Job Description
Job Description and Duties
Anticipated Interview Dates: We anticipate holding in-person interviews beginning the week of October 27, 2025. We look forward to meeting with you!
Telework Information: This position is eligible for a hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.
Sponsorship: This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States without the need for visa sponsorship. CalPERS does not participate in E-Verify for employment authorization purposes.
Effective July 1, 2025, The California Department of Human Resources (CalHR) implemented the Personal Leave Program 2025 (PLP 2025). PLP 2025 directs that each employee shall receive a 3 percent reduction in pay in exchange for 5 hours PLP 2025 leave credits, monthly. The salary range(s) included in the job advertisement do not reflect the 3 percent reduction in pay.
Do you have a passion for compliance, governance, and risk management? Are you solution-oriented, and do you enjoy solving problems, analyzing complex data, and helping drive innovation? If you answered yes, then this position may be the perfect fit for you!
Join a dynamic team within the Enterprise Compliance, Risk, and Governance (ECRG) Office, where you’ll collaborate with professionals across the organization to identify, assess, and mitigate risks while helping to ensure compliance with laws, regulations, and policies.
As a Compliance & Risk Analyst, you will play an essential role in advancing CalPERS’ Enterprise Risk Management (ERM) Framework, helping to ensure alignment with organizational objectives, and fostering a culture of compliance and risk awareness. This is an exciting opportunity to support all aspects of the ERM Framework, including, among other things, enterprise risk assessments for one of the nation’s largest pension funds.
Duties include, but are not limited to:
- Conduct enterprise risk assessments, maintaining frameworks and tools, analyzing risk thresholds, and preparing risk reports for management and the CalPERS Board.
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Evaluate controls, contribute to risk mitigation plans, and help track and monitor issues to support timely resolution.
- Assist with compliance monitoring and assurance reviews, coordinating reviews with business owner, and preparing reporting for management and stakeholders.
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Support regulatory change management by researching and communicating changes to business lines, and monitoring compliance with new requirements.
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Collaborate on risk management efforts, supporting the evaluation of prevention measures and providing input on recommendations.
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Contribute to special projects and assist with the preparation of detailed reports and presentations for executive leadership and the CalPERS Board.
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You will find additional information about the job in the .
Special Requirements
Statement of Qualifications
Please provide a Statement of Qualifications (SOQ) for the hiring manager’s review. Applications received without an SOQ or those that do not respond to the specific questions below
will not be considered.
The SOQ must be typed, titled “Statement of Qualifications,” and each response must be numbered and list all relevant experience, education, and training, including places of employment, dates, and duties performed. The SOQ must not exceed two pages in length and must be Arial font, 11 point.
- Based on the duty statement, provide specific examples of how your training, experience and/or education qualify you for this position.
- Describe a time when you identified a significant issue in your work or a project. Explain how you assessed the situation, developed a solution, and implemented corrective actions. Highlight the tools, methods, and collaboration strategies you used, and discuss the outcome of your efforts.
Minimum Qualifications All experience and education relating to the Minimum Qualifications (MQs) listed on the Classification Specification should be included in your application package to clearly demonstrate how you meet the MQs for this position. If you are using education to meet MQs, please include your transcripts with your application package. If you have a degree from outside of the United States, you must submit an evaluation of this degree to determine the US equivalency. If you need an evaluation, you can visit the National Association of Credential Evaluation Services (NACES) website to find organizations that provide these services. The Classification Specification is located on this Job Posting under "Minimum Requirements."
Please Note: You may need to pass an examination to establish list eligibility prior to a final offer of employment. To find and take an exam, visit CalHR’s CalCareers website .
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:
- Analytical Skills: Experience in analyzing complex data, interpreting regulations, and developing actionable recommendations.
- Risk Management Knowledge: Experience with risk assessment methodologies, internal controls, and compliance frameworks.
- Communication Skills: Ability to prepare reports, effectively convey messages, and present findings to diverse audiences, including team members and senior leadership.
- Collaboration: Proven ability to work effectively with cross-functional teams and stakeholders.
- Attention to Detail: A meticulous approach to tracking and monitoring compliance and risk-related activities.
- Adaptability: A proactive mindset with the ability to manage multiple priorities and adapt to changing requirements.
Benefits
CalPERS team members are eligible for a number of benefits. Health benefits and leave programs are available for most team members. Benefit eligibility may depend on length of service and collective bargaining agreements.
Some added benefits CalPERS offers include:
- Alternate Work Schedules
- Flexible Work Hours
- Onsite childcare facility
- Onsite fitness center
- Onsite café and nearby restaurants
- Free onsite parking available Mondays and Fridays, subject to change
- Free offsite parking available with shuttle service Tuesdays, Wednesdays and Thursdays
For more details about employee benefits, visit the California Department of Human Resources website.
Additional Information
Live Scan
Candidates not currently employed at CalPERS are required to submit to a criminal history review process utilizing Live Scan fingerprinting.
CalPERS Disclosure Requirements If employed, you may be subject to rules imposed by Personal Trading Regulations and Conflict of Interest Code that apply to CalPERS team members, 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)
Please do not include any confidential information on any documents in your application package. Confidential information that should be excluded or removed from these documents include, but is not limited to, your social security number, date of birth, marital status, personal photos, a copy of your driver’s license, equal employment opportunity data, examination scores, and LEAP status.
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 optional. It may be included, but is not required.
- Statement of Qualifications - In addition to completing your online job application, you must provide a Statement of Qualifications (SOQ) for the hiring manager’s review. Please see the Special Requirements section for instructions and questions for the SOQ. Applications received without an SOQ will not be considered.
Job Tags
Permanent employment, Full time, Work at office, Remote work, Monday to Friday, Flexible hours,