Finance Analyst I

Assists in analyzing and developing recommendations in the administration and management of the Los Angeles County Employees Retirement Association (LACERA) investment portfolio.

Positions allocable to this classification work under the technical and administrative supervision of a Senior Investment Officer, LACERA. Incumbents in these assignments assist in the administration and management of an asset class of LACERA's investment portfolio, such as:Real Estate; Fixed Income; Equities; or Alternative Assets. Depending upon the asset class to which the incumbent is assigned, the work involves evaluating and monitoring current contract investment management companies performance, assisting in the preparation of Requests for Proposals (RFP's), conducting site inspections of the less complex LACERA owned property, assisting in preparing reports to the Board of Investments, assisting in the development of the budget for the section and for contract management companies, maintaining a database of investments.

Assists in monitoring outside asset managers for contract compliance, investment performance, and conformance with fiduciary standards.

Assists in monitoring specialized investment-related programs such as commission dollar generation, balances and disbursements; transactional cost analyses; asset allocation and manager optimization status.

Assists in the review of specialized reports from real estate and property managers, limited partnerships and other specialized investment arenas.

Assists in the monitoring of lending and cash collateral re-investment activities of domestic and foreign securities lending programs to ensure compliance with collateral level requirements and investment policies and guidelines.

Assists in the preparation of quarterly performance report for domestic and international equity and fixed income investment managers.

Assists with administrative and operational aspects of LACERA's Member Home Loan Program.

Assists in the preparation of and negotiation of investment related contracts; prepares analysis of manager fee schedules.

Acts as liaison between custodian banks, investment management firms and the brokerage community.

Effects fund transfers to satisfy capital commitments to investment managers and other investment related parties, as directed.

Performs specialized research in various areas of corporate governance, investment management, asset allocation, securities positions, capital markets, and prepares detailed reports for submission to the Board of Investments and department management.

Assists in the review and development of recommendations for the addition or enhancement of investment related data processing services; analyzes outside data sources for value to the investment operation such as bond rating services, stock and bond pricing services, and market quotation services.

Assists in monitoring capital markets and maintaining knowledge of current market trends, values, and practices.

TRAINING AND EXPERIENCE:

A Bachelor's degree from an accredited college or university in Finance, Economics, Business Management or a related field -AND- Two years' analytical experience in a financial environment such as banking, private investment fund management, public pension fund management, or real estate management at the corporate level -OR- Four years' analytical experience in a financial environment such as banking, private investment fund management, public pension fund management, or real estate management at the corporate level.

LICENSE:

A valid California Class C Driver License or the ability to utilize an alternative method of transportation when needed to carry out job-related essential functions.