The New Jersey Division of Investment, which manages investments for the $77.3 billion New Jersey Pension Fund, Trenton, is seeking a corporate governance officer to monitor investments relating to the division's policies on environmental, social and governance issues, according to a notice posted on the division's website.
The position is new, Jennifer Sciortino, a spokeswoman for the state Treasury Department, wrote in an email.
This corporate governance officer "will be responsible for reviewing and monitoring the division's investment processes and providing recommendations to incorporate ESG analysis into investment decision-making," the notice said.
The executive will be responsible for research and analysis of ESG issues, "including incorporation of measurement tools for assessing ESG risks into the investment process," the notice said. The corporate governance officer also will recommend specific proxy voting guidelines to the director of the division of investment and oversee proxy voting procedures.
Hiring a corporate governance officer is part of the division's and New Jersey Pension Fund's efforts to expand ESG efforts.
Applications are due by 5 p.m. EDT on Aug. 15 by email only at [email protected].