and application.
  • Economic and market conditions and trends and their effect on short and long term investment programs and strategies.
Ability to:
  • Perform financial and investment research and formulate effective financial management strategies.
  • Identify potential investment opportunities.
  • Understand, interpret and apply applicable investment laws, rules, and regulations.
  • Effectively evaluate investment manager contracts and investment transactions.
  • Prepare clear and concise technical reports.
  • Effectively use spreadsheets and databases for analysis and presentation of information.
  • Communicate clearly and effectively, both verbally and in writing.
  • Operate a variety of office equipment, such as computers, scanners, copiers, faxes, etc.

Employment Qualifications

Minimum Qualifications
A Bachelor's degree or higher from an accredited college or university in Business Administration, Accounting, Finance, Economics, Public Administration or other field directly related to the intent of the class.

Desirable Qualifications:
A Master's in Business Administration (MBA) or certification as a Chartered Financial Analyst (CFA) are desirable, but not required.

Note: If the minimum qualifications include an educational or certificate/license requirement, applicants must submit proof of requirements with the application. Failure to submit proof of requirements may result in disqualification from the examination. Unofficial transcripts are acceptable. For guidelines on submitting acceptable proof of educational requirements, please click here or speak to someone in our office before the cut-off date listed in this notice.

Criminal History and Background Check :
The County may access criminal history information on candidates who have accepted a conditional offer of appointment for this class consistent with the provisions of Board of Supervisors Resolution No. 82-602, Personnel Policies and Procedures B-5, California Government Code, Sections 1029 and 1031, and applicable federal and state laws. The County shall not consider for employment any candidate who has been convicted of a felony or misdemeanor that relates to or impacts the candidate's ability to perform the job duties of this class unless it is determined that mitigating circumstances exist. For purposes of search of local, state, and national fingerprint files and accessing criminal history information, the candidate will be fingerprinted. In addition, a classifiable set of the fingerprints shall be furnished to the Department of Justice and to the Federal Bureau of Investigation. A subsequent arrest notification may be obtained.

The County may also conduct a background check on the candidate prior to appointment to a position within this class. The background check may include personal and professional reference checks, credit history checks, Social Security Number verification, professional license/registration verification, military service information and driving history.
Information obtained in the course of this background check will be considered by the appointing authority in the selection process. In obtaining such information, the County will comply with applicable consent and disclosure practices in the Fair Credit Reporting Act and the California Investigative Consumer Reporting Agencies Act.

License Requirement :
Some positions may require possession of a valid California Driver's License, Class C or higher, prior to appointment to this class. Failure to maintain a valid license may constitute cause for personnel action in accordance with Civil Service Rule 11.4. Individuals who do not meet this requirement due to a physical disability will be reviewed on a case-by-case basis.

Probationary Period:
The probationary period for this classification is Six (6) months

Application and Testing Information


Qualified applicants are encouraged to apply immediately. All applicants must complete and submit an online County of Sacramento employment application by 5:00 PM on the posted cut-off date. Click here to apply.

County of Sacramento
Department of Personnel Services
Employment Services Division
700 H Street, Room 4667
Sacramento, CA 95814
Phone (916) 874-5593; 7-1-1 California Relay Service

Inter-Office Mail Code: 09-4667
  • Employment applications and all documentation requested in this announcement must be submitted by 5:00 p.m. on the cut-off date.
  • Employment Services is not responsible for any issues or delays caused by an applicant's computer or web browser. Applicants will be automatically logged out if they have not submitted their applications and all documentation prior to 5:00 p.m. on the cut-off date.
  • Your application should highlight all relevant education, training, and experience, and clearly indicate how you meet the minimum qualifications for the position as of the cut-off date.
  • Application information must be current, concise and related to the requirements in this job announcement. You may only apply for this recruitment once. Duplicate and incomplete applications will be disqualified.
  • A resume may be included with your application, however it will not substitute for the information requested on the application.


Applicants are required to provide a full and complete response to each supplemental question. The Supplemental Questionnaire is located in the tab marked "Supplemental Questions". Please be descriptive in your response.

Note: Responses of "See Resume" or "See Application", or copy and paste of work experience are not qualifying responses and will not be considered.
  • Supplemental Questionnaires must be submitted by 5:00 p.m. on the cut-off date. Employment Services is not responsible for any issues or delays caused by an applicant's computer or web browser. Applicants will be automatically logged out if they have not submitted their applications and all documentation prior to 5:00 p.m. on the cut-off date.
  • The supplemental questions are designed to elicit specific information regarding a candidate's experience, education, and training. Responses should be consistent with the information on your application and are subject to verification.
  • Please provide place of employment, pertinent dates, and concise, descriptive and detailed information for each question.
  • If a job included responsibilities applicable to several questions, separate the different functions of the job to answer all the questions completely.
  • Resumes or referral to the application or other questionnaire responses will not be accepted in lieu of completing each question.
  • If you have no experience, write "no experience" for the appropriate question.
  • For many individuals, it is more efficient to develop responses to the supplemental questions in a word processing document and then paste them into the final document to be submitted. Changes or corrections to your Supplemental Questionnaire cannot be made once your application packet has been submitted.
  • If the Supplemental Questionnaire is used in the Formula Rate exam, failure to complete all of the questions or incomplete responses will result in a lower score. While scoring the Supplemental Questionnaire, the candidate's application and/or attachments will not be reviewed , therefore, a candidate's responses to the questions should be accurate, thorough, detailed, and complete.


All candidates meeting the minimum qualifications by the cut-off date will have their Supplemental Questionnaire scored in the Formula Rate Examination.

This examination will evaluate the relevance, level, recency, progression and quality of candidate's education, training and experience. The candidate's application or other materials will not be included in this examination. Therefore, the candidate's responses to the supplemental questionnaire should be thorough, detailed and complete. The score from the Formula Rate Examination will determine the ranking on the eligible/employment list for this job.

All candidates competing in the testing process will receive written notice of their examination results by email. Notices can also be accessed in their inbox. Applicants achieving a passing score will be placed on the eligible list in rank order. The rank is determined by the test score attained from the examination.


Click here for Frequently Asked Questions (FAQ's)

For information regarding County jobs:
Closing Date/Time: 8/19/2020 5:00 PM Pacific

Job Address

Sacramento, California United States View Map