Chief Investment Officer

Company:Pennsylvania State Employees’ Retirement System

The Pennsylvania State Employees’ Retirement System, Harrisburg, Pennsylvania, is seeking a Chief Investment Officer (CIO) to manage its $24 billion externally managed investment portfolio. This position, supported by a staff of 16 professionals and reporting directly to the SERS Board, is responsible for developing fund investment strategies, advising the Board on manager selection, overseeing the external managers and directing the risk management and compliance functions.

SERS was established in 1923 and is one of the nation’s oldest and largest statewide defined benefit plans. The plan is comprised of approximately 220,000 members and is funded through employee contributions, employer contributions and investment earnings. For additional information relating to the Plan you can visit our website at

The ideal candidate will possess an advanced degree, excellent oral and written communication skills, and strong leadership and management skills. The candidate will have extensive investment management experience with hiring and managing external managers, a significant understanding of risk management, and experience with a multi-asset class fund.

Compensation will consist of a competitive salary and benefit package dependent on the experience, qualifications and credentials of the successful candidate.

For further information please contact Cheryl Krchnar. To apply, please forward your resume to:
Cheryl Krchnar, Human Resource Director
State Employees’ Retirement System
30 North Third Street, Suite 150 • Harrisburg, PA 17101-1716

Phone: 717-237-0265 • E-mail: • Fax: 717-783-0581

The Commonwealth of Pennsylvania is proud to be an Equal Opportunity Employer supporting workforce diversity.

To place your job ad, please contact Erin Smith at 212-210-0719.