Careers

Careers

Senior Investment Officer

Company:New York State Common Retirement Fund
Location:NY
Date:09/04/2017

Report to the Director of Opportunistic investments. Informally oversee junior investment and operations staff (no formal direct reports)

Job Duties:

• Lead teams responsible for manager selection, from origination to investment committee presentation, and offer independent recommendations on the merits of investment opportunities

• Perform due diligence of external managers, including leading the evaluation of the manager’s investment process, portfolio exposures, risk management, and performance

• Lead internal and external meetings and build quality relationships with managers and consultants

• Serve as an advisor to the director on portfolio weighting, resource allocation, and new lead generation

• Challenge asset class heads and other fund leaders on their investment ideas/theses

• Develop and monitor a diverse portfolio of opportunistic / ARS investments, which includes recurring reviews and ad-hoc analysis of both manager and asset-level performance

• Monitor selected managers post-closing through observation of board meetings/calls along with analysis of financial and operational reports of performance

• Mentor and develop junior investment staff on both investment knowledge and career topics

Preferred Qualifications/Desired Competencies:

High ethical standards and commitment to the fiduciary responsibilities of a pension fund

Deep knowledge of all aspects of opportunistic investments including valuation metrics, managers, products, diligence process, institutional portfolio management, and industry trends

Ability to independently form judgments on the merits of various investment opportunities and provide high quality recommendations to the director

Deep knowledge of the diligence process required to close deals and institutional portfolio management

Proficient in use of financial modeling and quantitative analytics to evaluate investment opportunities

Ability to build strong, trust-based relationships with a broad variety of internal and external contacts, such as consultants, managers, vendors, peer institutions, other departments of OSC

Strong written and verbal communication skills in order to produce investment memos, deal presentations, and participate in internal investment strategy meetings as well as external manager meetings

Strong motivation with the ability to see projects through to completion in a timely manner with limited guidance and a solutions-oriented mindset

BA, ideally in business, economics, or similar quantitative field; MBA/masters and CFA progress preferred

Generally 10+ years of buyside or institutional investor experience

To Apply: Interested candidates should submit a cover letter and resume to recruit@osc.state.ny.us no later than no later than September 13, 2017.

Please include 6981- PI when responding in the subject line.