The $8 billion State Super Financial Services is actively looking for a new chief investment officer following the resignation of Oscar Fabian, who is taking up a similar post at VicSuper.

SSFS said it was looking for a candidate that has senior level funds management experience, with expertise in investment strategies, portfolio construction and manager selection decisions.

The CIO will also be a member of the executive team.

Candidates will be expected to review and advice the board on investment strategies, monitor and analyse all aspects of investment performance, liaise with fund managers, assess new investment opportunities and advice planners on market movements and various investment strategies.

SSFS's advertisement for a new CIO comes after last month's announcement that Fabian was resigning from his role to become the CIO of the $7 billion VicSuper in April.

Bob Welsh, chief executive of VicSuper, said Fabian, in the newly-created role, will be working with the fund's internal investment team and on potential investment mandates.

Prior to joining State Super, Fabian was formerly head of investments, retail for National Australia Financial Management and was a senior strategist at ANZ Funds Management.

With more than 20 years industry experience, his previous roles include chief economist for ACI International and senior manager at Colonial Investment Management across the strategy, economics and quantitative teams.

He was also Colonial's investment manager for all the balanced funds, which totalled $5 billion during his tenure.