This examination will remain open until the needs of LACERA are met and may close without prior notice.
TYPE OF RECRUITMENT: Open Competitive Opportunity
Examination Information: Examination Number: 9-9235-G, Job Bulletin Number: 24-25
COMPENSATION: $6,942.56 - $9,105.74 Monthly
The Los Angeles County Employees Retirement Association (LACERA) administers and manages the more than $75 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 190,000 Members. Our Membership is comprised of individuals from a diverse range of careers, age groups, and ethnicity - 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 contributing to the welfare of Los Angeles County. For their service, the County contributes to their promised benefits, and LACERA is dedicated to serving them in return throughout their career and their life afterwards. If you are interested in being part of this rewarding team, LACERA invites you to apply!
Benefits include a cafeteria benefit plan (14.5%-17% of monthly salary), annual leave, defined benefit retirement plan, Savings Plan (401k), and Deferred Compensation Plan (457) (both with employer matching up to 4%), 13 paid holidays per year, a hybrid work schedule, and a ride share program.
LACERA Mission: To produce, protect, and provide the promised benefits to our members.
LACERA Vision: Empowering our members to enjoy a healthy and secure retirement.
LACERA Values: Accountability, Collaboration, Inclusivity, Innovation, Integrity, Transparency
Our Core Values 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 current vacancy is in the Investments and Commercial Transactions Section of the Legal Division. This position will be part of a team of attorneys, legal analysts, and secretarial support that provide legal advice and representation on investment issues as well as transactional support to LACERA and its Boards of Retirement and Investments, the Executive Office, the Investment Division, and other divisions as needed in investing the pension plan assets to provide benefits to members and their beneficiaries. Issues will include interpretation of state regulations, AML/KYC rules, the Internal Revenue Code, and other tax rules, registration requirements with regulatory agencies, policies, and procedures that may affect the pension plan and its investments as part of a complex global portfolio.
The position will involve research, analysis, troubleshooting, and responding to internal client requests. It will also involve filling out investment related questionnaires, forms, registrations, maintaining title holding entities in the real estate portfolio, drafting minutes and resolutions, assisting with investment closings, managing tax returns and applying for tax exemptions, submitting country registrations and powers of attorney to custodians, processing invoices and keeping logs and spreadsheets updated.
The Legal Division is comprised of a Chief Counsel, Senior Staff Counsels, Staff Counsels, Legal Analysts, and Legal Secretaries. Legal staff work in one of four sections: Litigation and Employment, Investments and Commercial Transactions, Benefits, and Disability.
Vacancy Information: The current vacancy is in the Investments and Commercial Transactions Section; however, the resulting eligible register can be used to fill both current and future vacancies throughout the Legal Division.
Work Schedule: This full-time position is required to work a 5/40 schedule (e.g. an eight (8) hour day, Monday through Friday). LACERA offers a hybrid work environment, and this position may be eligible to telework up to three (3) days per week depending
Location: Pasadena, CA
Posted: Oct. 24, 2024, 1:41 a.m.
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