Review Vacancy
AgencyTeachers' Retirement System
TitleTRS Investment Officer 2 - Fixed Income
Occupational CategoryOther Professional Careers
Bargaining UnitCSEA Local 658 (NYS Teachers’ Retirement System)
Salary RangeFrom $81143 to $101337 Annually
Minimum Qualifications
A bachelors degree and three years of professional experience working with institutional Fixed Income investments as defined as follows: evaluating fixed income securities/investments, and recommending and concluding on the investment merits and/or drawbacks of existing and/or potential fixed income investments and/or executing institutional investment buy/sell decisions as they relate to short term bonds and foreign exchange and/or independently making and/or evaluating buy/sell decisions regarding another fixed income sub-asset class (e.g., agency mortgages, corporate bonds and/or asset backed securities).
Substitutions: A masters degree in Business Administration or a closely related field may substitute for one year of experience; successful completion of all three levels of the CFA exam may substitute for one year of experience. A maximum of one year of experience substitution is permitted.
Preferred Qualifications:
• Commitment to providing exceptional customer service
• Excellent communication skills
• Excellent interpersonal skills
• Computer and Software Knowledge: proficient in the use of Bloomberg, FactSet, MarketAxess, Moody’s, CreditSights and Microsoft Office applications
• Ability to quickly learn and adapt to new software
• Strong Credit and/or Fixed Income Analysis and Writing Skills: Ability to interpret financial statements, utilize Bloomberg and other tools to investigate credits and/or fixed income securities and perform financial analysis and the ability to concisely document and effectively communicate bond buy/sell recommendations
• Execution of short-term bond purchases: ability to independently execute short-term bond transactions when needed
• Execution of foreign exchange buys & sells: ability to independently execute currency trades
• CFA Charterholder, progress towards becoming a Charterholder, or willing to pursue the Chartered Financial Analyst designation
• Willingness to continually develop financial market/fixed income knowledge and skill set
Duties Description The New York State Teachers’ Retirement System is seeking experienced candidates to fill an investment position that will assist the Fixed Income department in achieving its investment and strategic goals. The TRS Investment Officer 2, will independently and pursuant to the direction of the Assistant Manager and/or TRS Investment Officer 3, perform various duties including, but not limited to, research and/or financial analysis, trade execution, monitor external fixed income investment managers, and bond analytic platform administration and analysis.
• Credit Review, analysis and recommendations on long-term corporate bond issues owned and/or contemplated to be purchased, held, tendered or sold
• Credit review, analysis and recommendation of short term/money market issuers to be included in the eligible to invest list
• Periodic execution of long-term corporate bond buys & sells (new issue or secondary)
• Back up to invest cash in short-term bonds
• Execute Foreign Exchange trades
• Participate and/or lead in the monitoring and due diligence of external bond managers (e.g. global and high yield bonds) and when needed assist in the active monitoring of separate account securities lending programs administered by third party agent lenders for compliance with program guidelines
• Assist in the oversight of bond analytics including troubleshooting, creation and/or generation of reports in a backup capacity
• Perform fixed income related research and analyses, as well as prepare and develop
periodic monthly and quarterly reports (e.g. for Board meetings) as requested
• Other administrative tasks when needed (e.g. the broker/dealer survey)
Additional Comments In order to be considered for this position you must complete our on-line application which can be found at
http://nystrs.peopleadmin.com/postings/3493
Some positions may require additional credentials or a background check to verify your identity.