Review Vacancy
TitleAssistant Investment Officer
Occupational CategoryFinancial, Accounting, Auditing
Bargaining UnitPS&T - Professional, Scientific, and Technical (PEF)
Salary RangeFrom $45455 to $71980 Annually
Minimum Qualifications One year of permanent competitive class services in an Administrative title eligible for transfer under section 70.1 of the Civil Service law such as, Senior Accountant or Senior Municipal Financial Analyst.
For provisional appointment to a two-year traineeship leading to Assistant Investment Officer, SG-18:
Assistant Investment Officer Trainee 1: a bachelor's degree in finance, economics, public administration, or business administration including at least 15 semester credit hours in finance.
Assistant Investment Officer: a bachelor's degree in finance, economics, public administration, or business administration including at least 15 semester credit hours in finance, and two years of experience in investments, cash management, or debt management.
*Substitution: a master's degree in finance, economics, public administration, or business administration may substitute for one year of experience.
*Investment experience involves the purchase and sale of securities, controlling and recording investment transactions with brokers, and reconciling monies and securities in a portfolio of at least $1 billion with a large public or private sector institution.
*Cash Management refers to the collection, disbursement and investment of cash in an organization while maintaining the company liquidity. Examples include assessing market liquidity, cash flow, investments, and overseeing money market funds and treasury bills in a portfolio of at least $500 million with a large public or private sector institution.
*Debt management refers to the issuance of sale of debt securities including the purchase of securities, controlling and recording investment transactions with brokers in organized bid or other solicitation forms, reconciling and reporting monies and securities, and preforming closing procedures, as related to individual debt issuance transactions, and debt services maintenance including investment and payment of funds throughout the life of debt outstanding.
Preferred Qualifications:
Seeking candidates with the following knowledge, skills, and abilities:
• Intermediate knowledge of the investments field
• Understanding of the control environment of an investment department
• Strong writing skills and proficiency with Microsoft Excel
• Experience with Bloomberg investment software is preferred.
Duties Description Duties include, but are not limited to:
• Evaluating and monitoring NYSIF’s investment portfolio to ensure regulatory compliance
• Assisting in the implementation of NYSIF’s personal trading policy
• Conducting transactional compliance reviews for investments to ensure regulatory compliance and best practices
• Monitoring NYSIF’s securities lending program
• Monitoring NYSIF’s pre-trade allocation
Additional Comments There is currently no eligible list for this title.
Some positions may require additional credentials or a background check to verify your identity.