Job Description

Job Description and Duties

The CalSTRS Enterprise Risk Management & Compliance Services Division is seeking a motivated individual to work as a Financial Accountant IV on the Enterprise Risk Management & Quality Assurance Team.

Under the general direction of the Director of Enterprise Risk Management and Compliance Services, the Assistant Director (FA IV) of Enterprise Risk Management (ERM) directs the work of technical and professional staff performing the most critically sensitive and complex financial and investment accounting activities. The FA IV will collaborate with the Director in managing the efforts of the CalSTRS Enterprise Risk Management program and assist with providing strategic direction for the enterprise-wide risk program including monitoring and mitigation efforts, compliance testing against established policies, standards, and regulations, as well as relevant federal, state, and local laws; and conduct an assessment of the quality of census data used to make benefit payments and account for contribution revenue from employers and the State of California. The FA IV will manage the day-to-day enterprise-wide risk operations while supporting the enhancement of enterprise risk management and compliance activities at the program level. Incumbent will assist in the creation and revision of FSB related policies, as well as perform compliance tests of staff and management adherence to applicable enterprise-wide policies (regulations and laws); develop a quality assurance program over member contributions and payments and identify and work with program staff to correct detected anomalies. The FA IV will verify the existence and compliance with entity level controls, assist with implementing associated education programs, and act as a backup to the Director for risk and compliance matters including policy advisor to the Chief Executive Officer, Executive Staff, the Teachers’ Retirement Board and the Audits & Risk Management Committee.  

The ideal candidate will possess the following skills:

• Risk management or compliance management experience at a pension system or financial institution
• Experience developing or evaluating internal controls at a pension system or financial institution
• Knowledge of Government Accounting Standards Board (GASB) for financial reporting and investment reviews for public pension funds
• Valid Certified Public Accountant (CPA) license or other certifications such as, Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA) preferred
• Strong project management experience or proven ability to lead, monitor and measure the completion of multiple projects.
• Experience identifying and providing recommendations and acting as a subject matter expert (SME) on special projects.
• Ability to prepare and present technical information in a format suitable for management/board reporting.
• The ability to solve problems, promote new ideas and develop new approaches to achieve established vision and strategies

Every 12 months, based on performance evaluation, employees may receive a 5% salary increase until they reach the maximum salary for the position.

In July 2025, the State of California implemented the Personal Leave Program 2025. This program reduces employees’ monthly base pay in exchange for paid leave credits. This position is subject to PLP 2025 and will have a monthly base pay reduction of 3% in exchange for 5 hours of leave credits for the duration of the program. The salary ranges shown on this job posting do not reflect the reduced amounts.

Does this opportunity seem right for you? If so, see the  Application Instructions  section below and apply now.

You will find additional information about the job in the .

Working Conditions

CalSTRS offers a hybrid approach including in-office and remote work solutions based on business needs.

All staff of CalSTRS are employees of the State of California and subject to California employment taxes and withholdings. Upon appointment, staff are required to provide a current California address to CalSTRS Human Resources to be used as a remote work location.

This position is not eligible for visa sponsorship. Applicants must be authorized to work in the US without the need for visa sponsorship by the start date of employment with CalSTRS.

Special Requirements

Statement of Qualifications

Interested individuals must submit a Statement of Qualifications (SOQ) in addition to the standard state application (form STD 678). Your SOQ will be considered the first interview for this position. If your qualifications are competitive, you will be invited to an interview.  When completing the SOQ, please include all relevant experience, education, and training, as applicable, and explain all answers thoroughly. Your SOQ should not exceed two pages, single-spaced, 12-point font and address the following questions:

1. After reading the Duty Statement, please describe how you are qualified for this position.
2. Share a specific example of a project or initiative you led that involved cross-functional collaboration to address a significant risk or issue. What challenges did you face and how did you resolve them?
   

Exam

This position requires a current Financial Accountant IV examination . If you need to take the examination or if your score has expired, click here to gain list eligibility.

CalSTRS Personal Trading Program

Investment Branch employees are required to participate in the CalSTRS Personal Trading Program which allows CalSTRS to monitor employees’ personal trading transactions in order to reduce risks associated with insider trading, front running, and misusing material non-public information. Upon accepting a position within the Investment Branch, you will be required to disclose your personal broker account information and be required to utilize a personal broker from a designated list as provided by CalSTRS.

Background Investigation

Prior to employment with CalSTRS, a background investigation (BI) will be conducted. The BI consists of a  Personal History Statement and fingerprinting through the Department of Justice. The BI will check criminal and civil records and, if applicable, verify education and check driving records.

CalSTRS Disclosure Requirements

This position may be subject to disclosure and disqualification requirements concerning economic conflict of interest in government work, including the  Conflict of Interest Code that applies to CalSTRS team members and the  Political Reform Act , which require disclosure of certain investment information and use of a designated trading platform for securities transactions, as well as filing a  Statement of Economic Interest (Form 700) .

Benefits

CalSTRS offers a competitive pay schedule and a work-life-balance for all its employees. The State of California provides comprehensive benefits packages determined by the employee’s bargaining unit and conditions of employment. Some benefits include:

• Alternative work schedules
• Flexible work hours
• Remote work options
• Medical benefits, including health, dental and vision insurance
• Paid holidays and a defined benefit retirement program
• More than four weeks of vacation/sick leave for leaders
• More than three weeks of vacation/sick leave for staff
• Health insurance in retirement
• Employee Assistance Program
• Loan forgiveness under the federal 

For the latest information on the benefits offered by the state of California, explore the Health Benefits Summary provided by CalHR .

ADDITIONAL APPLICATION INSTRUCTIONS

• Electronic applications through your CalCareer account are highly recommended.  If you are unable to apply electronically through your CalCareer account, please mail or drop off a hard copy of your application packet. Please provide the following information on your application: 815-108-4194-001, RPA: 0165, JC-490920.
• If education is being used to meet the minimum qualifications, please submit a copy of your transcripts/degree.
• Training and Development (T&D) assignments may be considered for this position. If you are applying as a T&D, please indicate this in the eligibility section of your application.
  
• Candidate may be selected by application packet review only.
• Multiple positions may be filled from this recruitment.
• Submission of an incomplete STD 678 may result in disqualification. 

Required Application Package Documents

The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

• Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
• Resume is required and must be included.
• Statement of Qualifications - A Statement of Qualifications is required. Please see the Special Requirements section of the job posting for detailed instructions.

Job Tags

Permanent employment, Full time, Work at office, Local area, Remote work, Flexible hours,

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