Japan’s Government Pension Investment Fund, Tokyo, is searching for three positions overseeing the pension fund’s activities related to the stewardship code the GPIF adopted last year, legal matters and external managers.
A GPIF spokesman said the stewardship code and legal positions are new ones at the pension fund, which had ¥137 trillion ($1.1 trillion) in assets as of Dec. 31. The position overseeing external managers will be an addition to the external manager team, the spokesman said.
The announcement called on applicants for the stewardship post to have worked more than 10 years in areas such as corporate finance, research, accounting or investor relations, with experience exercising voting rights a plus; to be familiar with the latest corporate governance trends in Japan and abroad; and to speak English well enough to exchange opinions with the pension fund’s external managers.
Applications for the external managers position should have more than three years’ experience managing domestic stocks, foreign stocks, domestic bonds or foreign bonds, with experience evaluating investing strategies, either as an investment consultant or part of a money management firm, a plus. Candidates should speak sufficient English to converse with overseas money managers and investment consultants.
Candidates for the legal position should have more than 10 years of legal experience in the field of money management, either at a law firm or a financial institution, with experience practicing in one more countries overseas as well as experience involving alternative investments a plus. Applicants must be capable of negotiating contracts in English for overseas investments.