Chief Operating Officer

Job Description and Duties The California State Teachers’ Retirement System (CalSTRS) is seeking to fill its Chief Operating Officer (COO) position. Under the administrative direction of the Chief Executive Officer (CEO), the COO provides executive leadership and oversight of CalSTRS’ core business operations, programs, administrative functions, and strategic initiatives. The COO is responsible for ensuring effective and efficient delivery of retirement benefits and member services, as well as organizational performance. Responsibilities include executive oversight of benefits administration, member and employer services, information technology, human resources, administrative services, and major business initiatives. The COO provides leadership in organizational effectiveness, business continuity, workforce and succession planning, innovation, and continuous improvement. The annual salary range is $265,000-$385,000, with a 50% maximum incentive opportunity of base salary. The starting salary for this position will be set competitively and commensurate with the candidate’s qualifications and experience. Relocation benefits may be available. To learn more about this opportunity, click here. You will find additional information about the job in the Duty Statement. 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. Minimum Requirements You will find the Minimum Requirements in the Class Specification.

• CHIEF OPERATING OFFICER Additional Documents
• Job Application Package Checklist
• Duty Statement Department Information CalSTRS: Securing the financial future and sustaining the trust of California’s educators CalSTRS is the largest educator-only pension fund in the world, providing retirement, disability and survivor benefits to California's more than 1 million public school educators and their families. Named as one of the best places to work in money management ten times by Pensions & Investments magazine, we are a world-class financial services institution with a commitment to sustainability and wellness. Our two U.S. Green Building LEED Platinum-certified headquarters buildings in West Sacramento, California, feature sustainable construction, abundant natural lighting, an organic garden, sustainable beekeeping and ergonomic functionally designed workspaces. We offer a variety of on-site amenities to our team members, including two full-service cafés, two free fitness centers, a bicycle rental library and a child care center with a covered playground. Team members enjoy walks along the Sacramento River and nearby seasonal farmers markets. In addition to our state-of-the-art amenities, we offer thriving wellness and sustainability programs, an award-winning employee recognition program, and ongoing training, learning and development opportunities. We offer competitive benefits, flexible work hours and hybrid work options. We are committed to creating a workplace where our team members thrive. If you’re looking for a rewarding career and are interested in becoming part of a diverse and inclusive workforce where talent, expertise and wellness are valued, we encourage you to find out more about our many career options at CalSTRS.com/Careers.

Department Website:

https://www.calstrs.com Special Requirements 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, credit 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). Incompatible Activities This position is subject to the provisions of Government Code Section 19990. Upon accepting a position at CalSTRS, you will also be required to comply with the CalSTRS Incompatible Activities Policy by ensuring that outside work or activities are compatible and align with your professional activities or workplace obligations. Desirable Qualifications In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate:

• Excellent leadership skills, strong business acumen, and the ability to effectively manage, lead, and supervise multidisciplinary teams.
• Experience delivering high-quality presentations and significant policy recommendations to executives, boards, and governance committees.
• Provide operational oversight of major systems; demonstrate expertise in vendor management, compliance, approvals, authorizations, and operational efficiency. Ensure smooth administration and high-quality service delivery.
• Ability to partner with executive leaders to identify and mitigate program, reputational, political, and operational risk.
• Experience overseeing projects, leading strategic initiatives, and driving organizational change. Demonstrate adaptability, innovation, and openness to new technologies, including emerging areas such as AI governance.
• Possess a positive attitude and strive to ensure appropriate benefit payments, operational accuracy, and ultimate member satisfaction.
• A visionary approach and ability to establish, articulate, and implement clear priorities and processes for meeting CalSTRS strategic goals.

Benefits

Learn about all of the benefits of being a CalSTRS employee by visiting CalSTRS.com/Careers and clicking on the About Us tab.

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: Position: 815-101-4653-001 and Job Control: 537412.
• Candidate may be selected by application packet review only.
• Multiple positions may be filled from this recruitment.