PORTFOLIO MANAGER

Job Posting: Portfolio Manager

State Teachers' Retirement System

JC-528577*

Portfolio Manager

PORTFOLIO MANAGER $16,667.00 - $25,000.00 per Month

New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable.

Final Filing Date

9/20/2026

Application Methods

Electronic (Using your CalCareer Account) By Mail Drop-off Print Job Save Job ### Job Description and Duties

The starting salary for this position will be set competitively and commensurate with the candidate’s qualifications and experience.This position is eligible for incentive compensation and has a maximum incentive opportunity of 125% of base salary.

The CalSTRS Investments Branch is seeking an experienced individual to work as a Portfolio Manager (PM) in the Investments Services, Fixed Income Division.

The Fixed Income division is dedicated to maximizing risk-adjusted total return within a multi-asset class portfolio. Fixed Income is managed internally and externally using lower-risk enhanced, and higher-risk active mandates that provide value through innovative/active strategies. These strategies incorporate fundamental and systematic factor-based methods of security selection and asset-allocation in order to generate returns that exceed benchmarks. The private credit team manages direct lending strategies across the U.S. and Europe in the lower, middle, and upper market segments. In addition, the team manages several strategies and programs that reside in other divisions or serve the total fund including Treasury Inflation Protected Securities (TIPS), Long Duration Treasuries, Cash Management, Reverse Repo execution, and Currency/FX management and execution services.

Under the general direction of the Senior Portfolio Manager, the Portfolio Manager – Fixed Income Trading is responsible for executing and overseeing fixed income trading activity acro