Review Vacancy
TitleSr. Structured Products Portfolio Manager and Strategist (SIO)
Occupational CategoryOther Professional Careers
Bargaining UnitM/C - Management / Confidential (Unrepresented)
Salary RangeFrom $160000 to $175000 Annually
Minimum Qualifications Bachelor’s degree and five (5) to ten (10) years of experience in structured product investing. Three (3) years of this experience must have included management/supervisory responsibility of traders, Junior Portfolio Managers (PMs) and potentially research analysts. Preference may be given to candidates who have obtained their MBA or Chartered Financial Analyst (CFA) credential (CFA study at any level a plus). Candidates must be New York State residents or be willing to relocate.
Duties Description Under the general direction of the Chief Investment Officer (CIO) the portfolio Manager will oversee and coordinate a variety of complex duties related to fixed income structured product
portfolios.
Duties include, but are not limited to:
• Advising the CIO and other investment department staff as to the viability and risk/reward characteristics of various structured product investment opportunities;
• Maintaining a thorough knowledge of the Collateralized Mortgage Obligations (CMO), Asset Backed Security (ABS), Commercial Mortgage Backed Security (CMBS), Residential Mortgage Backed Security (RMBS) markets;
• Ensuring the timely and accurate execution of trades;
• Examining and analyzing market trends pertaining to making decisions in the best interest of the NYSIF;
• Coordinating and collaborating with the CIO as well as other investment staff;
• Assisting the CIO in ensuring strict compliance with investment policy guidelines;
• Keeping in compliance with investment policy guidelines;
• Evaluating and escalating complex issues or problems to management;
• Managing with the goal of outperforming against customized indices;
• Overseeing and supervising the purchase and sale of securities based upon Asset Liability Management (ALM) funding requirements, portfolio rebalancing, index migration, and research
analysts; and
• Maintaining contact with financial institutions, advisory groups and management staff on matters concerning fixed income investment policy and procedures.
Some positions may require additional credentials or a background check to verify your identity.