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Review Vacancy

Date Posted 05/17/18

Applications Due06/18/18

Vacancy ID53443

AgencyInsurance Fund, State

TitleInvestment Grade Fixed Income Credit Analyst (Special Investment Officer)

Occupational CategoryOther Professional Careers

Salary GradeNS

Bargaining UnitM/C - Management / Confidential (Unrepresented)

Salary RangeFrom $140000 to $170000 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Exempt Class

Travel Percentage 10%

Workweek Mon-Fri

Hours Per Week 37.50


From 8 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? No

County New York

Street Address 199 Church Street

City New York City


Zip Code10007

Minimum Qualifications Bachelor’s degree, preferably in Accounting, Finance, or Economics, with strong academic qualifications; MBA or CFA designation is preferred. Candidate must also have a minimum of three (3) years of credit experience covering financial institutions or corporate credits, preferably at a “buy-side” institution, such as an insurance company or asset manager. Minimal travel required. Candidates must be New York State residents or willing to relocate.

Seeking candidate with the following knowledge, skills, and abilities:
• Superior Excel financial modeling skills;
• Self-motivated individual with sound reasoning and strong analytical and communication skills (verbal and written);
• A demonstrated ability to work well independently, and as part of a team;
• The ability to manage multiple time-sensitive assignments;
• Strong attention to detail and mental concentration needed to accurately perform tasks with potential interruptions;
• Strong academic record with knowledge of accounting;
• Familiarity with Bloomberg (including API) mandatory;
• Proficiency in Microsoft Office (PowerPoint, etc.);
• Experience using Capital IQ or Aladdin a plus.

Duties Description The Investment Grade Fixed Income Credit Analyst will underwrite and monitor credit positions for NYSIF’s corporate fixed income investment portfolio of roughly $10 billion. The analyst will work closely with other analysts, the portfolio manager, and trader in seeking to identify relative value opportunities both within and between sectors.

The Analyst will be an industry specialist, assuming responsibility for analyzing, monitoring, and reporting on all credits within assigned sectors. Ideally, the candidate will have experience covering financial institutions, including banks and insurance companies. Dependent upon the area and level of experience, the analyst may work under the direction of a Senior Analyst for up to one year before assuming direct control of the assigned sectors.

Duties will include, but not be limited to:
• Underwriting and actively monitoring credit exposures;
• Identifying relative trading opportunities and minimizing credit losses;
• Conducting periodic reviews of assigned sectors and relative value opportunities;
• Assisting the investments team on key initiatives, special projects, and other credit-related functions;
• Collaborating with investment analytics on the development and maintenance of desk systems and tools;
• Liaising with investment operations, accounting, and others on portfolio positions as needed;
• Communicating with the Chief Investment Officer, Chief Credit Offer, Chief Risk Officer and Portfolio Manager on industry and credit specific developments that might materially impact the portfolio.

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

Name Margaret Raymond


Fax 518-437-1618

Email Address


Street 15 Computer Drive West

City Albany

State NY

Zip Code 12205


Notes on ApplyingCandidates should email or mail a resume and cover letter to:

The New York State Insurance Fund
Attn: Human Resources
15 Computer Drive West
Albany, NY 12205
E-Mail address:

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