Legal Analyst, LACERA (Investments and Commercial Transactions)

Overview

The current vacancy is in the Investments and Commercial Transactions Section of the Legal Division. This position will be part of a team of attorneys, legal analysts, and secretarial support that provide legal advice and representation on investment issues as well as transactional support to LACERA and its Boards of Retirement and Investments, the Executive Office, the Investment Division, and other divisions as needed in investing the pension plan assets to provide benefits to members and their beneficiaries. Issues will include interpretation of state regulations, AML / KYC rules, the Internal Revenue Code, and other tax rules, registration requirements with regulatory agencies, and analyzing historical documents, policies, and procedures that may affect the pension plan and its investments as part of a complex global portfolio.

The position will involve filling out investment related questionnaires, forms, registrations, subscription agreements for commingled funds, maintaining title holding entities in the real estate portfolio, drafting minutes and resolutions for the same, assisting with investment closings, managing tax returns and applying for tax exemptions, submitting country registrations and powers of attorney to custodians, processing invoices and keeping logs and spreadsheets updated. It will also involve research, analysis, troubleshooting, and responding to internal client requests.

The Legal Division is comprised of a Chief Counsel, Senior Staff Counsels, Staff Counsels, Legal Analysts, and Legal Secretaries. Legal staff work in one of four sections : Litigation and Employment, Investments and Commercial Transactions, Benefits, and Disability.

Vacancy Information : The current vacancy is in the Investments and Commercial Transactions Section; however, the resulting eligible register can be used to fill both current and future vacancies throughout the Legal Division.

Work Schedule : This full-time position is required to work a 5 / 40 schedule (e.g. an eight (8) hour day, Monday through Friday). LACERA offers a hybrid work environment, and this position may be eligible to telework up to three (3) days per week depending on the needs of the Legal Division and LACERA.

Responsibilities

(The original text focuses on responsibilities; a concise description is provided below.)

• Provide legal advice and transactional support related to investments, registration, and regulatory compliance for the pension plan assets.
• Interpret state regulations, AML / KYC rules, the Internal Revenue Code, and other tax rules as they affect investments.
• Draft minutes, resolutions, and related documents; assist with investment closings; manage tax returns and exemptions.
• Coordinate with custodians, prepare and file registrations and powers of attorney as needed; maintain logs and spreadsheets; process invoices.
• Conduct research, analysis, and respond to internal client requests; support the Board of Retirement and Investments, Executive Office, Investment Division, and other divisions as required.

Requirements

Selection Requirements :

Other Requirements : Applicants must be able to perform the essential functions of this classification, with or without a reasonable accommodation.

PHYSICAL CLASS II : 2 - Light. Work is performed in an office environment; occasional light lifting to 10 pounds; extended sitting.

Desirable Qualifications

To receive credit for the above qualifications, please clearly describe your experience in your application.

Knowledge : Legal issues related to investment and transactional matters; English usage; interpersonal and customer service skills; proficiency with Adobe and Microsoft Office including Word, Outlook, Teams, SharePoint; and legal research tools such as Lexis and Westlaw.

Ability : Communicate clearly, maintain relationships, pay attention to detail, follow directions, lead, work with minimal supervision, plan and organize work, meet deadlines, manage teams and analytics, and work with matter management software.

Examination Content

This selection process will consist of :

Passing requirements : Applicants must meet the requirements and achieve a passing score of 70% or higher on weighted portions to be placed on the eligible register.

Examination notifications will be sent electronically to the email address provided on the application. Add snorton@lacera.gov and info@governmentjobs.com to approved senders to prevent filtering.

Application Information

Applications must be submitted online at www.governmentjobs.com / careers / lacera or www.lacera.gov. Faxed, emailed, or hard copy applications will not be accepted. Please ensure you complete all sections and attach required documentation by the deadlines stated in the job posting.

Education and documentation : Include copies of diplomas, transcripts, or certificates as required; provide them within ten (10) business days of filing if requested. International degrees should be evaluated for equivalency where applicable.

Veterans' credit : Eligible open competitive exams may grant veterans’ credit as specified.

Special information : LACERA is a Fair Chance employer. Reasonable accommodations are available; contact the department for assistance.

Contacts

Department : Sharon Norton, Human Resources; Email : humanresources@lacera.gov; Teletype : (800) 899-4099.

Note : This posting includes extensive information on equal employment opportunity, background checks, and general employment requirements. All information is subject to verification throughout the process.

Updated August 2025

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