Salary : $99,487.68 - $131,139.24 Annually
Location : Pasadena, CA
Job Type: Full-Time Temporary
Job Number: 9-0767-A, Bul#25-05
Department: Investments
Opening Date: 03/13/2025
FLSA: Non-Exempt
Bargaining Unit: 990
Max Number of Applicants: 400
POSITION INFORMATIONLACERA is recruiting highly motivated and career-minded individuals to fill the position of Finance Analyst I, LACERA Fellowship. Don't miss your chance to apply. We are accepting applications beginning March 13, 2025, at 4:30 p.m. (PST), until the first 400 applications are received or by April 10, 2025, at 5:00 p.m. (PST), whichever occurs first.The Fellowship Program: Appointees will participate in LACERA's two-year Finance Analyst I Fellowship Program. The program provides comprehensive and immersive training for aspiring investment professionals and consists of rigorous training modules, hands-on projects, and direct mentoring from experienced professionals in the industry. This program is designed to equip participants with essential skills and knowledge in institutional investing, preparing them for entry-level investment positions. The Fellowship Program, anticipated to start July 2025, is intended to last no more than two years and does not guarantee employment with LACERA beyond this period.
EXAMINATION INFORMATION: Examination Number 9-0767-A, Bulletin Number 25-05
TYPE OF RECRUITMENT: Open Competitive Job Opportunity
APPLICATION FILING PERIOD: Online applications will be accepted starting March 13, 2025, at 4:30 p.m. (PST). Filing will be suspended after the first 400 applications are received or by April 10, 2025, at 5:00 p.m. (PST), whichever occurs first. Applications received after the first 400 or 5:00 p.m. (PST) will not be considered.
ABOUT LACERA:The
Los Angeles County Employees Retirement Association (LACERA) administers and manages the $80 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 ethnicities - 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 to 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 I Fellow participates in a structured on-the-job training program designed to provide the participant with the necessary skills and knowledge in the field of Investments for preparation into an entry-level Investment position.
Positions allocable to this class typically report to an assigned supervisor and/or mentor and receive on-the-job training inclusive of both theoretical understanding and practical application. The Finance Analyst I Fellow participates in a 12-to-24-month training program. Incumbents are expected to develop and demonstrate progressively increasing skills and independence of action as they gain experience and proficiency in the field of Investments.
VACANCYINFORMATION:This is a county temporary position of limited duration. Incumbents participate in a two-year program. The vacancy is in the Investments Division.
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 third Thursday of every month, and as organizational needs warrant. LACERA may revise the hybrid work model at its discretion, as circumstances warrant.
EXAMPLES OF ESSENTIAL JOB FUNCTIONSTo view the complete job description for this classification, please see link below:
REQUIREMENTS A Bachelor's degree from an accredited college or university in Finance, Economics, Business Management or a related field.
-OR-
Two (2) 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.
ADDITIONAL INFORMATIONDesirable Qualifications:- Knowledge of financial, economic, and investment markets.
- Proficiency in Microsoft Word, Excel, and PowerPoint.
- Skilled working collaboratively in a team-oriented environment.
- Capable of applying analytical and problem-solving skills.
- Strong Communication skills.
Knowledge of: General knowledge of financial, economic, and/or investment markets; principals and applications of Microsoft Office Word, Excel, and PowerPoint; and correct English usage, grammar, spelling, punctuation and vocabulary.
Ability to: Communicate clearly and effectively, orally and in writing; work in a team-oriented environment; understand and follow oral and written directions; apply analytical and problem-solving skills; implement high attention to detail; establish and maintain effective working relationships with internal and external staff.
EXAMINATION CONTENTAn evaluation of Training and Experience based on application information and supplemental questionnaire, weighted at 100%.
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.
APPLICANTS MUST MEET THE MINIMUM REQUIREMENTS AND MUST 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.
EXAMINATION NOTIFICATIONSAll 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 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.
Allegations of not receiving the email notification to the email address provided on the official application will not be considered an acceptable reason to authorize an early or late examination administration.
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.
ELIGIBLE INFORMATIONThe 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.
APPLICATION AND FILING INFORMATIONApplication must be submitted online. The following
MUST be attached during the submission of your online application.
- A cover letter with your contact information, telephone number, and email address, and;
- A résumé.
The resume and cover letter
MUST detail your education, analytical experience in a financial environment (if applicable), and your qualifications. On your cover letter include why you are interested in the Finance Analyst I, LACERA Fellowship position and how this position would help you meet your professional goals.
REQUESTED MATERIALS MUST BE SUBMITTED at time of application submission.Applicants can check the status of their applications at any time by logging into their account on
www.governmentjobs.com.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 above.
Please complete the application and supplemental questionnaire thoroughly and completely. Information provided in the supplemental questionnaire must be reflected in 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.
Applications submitted without the complete work history and the supplemental questions completed in their entirety will be rejected as incomplete. "See application" or "See resume" or copy and paste of work experience is not sufficient or qualifying responses.
Resumes will not be accepted in lieu of the completed application or supplemental questionnaire.
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 ten (10) 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.
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.
TO APPLY ONLINE GO TO: and click on the Careers link. Faxed, emailed, or hardcopy (paper) applications will not be accepted.
Any language contained in the job posting supersedes any language contained below.
Your Responsibilities:1. Completing Your Application:
a. Before submission of the application, it is your responsibility to ensure that all information provided is correct and complete on the application. Incomplete applications cannot be accepted.
b. List each payroll title separately for each job. Do not group your experience. Specify the beginning and ending dates for each job. If you are a Los Angeles County employee and have held multiple positions, do NOT list all of your time with the County under your present payroll title.
c. To receive credit, include required documents (e.g., copy of your diploma, transcript, certificate, or license) as directed on the job posting. International degrees in a foreign language must be translated to English and evaluated for equivalency to U.S. standards. Refer to the job posting for specific deadlines for supporting documentation.
2. Requirements on Job Posting:
a. Your application will only be accepted if it clearly shows you meet the requirements. The information you give will determine your eligibility and is subject to verification at any time.
b. You must be at least 16 years of age at the time of appointment unless other age limits are stated on the job posting. The Federal Age Discrimination in Employment Act (ADEA) of 1967, as amended, prohibits discrimination on the basis of age for any individual age 40 or older.
c. Experience is evaluated on the basis of a verifiable 40- hour week, unless specified otherwise. Prorated part-time experience may be acceptable.
3. Application Deadline: All job applications must be completed and submitted before the closing time on the last day of the filing period as indicated on the job posting unless other instructions are provided. Job postings with an open continuous filing period are subject to closure without prior notice. It is to your advantage to file your application early and not wait until the last allowable date and time as you will not be able to apply once the filing period has closed.
4. Change of Name or Address: To change personal information such as your name or address, log into your profile on and make the necessary change. This can be done at any time.
5. Equal Employment Opportunity/Non-Discrimination Policy:
a. It is the policy of the The Los Angeles County Employees Retirement Association (LACERA) to provide equal employment opportunity for all qualified persons, regardless of race, color, religion, sex, national origin, age, sexual orientation, disability, or any other characteristic protected by state or federal law. b. If you are an individual requesting reasonable accommodation(s) in the examination process, please contact the testing accommodation coordinator listed on the job posting. The provision of accommodation(s) may be subject to verification, consistent with state and federal law. All accommodation-related information will remain confidential.
Disclaimer: The Los Angeles County Employees Retirement Association (LACERA) is not responsible or in any way liable for any computer hardware or software malfunction that may affect the employment application or the application selection process.
You assume all responsibility and risk for the use of this system and the Internet generally. This system and the information provided on it are provided on an "as is" and "as available" basis without warranties of any kind, either express or implied. No advice or information given by LACERA or its respective staff members shall modify the foregoing or create any warranty.
LACERA expressly disclaims any warranty that the information on this system or on the Internet generally will be uninterruptible or error free or that any information, software or other material accessible from the system is free of viruses or other harmful components. You shall have no recourse against the LACERA as the system provider for any alleged or actual infringement of any proprietary rights a user may have in anything posted or retrieved on our system.
LACERA shall not be liable for any direct, indirect, punitive, incidental, special or consequential damages arising out of or in any way connected with the use of this system or with the delay or inability to use it (or any linked sites), or for any information obtained through this system, or otherwise arising out of the use of this system, the Internet generally or on any other basis.
NOTE: Your application is submitted using Secure Encryption to ensure the privacy of all information you transmit over the Internet.
By accepting the Use Disclaimer set forth herein, you agree to all of the above terms and further agree to use this Online Job Employment Application System only for the submission of bona fide employment applications to the County of Los Angeles. Any other use of this Online Job Employment Application System, including without limitation any copying, downloading, translating, decompiling, or reverse engineering of the system, data, or related software, shall be a violation of the Use Disclaimer.
Veteran's Credit: In all open competitive examinations, a veteran's credit of 10 percent of the total credits specified for such examinations will be added to the final passing grade of an honorably discharged veteran who served in the Armed Forces of the United States under any of the following conditions: During a declared war; -or- During the period April 28, 1952 through July 1, 1955; -or- For more than 180 consecutive days, other than for training, any part of which occurred after January 31, 1955, and before October 15, 1976; -or- During the Gulf War from August 2, 1990 through January 2, 1992; -or- For more than 180 consecutive days, other than for training, any part of which occurred during the period beginning September 11, 2001, and ending on August 31, 2010 the last day of Operation Iraqi Freedom; -or- In a campaign or expedition for which a campaign medal or expeditionary medal has been authorized and awarded. Any Armed Forces Expeditionary medal or campaign badge, including El Salvador, Lebanon, Grenada, Panama, Southwest Asia, Somalia, and Haiti qualifies for credit.
A campaign medal holder or Gulf War veteran who originally enlisted after September 7, 1980 (or began active duty on or after October 14, 1982, and has not previously completed 24 months of continuous active duty) must have served continuously for 24 months or the full period called or ordered to active duty.
This also applies to the spouse of such person who, while engaged in such service was wounded, disabled or crippled and thereby permanently prevented from engaging in any remunerative occupation, and also to the widow or widower of any such person who died or was killed while in such service. A DD214, Certificate of Discharge or Separation from Active Duty, or other official documents issued by the branch of service are required as verification of eligibility for Veterans preference. Applicants must submit the documentation for each open competitive exam to qualify for veteran's credit. More information available at:
Accreditation Information: Accredited institutions are those listed in the publications of regional, national or international accrediting agencies that are accepted by the Department of Human Resources. Publications such as American Universities and Colleges and International Handbook of Universities are acceptable references. Also acceptable, if appropriate, are degrees that have been evaluated and deemed to be equivalent to degrees from United States accredited institutions by an academic credential evaluation agency recognized by The National Association of Credential Evaluation Services or the Association of International Credential Evaluators, Inc. (AICE).
Background Check: LACERA is a Fair Chance employer. Except as otherwise permissible under applicable laws, you will not be asked to provide information about a conviction history unless you receive a conditional offer of employment. LACERA will make an individualized assessment of whether your conviction history has a direct or adverse relationship with the specific duties of the job, and will also consider potential mitigating factors, including, but not limited to, evidence and extent of rehabilitation, recency of the offense(s), and age at the time of the offense(s). I
f asked to provide information about a conviction history, any convictions or court records which are exempted by a valid court order do not have to be disclosed.Benefit Information: Depending on the position, the successful candidate will enroll in a contributory defined benefit pension plan if the candidate is a "new member" of the County's defined benefit plan (LACERA) on or after January 1, 2013 (first employed by the County on or after December 1, 2012) - unless she or he established reciprocity with another public retirement system in which she or he was a member before January 1, 2013. It should be noted that County employees do not pay into Social Security but do pay the Medical Hospital Insurance Tax portion of Social Security at a rate of 1.45%. The Los Angeles County Employees Retirement Association (LACERA) has reciprocal agreements with several public retirement systems in California.
Americans with Disabilities Act of 1990: All positions are open to qualified persons. Pursuant to the Americans with Disabilities Act of 1990, persons with disabilities who believe they need reasonable accommodation, or help in order to apply for a position, may contact the ADA/Personnel Services for Disabled Persons Coordinator. Hearing impaired applicants with telephone teletype equipment may leave messages by calling the teletype phone number on the job posting. The County will attempt to meet reasonable accommodation requests whenever possible.
Equal Employment Opportunity: It is the policy of the Los Angeles County Employees Retirement Association to provide equal employment opportunity for all qualified persons, regardless of race, religion, sex, national origin, age, sexual orientation, disability, or any other characteristic protected by state or federal law. All positions are open to qualified men and women pursuant to the Americans with Disabilities Act of 1990 and the California Fair Employment and Housing Act. The County will comply with all of its obligations under State and Federal laws regarding the provision of reasonable accommodations to applicants.
Los Angeles County Child Support Compliance Program: In an effort to improve compliance with court ordered child, family and spousal support obligations, certain employment and identification information (i.e., name, address, Social Security number and date of hire) is regularly reported to the State Directory of New Hires which may assist in locating persons who owe these obligations. Family Code Section 17512 permits under certain circumstances for additional employment and identifying information to be requested. Applicants will not be disqualified from employment based on this information.
Social Security Act of 2004: Section 419 (c) of Public Law 108-203, the Social Security Protection Act of 2004, requires State and local government employers to disclose the effect of the Windfall Elimination Provision and the Government Pension Offset Provision to employees hired on or after January 1, 2005, in jobs not covered by Social Security. The County of Los Angeles does not participate in the Social Security System. All newly hired County of Los Angeles employees must sign a statement (Form SSA-1945) prior to the start of employment indicating that they are aware of a possible reduction in their future Social Security benefit entitlement. For more information on Social Security and about each provision, you may visit the website , or call toll free 1-800-772- 1213. Persons who are deaf or hard of hearing may call the TTY number 1-800-325-0778 or contact a local Social Security office.
Employment Eligibility Information: Final appointment is contingent upon verification of U.S. citizenship or the right to work in the United States. Immigration law provides that all persons hired after November 6, 1986, are required to present original documents to the County, within three (3) business days of hiring, which show satisfactory proof of 1) identity and 2) U.S. employment eligibility.
The California Fair Employment and Housing Act (Part 2.8 commencing with Section 12900 of Division 3 of Title 2 of the Government Code) the Regulations of the Fair Employment and Housing Commission (California Code of Regulations, Title 2, Division 4, Sections 7285.0 through 8504) and other applicable laws prohibit employment discrimination based on an applicant's protected characteristics, including race, color, religion, national origin, ancestry, physical disability, mental disability, medical condition, marital status, sex, sexual orientation, age, pregnancy, childbirth, and other characteristics.
Updated August 2024
The Los Angeles County Employees Retirement Association (LACERA) recognizes excellence and performance by providing comprehensive and competitive benefit programs to its employees.
Temporary staff members benefits include:
Medical Benefits (Optional)
Pension Savings Plan 457 Plan for temporary staff members
Holidays - 13 days per year.
Rideshare Benefits - Monthly transit subsidy, pass purchase program, monthly vanpool subsidy, commuter choice subsidy.
This information is intended to provide a general summary of benefits available to staff members of LACERA and is not legally binding.
NOTE: The above benefits only relate to the Finance Analyst I, LACERA Fellowship (County Temporary) position.
01
Many important notifications such as test invitation, and other special information are only communicated via e-mail.
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 otherimportant information pertaining to your candidacy for this position. Moreover, pleaseadd lalvarez-nunez@lacera.com and info@governmentjobs.com to your email addressbook and to the list of approved senders to prevent email notifications from beingblocked or filtered as spam/junk/clutter email from your email provider.
LACERA will not consider allegations of not receiving the email notification as an acceptable reason to authorize a reschedule or late exam administration.
- I understand the above information and instructions.
02
INSTRUCTIONS TO APPLICANTS: Only online applications are accepted. The information provided on this supplemental questionnaire will be evaluated and compared to the information provided on the application. The information provided will be used to determine if you are among the most qualified for the position.
A resume or a reference to "See attached resume" or "See application" will not be accepted in lieu of the completed questionnaire.
Incomplete, false statements, omission of material facts, or partial information may result in rejection of the application. I have read and understand the instructions and that in order to be further considered for this position, my application and supplemental questionnaire
must be thoroughly completed and reflect all relevant work experience.
03
Do you possess a bachelor's degree from an accredited college or university in Finance, Economics, Business Management, or a related field OR Two (2) 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.
04
Which of the following best describes your highest level of education?
NOTE: 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) with your application.
- High school graduate or equivalent
- Associate's Degree
- Bachelor's Degree
- Master's Degree or higher
05
If you indicated that you have a Bachelor's or Master's degree, please indicate the field of study in which you obtained the degree?
06
Briefly describe your 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.
In your response include name of employer, employment dates, position title, and brief summary of duties performed.
If you do not have any experience, please indicate N/A
Note: "See resume" or "See application" is not an acceptable response.
07
Do you possess general knowledge in financial, economic, and/or or investment markets?
08
If you indicated "Yes" in the preceding question, which of the following describes your level of knowledge in financial, economic, and/or or investment markets?
- Basic understanding
- Intermediate knowledge
- Advanced knowledge
- Does not apply
09
Which of the following describes how you acquired your knowledge of financial, economic, and/or investment markets?
- Education only
- Work experience
- Both education and work experience
- Does not apply
10
If you indicated having knowledge of financial, economic, and investment markets, please describe your experience.
Include details about your role, scope of responsibilities, beginning and ending dates for each job held and the name of employer(s) as listed on your application.
If you do not have experience in this area, indicate "N/A."
11
Which of the following describes your level of knowledge and experience using Microsoft Word?
Basic knowledge: ability to start a new document; type, delete and insert text; apply formatting; and save a document.
Intermediate knowledge: ability to create, modify and use templates; create and format tables and charts; apply and customize styles; create and manage lists; and collaborate on documents.
Advanced knowledge: ability to create and manage professional documents; create and customize templates; use mail merge; generate and update table of contents and indexes; insert footnotes and endnotes; create bookmarks and cross references; import and export documents in various formats; use keyboard shortcuts; and create and remove document protection.
- None
- Basic
- Intermediate
- Advanced
12
Which of the following describes your level of knowledge and experience using Excel?
Basic knowledge: understand the difference between a worksheet and workbook; ability to organize data in rows and columns; enter and format data into cells; perform basic formulas and functions; sort and filter data; and create basic charts and graphs.
Intermediate knowledge: ability to use complex formulas and understand function behavior; use formulas to manipulate data such as extracting text from cells or converting data types; use pivot tables; implement data validation; use conditional formatting; and create various types of charts and graphs.
Advanced knowledge: understand and apply nested IF statements, LOOKUP functions and other advanced formulas to perform complex calculations and data manipulation; use statistical functions for data analysis; implement data validation rules; combine data from multiple worksheets into a single worksheet; use data filtering, sorting and cleaning; create pivot tables; and use power query.
- None
- Basic
- Intermediate
- Advanced
13
Which of the following describes your level of knowledge and experience using PowerPoint?
Basic knowledge: ability to create a new presentation; add slides and fill slides with text, images, charts, videos, and other media; select themes and choose layouts; use slideshow; and share presentation.
Intermediate knowledge: ability to create engaging presentations using advanced features like custom templates, animations, transitions, data visualization tools, and slide formatting, and understand how to use and modify slide master.
Advanced knowledge: ability to use master features such as custom animations, slide masters, and advanced object manipulation; create and customize professional looking diagrams, charts, and graphics; and integrate multimedia.
- None
- Basic
- Intermediate
- Advanced
14
Which of the following describes your years of experience working in a team-oriented environment?
- Does not apply
- Less than one (1) year
- More than one (1) year but less than two (2) years.
- More than two (2) years but less than three (3) years.
- More than three (3) years.
15
If you indicated having experience working in a team-oriented environment, in the preceding question, please describe your experience.
Include details about your role, scope of responsibilities, beginning and ending dates for each job held and the name of employer(s) as listed on your application.
if you do not have experience in this area, indicate "N/A."
Required Question
