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Review Vacancy

Date Posted 08/03/22

Applications Due09/03/22

Vacancy ID109885

AgencyTeachers' Retirement System

TitleManager of Investment Operations

Occupational CategoryOther Professional Careers

Salary GradeNS

Bargaining UnitNone listed

Salary RangeFrom $131054 to $163668 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Unclassified Service

Travel Percentage 0%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 8 AM

To 4 PM

Flextime allowed? Yes

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? Yes

County Albany

Street Address 10 Corporate Wood Drive

City Albancy

StateNY

Zip Code12211

Minimum Qualifications A bachelor’s degree and 9 years practical experience either directly engaged in, or in support of, investment portfolio management, trading, risk management, compliance, accounting, cash management, securities lending and/or reconciliation activities; Including at least five years in a managerial role overseeing such activities;

AND a CPA or CFA designation.

Substitutions:
Experience working in the accounting, finance, or a related field, performing significant business analysis, developing and evaluating programs and procedures, articulating recommendations and delivering presentations may substitute for two years of the investment experience.

An advanced degree in finance, accounting, business administration, economics, statistics, computer science or related field of study may substitute for one year of experience.

Duties Description The duties of the Manager of Investment Operations include, but are not limited to, the following:

Ensure IOD provides timely, accurate, relevant information about the investments owned by TRS to staff decision makers, the statutory custodian, NYSTRS banks, regulatory agencies, and other authorized users of financial or investment information

Develop and maintain strong communications with the investment areas, as well as the Actuary, Finance and Legal departments

Maintain and coordinate periodic update of the Investment Policy Manual

Implement technology solutions to ensure efficient and secure operations and improve the delivery of investment information between other departments and external trading

Act as a primary liaison with outside managers, banks, and others with respect to investment operations, program accounting, reporting and compliance with laws and policies and contracts

Oversee provision of information to appropriate external parties such as independent auditors, Dept of Treasury, DFS, the SEC and others

In conjunction with appropriate investment managers, develop and implement operational risk containment procedures which focus on proactive oversight of investment activities

Administer the activities of the department. Prepare and administer the department’s annual budget and business plan.

Develop RFPs for various services including custodian bank, investment computer applications, computer hardware, investment information and services (pricing, performance, and management)

Implement a business continuity plan to ensure mission critical investment operations continue. Ensure back-up procedures and disaster recovery plans are in place for critical business process.

Ensure that adequate education, systems and resources are available to implement and administer TRS investment policies and investment program guidelines

Additional Comments Reporting to the Chief Financial Officer, the Manager of Investment Operations is responsible for managing the day- to-day operations of the Investment Operations Department, as well as protecting and accounting for the System’s Invested Assets in accordance with System Investment policy and NYS Statues. The incumbent may attend meetings of the Internal Investment Committee and works closely with the Chief Financial Officer and members of the Internal Investment Committee to support investment information needs.

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

Name Christine DiPierno

Telephone 518-447-2906

Fax 518-447-2634

Email Address nystrshr@nystrs.org

Address

Street 10 Corporate Woods Drive

City Albany

State NY

Zip Code 12211

 

Notes on ApplyingIn order to be considered for this position, you must apply to the posting on our applicant portal. The link to the posting is: https://nystrs.peopleadmin.com/postings/4573.

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