NY HELP No Agency Insurance Fund, State Title Portfolio Specialist u2013 Operations Occupational Category Other Professional Careers Salary Grade NS Bargaining Unit M/C - Managerial/Confidential (Unrepresented) Salary Range From $225000 to $246000 Annually Employment Type Full-Time Appointment Type Permanent Jurisdictional Class Exempt Class Travel Percentage 10% Workweek Mon-Fri Hours Per Week 37.50 Workday From 8 AM To 5 PM Flextime allowed? No Mandatory overtime? No Compressed workweek allowed? No Telecommuting allowed? No County New York Street Address 199 Church Street City New York City State NY Zip Code 10007 Duties Description Description:The New York State Insurance Fund (NYSIF), with over $20 billion in assets under management, is seeking a Specialist to play a central role in overseeing and refining business functions within the Investments Department. This role requires strong knowledge of the investment life cycleu2014including onboarding, cash flow management, trading, and system integration as well as the ability to track industry best practices and regulatory changes impacting portfolio management. Compensation will be commensurate with experience.Responsibilities include, but are not limited to:u2022 Deliver streamlined and consistent processes to optimize operations across multiple investment strategies, including public markets and alternative investments.u2022 Collaborate with internal teams (administration, technology, finance, compliance, cash management) and external partners (consultants, custodian, vendors) to support portfolio activities.u2022 Monitor and resolve cash breaks between the custodian, portfolio management systems, external managers, and other relevant parties.u2022 Coordinate with internal and external managers, as well as key stakeholders, to enhance portfolio management processes.u2022 Assist the portfolio management team with implementation of new investment strategies.u2022 Assist with onboarding new managers and setting up their accounts in custodian and portfolio management systems.u2022 Support strategic planning, operations, and maintenance of the departmentu2019s IT infrastructure, ensuring regulatory compliance and efficient alignment with business goals.u2022 Process capital calls, account funding, and security and cash transfers within custodian and portfolio management systems.u2022 Create and maintain clear documentation to ensure accurate records of all business functions within this role.u2022 Perform additional responsibilities as assigned by management. Minimum Qualifications Minimum Qualifications: u2022 Bacheloru2019s degree and at least seven years of investment experience.u2022 Strong programming skills, including experience with data mining and analytical programming.u2022 Proficiency with portfolio management systems (Aladdin preferred) and process development.Preferred Qualifications:u2022 MBA or Chartered Financial Analyst (CFA) designation are preferred.u2022 Proficiency with portfolio management tools such as BlackRock Aladdin, eVestment, eFront, and custodian reporting systems.u2022 Strong written and verbal communication skills, with exceptional attention to detail.u2022 Strong technical skills and intellectual curiosity.u2022 Ability to carry out activities that are large in scope and technically difficult.u2022 Strong consultative skills with the ability to collaborate effectively with teams and build consensus.Please be advised that the New York State Insurance Fund (NYSIF) does not offer sponsorship for employment visas to employees or potential employees. Candidates sponsored for employment by an organization should be aware of their sponsorship status and the relevant expiration date(s) of that sponsorship before applying to this position. NYSIF is not currently enrolled in eVerify, which is a requirement for certain types of employment verifications. Additional Comments Additional Information: u2022 Primary Location: New York Cityu2022 Travel: 10%u2022 Schedule: 9 AM u2013 5 PMu2022 Telecommuting: Subject to NYSIFu2019s telecommuting program approval process, this position may offer up to 50% telecommuting. u2022 Jurisdictional classification: Exemptu2022 Bargaining unit: Management Confidential (M/C)u2022 Civil Service title: Special Investment OfficerAll exempt appointments require completion of a background check by the NYS Governoru2019s Office of Appointments prior to appointment and completion of an annual Financial Disclosure Statement upon appointment offer. As this position is not tenure-bearing, except under specific circumstances, the employment relationship can be altered at any time by either the incumbent or the appointing authority. Fringe Benefits: u2022 Competitive Compensationu2022 Future Career Growth Potential u2022 Open and Supportive Team-Based Environmentu2022 Plentiful Vacation, Personal, and Sick Leave Accruals u2022 Paid State and Federal Holidaysu2022 Full Medical, Vision, and Dentalu2022 Retirement Optionsu2022 Public Student Loan Forgiveness (PSLF)u2022 Possibility of Telecommuting, Flextime, and Alternative Work SchedulesAbout NYSIF:NYSIF is the largest workers' compensation insurer in New York State and among the ten largest nationwide. NYSIF covers 2 million workers and insures 200,000 employers in New York State. NYSIF's mission is to guarantee the availability of workers' compensation, disability insurance and paid family leave at the lowest possible cost to New York employers while maintaining a solvent fund. Since its inception 110 years ago, NYSIF has fulfilled this mission by competing with other insurance carriers to ensure a fair marketplace while serving as a guaranteed source of coverage for employers that cannot secure coverage elsewhere. NYSIF strives to achieve the best health outcomes for injured workers and be an industry leader in price, quality, and service for New York employers. For more information, visit .NYSIF Commitment to Diversity, Equity, and Inclusion:The New York State Insurance Fund (NYSIF) prioritizes and champions diversity, equity, and inclusion (DEI) throughout our agency. NYSIF provides equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability, veteran status, or any other protected category under federal, state, and local law. We believe that embracing our differences brings richness, new ideas and experiences to NYSIF, which energizes a creative and innovative work environment. We strive to foster a workplace where diverse individuals are able to participate fully in the decision-making process and have ample opportunity for advancement. We are committed to investing the necessary resources and attention to improving the engagement, retention, and promotion of the extraordinary talent we have.Executive Order 31:Executive Order 31 commits New York State government to becoming a model employer for people with disabilities, increasing the participation of people with disabilities in state service and ensuring equal access to opportunities. NYSIF is proud to utilize best practices to recruit, hire, retain, and promote career advancement of individuals with disabilities. This includes special focus on current and prospective employees with the most significant disabilities, such as the use of supported employment, individual placement with support services, customized employment, the civil service sections 55/b and 55/c programs, internships, and job shadowing. If you are a person with a disability and wish to request that a reasonable accommodation be provided for you to participate in a job interview, please send an email to NYSIFu2019s Reasonable Accommodations mailbox at . Some positions may require additional credentials or a background check to verify your identity. Name HR Exec Telephone Fax 518-437-1618 Email Address Address Street 15 Computer Drive West City Albany State NY Zip Code 12205 Notes on Applying Candidates must submit a resume and cover letter outlining their interests and skills to referencing the NYSIF Vacancy Posting Number in the subject line. Submissions without a cover letter may not be considered.
Job Title
Portfolio Specialist u2013 Operations