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Review Vacancy

Date Posted 05/12/22

Applications Due05/26/22

Vacancy ID104759

AgencyState Comptroller, Office of the

TitleSpecial Investment Officer (Operations Officer) - Item # 01347

Occupational CategoryFinancial, Accounting, Auditing

Salary GradeNS

Bargaining UnitM/C - Management / Confidential (Unrepresented)

Salary RangeFrom $83613 to $110788 Annually

Employment Type Full-Time

Appointment Type Temporary

Jurisdictional Class Exempt Class

Travel Percentage 5%

Workweek Mon-Fri

Hours Per Week 37.5


From 9 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? Yes

County New York

Street Address 59 Maiden Lane

City New York


Zip Code10038

Minimum Qualifications Preferred Qualifications:

· Undergraduate degree from an accredited college or university majoring in business, finance, economics, accounting, or related field

· Understanding of basic investment concepts, strategies, asset classes, and fundamental investment factors

· Two (2) years of progressively responsible professional experience in Finance, Accounting, or Investment Operations

· Strong oral and written communication skills to assist with memos, presentations, proposals, and other internal communications

Duties Description Under the direction of the Director of Real Estate and Real Assets and Director of Operations, with ad hoc reporting to senior investment officers

· Support the asset class teams in operational elements of all investment related activities.

· Assist investment officers in performing due diligence for potential real estate and real asset opportunities by collecting relevant materials and data.

· Interface with a variety of operational constituencies (legal, accounting, managers, investment officers) to facilitate the deal process once approved by the Internal Investment Committee or Real Estate Advisory Committee.

· Work with the fund’s accounting staff, consultants, and custodian bank to establish timelines and ensure timely capital calls and accurate distributions of capital.

· Support onboarding investment management solutions to enable superior performance and liaise with IT to connect external solutions to OSC and PICM systems

· Maintain “first line of contact” with external partners to receive and report pertinent operational developments, reports, and other investment related data.

· Work with Legal and Accounting to facilitate initial capital distributions to and ongoing financial reporting from co-investments and JVs by identifying critical reporting needs, sources of needed information, and reliable reporting responsibilities

· Acts as the daily point person with custodian bank and external investment managers’ operations.

· Assists and coordinates with the preparation of content for Board and Investment Committee meeting materials.

· Assist with the processing of requests for amendments and consents and ensure that the CRF responds in a prompt manner.

· Assist in the procurement process for investment-related systems and services from end-to-end including RFP development and issuance, evaluation committee organization, and paperwork generation.

· Assist with investment presentations, memos, analytical exercises, data-gathering projects, and other “ad hoc” requests

· Assists in the management of the affordable housing mortgage program.

· Work with investment teams on an ongoing basis to identify investment process improvement opportunities.

· Assist accounting with the preparation of the Comprehensive Annual Financial Report.

· Assist with any audit requests for documentation.

· Maintain accurate, timely, complete investment files.

· Special projects as requested by Directors.

Additional Comments Desired Competencies

· Four (4) years of progressively responsible professional experience in Finance, Accounting, or Investment Operations (Relevant internships in asset management or finance industry count towards time accrued)

· High ethical standards and commitment to the fiduciary responsibilities of a pension fund

· Team player who stands ready to assist other members of the team to achieve unit objectives

· Knowledge of investment operations functions, including transaction structure, accounting, reporting, and monitoring

· Knowledge of core investment concepts, strategies, operations, and fundamental investment factors across real estate and real assets

· Working knowledge of software and systems used to monitor and manage investments

· Knowledge of relevant statistical concepts used in investment monitoring and reporting

· Detail-oriented working style and careful attention to complex operational processes

· Ability to communicate issues, variances, solutions to business partners.

· Ability to meet deadlines, work under supervision, and take a detail-oriented approach to work

· High degree of independence, self-direction, and time management ability

· Humble, team player – actively seeks coaching, learning and growth opportunities

· Working knowledge of advanced MS Office capabilities for charting and data manipulation

Some positions may require additional credentials or a background check to verify your identity.

Name Sara Burt

Telephone (518) 474-1924

Fax (518) 486-6723

Email Address


Street Office of Human Resources

110 State Street, 12th Floor

City Albany

State NY

Zip Code 12236


Notes on ApplyingInterested candidates should submit a cover letter and resume to no later than May 26, 2022. Please reference Item #01347-SAB when responding.

When responding, please include the reference number and letters listed in this section. The GOER ID # should not be included.

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