NY HELPNo

AgencyInsurance Fund, State

TitleExternal Asset Manager Specialist

Occupational CategoryOther Professional Careers

Salary GradeNS

Bargaining UnitM/C - Managerial/Confidential (Unrepresented)

Salary RangeFrom $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? Yes

County New York

Street Address 199 Church Street

City New York City

StateNY

Zip Code10007

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 cycle—including 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:
• Deliver streamlined and consistent processes to optimize operations across multiple investment strategies, including public markets and alternative investments.
• Collaborate with internal teams (administration, technology, finance, compliance, cash management) and external partners (consultants, custodian, vendors) to support portfolio activities.
• Monitor and resolve cash breaks between the custodian, portfolio management systems, external managers, and other relevant parties.
• Coordinate with internal and external managers, as well as key stakeholders, to enhance portfolio management processes.
• Assist the portfolio management team with implementation of new investment strategies.
• Assist with onboarding new managers and setting up their accounts in custodian and portfolio management systems.
• Support strategic planning, operations, and maintenance of the department’s IT infrastructure, ensuring regulatory compliance and efficient alignment with business goals.
• Process capital calls, account funding, and security and cash transfers within custodian and portfolio management systems.
• Create and maintain clear documentation to ensure accurate records of all business functions within this role.
• Perform additional responsibilities as assigned by management.

Minimum Qualifications Minimum Qualifications:
• Bachelor’s degree and at least seven years of investment experience.
• Strong programming skills, including experience with data mining and analytical programming.
• Proficiency with portfolio management systems (Aladdin preferred) and process development.
Preferred Qualifications:
• MBA or Chartered Financial Analyst (CFA) designation are preferred.
• Proficiency with portfolio management tools such as BlackRock Aladdin, eVestment, eFront, and custodian reporting systems.
• Strong written and verbal communication skills, with exceptional attention to detail.
• Strong technical skills and intellectual curiosity.
• Ability to carry out activities that are large in scope and technically difficult.
• Strong consultative skills with the ability to collaborate effectively with teams and build consensus.

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 All exempt appointments require completion of a background check by the NYS Governor’s 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.

Please note, the salary range displayed includes special salary treatments, such as location pay.

Salary within the posted range will be commensurate with experience. Please note, NYSIF does not offer bonus programs as part of our compensation program.

Fringe Benefits:
• Competitive compensation
• Future career growth potential
• Open and supportive team-based environment
• Plentiful vacation, personal, and sick time off
• Paid state and federal holidays
• Affordable health insurance plans
• Dental and vision benefits provided at no additional cost
• Retirement options
• Public Student Loan Forgiveness (PSLF)
• Possibility of telecommuting, flextime, and Alternative Work Schedules (AWS)

For more information about NYSIF, including our mission, commitment to diversity, equity, and inclusion, and efforts to fulfill Executive Order 31, please visit www.nysif.com.

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 NYSIF’s Reasonable Accommodations mailbox at ra@nysif.com.

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

Name HR Exec

Telephone

Fax 518-437-1618

Email Address recruit@nysif.com

Address

Street 15 Computer Drive West

City Albany

State NY

Zip Code 12205

Notes on ApplyingCandidates must submit a resume and cover letter outlining their interests and skills to recruit@nysif.com referencing the NYSIF Vacancy Posting Number in the subject line. Submissions without a cover letter may not be considered.