Job Information
City of New York Senior Investment Officer- Fixed Income in New York, New York
Job Description
The New York City Comptroller’s Bureau of Asset Management (BAM) is responsible for oversight of the investment portfolio of the New York City Retirement Systems (Systems), which includes five major pension systems. The Systems’ $250 billion portfolio is managed primarily by external investment managers and is largely invested in publicly traded securities.
The Senior Investment Officer will assist in overseeing the Fixed Income allocation, which currently totals approximately $76 billion. Under the general direction of the Head of Fixed Income, responsibilities include, but are not limited to:
Manager due diligence - working with the investment team and the Systems’ consultants to identify, review and evaluate both prospective and current investment managers;
Direct responsibility for monitoring and relationship management of a portion of the portfolio of existing investment managers;
Oversee and document the ongoing investment manager due diligence process;
Preparing and presenting decision-making documents for the internal BAM Investment Committee and Boards of Trustees;
Drafting, maintaining and revising investment manager guidelines and providing input for policy statements, as needed;
Overseeing the funding of investment managers and the transition of assets;
Designing criteria and parameters for analysis of market trends, strategies, industries, sectors, geographies and other topics, as required;
Constructing financial models and performing related analyses;
Ensuring the accuracy of periodic reports, and,
Performing related assignments or special projects as required.
Qualifications
Additional Information
The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.
