Review Vacancy
Date Posted: 01/05/22
Applications Due: 02/06/22
Vacancy ID: 96920
Position Information
NY HELPNo
AgencyInsurance Fund, State
TitleSenior Corporate Credit Analyst
Occupational CategoryOther Professional Careers
Salary GradeNS
Bargaining UnitM/C - Management / Confidential (Unrepresented)
Salary RangeFrom $175000 to $200000 Annually
Employment Type Full-Time
Appointment Type Permanent
Jurisdictional Class Exempt Class
Travel Percentage 20%
Schedule
Workweek Mon-Fri
Hours Per Week 37.50
Workday
From 9 AM
To 5 PM
Flextime allowed? No
Mandatory overtime? No
Compressed workweek allowed? No
Telecommuting allowed? Yes
Location
County New York
Street Address 199 Church Street
City New York
StateNY
Zip Code10007
Job Specifics
Minimum Qualifications Basic Qualifications:
Bachelor’s degree with strong academic qualifications; an MBA or CFA designation is preferred. Candidate should have a minimum of 4-6 years of experience in corporate-credit analysis, preferably at a “buy-side” institution.
Seeking candidates with the following attributes:
• Strong communication and financial modeling skills
• Motivated self-starter
• Familiarity with Bloomberg API
Duties Description Description:
The New York State Insurance Fund (NYSIF), with over $20 billion of assets under management, is seeking an experienced credit analyst to assist in managing its corporate bond
portfolio of approximately $8 billion. This position reports to the Chief Credit Officer. Salary will be commensurate with experience.
Illustrative Duties:
Senior Corporate Credit Analysts are sector specialists who work closely with the Chief Credit Officer and the corporate PM/trading team to identify sound investment opportunities within
their assigned sectors.
Specific duties may include, but are not limited to:
• Evaluate and monitor creditworthiness of corporate credits within assigned sectors
• Keep abreast of industry and market developments that could affect the credit portfolio
• Produce written reports on individual credits
• Conduct periodic reviews of assigned sectors, including the identification of industrywide
strengths, weaknesses, opportunities and threats, and likely implications for specific
credit positions
• Communicate with other buy-side, sell-side and rating agency analysts to enhance
perspective
• Review bond indentures, covenants and other terms related to bond offerings and
corporate actions
• Prepare financial models of material credit exposures, including “what-if” scenarios, to
critically assess creditworthiness and proactively minimize potential credit losses
• Respond in a timely manner to requests from NYSIF colleagues for credit opinions and
market perspective
• Assist the broader team on key initiatives, special projects, and other credit matters
• Collaborate with NYSIF colleagues to improve risk identification and monitoring tools
• Coordinate with NYSIF colleagues in investment operations, accounting, and other
enabling functions on portfolio positions, as needed
• Communicate with the PM, traders and other NYSIF colleagues on credit matters that
affect the portfolio.
Additional Comments NYSIF has a telecommuting program
Some positions may require additional credentials or a background check to verify your identity.
Contact Information
Name Renee Bartholomew
Telephone
Fax 518-437-1618
Email Address hrexec@nysif.com
Address
Street PO Box 66699
City Albany
State NY
Zip Code 12206
Notes on ApplyingPlease email cover letter and resume to hrexec@nysif.com.
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