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Review Vacancy

Date Posted 01/05/22

Applications Due02/06/22

Vacancy ID96922

NY HELPNo

AgencyInsurance Fund, State

TitleStructured Products Credit Analyst

Occupational CategoryOther Professional Careers

Salary GradeNS

Bargaining UnitM/C - Management / Confidential (Unrepresented)

Salary RangeFrom $175000 to $200000 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Exempt Class

Travel Percentage 20%

Workweek Mon-Fri

Hours Per Week 37.50

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 Basic Qualifications:
Bachelor’s degree with strong academic qualifications; an MBA or CFA designation is preferred. Candidate should have a minimum of 5 years of experience in structured product credit analysis, preferably at a “buy-side” institution.

Seeking candidates with the following attributes:
• Strong communication skills, a demonstrated ability to effectively interact with senior
management, and a track record of individual initiative
• Experience using standard evaluation tools such as: Intex Calc, Trepp, eMBS, Markit,
Bloomberg, Yieldbook and Point. Andrew Davidson Vector and Blackrock Aladdin a plus.
• Programming skills and VBA/SQL a plus.

Duties Description Description:
The New York State Insurance Fund (NYSIF), with over $20 billion of assets under management, is seeking an experienced structured products credit professional to assist in
managing its structured products portfolio of approximately $4 billion. This position reports to the Senior Portfolio Manager for Structured Products. Salary will be commensurate with
experience.

Illustrative Duties:
Structured Products Credit Analysts analyze a variety of complex structured products to identify sound investment opportunities in both the primary and secondary markets.

Specific duties may include, but are not limited to:

• Research and analyze collateral, issuers and structures for the main structured product
security types in which the portfolio currently invests (i.e., ABS, CMBS, RMBS, and CLOs) on a daily basis using internal and external tools
• Produce written reports including structured product evaluations and quarterly updates, credit memos, and industry reviews
• Utilize vendor-based research and tools to reflect changes in structured products modeling assumptions and to incorporate that analysis into recommendations and reports
• Provide fundamental and relative value research to generate structured product driven investment ideas and strategies to enhance portfolio returns and mitigate risk, exercising prudence in balancing both risk and expected return
• Maintain relationships with sell-side strategists to achieve best ideas within structured products
• Perform ongoing due diligence and surveillance of structured product portfolio positions, and communicate updates in a timely fashion
• Support the Senior Portfolio Manager for Structured Products, as needed, on any ad hoc projects, including the oversight of any externally managed investment mandates for
structured products

Additional Comments NYSIF has a telecommuting program

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

Name Renee Bartholomew

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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