Senior Investment Officer - Portfolio Construction

The New York City Comptroller’s Office works to promote the financial health, integrity, and effectiveness of New York City government, in order to strengthen trust, secure a thriving future for all New Yorkers, and build a more just, equitable, and resilient city. Led by an independently elected citywide official, the comptroller’s office provides checks and balances needed to hold City government accountable for budgeting wisely, investing responsibly, operating efficiently, acting fairly, living up to its obligations and promises, and paying attention to the long-term challenges we face together.

The Bureau of Asset Management is responsible for oversight of the investment portfolios of the five New York City pension systems. Through a culture of collaboration, individual development, and teamwork that leverages diverse talent and strives for continuous improvement, the goal of the Bureau of Asset Management is to achieve exceptional investment outcomes for all stakeholders; to deliver outstanding support to plan Trustees; and to serve as a responsible steward of the resources of plan beneficiaries and the City of New York.

The Senior Investment Officer will be responsible for developing Portfolio Construction methodologies and analytics with a goal of generating sustainable alpha in a large multi-asset portfolio, across public and private asset classes. The successful candidate will independently identify and undertake related projects, contributing to the development of analytical infrastructure. Additionally, the Senior Investment Officer will be a vital resource in building advanced manager oversight for Public Markets. Reporting to the Head of Portfolio Construction, this role will represent the Team in various committees and oversee junior staff.

Responsibilities include, but are not limited to, the following:

- Analyze portfolio construction, provide recommendations on asset allocation, manager selection and sizing. Contribute towards building a more efficient portfolio to meet investment objectives of the systems.
- As part of the Portfolio Construction Team, research and develop new methodologies and participate in designing a multi-asset risk framework for a major pension fund;
- Apply the Total Portfolio framework to analyze investment risks using quantitative models and review the implications of potential investment decisions;
- Investigate portfolio strategies and new investments. Communicate and present risk analysis to investors and management;
- Performing related assignments or special projects as may be required.

INVESTMENT MANAGER (COMPTROLLE - 95611

1) A graduate degree from an accredited college or university in business, economics, finance, accounting or a related field, and four (4) or more years of progressively responsible experience in a financial services organization handling complex financial transactions/matters with considerable exposure to fixed income funds, and asset management (fixed income, private equity, public equity, hedge funds, etc.) or similar experience at a consulting firm/bank;

or

2) BS/BA degree from an accredited college with major studies in the fields mentioned above and six (6) or more years of progressively responsible professional experience as described above.

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.