Review Vacancy
Date Posted: 01/05/22
Applications Due: 02/06/22
Vacancy ID: 96922
Position Information
NY HELPNo
AgencyInsurance Fund, State
TitleStructured Products 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 5 years of experience in structured product credit analysis, preferably at a “buy-side” institution.
Seeking candidates with the following attributes:
• Strong communication skills, a demonstrated ability to effectively interact with senior
management, and a track record of individual initiative
• Experience using standard evaluation tools such as: Intex Calc, Trepp, eMBS, Markit,
Bloomberg, Yieldbook and Point. Andrew Davidson Vector and Blackrock Aladdin a plus.
• Programming skills and VBA/SQL a plus.
Duties Description Description:
The New York State Insurance Fund (NYSIF), with over $20 billion of assets under management, is seeking an experienced structured products credit professional to assist in
managing its structured products portfolio of approximately $4 billion. This position reports to the Senior Portfolio Manager for Structured Products. Salary will be commensurate with
experience.
Illustrative Duties:
Structured Products Credit Analysts analyze a variety of complex structured products to identify sound investment opportunities in both the primary and secondary markets.
Specific duties may include, but are not limited to:
• Research and analyze collateral, issuers and structures for the main structured product
security types in which the portfolio currently invests (i.e., ABS, CMBS, RMBS, and CLOs) on a daily basis using internal and external tools
• Produce written reports including structured product evaluations and quarterly updates, credit memos, and industry reviews
• Utilize vendor-based research and tools to reflect changes in structured products modeling assumptions and to incorporate that analysis into recommendations and reports
• Provide fundamental and relative value research to generate structured product driven investment ideas and strategies to enhance portfolio returns and mitigate risk, exercising prudence in balancing both risk and expected return
• Maintain relationships with sell-side strategists to achieve best ideas within structured products
• Perform ongoing due diligence and surveillance of structured product portfolio positions, and communicate updates in a timely fashion
• Support the Senior Portfolio Manager for Structured Products, as needed, on any ad hoc projects, including the oversight of any externally managed investment mandates for
structured products
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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