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Review Vacancy

Date Posted 07/20/22

Applications Due08/20/22

Vacancy ID108943

AgencyInsurance Fund, State

TitleSenior Corporate Bond Portfolio Manager and Strategist

Occupational CategoryOther Professional Careers

Salary GradeNS

Bargaining UnitM/C - Management / Confidential (Unrepresented)

Salary RangeFrom $225000 to $275000 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Exempt Class

Travel Percentage 10%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 9 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? Yes

County New York

Street Address 199 Church Street

City New York

StateNY

Zip Code10007

Minimum Qualifications Bachelor’s degree and seven (7) to ten (10) years of experience in institutional, fixed income corporate bond investing. Five (5) years of this experience must have included management/supervisory responsibility of traders, Junior PMs and potentially research analysts. Preference may be given to candidates who have obtained their MBA or Chartered Financial Analyst (CFA) credential (CFA study at any level a plus).

Seeking candidates with the following attributes:
• Experience with portfolio management software. Five years background and knowledge of analytic systems including Blackrock Aladdin and Bloomberg PORT (Intex a plus)
• Strong financial modeling skills
• Prior background in fixed-income analytics (equity market experience a plus)
• Competent programming skills (VBA) and proficiency in security modeling
• Deep interest in capital markets
• Solid mathematical understanding of fixed-income instruments

Duties Description In February 2022, the New York State Insurance Fund (NYSIF) was listed as the 37th Best Midsize Employer in America by Forbes. Under the general direction of the Chief Investment Officer (CIO) the Senior Corporate Bond Portfolio Manager and Strategist will oversee and coordinate a variety of complex duties related to the internally managed portfolios.

Illustrative Duties:
• Advising the CIO and other investment department staff as to the viability and risk/reward characteristics of various high-grade credit investment opportunities.
• Making recommendations concerning asset allocation.
• Maintenance of a thorough knowledge of the high-grade credit and government markets.
• Ensuring the timely and accurate execution of trades.
• Examining and analyzing market trends pertaining to high grade credit and making decisions in the best interest of the NYSIF.
• Coordinating and collaborating with the CIO as well as other investment staff.
• Keeping in compliance with investment policy guidelines.
• Executing trades in the high-grade credit sector for cash bonds.
• Evaluating and escalating complex issues or problems to management.
• Managing with the goal of outperforming against customized indices.
• Overseeing and supervising the purchase and sale of high-grade credit securities based upon ALM funding requirements, portfolio rebalancing, index migration, and research analysts.
• Formulating and executing strategies for optimal investment earnings for long-term investments.
• Maintaining contact with financial institutions, advisory groups and management staff on matters concerning fixed income investment policy and procedures.
• Manage the taxable municipal bond portfolio.
• Reposition the municipal portfolio away from tax-exempt bonds to high quality taxable securities.

Additional Comments NYSIF has a telecommuting program.

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

Name Lynn Hausman

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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