Long-Term Investing Fellow

School of Engineering, Stanford, California, United States

Administration

Post Date Jul 12, 2024

Requisition # 103908

Note: This is a one year, fixed term position.

The Civil & Environmental Engineering Department (CEE) is a joint department in the School of Engineering and the Doerr School of Sustainability. Stanford Engineering (SOE) has been at the forefront of innovation for nearly a century, creating pivotal technologies that have transformed the worlds of information technology, communications, health care, energy, business and beyond. Our faculty and students are creative risk-takers who pursue excellence across a breadth of disciplines. Our alumni include some of the world's most successful leaders in technology and business. The Stanford Doerr School of Sustainability (SDSS) strives to create a future when humans and nature thrive in concert and in perpetuity. The school is dedicated to creating and supporting a diverse, equitable, and inclusive environment, and to creating solutions that benefit all people, particularly those most affected by environmental damage and climate change.

The Civil & Environmental Engineering Department has put sustainability and sustainable design at the center of its research and teaching mission for over 25 years. CEE is managing a new one-year fellowship program focused on long-term investment management for large institutional investors. We expect to hire multiple applicants through a single recruitment effort. The Long-Term Investing Fellowship is a one-year rotational program of learning, researching, working, and investing. This fellowship will provide a unique pathway of deep understanding and opportunity to build a career shaping this industry. Fellows will work with CalPERS, the largest public pension system in the nation, deploying billions of dollars into critical industries such as climate solutions and clean energy. We will select and hire four outstanding graduates (from undergraduate and master’s programs across the United States) in the spring of each year and bring them to California (first Stanford, then Sacramento).

Civil and Environmental Engineering Website:https://cee.stanford.edu

In this role, you will:

• Develop and manage research programs by conducting research activities, including outreach to varied stakeholders within the program, assigning resources and making program improvement recommendations that impact policies and programs.

• Identify, recommend and implement opportunities for new research.

• Source, collect and analyze data, create reports, review and explain trends; formulate and evaluate alternative solutions and/or recommendations to achieve the goals of the program or function.

• Teach and/or assist in the teaching and administration of courses. Develop curriculum. Develop curriculum-rating survey, detailed feedback on courses and make recommendations for preliminary overview and changes.

• Write and/or edit complex content for proposals, research grants, peer-reviewed publications, and other program activities.

• Contribute to and inform on strategic program/entity planning and related funding and financial sustainability.

• Develop or contribute to outreach strategy related to program communications, development, partnerships, and fundraising/funding.

• Outreach to CalPERS partners to co-create potential portfolio construction that aligns with CalPERS stakeholder interests and fiduciary responsibilities.

• Assessing the impact of CalPERS investment policies.

• Identifying and potentially collecting data on investment opportunities that may be ready for investment in future years, but are not yet mature enough for investment at this time.

• Identifying and collecting data on investment opportunities for potential CalPERS investment assessment.

• Analysis of investment opportunities including basic financial analysis (IRR, Beta) along with higher order analysis taking into account correlated risk (e.g., sea-level rise and fire danger both due to effects of climate change in California).

• Proposal of investment portfolio that aligns with CalPERS stakeholder interests and fiduciary responsibilities.

• Authority of business-school style case studies focused on potential climate and sustainability-related investment decisions.

• Authoring of articles and submissions for popular media, program reporting, and academic/industry conference.

• Authoring of manuscripts for peer-reviewed academic journals.

• Assisting with identification of additional pension funds and beneficial investment institutions that could become supporters and partners in the fellowship program in future years.

• Assisting with creation of promotional materials for recruitment of future fellows cohorts.

• Assisting with promotion of fellows program to attract future applicants.

• Other duties as assigned.

Education & Experience (Required):

• Bachelor's degree and three years of relevant experience or combination of education, training, and relevant experience. Advanced degree may be required for some programs. For jobs with financial responsibilities, experience managing a budget and developing financial plans.

Knowledge, Skills and Abilities (Required):

• Ability to develop program partnerships and funding sources.

• Excellent oral, written, and analytical skills, exhibiting fluency in area of specialization.

• Ability to oversee and direct staff.

• Basic knowledge of managing budgets and developing financial plans.

Physical Requirements:

• Frequently stand/walk, sitting, grasp lightly/fine manipulation, perform desk-based computer tasks.

• Occasionally use a telephone, writing by hand, lift/carry/push/pull objects that weigh up to 40 pounds.

• Rarely sort/file paperwork or parts, lift/carry/push/pall objects that weigh >40 pounds.

• Ability to use voice to present information/communicate with others.

• On-campus mobility.

Working Conditions:

• May work extended hours, evenings, or weekends.

• May travel locally.

• Occasional overnight travel.

Work Standards:

• Interpersonal Skills: Demonstrates the ability to work well with Stanford colleagues and clients and with external organizations.

• Promote Culture of Safety: Demonstrates commitment to personal responsibility and value for safety; communicates safety concerns; uses and promotes safe behaviors based on training and lessons learned.

• Subject to and expected to comply with all applicable University policies and procedures, including but not limited to the personnel policies and other policies found in the University’s Administrative Guide,http://adminguide.stanford.edu.

Pay Range:

This role is open to candidates anywhere in the United States. Stanford University hasfive Regional Pay Structures. The compensation for this position will be based on the location of the successful candidate.

The expected pay range for this position is $77,000 to $135,000 per annum for remote positions.

The expected pay range for this position is $95,000 to $139,000 per annum for hybrid positions.

Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position. The pay offered to a selected candidate will be determined based on factors such as (but not limited to) the scope and responsibilities of the position, the qualifications of the selected candidate, departmental budget availability, internal equity, geographic location and external market pay for comparable jobs.

At Stanford University, base pay represents only one aspect of the comprehensive rewards package. The Cardinal at Work website (https://cardinalatwork.stanford.edu/benefits-rewards) provides detailed information on Stanford’s extensive range of benefits and rewards offered to employees. Specifics about the rewards package for this position may be discussed during the hiring process.

How to Apply:

We invite you to apply for this position by clicking on the “Apply for Job” button. To be considered, please submit a cover letter and résumé along with your online application. Your one-page cover letter should briefly describe your background and provide examples of your experience with financial management, financial engineering, or institutional investment.

Why Stanford is for You:

Imagine a world without search engines or social platforms. Consider lives saved through first-ever organ transplants and research to cure illnesses. Stanford University has revolutionized the way we live and enrich the world. Supporting this mission is our diverse and dedicated 17,000 staff. We seek talent driven to impact the future of our legacy. Ourcultureandunique perksempower you with:

• Freedom to grow . We offer career development programs, tuition reimbursement, or audit a course. Join a TedTalk, film screening, or listen to a renowned author or global leader speak.

• A caring culture . We provide superb retirement plans, generous time-off, and family care resources.

• A healthier you . Climb our rock wall, or choose from hundreds of health or fitness classes at our world-class exercise facilities. We also provide excellent health care benefits.

• Discovery and fun . Stroll through historic sculptures, trails, and museums.

• Enviable resources . Enjoy free commuter programs, ridesharing incentives, discounts and more!

The job duties listed are typical examples of work performed by positions in this job classification and are not designed to contain or be interpreted as a comprehensive inventory of all duties, tasks, and responsibilities. Specific duties and responsibilities may vary depending on department or program needs without changing the general nature and scope of the job or level of responsibility. Employees may also perform other duties as assigned.

Consistent with its obligations under the law, the University will provide reasonable accommodations to applicants and employees with disabilities. Applicants requiring a reasonable accommodation for any part of the application or hiring process should contact Stanford University Human Resources by submitting acontact form.

Stanford is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.

Additional Information

• Schedule: Full-time

• Job Code: 4112

• Employee Status: Fixed-Term

• Grade: J

• Requisition ID: 103908

• Work Arrangement : Hybrid Eligible, Remote Eligible